Photo Illustration: Bloomberg; Getty Images (4)

The Rise of the East European Billionaires

Just a generation ago they didn’t even exist. Their rise—and sometimes fall—tells the story of a region’s transformation.

They own superyachts and a team in your favorite league. They mingle with movie stars and meddle in politics. They control vast amounts of wealth and, sometimes, their nation’s future.

Oligarchs, billionaires and business tycoons have come to represent eastern Europe as surely as the endless steppe, the concrete block flats or the proverbial Polish plumber.