Vadim Ermolaev

Vadym Ermolaev (Ukrainian: Вадим Володимирович Єрмолаєв) is a Ukrainian businessman and investor. A millionaire, Ermolaev is rated as the 48th richest person in Ukraine by the Focus (as of 2016).

Vadym Ermolaev
Born
Dnipropetrovsk
NationalityUkraine
OccupationBusinessman, investor

Biography

Forbes ranked him as 4th on the list of the most influential Dnipropetrovsk businessman and called him the main developer of Dnipro.[1] Also, Ermolaev is called the developer, who has changed the urban architecture,.[2][3]

The net worth of the CEO of the commercial-manufacturing corporation Alef is $322 million so that he is rated as one of the hundred Ukrainian rich men.[4]

In April 2004, Anti-Monopoly Committee of Ukraine officially allowed The Procter&Gamble Company to buy an integral property complex ZAO Olvia Beta Cleaning Products Co (in Pokrov (formerly Ordzhonikidze), Dnipropetrovsk Oblast), 25% of which was the Ermolaev's property holdings.[5]

At the end of 2006, Vadym Ermolaev sold ZAO Agrobank to Czech financial group PPF, which manages assets to the value of more than $60 billion.[6]

According to Dragon Capital Investment Company, Ermolaev's fortune in 2016 was $322 million. That is $66 million more than in the previous year.[7]

Rankings

Korrespondent magazine included businessman in the list of Zolota Sotnia (Golden Hundred) with a fortune of $265 million (36th position). Vadym Ermolaev for several times has been in the list of Focus magazine annual Ukraine's Top richest people rating with the estimated wealth of:

  • 2013 – $245 million (70th position in Ukraine's Top 200 richest people);[8]
  • 2014 – $393 million (43rd position in Ukraine's Top 100 richest people in 2013);[9]
  • in 2015 – 50th position in Ukraine's Top 100 richest people in 2014;[10]
  • in 2016 – 48th position in Ukraine's Top 100 richest people in 2015.[11]

In 2015 Forbes ranked him as the 12th person of independent means, estimated the revenue from the real estate as ₴230–260 million.[12]

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References
  1. The Top 20 richest people in Dnipro
  2. How the businessman changed architecture of Dnipro
  3. What has «Most-City Center» changed in Dnipro and Ukraine
  4. The Top 100 richest people of Ukraine. Full list
  5. Procter & Gamble buys Gala
  6. "Dnipro business: the group of titans". Archived from the original on April 27, 2017. Retrieved April 26, 2017.
  7. Ermolaev Vadym Volodymyrovych.Production of alcohol, agroindustrial complex, real estate
  8. Vadym Ermolaev in the Focus magazine ranking
  9. Vadym Ermolaev in the Focus magazine ranking for 2013
  10. Vadym Ermolaev in the Focus magazine ranking for 2014
  11. Vadym Ermolaev in the Focus magazine ranking for 2015
  12. Vadym Ermolaev in the Focus magazine ranking of beneficiaries for 2015
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