Ukraine's richest man's yacht in Palma

Superyachts turning up for the boat show.

The superyacht Z in Palma.

The superyacht Z in Palma. | Julian Aguirre

The superyacht Z , owned by Ukrainia's richest man the multimillionaire Kostyantin Zhevago is currently in Palma .

The yacht is moored just a few metres from the mega yacht Tango , owned by the Russian Viktor Vekselberg, which was recently seized by the FBI .

Kostyantin Zhevago, born in Russia in 1974, was named Europe's youngest billionaire by Forbes. He is the CEO and majority shareholder of Ferrexpo, a mineral extraction company, and is worth around $1.8 billion.

He lives in a luxurious house in Kyiv, Ukraine, and is known to donate large sums of money to charities in his home country. It is unknown whether Kostyantin Zhevago, who was a member of Ukraine's parliament from 1998 to 2019, will travel to Palma or whether he is still wanted for questioning over alleged money laundering and embezzlement at his former bank, Finance & Credit, which failed in 2015.

Z is a 65.7 m / 215′7″ luxury motor yacht. She was built by Amels in 2014. With a beam of 12.28 m and a draft of 3.85 m, she has a steel hull and aluminium superstructure. This adds up to a gross tonnage of 1503 tons.

She is powered by Caterpillar engines giving her a maximum speed of 17 knots and a cruising speed of 13 knots. Z's maximum range is estimated at 5000 nautical miles. The motor yacht can accommodate 14 guests in 7 cabins with an interior design by Winch Design and an exterior design by Tim Heywood.

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Joseph Boadella

You would have thought he'd change the name of his boat. 🤔

europe-cities.com

Monaco Battalion: Kostyantin Zhevago, the man in a hurry exiled to the Côte d’Azur and wanted by all of Ukraine

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Our investigation into the Monaco Battalion

Huge Bentley registered in Ukraine on the Place du Casino, Ukrainian megayacht flying the flag in Beaulieu, luxury and overprotected villa in Saint-Jean… a hundred Ukrainians, VIP refugees, fled the war against Russia to reach the Côte d’ Azure.

Despite the general mobilization of all able-bodied men aged 16 to 60 decreed by Volodymyr Zelensky, they live the high life as fighting still rages in Ukraine.

Nice-Matin tells you the story of the oligarchs of the “Monaco battalion”, as the name of the Ukrainian FBI, which opened an investigation into these VIP exiles. A series also to be found in our file.

“Russia’s decision to invade Ukraine has led to an unprecedented national crisis, and we condemn the military attacks Ukraine is currently facing” . This is the message displayed in large on the Ferrexpo website. This giant of the mining and iron industry even writes that it has opened an emergency fund to “support the war effort”.

A yacht called “Z” in Monaco

If this company which employs more than 10,000 people in Ukraine seems turned upside down by the war, it is far from being the case of its majority shareholder. While the fighting rages in his country, Kostyantin Zhevago is quietly … in Monaco. All summer, his yacht called “Z” – a name that resonates strangely since the letter symbolizes support for Russia – sailed between the Principality, Saint-Jean-Cap-Ferrat and Antibes. Its owner was well on board. A Ukrainian journalist even filmed him on the pontoon of his 65-meter boat returning from a shopping session with Madame, his arms laden with Chanel bags.

However, Jévago did not flee the war in Ukraine at the same time as his comrades from the “Monaco battalion”.

He would actually be in Monegasque territory since … 2019. And it was not the charms of the Riviera that brought him to us. Ukraine’s 4th largest fortune has fled his country to avoid another battle… this time in court.

He is indeed suspected in a case of embezzlement of 113 million dollars and money laundering.

Ukraine requests the extradition of its son to Monaco

An arrest warrant would have been issued by Interpol, according to the Ukrainian Investigation Bureau, before being revoked by the Ukrainian justice and then issued again in 2021.

The businessman’s press service denied these accusations: Kostyantyn Zhevago is said to be abroad because of “personal and medical circumstances” a “good reason to be abroad in accordance with current Ukrainian legislation” and he would never have been the subject of the said warrant.

Still, the SBU – the Ukrainian FBI – does not give up. To the point of issuing an extradition request during the summer. The first aimed at a fugitive Ukrainian oligarch.

