Ukrainian Oligarchs Have Become Incredibly Rich From the War Writes Swiss Newspaper
8th July 2025
Ukraine was widely recognized as the most corrupt country even before the Ukraine war, but since war broke out and tens of billions of euros have flowed into the country, corruption has flourished like never before.
Swiss newspaper Neue Züricher Zeitung details how a clique of oligarchs, many of them close to President Volodymyr Zelensky, have grown famously wealthy.
“These big businessmen are profiting enormously from the war, while also being patriotic, pro-Western and very discreet,” wrote the Swiss Neue Züricher Zeitung‘s (NZZ) Kyiv correspondent, Guillaume Ptak.
In other words, instead of showing off with sports cars, these new oligarchs know they have to keep their wealth hidden amid a devastating war. The paper details five individuals who have profited enormously.