Andrey Verevskiy’s profile picture

Andrey Verevskiy

Andrey Verevskiy’s profile picture
Net worth 2018: $1 Billion
Country: Ukraine
Children: 3
Education: Bachelor of Arts / Science, National Agricultural University
BIOGRAPHY

Andrey Verevskiy was born in Ukraine. Andrey Verevskiy started trading in grain when he was 19; founded Kernel Holding a decade later growing it into Ukraine's largest sunflower oil producer. He took the company public in 2007, netting $300 million; the company's stock price is down 7% over the past year. Verevskiy is turning to Russia for growth, acquiring two oil extracting factories and a port terminal with plans to start grain export from Russia. Last year, Verevskiy was elected to Ukraine's Parliament as a delegate from the Party of Regions which supports Ukraine's current president Viktor Yanukovich.

NET WORTH STATISTIC
2011

$1.1 Billion

2012

$1 Billion

2013

$1 Billion

2018

$1 Billion

TIMELINE
2016

In April 2016 the Ukrainian magazine Focus estimated his wealth at $642 million

2013

The Higher Administrative Court of Ukraine stripped Verevsky of his seat in parliament on 5 March 2013 because he simultaneously was parliamentary deputy and headed a commercial entity

2012

Verevskiy was placed at number 46 on the electoral list of Party of Regions during the 2012 Ukrainian parliamentary election

2011

Since the debut on the WSE the market capitalisation of the company has tripled and reached US$2 billion in 2011

2010

Since October 2010, member of the Party of Regions faction

2007

From 2007, parliamentary deputy of Ukraine of the 6th convocation, from the Yulia Tymoshenko Bloc

2006

2006-2007, parliamentary deputy of Ukraine of the 5th convocation, from the Yulia Tymoshenko Bloc

2005

From June 2005, member of Yulia Tymoshenko Bloc's faction

2004

Until December 2004, member of the United Ukraine faction, European Choice group and Regions of Ukraine faction

2002

2002-2006, Verkhovna Rada parliamentary deputy of the 4th convocation

1995

In 1995 founded a small grain trading enterprise focusing on grain exports out of Ukraine, which through the years grew into a present Kernel

1974

Andriy Verevskyi (Ukrainian: Андрій Веревський) (born July 25, 1974) is a Ukrainian entrepreneur, founder and chairman of the board of Kernel, a Ukrainian diversified agri company

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