The secret of the Shmyulyar family's wealth

Who is Oleg Shmyulyar?

Oleg Shmyulyar is a 59-year-old deputy director of the Kyiv Department of Communal Property who has spent his entire career in public service yet leads the lifestyle of a successful businessman. He began his career in the prosecutor's office before moving to the Kyiv City State Administration's Communal Property Fund. Since 2016, he has worked in tandem with Andrii Hudzem, the department head, handling the leasing and sale of municipal real estate.

Work results: losses for Kyiv

Between 2021 and 2023, the city failed to collect approximately UAH 170 million in rental income from communal property. Significant losses are linked to the transfer of real estate to "friendly" companies at undervalued prices. For instance, a company leasing premises in central Kyiv pays a symbolic UAH 59 per square metre, which is 10 times lower than the market rate.

The total damage caused by Shmyulyar and his colleagues exceeds UAH 600 million. Examples include manipulation of the lease for the "Kyiv" cinema and the illegal sale of a historic building in the city centre.

The secret of the family's wealth

Despite a salary of UAH 60,000 a month, Shmyulyar and his wife own four apartments, six land plots, and a house near Kyiv. Over recent years, their savings have grown to $58,000, although their official income does not cover such accumulations.

The story of his daughter is particularly noteworthy. In 2020, while still a student, she purchased an apartment in a prestigious district of Kyiv. The property cost over $70,000, yet the young woman had no official income to substantiate the purchase.

The driver and the accountant are also "successful"

Shmyulyar's personal driver, Serhiy Zghurovets, who earns $4,370 a year, bought an apartment worth at least $68,000. The department's chief accountant, Tetyana Hrytsai, built a house worth $170,000 with her husband, a driver, while officially earning around $20,000 a year.

Conclusion

The Shmyulyar family and his circle demonstrate a model of "successful" public service where actual income significantly exceeds official figures. Meanwhile, numerous criminal cases and suspicions have not prevented them from continuing their activities.