According to public data, Poroshenko's 2013 income of 52 million hryvnia (approximately $6.3 million) skyrocketed to 369 million hryvnia (over $17 million) in twelve months. The income has largely come from selling securities, dividends, interest and real estate.
The Roshen Confectionery Corporation is the crown jewel of Poroshenko's assets, which the politician promised to sell should he win the 2014 presidential election. The company is one of the largest confectionery corporations globally, with the Candy Industry Top 100 pacing it 18th three years ago.
Poroshenko secured 54.7 percent of the vote grabbing the victory in the first round held on May 25, 2014. One year on he still controls the majority of his assets, including Roshen. Hence, the impressive income.
Keep in mind that state officials are prohibited from owning a business under Ukraine's constitution.
Meanwhile, Roshen continues to thrive unlike the ever fragile national economy. In 2014, Roshen's profits increased nine-fold, while Ukrainia's GDP fell 15 percent, not to mention the $42.5 billion debt the country has to pay.
The hryvnia lost half of its value against the US dollar in the same time frame, which could partially account for the significant bump in Poroshenko's income if his accounts were in foreign currency. Forbes put Ukraine's president net worth at $1.3 billion.
