ZeroHedge – Ukraine’s Richest Man Mobilizes Private ‘Army’ After Assets Threatened – 16 May 2014

ZeroHedgeRinat Akhmetov – Ukraine’s richest man with an estimated worth of $11.4 billion – has, as Reuters reports, acquired almost feudal status in the industrial hub of Donetsk in the past 20 years – but the separatist rebellions there have altered the dynamics of power. This is not acceptable to the billionaire and so he has demanded his miners and metalworkers join police on patrol on Mariupol. As pro-Russian rebels declaring independence seized public buildings across the steel and coal belt which is the basis of his colossal fortune, he issued repeated written statements in support of a united Ukraine… but the media-shy 47-year-old, who has a workforce of 300,000 people on his payroll in the Donbass, has to tread carefully around local sensitivities and has avoided specifically condemning the action of the separatists.

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