Ukraine is not as much of an oligarchy as Russia but the economic stratification is still outrageous. If we add up the fortunes of Ukraine’s 100 richest people, they will equal 22% of the country’s entire GDP. As a comparison, in the US the richest 400 people possess the equivalent of the 13% of the country’s GDP (which is, obviously, still a lot but not as bad as in Ukraine.)
The war with Russia, however, is making an impact on the economy. The Ukrainian oligarchs have lost over $13 billion since the beginning of the Russian invasion. Since they were not creating any wealth for the country, it’s hard for me to feel bad for them.
An article I read on the subject today (the link is in Russian) points out that an average Ukrainian with the median monthly salary of $267 would have to work for 3,370,786 years and 7 months to make a fortune similar to that of Ukraine’s richest ban, the Donetsk bandit Rinat Akhmetov.
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