Former Billionaires Who Lost Their Money | Top 10: From Riches To Rags

Viktor Nusenkis, a Russian entrepreneur, built his wealth in Ukraine. He owned two coal mines and a coke-chemical plant, which contributed significantly to his substantial fortune. However, his business ventures took a turn in 2014 when the war in eastern Ukraine began, leading to a decline in his assets. This conflict directly impacted his coal mining operations as it disrupted trade routes and created economic instability.

Furthermore, the economic sanctions imposed on Russia by the international community also affected his businesses. As a result, Nusenkis faced a significant reduction in his wealth, although he has not lost his entire fortune. Despite the challenges, Nusenkis continues to be a prominent figure in the Ukrainian business world, demonstrating his resilience and adaptability in a complex environment.