V adim Novinsky is a Ukrainian billionaire who is a major figure in the country's industrial and political landscape. He is the founder and chairman of the Smart Holding Group, a major Ukrainian industrial and investment conglomerate. Born in Russia, he became a Ukrainian citizen. He made his fortune in the 1990s in the oil and gas industry in Russia. He later moved his business interests to Ukraine, where he has become a major player in the steel, shipbuilding, and agricultural industries.

His most valuable asset is his stake in Metinvest, Ukraine's largest steel producer, which he owns in partnership with the country's richest man, Rinat Akhmetov. He has also been deeply involved in Ukrainian politics, having served as a member of the Ukrainian parliament. His business interests have been severely impacted by the ongoing war in Ukraine, which has led to the destruction of some of his industrial assets. He has also been sanctioned by the Ukrainian government.