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The Pinchuks’ house in Kensington was bought for £80m and houses an art collection that includes work by Damien Hirst. Photograph: Richard Young / Rex Features |
Victor Pinchuk, who was reported last year to be bankrolling the former British prime minister's Faith Foundation and owns an £80m home in London, controls the Ukraine industrial pipe manufacturer Interpipe, which is struggling to repay creditors.
The financial crisis at his company comes as the tycoon has become a vocal supporter of the new Ukraine regime – despite his businesses deriving a significant chunk of their sales from Russia."
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