With the destruction of Azovstal, the owner, Rinat Akhmetov, lost an industrial jewel accounting for one-fifth of Ukraine's steel output a multibillion dollar loss that dealt a severe blow to his longtime grip on the Ukrainian economy.
In the war's first year, the total wealth of the 20 richest Ukrainians shrank by more than $20 billion, according to Forbes magazine. Mr. Akhmetov took the biggest hit, losing more than $9 billion. He is one of only two billionaires left in Ukraine, down from 10 before the war, according to The New Voice of Ukraine newspaper.
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