Ukrainian oligarchs
[5] By 2015, due to the Russo-Ukrainian War, the total net worth of the five richest and most influential Ukrainians at that time (Rinat Akhmetov, Viktor Pinchuk, Ihor Kolomoyskyi, Henadiy Boholyubov and Yuriy Kosiuk) had dropped from $21.6 billion in 2014 to $11.85 billion in June 2015.The rise of the oligarchs has been connected to the privatization of state-owned assets, the distribution of property titles to state-owned enterprises, land, and real estate, on an equal basis to the entire population of the country, through instruments such as privatization vouchers, certificates, and coupons.Businessmen who could provide initial investment capital were able to collect these property titles and thus take control over of formerly public holdings.They are then banned from financing political parties, cannot participate in the privatisation of major companies and must submit a special declaration of their income.[11] In total, in September 2021 the top 100 wealthiest business people in Ukraine controlled around $44.5 billion, according to Forbes,[12] 27% of Ukrainian GDP.