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Petro Poroshenko Net Worth

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Petro Poroshenko's Net Worth as of 2024
$1.6 Billion

Born Petro Oleksiuovych Poroshenko on the 26th September 1965, in Bolhrad, (then) Ukrainian SSR, Soviet Union, he is a politician, best known to the world as the President of Ukraine, a position he has held since 2014. Aside from his political power, Petro has also had success as a businessman, becoming one of Ukraine’s oligarchs. His most famous company is the chocolate manufacturer Roshen.

Have you ever wondered how rich Petro Poroshenko is, as of mid- 2017? According to authoritative sources, it has been estimated that Poroshenko’s net worth is as high as $1.6 billion, earned through his successful careers which began in the late ‘80s.

Petro Poroshenko Net Worth $1.6 Billion

He spent part of his childhood in Bendery, which is now a part of the sovereign country Moldova. During his upbringing, young Petro was trained in judo and sambo, but was left without gold medal at graduation due to his ill behavior during school – a C grade for his behavior. After high school, Petro he enlisted into the Soviet Army and after he was involved in a fight with several other cadets, was sent to army service in Kazakh SSR, in northern Central Asia.

He subsequently studied economics at Kiev State University from 1982 until 1989, and concurrently started a legal advisory firm, which focused on making settlements between two factions in foreign trade, and soon enough began investing his profits in supplying cocoa beans to the Soviet chocolate industry. Two years after his initial involvement in the chocolate industry, Petro started the UkrPromInvest Ukrainian Industry and Investment Company, which specialized in confectionery, and spent the next five years developing his business by acquiring several confectionery companies, finally combining into the Roshen Confectionery Corporation in 1996. Since then, his company has become one of the largest confectionery manufacturing groups, which has significantly increased his wealth.

He has since expanded his kingdom to media, as he owns TV channel 5 kanal, and he also owns a ship building and the armament company, Kuznya na Rybalskomu, further increasing his wealth.

When it comes to his political career, he first ventured into politics in 1998, by winning a spot in the Verkhovna Rada, the Ukrainian Parliament, for the 12th single-mandate constituency.

Until 2000 he was a part of the United Social Democratic Party, which stood next to the then-President Leonid Kuchma. However, Petro left the party and started his own, which he named Solidarity, and in the following year he was one of the integral participants in founding another Leonid Kuchma- loyal party, called Party of Regions.

In the early 2000s he chose not to support Leonid Kuchma, and became a campaign chief of Viktor Yushchenko’s Our Ukraine Bloc opposition faction, and once Yushchenko became President of Ukraine in 2005, Petro’s political career began to improve. He stayed in the Ukrainian parliament until 2007, when he became the head of the Council of Ukraine’s National Bank, a position in which he served until 2013, but before stepping down he returned to politics, by assuming the position of the Minister of Foreign Affairs in 2008, and served his country until 2011. Then he was made Minister of Trade and Economic Development in 2011, and for the next two years was prominent in bringing Ukraine closer to the European Union.

However, in early 2014, Ukrainian Revolution burst out, which resulted in the removal of the then president Viktor Yanukovich. Petro benefited from the revolution, as he became the elected President of Ukraine at the 2014 Presidential election, as he won 54.7% votes. However, since then Ukrainian and Russian relations have been strained as he has turned Ukraine more towards the European Union, accepting the Ukraine–European Union Association Agreement, and is putting all efforts to make the country a part of the European Union. Russia’s invasion of Crimea and support of separatists in eastern Ukraine has also created problems for Poroshenko and the country in general.

Regarding his personal life, Petro has been married to Maryna since 1984; the couple has four children together.

Petro is known for his devotion to Ukrainian Orthodox Church, and has made numerous donations towards churches and monasteries that belong to Ukrainian Orthodox Church.

Also, Petro has started the Petro Poroshenko Charity Foundation, through which has helped many causes.

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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Politicians

Vern Buchanan Net Worth

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Born Vernon Gale Buchanan on the 8th May 1951 in Detroit, Michigan USA, he is a businessman and politician, a member of the Republican Party, best known to the world for serving as a representative of Florida’s 16th congressional district since 2007.

Have you ever wondered how rich Vern Buchanan is, as of mid- 2017? According to authoritative sources, it has been estimated that Buchanan’s net worth is as high as $44 million, an amount earned through his successful careers.

Vern Buchanan Net Worth $44 Million

Vern is of part-Finnish ancestry since his maternal grandparents immigrated from the country to the USA. He grew up in Detroit with his five siblings. After high school matriculation, Vern enlisted into the Michigan Air National Guard where he spent the next six years. However, he was also focused on his education, attending Cleary University, from which he graduated with a bachelor’s degree in business administration. He didn’t stop there as he obtained a Masters’ degree in business administration from the University of Detroit.

