Billionaire Profile
Kostyantin Zhevago
Global Rank
#3246

Image: Верховна Рада України | Attribution | via Wikimedia Commons

Kostyantin Zhevago

CEO, Mining
UKRAINE
Real-Time Net Worth
$1.105B
Estimated based on Mining stock value as of April 20, 2026
-1.42% (24h)
Age
52
Source
Mining
Industry
Metals & Mining
Citizenship
UKRAINE

Biography

Kostyantin Zhevago, a Ukrainian businessman, politician, and philanthropist, was born on January 7, 1974. His source of wealth is primarily from Mining, stemming from his significant stake and leadership within Ferrexpo, a major iron ore producer. Zhevago's career includes a substantial presence in Ukrainian politics, serving as a member of the Verkhovna Rada for 21 years. Despite facing legal challenges, including allegations of embezzlement and money laundering related to his former bank, Finance & Credit, Zhevago remains a prominent figure in the business world. He is known for his involvement in the London Stock Exchange listing of Ferrexpo, marking a pioneering achievement for Eastern European business leaders.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Kostyantin Valentynovych Zhevago was born in Iultin, Chukotka Autonomous Okrug, Russian SFSR, Soviet Union (now Russia) on January 7, 1974. He spent his childhood in Dniprorudne, Zaporizhia Oblast, Ukraine. Zhevago graduated with honors from school and entered the Kyiv National Economic University in 1991, specializing in accounting and analysis of foreign economic activity. He obtained a degree in International Economic Relations and a master's degree in Economics in 1996, followed by a PhD in Economics in 2003, focusing on international investments.

Career and Rise to Success

Zhevago began his career in the financial sector, becoming the chief financial officer of Finance and Credit JSC from 1993 to 1996. He then became Chairman of the Board of Finance and Credit Bank from 1996 to 1998. He served as a member of the Verkhovna Rada (parliament of Ukraine) continuously for 21 years from 1998 until 2019. A major milestone was bringing Ferrexpo to the London Stock Exchange, the first company with Ukrainian assets to trade on the main market. He also served as the Executive Director of Ferrexpo from 2008 to 2019.

Key Business Strategies

Zhevago's key business strategy involved acquiring stakes in mining assets, notably iron ore, that formed the basis of Ferrexpo. He focused on vertically integrated operations from mining to pellet production. This strategy included investments in processing facilities, expansion into new markets, and emphasizing high-grade iron ore pellets for steel production.

Philanthropy

While details on specific amounts are unavailable from search results, Zhevago is known to be a philanthropist. He has been involved in charitable activities. In 2012, he supported reading programs for children in London.

Career Milestones

1993

Chief Financial Officer

Began his career as CFO of Finance and Credit JSC.

1996

Chairman of the Board

Became Chairman of the Board of Finance and Credit Bank.

1998

Member of Verkhovna Rada

Elected to the Verkhovna Rada of Ukraine, serving for 21 years.

2007

Ferrexpo Listing

Ferrexpo listed on the London Stock Exchange.

2008

Executive Director of Ferrexpo

Served as Executive Director of Ferrexpo until 2019.

Philanthropy & Social Impact

Education

Reading Programs

$XB

Supported reading programs for children in London

Controversies & Challenges

2015

Finance & Credit Bank Collapse

The bank collapsed, leading to allegations of embezzlement and money laundering, with Zhevago denying wrongdoing.

2019

International Wanted Man

Declared an international wanted man regarding possible involvement in embezzlement of ₴2.5 billion.

2022

Detention and Extradition Ruling

Detained in Switzerland and a French court ruled against his extradition to Ukraine.