24 March 2022
‘Mercenary’
Born in October 1971, in Ukraine’s second city of Kharkiv, Fuchs earned the nickname “Naemnik”, Mercenary, according to restricted Russian interior ministry records.
He graduated from Kharkiv State University’s department of economic and social planning in 1994 and headed to Moscow.
Currently, he sits at the helm of a huge business empire with holdings in oil, gas, luxury real estate and banking.
His investments span Russia, Ukraine, the UK, the United States and many of the world’s tax havens.
He is so influential that Russian President Vladimir Putin has honoured him for his services to the Russian economy.
Trump-Russia
During the noughties, Fuchs cultivated links to now US President Donald Trump, negotiating with his organisation in 2004 and again between 2008 and 2010. He reportedly baulked at a $200m asking price for the rights to a Trump Hotel Moscow.
Fuchs told a Ukrainian news agency they dealt with Trump in the later stages.
In 2016, Newsweek quoted a former Trump executive as saying the organisation retains close links with Fuchs. He has also been photographed with Trump’s cybersecurity adviser, Rudy Giuliani.
Fuchs is trying, with another investor, to buy Prominvestbank, the Ukrainian subsidiary of Russian-state owned VEB Bank. VEB has been placed at “the centre of an international firestorm that threatens the Trump presidency”. Ukrainian regulators have blocked Fuchs’ purchase.
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