Before he had any political aspirations, Vern used his knowledge in business to launch a career as a businessman. Back in 1976 he teamed up with an owner of a Michigan printing company and promised him that he would help develop his business. The two started the American Speedy Printing, and in no time the company opened over 730 stores in 44 states. Unfortunately, Vern’s business acumen wasn’t all legal, and as a result the firm went bankrupt, while he himself had to pay $1.5 million to Michigan Corporation Act.

Regardless, he continued his career as he bought a Honda and Acura dealership in Ocala, Florida, developed his career as a car salesman and expanded his kingdom to two more car dealerships. He was quite successful as a car salesman until 2005, when he decided to change his focus to politics and as a result, sold the majority in his car dealerships.

Aside from having success with car dealerships, Vern also has two reinsurance companies in his ownership, Jamat Reinsurance Co., and Buchanan Reinsurance Co., and used these companies to provide extended warranty policies to his car buyers.

His political aspirations began to appear in 2006 when he ran in the 13th congressional district in Florida to replace incumbent Republican Katherine Harris. Vern was the winner of Republican primaries, defeating his Republican opponents Nancy Detert, and Tramm Hudson. And in the general elections, Vern was put up against Christine Jennings, just winning with 50.08% of the votes.

Vern was sworn in as Representative for Florida’s 13th Congressional District on 3 January 2007 and since then has been re-elected three more times quite easily, although his position changed as he became the Representative for Florida’s 16th district, as there has been a change in numbering Florida’s districts.

Regarding his personal life, Vern has been married to Sandra since 1976, with whom he has two children.

Vern is also quite active in the community; he has supported numerous nonprofit organizations, including Boys and Girls Club, the Community Foundation of Sarasota County, the American Heart Walk, the Walk to Cure Juvenile Diabetes and many more.

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Politicians

Rahul Gandhi Net Worth

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Rahul Gandhi was born on the 19th June 1970 in New Delhi, India, and is a politician probably best recognized for being the latest in the Gandhi political dynasty, the current Member of Parliament, Lok Sabha from Amethi, Uttar Pradesh. He is also known for being the Vice-President of the Indian National Congress party. His political career has been active since 2004.

So, have you wondered how rich Rahul Gandhi is, as of early 2017? According to authoritative sources, it has been estimated that Rahul counts the total size of his net worth at the impressive amount of $100 million, accumulated largely through his successful involvement in the politics.

Rahul Gandhi Net Worth $100 Million

Rahul Gandhi was raised with his younger sister in a famous family by his father, the late Rajiv Gandhi, who was the Prime Minister of India, and his mother Sonia Gandhi, who is the current President of Indian National Congress Party; his grandmother was Indira Gandhi, who was the Prime Minister, too. Rahul is also the great-grandson of Jawaharlal Nehru, known for being India’s first Prime Minister. He went to St. Columba’s School, Delhi, after which he attended The Doon School in Dehradun, Uttarakhand. Soon, the family was forced to give him home-school education following the assassination of his grandmother Indira Gandhi in 1984.However, he enrolled at St. Stephen’s College, Delhi in 1989, and later transferred to Harvard University. In 1991, his father was killed by the Tamil Tigers (LTTE), so he transferred again to Rollins College in Florida, USA, from which he graduated with a BA degree in 1994. While in college, his real name was known only by security agencies and the university officials. In the following year, he earned his M.Ph. degree from Trinity College, Cambridge, and right after graduation, he started to work at the Monitor Group, a management consulting company in London, and in 2002, he became one of the directors of Backops Services Private Ltd., based in Mumbai.

Rahul’s political career began in March of 2004, when he ran to compete in the May 2004 Lok Sabha elections, India’s lower house of Parliament, as a member of the Indian National Congress political party from the constituency of Amethi in Uttar Pradesh. During that time, the seat was held by his mother, until he moved to the neighboring seat of Rae Bareilly. Although the Congress had only 10 of the 80 Lok Sabha seats in the state, Rahul won the elections and became a Member of Parliament for Amethi, which marked the beginning of an increase of his net worth. Alongside his sister Priyanka Gandhi, he managed their mother’s campaign for re-election in 2006, and they won with over 400,000 votes, so the Congress won 22 seats.

In the following year, Rahul was named General Secretary of the All India Congress Committee, and he also became the Chairperson of the National Students Union of India and the Indian Youth Congress. He stayed in the position of General Secretary of the Indian National Congress until 2013, when he was selected for the position of the Vice-President of the party, which added a considerable amount to his net worth.

Most recently, Rahul appeared in the Indian general election in 2014 from the constituency of Amethi in Uttar Pradesh, but winning only 44 seats, so losing to Narendra Modi.

When it comes to speak about Rahul Gandhi’s personal life, there is no information about it in the media, although rumours abound of possible relationships.

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