On March 11, Yury Chyzh, one of Belarus’s wealthiest entrepreneurs, was arrested. Chyzh heads Triple, a conglomerate with 5,000 employees and assets in various businesses, including the oil trade, construction, the import of alcoholic beverages, the hotel industry and other sectors.
By the standards of Russia or Ukraine, Chyzh is no oligarch. At one point, a Ukrainian source assessed his wealth at $90 million (Delo, August 6, 2010). When, in 2011, this author asked President Alyaksandr Lukashenka if Chyzh deserves to be called an “oligarch,” the response was, “What are you talking about? He is a pauper; he borrows money …read more
Source: The Jamestown Foundation