Andrey Verevskiy
Food and Beverage

Andrey Verevskiy Net Worth

1 year from now

Andrey Verevskiy is a Ukrainian businessman who started trading in grain at the age of 19 and went on to found Kernel Holding, the largest sunflower oil producer in Ukraine. After taking the company public in 2007, he made $300 million. Despite a 7% drop in the company's stock price over the past year, Verevskiy is now looking to Russia for growth, acquiring two oil extracting factories and a port terminal with plans to start grain export from Russia. Last year, he was elected to Ukraine's Parliament as a delegate from the Party of Regions, which supports the current president Viktor Yanukovich.
Andrey Verevskiy is a member of Food and Beverage

Age, Biography and Wiki

Birth Place Ukraine

💰 Net worth: $1 Billion (2024)

Andrey Verevskiy, renowned for his significant contributions to the food and beverage industry in Ukraine, is expected to see his net worth reach an impressive $1 billion by 2024. With a remarkable entrepreneurial mindset and a keen understanding of the ever-evolving market, Verevskiy has successfully built a reputable empire within the F&B sector. His innovative strategies, coupled with a commitment to quality and customer satisfaction, have propelled his ventures to great heights. As a result, his net worth is projected to soar in the coming years, solidifying his position as a prominent figure in the industry.

2011 $1.1 Billion
2012 $1 Billion
2013 $1 Billion
2018 $1 Billion

Biography/Timeline

1995

Graduated with a bachelor's degree in agronomics from the National Agrarian University. Oxford College graduate. In 1995 founded a small grain trading enterprise focusing on grain exports out of Ukraine, which through the years grew into a present Kernel. Chairman of the board and majority shareholder of Kernel Holding S.A. since 2007.

2002

2002-2006, Verkhovna Rada parliamentary deputy of the 4th convocation. Fellow of the Verkhovna Rada Finance and Banking Committee. Until December 2004, member of the United Ukraine faction, European Choice group and Regions of Ukraine faction. From June 2005, member of Yulia Tymoshenko Bloc's faction.

2006

2006-2007, parliamentary deputy of Ukraine of the 5th convocation, from the Yulia Tymoshenko Bloc. Fellow of the Agrarian Policy and Land Relations Committee. At the moment of elections, member of the Batkivshchyna party.

2007

From 2007, parliamentary deputy of Ukraine of the 6th convocation, from the Yulia Tymoshenko Bloc. Fellow of the Agrarian Policy and Land Relations Committee.

2010

In June 2010, Verevskiy crossed to the Stability and Reform coalition formed by the Party of Regions, Lytvyn Bloc and Communist Party factions. Since October 2010, member of the Party of Regions faction.

2012

In 2012, US Forbes Magazine valued net worth of Andrey Verevskiy at USD 1 billion. In April 2016 the Ukrainian magazine Focus estimated his wealth at $642 million.

2013

Verevskiy was placed at number 46 on the electoral list of Party of Regions during the 2012 Ukrainian parliamentary election. He was re-elected into parliament. The Higher Administrative Court of Ukraine stripped Verevsky of his seat in parliament on 5 March 2013 because he simultaneously was parliamentary deputy and headed a commercial entity.

Some Andrey Verevskiy images

Tags 1974 births Living people Batkivshchyna politicians Party of Regions politicians Ukrainian businesspeople Expelled members of the Verkhovna Rada People from Poltava

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.