Vadym Novynskyi (; born 3 June 1963
Liga.net) is a

Ukrainian Ukrainian may refer to: * Something of, from, or related to Ukraine * Something relating to Ukrainians, an East Slavic people from Eastern Europe * Something relating to demographics of Ukraine in terms of demography and population of Ukraine * Som ...

(since May 2012) businessman, owner of Smart Holding Group, and politician.

Protodeacon Protodeacon derives from the Greek ''proto-'' meaning 'first' and ''diakonos'', which is a standard ancient Greek word meaning "assistant", "servant", or "waiting-man". The word in English may refer to any of various clergy, depending upon the us ...

of the

UOC-MP The Ukrainian Orthodox Church ( uk, Українська православна церква, Ukrainska pravoslavna tserkva; russian: Украинская православная церковь, Ukrainskaya pravoslavnaya tserkov', UOC), common ...

. According to

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...

Novinsky's

Net Worth Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, ne ...

in March 2013 was $1.9 billion.

Biography

Novynskyi was born 3 June 1963 in

Staraya Russa Staraya Russa ( rus, Старая Русса, p=ˈstarəjə ˈrusːə) is a town in Novgorod Oblast, Russia, located on the Polist River, south of Veliky Novgorod, the administrative center of the oblast. Its population has steadily decreased o ...

(then

USSR The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nation ...

, now

Russia Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eigh ...

). In 1985, he graduated from the

Leningrad Academy of Civil Aviation The Saint Petersburg State University of Civil Aviation is an aviation school in Saint Petersburg, Russia. History In 1955, the Government of the USSR in Leningrad decided to advance studies of senior commanding staff for Civil aviation, Civil Av ...

in engineering management systems. From 1985 until 1986 he worked for various companies in Russia. Novynskyi worked in Ukraine since 1996 starting with

Lukoil The PJSC Lukoil Oil Company ( stylized as LUKOIL or ЛУКОЙЛ in Cyrillic script) is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petrol ...

North West and then buying Ukrainian

metallurgy Metallurgy is a domain of materials science and engineering that studies the physical and chemical behavior of metallic elements, their inter-metallic compounds, and their mixtures, which are known as alloys. Metallurgy encompasses both the sci ...

companies. On 29 May 2012 Novynskyi obtained

Ukrainian citizenship Ukrainian nationality law details the conditions by which a person holds nationality of Ukraine. The primary law governing these requirements is the law "On Citizenship of Ukraine", which came into force on 1 March 2001. Any person born to a Uk ...

"for distinguished services to the country" under the order of

Ukrainian President The president of Ukraine ( uk, Президент України, Prezydent Ukrainy) is the head of state of Ukraine. The president represents the nation in international relations, administers the foreign political activity of the state, condu ...

Viktor Yanukovych Viktor Fedorovych Yanukovych ( uk, Віктор Федорович Янукович, ; ; born 9 July 1950) is a former politician who served as the fourth president of Ukraine from 2010 until he was removed from office in the Revolution of D ...

. Novynskyi lives in

Kyiv Kyiv, also spelled Kiev, is the capital and most populous city of Ukraine. It is in north-central Ukraine along the Dnieper, Dnieper River. As of 1 January 2021, its population was 2,962,180, making Kyiv the List of European cities by populat ...

. He also has a residence in

Saint Petersburg Saint Petersburg ( rus, links=no, Санкт-Петербург, a=Ru-Sankt Peterburg Leningrad Petrograd Piter.ogg, r=Sankt-Peterburg, p=ˈsankt pʲɪtʲɪrˈburk), formerly known as Petrograd (1914–1924) and later Leningrad (1924–1991), i ...

(Russia). The general public better known him as a

Russian oligarch Russian oligarchs ( Russian: олигархи, romanized: ''oligarkhi'') are business oligarchs of the former Soviet republics who rapidly accumulated wealth in the 1990s via the Russian privatisation that followed the dissolution of the So ...

, who made his major fortune in the "dashing 90-e" on privatization of many Ukrainian enterprises. As an

independent Independent or Independents may refer to: Arts, entertainment, and media Artist groups * Independents (artist group), a group of modernist painters based in the New Hope, Pennsylvania, area of the United States during the early 1930s * Independe ...

Novynskyi won the 7 July 2013 by-election in constituency 224 in

Sevastopol Sevastopol (; uk, Севасто́поль, Sevastópolʹ, ; gkm, Σεβαστούπολις, Sevastoúpolis, ; crh, Акъя́р, Aqyár, ), sometimes written Sebastopol, is the largest city in Crimea, and a major port on the Black Sea ...

