Tariel Vasadze

(1947-)

Ukrainian businessman and politician

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Tariel Shakrovych Vasadze (Ukrainian: Таріел Шакрович Васадзе) (born October 15, 1947) is a Ukrainian businessman of Georgian descent, chairman and main shareholder of the UkrAVTO JSC and UkrAVTO Group. He was the chief executive of UkrAVTO since 1983, leading this once state-owned company through privatization and restructuring to a role of Ukraine's main automobile manufacturer, servicer and importer. Later Vasadze's business was diversified by entering the insurance market. His wealth was estimated in 2007 at being around US$ 780 million. But because car sales in Ukraine during 2009 fell by 72 percent his wealth was late 2010 estimated at US$230 million.