Billionaire Profile
Victor Pinchuk
Global Rank
#1516

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 April 20, 2026
0% (24h)
Age
65
Source
Steel pipes, diversified
Industry
Metals & Mining
Citizenship
UKRAINE

Biography

Victor Mykhailovych Pinchuk (born December 14, 1960) is a Ukrainian businessman, philanthropist, and former politician. He is primarily known for his wealth derived from his ownership of Interpipe Group, a leading steel pipe and railway wheel producer, and EastOne Group Ltd., an international investment advisory company. His career began in the pipe production industry after earning a doctorate from the Dnipropetrovsk Metallurgical Institute in 1987. Pinchuk's net worth is estimated to be $1.0 billion as of 2024. Throughout his career, he has been a significant figure in Ukrainian business and has made substantial contributions to philanthropic causes through the Victor Pinchuk Foundation.

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

Wealth Over Time

In-Depth Profile

Early Life and Education

Victor Pinchuk was born in Kyiv, Ukraine, in 1960 to Jewish parents. He graduated with honors from the Dnipropetrovsk Metallurgical Institute in 1983. He earned a PhD in industrial engineering in 1987.

Rise to Success

In 1990, Pinchuk founded the Interpipe Company, leveraging his patented innovations in pipe design and production, which were adopted by leading metallurgical factories. He has also been involved in various philanthropic projects in Ukraine through the Victor Pinchuk Foundation.

Key Business Strategies

Pinchuk is the founder of EastOne Group Ltd., an international investment advisory company and Interpipe Group, one of Ukraine's leading pipe, wheel and steel producers. Interpipe has expanded globally, opening sales offices in key markets. In 2006, he founded EastOne, an investment advisory company. In 2007, Interpipe opened its headquarters in Dubai.

Philanthropy

Pinchuk is known for his philanthropic activities. In 2006, he consolidated his philanthropic efforts under the Victor Pinchuk Foundation, the largest private Ukrainian philanthropic foundation. He joined The Giving Pledge in February 2013, committing to donate half or more of his wealth to philanthropic causes.

Career Milestones

1987

Doctorate in Industrial Engineering

Graduated from the Dnipropetrovsk Metallurgical Institute with a doctorate.

1990

Founded Interpipe Company

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

1998

Elected to Ukrainian Parliament

Served as a member of the Ukrainian Parliament for two consecutive terms until 2006.

2006

Founded Victor Pinchuk Foundation

Established the Victor Pinchuk Foundation, a major philanthropic organization in Ukraine.

2007

Founded EastOne Ltd.

Founded EastOne Ltd., an international investment advisory company.

2010

Listed in Time 100

Named one of the "2010 Time 100 – The World's Most Influential People" in Time Magazine.

Philanthropy & Social Impact

Philanthropy

Victor Pinchuk Foundation

N/A

Supports projects in health, education, culture, international affairs, human rights, and local communities.

Education

Zavtra.UA

N/A

Largest private scholarship program in Ukraine.

Education

WorldWideStudies

N/A

Scholarship program for Ukrainian students studying abroad.

Culture

PinchukArtCentre

N/A

Contemporary art centre in Central and Eastern Europe.

Healthcare

Cradles of Hope

N/A

Network of modern neonatal centers throughout Ukraine.

International Relations

Yalta European Strategy

N/A

Promotes Ukraine's integration with Europe and the world.

Business Philosophy & Leadership

Notable Quotes

"It's not necessary to be a member of the European Union, but European values will solve a great number of Ukraine's problems."

Controversies & Challenges

2015

Ukrnafta Bribery Allegations

Accused of receiving a bribe for the rights to manage Ukrnafta.

2015-2016

Kolomoisky Lawsuit

Brought a $2 billion civil action against Ihor Kolomoisky and Gennadiy Bogolyubov.

2018

Trump Foundation Donation

Controversy over a $150,000 donation to the Donald J. Trump Foundation.