(located in the southwestern region of the

Crimean Peninsula Crimea, crh, Къырым, Qırım, grc, Κιμμερία / Ταυρική, translit=Kimmería / Taurikḗ ( ) is a peninsula in Ukraine, on the northern coast of the Black Sea, that has been occupied by Russia since 2014. It has a pop ...

) with 53.41% with a turnout of 23.91%.Novinsky wins by-election to Rada in Sevastopol, according to CEC

Interfax-Ukraine The Interfax-Ukraine ( uk, Інтерфакс-Україна) is a Kyiv-based Ukraine, Ukrainian independent news agency founded in 1992. The company does not belong to the Russian news corporation Interfax Information Services. The company pub ...

(8 July 2013)By-election to parliament in 224th majority constituency of Sevastopol scheduled for 7 July, says CEC

(18 April 2013) Before the election Novynskyi had stated he would join the

Party of Regions The Party of Regions ( uk, Партія регіонів, Partiia rehioniv, ; russian: Партия регионов, Partiya regionov) was a pro-Russian political party in Ukraine formed in late 1997 that then grew to be the biggest party of U ...

if he won. He did so on 5 September 2013. After the (controversial) March 2014 annexation of Crimea by

Novynskyi was banned from entering the peninsula by the Russian-appointed Crimean authorities. In the October

2014 Ukrainian parliamentary election Snap elections to the Verkhovna Rada took place on 26 October 2014. Petro Poroshenko, the President of Ukraine, had pressed for early parliamentary elections since his victory in the presidential election in May.Opposition Bloc russian: Оппозиционный блок , colorcode = , logo = Opposition Bloc.png , logo_size = 240px , leader1_title = Chairman , leader1_name = Rinat Akhmetov (one wing)Dmytro Firtash & Yuriy Boyko ...

.Poroshenko Bloc to have greatest number of seats in parliament

Ukrinform The National News Agency of Ukraine ( uk, Українське національне інформаційне агентство), or Ukrinform ( uk, Укрінформ), is a state information and news agency, and international broadcaster of U ...

(8 November 2014)
People's Front 0.33% ahead of Poroshenko Bloc with all ballots counted in Ukraine elections – CEC

(8 November 2014)
Poroshenko Bloc to get 132 seats in parliament – CEC

(8 November 2014) Since May 2014 Novynskyi is under criminal investigation for "unlawful imprisonment or kidnapping by a conspiracy" and "abuse of power or authority" for allegedly helping President Yanukovych. On 8 December 2016 parliament deprived Novynskyi of his parliamentary immunity. In the

2019 Ukrainian parliamentary election Snap elections to the Ukrainian parliament were held on 21 July 2019. Originally scheduled to be held at the end of October, these elections were brought forward after newly inaugurated President Volodymyr Zelenskyy dissolved parliament on 21 ...

Novynskyi was reelected in parliament as an

Opposition Bloc russian: Оппозиционный блок , colorcode = , logo = Opposition Bloc.png , logo_size = 240px , leader1_title = Chairman , leader1_name = Rinat Akhmetov (one wing)Dmytro Firtash & Yuriy Boyko ...

candidate in single-seat constituency 57 (

Donetsk Oblast The Donetsk Oblast ( ukr, Донецька область, Donetska oblast, ), also referred to as Donechchyna ( ukr, Донеччина, links=no), is an oblast of eastern Ukraine. It is Ukraine's most populous province, with around 4.1 mill ...

). During the 2022 Russian invasion of Ukraine, Novynskyi declared that he would remain in Ukraine and stated that there are no excuses for the Russian attack.

Controlled assets

With partner and fellow billionaire,

Andrei Klyamko Andrei, Andrey or Andrej (in Cyrillic script: Андрэй , Андрей or Андреј) is a form of Andreas/Ἀνδρέας in Slavic languages and Romanian. People with the name include: * Andrei of Polotsk (–1399), Lithuanian nobleman ...

Novynskyi owns Ukraine's Smart Holding Group. In 2006 they united their Ukrainian metallurgy companies into Smart Holding Group. In 2007 they exchanged them for a stake in Metinvest. Smart Holding Group has a 23.75% stake in iron ore producer

Metinvest Metinvest is an international group of steel and mining companies that owns operations in Ukraine, Italy, Bulgaria, the UK and the US, mines ore and coal, produces coke, smelts steel and produces rolled products, pipes and other steel products. ...

. Smart Holding also owns large assets in the oil and gas sector, shipbuilding, development, agriculture and its controlling Unex Bank and