May 082023
 

Every now and then I see posts, tweets, comments, etc. mentioning that Ukrainian President Volodymyr Zelenskyy has a net worth over a billion dollars. For a comedian to be that rich, especially when his nation is gettign bombed into gravel, is suspicious to say the least. The implication, of course, is that there is financial chicanery goign on… likely American tax dollars being funneled directly into his pockets.

But as with so many Interesting Stories, this appears to be complete BS.

An article from Forbes:

President Zelensky Is Not A Billionaire. So How Much Is He Worth?

In short, he’s nowhere near a billionaire. Forbes estimates he’s worth $20 to $30 million, which is a surprisingly high amount. But there is a fair explanation for that:

His main asset: an estimated 25% stake in Kvartal 95, a group of companies that produce humorous shows, which he transferred to his partners after being elected president, though he’ll likely regain his shares after leaving office. Kvartal 95 produced and owns the Servant of the People series, a popular political comedy starring Zelensky as a Ukrainian high school teacher who is elected president. Netflix, which previously streamed the show between 2017 and 2021, snapped up the rights again in March. With estimated revenues of $30 million annually, Forbes Ukraine values Zelensky’s stake at $11 million.

He was an entertainer, and prior to the war had a goodly stake in an entertainment company. This makes sense.

If there is evidence that he’s substantially richer than that, in the “Russian Oligarch” category, I’m sure the world would be interested to see it. But “evidence” has to be more than the say-so of some Russian talking head.

 

 Posted by at 7:10 am