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Billionaire Profile
Victor Pinchuk
Global Rank
#1141

Image: Public domain | via Wikimedia Commons

Victor Pinchuk

CEO, Interpipe
UA
Real-Time Net Worth
$3.3B
As of December 2025
Age
64
Source
Steel pipes, diversified
Industry
metals-mining
Citizenship
UA

Biography

Victor Pinchuk is a prominent Ukrainian businessman, philanthropist, and former politician. Born in Kyiv in 1960, he is known for his significant wealth derived from his investments in steel pipes and diverse business ventures. With an estimated net worth of $3.3 billion as of July 2025, Pinchuk is a major figure in the global business landscape. He is the founder of EastOne Group LLC and Interpipe Group, a leading Ukrainian producer of steel pipes and railway wheels. Pinchuk's career spans across various sectors, including media, with ownership of several TV channels and a tabloid publication. His philanthropic efforts, spearheaded by the Victor Pinchuk Foundation, focus on education, healthcare, culture, and Ukraine's international integration. Pinchuk's commitment to philanthropy includes joining the Giving Pledge, promising to donate a significant portion of his wealth to charitable causes.

Wealth Over Time

In-Depth Profile

Early Life and Education

Victor Mykhailovych Pinchuk was born in Kyiv, Ukrainian SSR, on December 14, 1960. He was raised in a Jewish family and moved to Dnipropetrovsk. He graduated from Dnipropetrovsk Metallurgical Institute in 1987 with a doctorate in industrial engineering.

Rise to Success

Pinchuk founded Interpipe in 1990, a major producer of seamless pipes and railway wheels, based on his patented innovations. He served as a member of the Ukrainian Parliament (Verkhovna Rada) for two terms, from 1998 to 2006. In 2006, he founded EastOne Group LLC, an international investment advisory company.

Key Business Strategies

Pinchuk's primary source of wealth is his involvement in the steel industry through Interpipe Group. He has strategically expanded his business interests to include media holdings. Additionally, he has built a diverse portfolio through EastOne Group, investing in various sectors.

Philanthropy

Pinchuk established the Victor Pinchuk Foundation in 2006, which is a major philanthropic organization in Ukraine. The foundation supports initiatives in healthcare, education, culture, and international affairs. Pinchuk joined the Giving Pledge in 2013, committing to donate at least half of his fortune to charitable causes. His philanthropic projects include the PinchukArtCentre, the largest private scholarship program Zavtra.UA, and the WorldWideStudies program.

Career Milestones

1987

Earned Doctorate

Graduated from Dnipropetrovsk Metallurgical Institute with a doctorate in industrial engineering.

1990

Founded Interpipe

Founded Interpipe, a major producer of seamless pipes and railway wheels.

1998-2006

Member of Parliament

Served two terms in the Ukrainian Parliament.

2006

Founded Victor Pinchuk Foundation

Established the Victor Pinchuk Foundation, a philanthropic organization.

2006

Founded EastOne

Founded EastOne Group LLC, an investment advisory company.

Philanthropy & Social Impact

Philanthropy

Victor Pinchuk Foundation

$XB

Supports projects in education, healthcare, culture, and international affairs.

Healthcare

Cradles of Hope

$XB

An all-Ukrainian network of neonatal centers.

Education

Zavtra.UA

$XB

Largest private scholarship program in Ukraine.

Education

WorldWideStudies

$XB

Scholarship program for Ukrainian students studying abroad.

Culture

PinchukArtCentre

$XB

Contemporary art centre in Kyiv.

Business Philosophy & Leadership

Notable Quotes

"Art, freedom and creativity will change society faster than politics."

"Businessmen need to understand the challenges of society and contribute to solving them."

"I conduct business, not dependent of public sentiment, but according to the rules of fair business."

Leadership Principles

Focus on Innovation

Embracing new technologies and ideas to improve products and services.

Commitment to Philanthropy

Giving back to society through various charitable initiatives.

Global Perspective

Understanding and operating within the global business environment.

Controversies & Challenges

2018

Trump Foundation Payment

Investigation by Robert Mueller into a $150,000 payment to the Trump Foundation.