Europe’s youngest billionaire

First, it fits well with the personality of Kostyantyn Zhevago. This man in a hurry is always aiming for first place. Self-made-man with Ukrainian sauce, Kostyantyn Zhevago is the prototype of the man who started from nothing and climbed the ladder of the wealth of power. Entered as financial director of a prestigious Ukrainian bank after studying finance, he will take control only 5 years later. Everything is linked very quickly then, for this madman of speed. At 35, he becomes the youngest billionaire in Europe, buys up several criminal companies and introduces a Ukrainian company on the stock market for the first time.

Elected deputy in 1998, a position he held until 2019, he bought a small football club and succeeded in winning the Ukrainian Cup, ending up as the hegemony of the two flagship clubs Dynamo kyiv and Shaktar Donetsk, belonging both to other members of the Monaco Battalion.

“He will one day be caught by justice”

Zhévago likes everything that shines. For example, he offers himself a unique edition of Ferrari’s LaFerrari prototype. The fastest car in the world is also one of the most expensive: 1.3 million euros. He will stick a Ukrainian flag on the door. He will never be able to use it on the road, the racing car not being homologated…

But by dint of wanting to go too fast, he will end up burning his wings. “He tends to confuse public and private money, confides an adviser to the Minister of the Interior . He wanted to continue doing business alongside his political activities, which is prohibited by Ukrainian law. He will one day be caught by justice. ”

Unless he decides to speed up even more…

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IMAGES

  1. KOSTYANTIN ZHEVAGO • Net Worth $1.3 Billion • House • Yacht • Private Jet

    zhevago yacht

  2. Z Yacht • Kostyantin Zhevago $70M Superyacht

    zhevago yacht

  3. KOSTYANTIN ZHEVAGO • Net Worth $1.3 Billion • House • Yacht • Private Jet

    zhevago yacht

  4. Z Yacht • Kostyantin Zhevago $70M Superyacht • Amels • 2012

    zhevago yacht

  5. KOSTYANTIN ZHEVAGO • Net Worth $1.3 Billion • House • Yacht • Private Jet

    zhevago yacht

  6. KOSTYANTIN ZHEVAGO • Net Worth $1.3 Billion • House • Yacht • Private Jet

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COMMENTS

  1. Z Yacht • Kostyantin Zhevago $70M Superyacht

    The yacht's owner is Kostyantin Zhevago. Kostyantin Zhevago is a Ukrainian businessman and billionaire. He is the founder and former CEO of Ferrexpo, one of the largest iron ore mining and pellet producing companies in the world. Ferrexpo is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

  2. KOSTYANTIN ZHEVAGO • Net Worth $1.3 Billion • House • Yacht

    Kostyantin Zhevago is a billionaire from Ukraine. And a Member of the Ukrainian parliament. Zhevago is CEO and the controlling shareholder of Ferrexpo. He was born in Russia in January 1974. He is married to Alina Zhevago, they have 2 children (Ivan and Sofiya).

  3. Zhevago's Z-branded yacht found in Dubai

    Zhevago's press office has confirmed that the yacht is part of the Zhevago family investment portfolio and involves other "international investors." "The vessel is currently in Dubai for scheduled maintenance, which should be conducted every 3-5 years in accordance with the standards and requirements of the International Maritime ...

  4. Kostyantyn Zhevago

    Kostyantyn Valentynovych Zhevago was born on 7 January 1974 in the village of Iultin, in Russia's far eastern Magadan Oblast, into the family of a mining engineer.. In 1991, Zhevago entered the Kyiv National Economic University, specialising in accounting and analysis of external economic activity.In 1996, he graduated with a master's degree in economics, and in 2003 he defended his candidate ...

  5. SuperYacht "Z" Amels 212 (Kostyantin Zhevago) Marina Real ...

    The 64m superyacht Z (70 millions $) was built by Amels in 2014 was designed by Tim Heywood. Her owner is Kostyantin Zhevago the youngest billionaire in Eur...

  6. Kostyantin Zhevago

    Kostyantin Zhevago, a member of Ukraine's parliament from 1998 to 2019, stepped down as the firm's CEO in late 2019 amid an investigation by Ukraine's state prosecutor office. Zhevago was wanted ...

