The Tereshchenko family were among the wealthiest sugar industrialists in the Russian Empire, their fortune built across the latter half of the 19th century through refineries concentrated in Left-Bank Ukraine. By 1900 the family controlled a significant share of imperial Russia's sugar output and had parlayed that wealth into banking, philanthropy, and eventually revolutionary-era politics — Mikhail Tereshchenko briefly served as Finance Minister in the Provisional Government of 1917 before fleeing into emigration after the Bolshevik seizure of power.
This issue belongs to Ukraine's long-running commemorative program honoring notable figures and dynasties tied to Ukrainian cultural and economic history. Mikhail Tereshchenko died in Monaco in 1956, never having returned to Ukraine.
The Tereshchenko family were among the wealthiest sugar industrialists in the Russian Empire, their fortune built across the latter half of the 19th century through refineries concentrated in Left-Bank Ukraine. By 1900 the family controlled a significant share of imperial Russia's sugar output and had parlayed that wealth into banking, philanthropy, and eventually revolutionary-era politics — Mikhail Tereshchenko briefly served as Finance Minister in the Provisional Government of 1917 before fleeing into emigration after the Bolshevik seizure of power.
This issue belongs to Ukraine's long-running commemorative program honoring notable figures and dynasties tied to Ukrainian cultural and economic history. Mikhail Tereshchenko died in Monaco in 1956, never having returned to Ukraine.