{"id":8047,"date":"2023-03-15T05:07:50","date_gmt":"2023-03-15T05:07:50","guid":{"rendered":"https:\/\/asiaposts.com\/?p=8047"},"modified":"2023-03-15T05:07:56","modified_gmt":"2023-03-15T05:07:56","slug":"billionaire-rinat-akhmetov-on-ukraines-endurance-a-year-into-the-war","status":"publish","type":"post","link":"https:\/\/asiaposts.com\/billionaire-rinat-akhmetov-on-ukraines-endurance-a-year-into-the-war\/","title":{"rendered":"Billionaire Rinat Akhmetov on Ukraine\u2019s Endurance a Year Into the War"},"content":{"rendered":"\n<p>Rinat Akhmetov recently gave an <a href=\"https:\/\/www.forbes.com\/sites\/kerryadolan\/2023\/02\/23\/ukraines-richest-billionaire-on-upending-putins-expectations-one-year-into-russias-war\/?sh=150d25a6496b\">interview with <em>Forbes<\/em><\/a> in which he looked back at the past year. Ukraine\u2019s richest man talked about what victory would look like for his motherland, how he\u2019s managing his System Capital Management assets, what he\u2019s doing to keep his employees paid, and how he\u2019s been helping his country stay afloat.&nbsp;<\/p>\n\n\n\n<p>SCM employs about 150,000 people a year into the war, and according to Akhmetov, all of them are receiving full pay. Akhmetov reported that 13,000 of his employees have been called to defend Ukraine, 517 have lost their lives, and another 1,000 have been wounded.<\/p>\n\n\n\n<p>\u201cWe work unfailingly to provide financial aid and any other assistance to our injured employees and the bereaved families,\u201d he told <em>Forbes<\/em>.<\/p>\n\n\n\n<p>He\u2019s been relentless about getting financial aid and other assistance to his workers and their families during this difficult time. His people are always his top concern. \u201cI am staying in Ukraine just like many other Ukrainian people,\u201d Akhmetov said. \u201cI have not left Ukraine for a day. I have the same feelings as all Ukrainians. I wake up and go to bed, thinking only of victory of Ukraine, and I do everything I can to bring it closer: from my morning conference calls to my daily meetings.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Normal Operations, Abnormal Circumstances&nbsp;<\/h2>\n\n\n\n<p>Akhmetov revealed that the basic structure of his businesses hasn\u2019t changed over the past year. The boards of his companies are still working around the clock to prioritize and address the big-ticket challenges. It\u2019s only that the focus of his team has shifted to the needs of the war.<\/p>\n\n\n\n<p>But it\u2019s not easy.<\/p>\n\n\n\n<p>\u201cThe state of SCM companies is the same as the state of Ukraine\u2019s economy,\u201d Akhmetov told <em>Forbes<\/em>. \u201cIt is dire. Part of Metinvest\u2019s assets (Azovstal, Ilyich Steel, and several other plants) have been severely damaged or temporarily occupied. The assets of our energy holding DTEK are exposed to constant shelling and Russian drone attacks.\u201d<\/p>\n\n\n\n<p>Akhmetov is using whatever of his resources are still workable to produce armored shelters for the army and hundreds of thousands of bulletproof vests. Of all his holdings, it\u2019s the Metinvest Group that\u2019s been particularly instrumental in these efforts. Metinvest has made one out of every 10 suits of body armor used by the Ukrainian army. The shelters that Metinvest has produced are strong enough to withstand artillery shells. Astoundingly, Rinat Akhmetov is still fulfilling his commitments to his investors and filing his returns as he would in any other year. In 2022, SCM companies under the business mogul\u2019s umbrella paid more than $2 billion in taxes.&nbsp;<\/p>\n\n\n\n<p>This doesn\u2019t mean Akhmetov\u2019s <a href=\"https:\/\/www.crunchbase.com\/person\/rinat-akhmetov-0ca3\">portfolio<\/a> hasn\u2019t felt the brunt of the war\u2019s brutality. Many of his plants across the country have been severely damaged by the assaults or occupied by Russian forces. Every day, his employees must repair and restore the facilities to keep everything going.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Donations, Production, and Aid&nbsp;<\/h2>\n\n\n\n<p>Akhmetov didn\u2019t waste any time jumping into action when his country was attacked. For the last year, his foundation, his businesses, and his professional soccer team, FC Shakhtar Donetsk, have given more than $150 million to Ukraine. He allocated $25 million of this to Mariupol, to a project called <a href=\"https:\/\/shakhtar.com\/en\/news\/2023\/january\/16_news\/16_statement-by-fc-shakhtar-president-rinat-akhmetov\/\">Heart of Azovstal<\/a>. Because this port city was so heavily targeted, his top priorities are the missing soldiers and the families of the soldiers who perished in the fighting.