Billionaire Profile
Victor Pinchuk
Global Rank
#1468

Image: Ingwar | CC BY-SA 2.5 | via Wikimedia Commons

Victor Pinchuk

CEO, Steel pipes
UKRAINE
Real-Time Net Worth
$2.8B
Estimated based on Steel pipes stock value as of March 6, 2026
0% (24h)
Age
65
Source
Steel pipes, diversified
Industry
Metals & Mining
Citizenship
UKRAINE

Biography

Victor Pinchuk is a Ukrainian businessman, philanthropist, and former politician. Born in Kyiv on December 14, 1960, Pinchuk has a current net worth of $3.3 billion as of July 2025. His source of wealth is primarily derived from steel pipes and diversified investments. Pinchuk is the founder of the Interpipe Group, a leading steel industry group in Ukraine, and EastOne Group Ltd., an international investment advisory company. Over the course of his career, he served in the Ukrainian Parliament for two terms and has been a significant supporter of various philanthropic initiatives, including education, healthcare, and contemporary art. He is married to Olena Pinchuk, the daughter of former Ukrainian President Leonid Kuchma.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Victor Mykhailovych Pinchuk was born in Kyiv, Ukraine, on December 14, 1960. His parents were Jewish. In 1987, he earned a doctorate in industrial engineering from the Dnipropetrovsk Metallurgical Institute.

Rise to Success

Pinchuk founded the Interpipe Company in 1990, leveraging his patented innovations in pipe design and production. Interpipe became a major producer of seamless pipes and railway wheels. He also founded EastOne Group Ltd., an international investment advisory company, in 2006. He served as a member of the Ukrainian parliament from 1998 to 2006.

Key Business Strategies

Pinchuk’s business acumen led to the successful establishment of Interpipe, which utilized his innovative approach to steel pipe manufacturing. He expanded his business interests through EastOne, an investment advisory company, and diversified his portfolio across various sectors.

Philanthropy

Victor Pinchuk is actively involved in philanthropy. He founded the Victor Pinchuk Foundation, which supports various projects in education, healthcare, culture, and human rights. He has also donated over £10 million to support Ukrainian soldiers and civilians affected by the Russo-Ukrainian War. He also launched the PinchukArtCentre, a contemporary art center.

Career Milestones

1990

Founded Interpipe Company

Established a company based on patented innovations in pipe design and production.

1998

Elected to Ukrainian Parliament

Served as a member of the Ukrainian Parliament for two terms.

2006

Founded EastOne Group Ltd.

Founded an international investment advisory company.

2006

Founded Victor Pinchuk Foundation

Consolidated philanthropic activities under the Victor Pinchuk Foundation.

2010

Named in Time 100

Named as one of the world's most influential people by Time Magazine.

Philanthropy & Social Impact

Education, Healthcare, Culture, Human Rights

Victor Pinchuk Foundation

N/A

Supports projects in education, healthcare, culture, and human rights

Humanitarian Aid

Ukraine Relief Fund

£10M+

Supports Ukrainian soldiers and civilians affected by the Russo-Ukrainian War

International Relations

Yalta European Strategy

N/A

An international organization promoting Ukraine's integration with Europe and the world

Arts and Culture

PinchukArtCentre

N/A

A contemporary art center that awards the biannual Future Generation Art Prize

Business Philosophy & Leadership

Notable Quotes

"I do not hide my wealth, but I do not show it off, and most importantly I try to use it for improving society. The more you own, the more you can do for your country."

Leadership Principles

Philanthropy

Committed to giving back to society, especially in education, healthcare, and art.

Supporting Ukraine

Dedicated to supporting Ukraine's development and integration with the world.

Controversies & Challenges

2015

Accusations of Corruption

Accused of receiving a bribe for the rights to manage Ukrnafta. Reached an out-of-court settlement in 2016.