He had, in short, become part of the top-league of eastern oligarchs, despite his modest origins. With an estimated worth of $2.4 billion, he had climbed up to seventh place in the list of the country's richest people published by the Ukrainian magazine Korrespondent. He is not, however, mentioned in the list published by the Ukrainian edition of Forbes. Because the magazine had published several critical articles about his fairy-tale rise to riches and his friendship with Yanukovych's oldest son Alexander, Kurchenko simply bought the publication.
It was, however, a former journalist at his new paper who discovered 30 sacks in an underground garage in Kiev early last week. They contained shredded documents from Kurchenko's collection of companies. Prior to the discovery, VETEK employees had removed computers from the holding company's offices and destroyed their hard drives. The bags of shredded documents revealed contracts, legal proceedings and bank remittances, including the purchase of a motorboat for €2 million. Insiders have begun reporting about the wasteful and eccentric lifestyle led by the up-and-comer. The oligarch allegedly hired a celebrity chef from the West and paid him €100,000 for just one day's work. When Kurchenko didn't like what he was served, he fired the cook.
The oligarch was married, but also is said to have maintained a relationship with a Moscow television personality. He flew with his mistress across Europe in his private jet and they would meet for dinner in the Russian capital in a private section of Turandot, the famous gourmet restaurant.
His ties with Yanukovych were close right up until the end. Just two weeks ago, the National Bank of Ukraine propped up Kurchenko's Brokbusinessbank with a billion hryvnia, roughly equivalent to €84 million. The loan came at a time when Ukraine was facing bankruptcy.