Gennadiy Bogolyubov

Summary

Gennadiy (Zvi Hirsch) Bogolyubov[1][2] (Ukrainian: Генна́дій Бори́сович Боголю́бов; born 20 January 1962) is a Ukrainian oligarch based in the United Kingdom.[3][4][5] He controlled Privat Group, along with Ihor Kolomoyskyi and Oleksiy Martynov.

Gennadiy Bogolyubov
Геннадій Боголюбов
Born (1962-01-20) 20 January 1962 (age 62)
NationalityUkrainian
CitizenshipUkraine
United Kingdom
Israel
Cyprus
Known forPrivat Group

Early life edit

Gennadiy Bogolyubov is a native of Dniprodzerzhynsk, Dnipropetrovsk Oblast.[6]

Career edit

In 2010, Bogolyubov was reported as being the third richest Ukrainian, having a net worth of $5.429 billion.[7]

He has interests in ferroalloys, petrochemicals, and finance, and owns the largest manganese miner in Australia, Consolidated Minerals.[7]

In April 2015, it was reported that he had settled out of court with his rabbi, Yonah Pruss, who had sought over £20 million, over "two major London property deals".[8]

Bogolyubov and fellow Ukrainian billionaire Igor Kolomoisky were being sued by another Ukrainian billionaire Viktor Pinchuk in the largest damages claim before London's High Court, for about US$2 billion, settling the case a few days before the trial was due to start.[8][9]

Philanthropy edit

Bogolyubov has established the Bogolyubov Foundation, "a charitable organisation rooted in authentic Torah values".[10] In 2014, his foundation funded an educational center for Jewish history in a hall excavated under Jerusalem's Muslim Quarter, among mainly Mamluk remains connected by underground spaces to the Western Wall tunnel. Bogolyubov financed the excavation and refurbishing of the underground area with ca. $20 million out of his own wealth.[1][2] Bogolyubov funded the Menorah Centre, a 56,000 square meter Jewish community center with attached synagogue in Dnipropetrovsk, Ukraine.[11]

Personal life edit

Bogolyubov was married[7] with six children.[11] He separated from his wife in 2023.[12] He resided on Belgrave Square in Belgravia, London, England,[8] until 2023, paying his ex-wife £7m to move out of the country in an attempt to avoid legal action over alleged fraud at Privatbank by severing his ties to the United Kingdom, threatening to cut off child support to their children if she did not comply.[13] He led a secular life until his mid-40s when he rediscovered Judaism and is a practicing Jew today.[11]

It was reported in The Guardian that Bogolyubov had acquired Cypriot citizenship in 2016 through a "Golden visa" scheme, "as a result of him having made substantial investments in the country (via certain companies) and being fully compliant with the legal requirements at the time".[14]

In November 2017 Bogolyubov officially declared that he was a citizen of Ukraine, United Kingdom, Israel and Cyprus. He also noted that he lived in Geneva, Switzerland.[15]

References edit

  1. ^ a b Eisenbud, Daniel K. (1 June 2014). "14th century grand hall discovered underneath the Kotel Tunnels". The Jerusalem Post. Retrieved 22 October 2020.
  2. ^ a b "Educational Centre in Grand Hall of Temple Mount Tunnels". Report from Jerusalem #61. London: The Anglo-Israel Archaeological Society (AIAS). 23 July 2014. Retrieved 22 October 2020.
  3. ^ Ukrainian oligarchs call off London court case - Jewish Chronicle, 22 January 2016
  4. ^ Ukrainian oligarchs settle $2-billion dispute days before London court hearing - Reuters, 22 January 2016
  5. ^ The crackdown on Ukraine's oligarchs - Financial Times, 28 November 2023
  6. ^ Геннадій Борисович Боголюбов
  7. ^ a b c "#3 Richest: Gennady Bogolyubov, 48". kyivpost. 17 December 2010. Retrieved 30 September 2015.
  8. ^ a b c Armitage, Jim (21 April 2015). "Oligarch Bogolyubov settles property dispute with his rabbi". London Evening Standard. Retrieved 30 September 2015.
  9. ^ Armitage, Jim (13 March 2015). "Oligarchs at war: Claims of murder among Ukrainian billionaires in High Court case". The Independent. Retrieved 30 September 2015.
  10. ^ "The Bogolyubov Foundation website". bogolyubovfoundation. Archived from the original on 27 December 2016. Retrieved 30 September 2015.
  11. ^ a b c Cohen, Justin (March 9, 2017). "How an oligarch found faith and created a community - Ukrainian billionaire Gennadiy Bogolyubov tells us how he reconnected with Judaism and set up Jewish hubs here and at home". Jewish News.
  12. ^ Oligarch’s £95m separation deal with wife frozen for fraud case - Evening Standard, 2 June 2023
  13. ^ Ukrainian oligarch paid wife £7 million to leave London in failed bid to avoid legal action over fraud - Evening Standard, 18 November 2023
  14. ^ Pegg, David (17 September 2017). "The billionaires investing in Cyprus in exchange for EU passports". the Guardian. Retrieved 8 February 2018.
  15. ^ Боголюбов підтвердив, що у нього 4 громадянства [Bogolyubov confirmed that he has 4 citizenship]. Ukrainska Pravda (in Ukrainian). Retrieved 2023-07-08.