About 15 years ago, “natural selection”-based oligarchic capitalism started being developed in Ukraine: oligarchs devoured small and medium businesses, as well as state-owned assets. As resources of primitive accumulation were going to be exhausted, oligarchs began to devour each other by means of administrative pressure, raider attacks, corrupt courts, trumped-up charges and, if necessary, murder. This process was quite similar to a fight of scorpions in a can.
After the 2014 coup, this “natural selection” fight sharply escalated. Such oligarchs as Dmitry Firtash fizzled out, whereas other oligarchs are still struggling to survive. For instance, Ukraine’s former oligarch n.1, Rinat Akhmetov, has been already eliminated from the world’s 100 richest people list: according to Bloomberg, he dropped from 88th to 121th place. Just last year, Akhmetov’s wealth decreased by 4.3 billion USD and dropped down to 9.6 billion USD.