Mr. Pinchuk received a degree in metal forming from the Dnipropetrovs'k Metallurgical Institute and earned a PhD in new technological schemes of pipe production. He founded the Interpipe company in 1990 on the basis of implementation of patented innovations, successfully adopted by leading metallurgical factories in the USSR. In 2004, Interpipe became the first Ukrainian company member of the World Economic Forum.
Mr. Pinchuk served as a Member of Parliament (1998–2006) but left politics since he believes Ukraine has reached a level of development when business and politics should be separated. For more than ten years he has been developing and supporting a number of philanthropic projects in Ukraine, and in 2006, he consolidated these activities under the Victor Pinchuk Foundation, currently the largest private Ukrainian philanthropic foundation.
Its projects include the creation of a network of modern neonatal centres throughout Ukraine, cooperation programs with the Clinton HIV/AIDS Initiative, the Elton John AIDS Foundation and the ANTIAIDS Foundation of his wife Elena Franchuk, the creation of the Kyiv School of Economics, cooperation with the Aspen Institute, the opening of the first large scale contemporary art centre in Ukraine PinchukArtCentre, the production and promotion of a film with Steven Spielberg on the Holocaust in Ukraine, human rights projects with George Soros and support of local Jewish communities.
In 2004, he created the Yalta European Strategy (YES). Its annual summer meeting in Yalta has become the main high-level Ukraine-EU forum for debate and policy recommendations development. Mr. Pinchuk serves as a member of the Board of the International Crisis Group (ICG), a member of the Board of the Peterson Institute for International Economics, a member of the International Advisory Council of Brookings Institution and a member of the Corporate Advisory Board of the Global Business Coalition against HIV/AIDS.