Ukraine after the War: A billionaire sacrificed a round amount for country recovery
Since the creation of the investment fund in early March, Forrest has discussed a plan for investment in Ukraine with a number of world leaders, including US President Joe Baiden, Boris Johnson Prime Minister Boris Johnson and the President of the European Commission of Ursul Fon Der Lyen. Fund may be expected to reach from $ 25 billion to $ 100 billion. Fortescue founder, one of the largest mining companies in the world. According to Forbes, its capital is estimated at $ 17. 6 billion.
Its first mining company Anaconda Nickel (now called Minara Resources) was founded in 1994. It is considered the largest philanthropist in the history of Australia - in 2019, it sacrificed the country with 655 million Australian dollars for different purposes. Forrest is also a great investor in hydrogen technologies.
At the International Expert Conference on post -war restoration of Ukraine in Berlin, which took place in October 2022, President Volodymyr Zelenskyy said that urgent measures to rapid Ukraine after the war will cost about $ 17 billion. For this money, according to the leader of the state, you can repair hospitals, schools and important infrastructure. At the same time, the budget deficit of Ukraine will approach $ 28 billion next year.
The President considers this amount to be unbearable for Ukraine, but the resource can be taken from frozen Russian assets. "We need compensation, and it is fair. And so, we need a real, quick legitimate mechanism for directing Russian assets to compensate for damages from war," he said. It should be reminded that the Ukrainian authorities want to spend $ 750 billion in 10 years on the post -war restoration of the country. Of this amount, 30% should be private investment.