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Inherited wealth is a part of the world’s financial reality, as bulging bank accounts and the advantages that wealth brings are passed from generation to generation. But in Ukraine, it is a relatively new phenomenon.

The nation’s next generation of financial elite, the sons and daughters of current billionaires, are growing up. The names of Ukraine’s richest heirs are only starting to emerge in the public limelight. But they could become household names before long -- similar to the way their fathers’ names emerged a decade ago after the shady privatizations of the 1990s.

Assuming their parents don’t blow their entire fortunes on luxuries and bad investments, the following list represents the potentially top 20 richest kids of Ukraine, according to Korrespondent magazine, a Russian-language sister publication of the Kyiv Post.

What they do with their wealth will affect the nation as well. Will they invest in projects that help raise everyone’s standard of living? Or will they acquire yachts and mistresses on the southern coast of France?

The future inheritances were derived by splitting the father’s estimated fortune equally among his known children. And these estimates are derived from estimates themselves, taken from Korrespondent’s latest annual ranking of the top 50 richest people in Ukraine