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Cover image: Akhmetov Foundation, Security Service of Ukraine/Getty Images, Petro Poroshenko/facebook, Simon Dawson/Bloomberg via Getty Images, GENYA SAVILOV/AFP/ Getty Images
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Since Ukraine proclaimed its independence from the Soviet Union in 1991, a large share of its industries has been controlled by oligarchs like Rinat Akhmetov, Victor Pinchuk, Petro Poroshenko, Ihor Kolomoisky, Viktor Medvedchuk and Dmytro Firtash. For decades, they have held massive sway in politics, owned monopolies in industry, and controlled large media empires.

Yet as Russia started its all-out war against Ukraine, things took a dark turn for the tycoons. What has happened to them, their fortune, and political influence?

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6:30 PM

Media: SBU drones strike airbase, oil refinery in Russia.

The Security Service of Ukraine (SBU) in conjunction with the country's new Unmanned Systems Forces, launched a drone attack on Russia's Kushchevskaya military airbase and Slavyansk oil refinery plant overnight, Ukrainska Pravda reported on May 19.
11:10 PM

Decorated Ukrainian pilot killed in action.

Lieutenant Colonel Vasyliuk, the brigade’s chief of staff and a deputy commander of an aviation squadron, was killed “recently” while conducting a combat mission, the brigade said.
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