&nbsp;<\/p>\n\n\n\n<p>He mobilized the delivery of medication, provided vehicles for defense forces, and made every effort to keep the country\u2019s infrastructure up and running. Ukraine can\u2019t afford to lose power during the wintertime, and Akhmetov and his team are on 24\/7 duty on behalf of the public.&nbsp;<\/p>\n\n\n\n<p>During the interview, Akhmetov took the time to praise President Joe Biden for visiting Ukraine and for offering additional assistance. He said, \u201cThe American people know what the fight for freedom is. The American people are helping Ukraine win this war. After all, this war is much more than Putin\u2019s attempt to take over Ukraine.<\/p>\n\n\n\n<p>\u201cThis is a war against freedom and human dignity, against democracy and the free world, against the world order and security. We defend both ourselves and you. The U.S. President Biden\u2019s leadership and his visit to Kyiv is historic, and bipartisan support for Ukraine is unprecedented. I am grateful to the American people and their leaders for their tremendous help.\u201d<\/p>\n\n\n\n<p>Rinat Akhmetov understands that the atrocities of Putin cannot be undone, but he expects both the leader and Russia to be punished for their baseless attacks. He also wants to see the country pay Ukraine reparations and a full restoration of Ukraine\u2019s territory \u2014 including Donbas and Crimea. He\u2019s already attempted to sue Russia by <a href=\"https:\/\/m.economictimes.com\/news\/international\/world-news\/ukraines-richest-man-plans-to-sue-russia-for-huge-losses\/articleshow\/91817409.cms\">filing a lawsuit<\/a> with the European courts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rinat Akhmetov recently gave an interview with Forbes in which he looked back at the past year. Ukraine\u2019s richest man talked about what victory would look like for his motherland, how he\u2019s managing his System Capital Management assets, what he\u2019s doing to keep his employees paid, and how he\u2019s been helping his country stay afloat.&nbsp; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8048,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Billionaire Rinat Akhmetov on Ukraine\u2019s Endurance a Year Into the War - Asia Posts- Trending Post Of the World<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/asiaposts.com\/billionaire-rinat-akhmetov-on-ukraines-endurance-a-year-into-the-war\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Billionaire Rinat Akhmetov on Ukraine\u2019s Endurance a Year Into the War - Asia Posts- Trending Post Of the World\" \/>\n<meta property=\"og:description\" content=\"Rinat Akhmetov recently gave an interview with Forbes in which he looked back at the past year. Ukraine\u2019s richest man talked about what victory would look like for his motherland, how he\u2019s managing his System Capital Management assets, what he\u2019s doing to keep his employees paid, and how he\u2019s been helping his country stay afloat.&nbsp; [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/asiaposts.com\/billionaire-rinat-akhmetov-on-ukraines-endurance-a-year-into-the-war\/\" \/>\n<meta property=\"og:site_name\" content=\"Asia Posts- Trending Post Of the World\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-15T05:07:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-15T05:07:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/asiaposts.com\/wp-content\/uploads\/2023\/03\/image1-91.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alex John\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alex John\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/asiaposts.com\/billionaire-rinat-akhmetov-on-ukraines-endurance-a-year-into-the-war\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/asiaposts.com\/billionaire-rinat-akhmetov-on-ukraines-endurance-a-year-into-the-war\/\"},\"author\":{\"name\":\"Alex John\",\"@id\":\"https:\/\/asiaposts.com\/#\/schema\/person\/54b91a0926cd49743d0b29a2efa4a1d9\"},\"headline\":\"Billionaire Rinat Akhmetov on Ukraine\u2019s Endurance a Year Into the War\",\"datePublished\":\"2023-03-15T05:07:50+00:00\",\"dateModified\":\"2023-03-15T05:07:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/asiaposts.com\/billionaire-rinat-akhmetov-on-ukraines-endurance-a-year-into-the-war\/\"},\"wordCount\":812,\"publisher\":{\"@id\":\"https:\/\/asiaposts.com\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/asiaposts.com\/billionaire-rinat-akhmetov-on-ukraines-endurance-a-year-into-the-war\/\",\"url\":\"https:\/\/asiaposts.com\/billionaire-rinat-akhmetov-on-ukraines-endurance-a-year-into-the-war\/\",\"name\":\"Billionaire Rinat Akhmetov on Ukraine\u2019s Endurance a Year Into the War - 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