  7. Mallorca home to Ukrainian's richest man's yacht

    The yacht is moored just a few metres from the mega yacht Tango, owned by the Russian Viktor Vekselberg, which was recently seized by the FBI.. Kostyantin Zhevago, born in Russia in 1974, was named Europe's youngest billionaire by Forbes. He is the CEO and majority shareholder of Ferrexpo, a mineral extraction company, and is worth around $1.8 billion.

  8. Monaco Battalion: Kostyantin Zhevago, the man in a hurry ...

    A yacht called "Z" in Monaco If this company which employs more than 10,000 people in Ukraine seems turned upside down by the war, it is far from being the case of its majority shareholder. While the fighting rages in his country, Kostyantin Zhevago is quietly … in Monaco.

  9. Top French Court Refuses to Extradite Ukrainian Tycoon Zhevago

    France's top court refused to extradite Ukrainian businessman Kostyantin Zhevago to Ukraine in a blow to the government in Kyiv, which is under increasing pressure to fight corruption.

  10. Ukrainian billionaire Zhevago to be released on bail pending French

    Zhevago, a 48-year-old billionaire who controls London-listed iron pellet producer Ferrexpo , opens new tab, was arrested in France in late December at Ukraine's request and had been detained since.

  11. Ferrexpo's owner detained in France at Ukraine's request

    Billionaire Kostyantyn Zhevago, the controlling shareholder of London-listed iron pellet producer Ferrexpo , has been arrested and is being detained in France at Ukraine's request, an official at ...

  12. Exclusive: Zhevago's Schemes Revealed

    According to Kyiv Post estimates, the volume of export-import operations of Zhevago companies with the Russian Federation from 2017 to 2022 exceeded Hr.7.5 billion ($200 million). Kyiv Post has contacted Zhevago's press office with a request to provide details of the trading activities of businesses affiliated with Zhevago. At the time of ...

  13. KOSTYANTIN ZHEVAGO • Net Worth $1.3 Billion • House • Yacht

    Kostyantin Zhevago is a billionaire from Ukraine. And a Member of the Ukrainian parliament. Zhevago is CEO and the controlling shareholder of Ferrexpo. He was born in Russia in January 1974. He is married to Alina Zhevago, they have 2 children (Ivan and Sofiya).

  14. Superyachtfan

    Ukrainian billionaire and member of parliament Kostyantin Zhevago is the owner of the Amels Holland yacht Z. He also owns a #Bombardier Global Express...

  15. More oligarch toys: Villas and vehicles of the wealthy

    According to luxury vehicle watchdog SuperYachtFan, Zhevago has a 65-meter yacht produced in 2014 by Dutch shipyard Amels.. The craft was designed in the U.K., by London firm Winch Design and Hampshire-based Tim Heywood. It can accommodate up to 14 guests and 16 crew.

  16. Z Yacht • Kostyantin Zhevago $70M Superyacht

    The Z yacht was built by Amels in 2014. The 64m superyacht is designed by Tim Heywood. Her owner is Ukrainian billionaire Kostyantin Zhevago.

  17. Z Yacht • Kostyantin Zhevago $70M Superyacht

    The Z yacht was built by Amels in 2014. The 64m superyacht is designed by Tim Heywood. Her owner is Ukrainian billionaire Kostyantin Zhevago. ... Kostyantin Zhevago is a Ukrainian businessman and billionaire. He is the founder and former CEO of Ferrexpo, one of the largest iron ore mining and pellet producing companies in the world. Ferrexpo is ...

  18. Yachtmerchant...another question for you

    Answer 1 of 4: I have been to the east coast of Mexico many times and I love the blue turquoise waters and I know that I will miss that in San Jose Del Cabo. Do you think that San Jose Del Cabo is as nice or nicer than Playa Del Carmen, Tulum, etc. Also, have...

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  20. KOSTYANTIN ZHEVAGO • Net Worth $1.3 Billion

    Kostyantin Zhevago is the founder of the mining company Ferrexpo. His net worth is $1.3 billion. He is owner of the yacht Z

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  23. Z Yacht • Kostyantin Zhevago $70M Superyacht

    تم بناء اليخت Z بواسطة شركة Amels في عام 2014. وقد تم تصميم اليخت الفاخر الذي يبلغ طوله 64 مترًا بواسطة تيم هيوود. مالكها هو الملياردير الأوكراني Kostyantin Zhevago.