Ukraine received $400 million in aid from the IMF
Category
Economics
Publication date

Ukraine received $400 million in aid from the IMF

Denis Shmyhal
The IMF

Ukraine received another tranche of assistance from the International Monetary Fund (IMF). The amount of support amounted to $400 million.

Points of attention

  • Ukraine has received $400 million in aid from the IMF as part of the Extended Fund Facility (EFF) program.
  • Prime Minister Denys Shmyhal announced the successful seventh review of the program, leading to the receipt of funds from the IMF.
  • The total support to Ukraine from the IMF under the EFF program has now exceeded $10 billion.

The IMF has provided Ukraine with another tranche: what is known

This was announced by Prime Minister Denys Shmyhal.

As Shmyhal explained, the funds were received after the successful seventh review of the Extended Fund Facility (EFF) program.

This is the money we received after the successful seventh review of the EFF program. This brings the total IMF support under this initiative to over $10 billion.

Denys Shmyhal

Denys Shmyhal

Prime Minister of Ukraine

Total IMF support under the initiative has reached over $10 billion.

In February, Ukraine and the IMF agreed at staff level on the seventh review of the Extended Fund Facility (EFF) program. The new assistance was conditional on approval of the review by the IMF Executive Board.

Category
Economics
Publication date

Musk, Zuckerberg and Bezos lead the updated ranking of the world's billionaires

billionaires
Source:  Forbes

There are more billionaires in the world than ever before, with tech executives dominating the wealthiest people.

Points of attention

  • Tech executives like Musk, Zuckerberg, and Bezos are at the top of the world's billionaires list, with their fortunes driven by the success of companies like SpaceX, Meta, and Amazon.
  • New players such as Sundar Pichai and Vikram Punia have also entered the billionaire ranks, showcasing the diversity of wealth sources in the tech and pharmaceutical industries.
  • The ranking includes notable figures like Warren Buffett, Larry Page, Sergey Brin, and Amancio Ortega, highlighting the global reach of wealth accumulation.

There are 3,028 billionaires in the world

Elon Musk has reclaimed the top spot from French luxury titan Bernard Arnault, according to Forbes magazine. The Trump adviser's net worth has risen 75% to $342 billion. His wealth has grown thanks to SpaceX and his artificial intelligence company xAI, as well as Tesla's stock rally, despite a recent slump.

Second place is occupied by Meta founder Mark Zuckerberg with a fortune of $216 billion.

He is followed by Amazon founder Jeff Bezos with a fortune of $215 billion, and in fourth place is Larry Ellison, co-founder of computer technology company Oracle, with a fortune of $192 billion.

Arnault and his family, with a fortune of $178 billion, came in fifth place. They head LVMH, which owns brands such as Louis Vuitton and Moet Hennessy.

Next comes investor Warren Buffett with a fortune of $154 billion. Google founders Larry Page with a fortune of $144 billion and Sergey Brin, whose fortune is estimated at $138 billion, occupy seventh and eighth places.

Spaniard Amancio Ortega, founder of the Inditex fashion brand, which owns Zara and Bershka, ranked ninth with a fortune of $124 billion, while former Microsoft CEO Steve Ballmer ranked tenth with a fortune of $118 billion.

Among the newcomers is Sundar Pichai, the chief executive officer of Google parent company Alphabet. His net worth rose to $1.1 billion thanks to the rise in the value of his Google shares.

Another notable figure on the long list of billionaires is President Donald Trump, whose fortune has doubled to an estimated $5.1 billion since his company Truth Social went public and he sold his cryptocurrency token.

The ranking includes 15 Russian oligarchs, among whom the owner of the Alcor & Co group, Tatyana Volodina, was noticed. The company operates the L'Etoile and Podruzhka perfume and cosmetics store chains. Volodina's fortune is estimated at $1.1 billion.

The richest "newcomer" is Vikram Punia, the owner of the pharmaceutical company Pharmasynthes, whose fortune is estimated at $2.1 billion.

At the same time, the richest among Russian billionaires in 2025 was Lukoil co-owner Vagit Alekperov, whose fortune was estimated at $28.7 billion.

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