In 1970, Rabinovich graduated from Kharkiv Secondary School 45 and entered the Kharkiv National Automobile and Highway University. From 1973 to 1975, he performed mandatory military service in the Soviet Army's Air Defense Army. After leaving the army, Rabinovich was a foreman in the repair and construction department of the Kharkiv City Council. On January 20, 1980, arrested for embezzlement of state funds in especially big amount. Released after a nine-month investigation. In 1980-1982 heads wooden door production workshops. Early in 1982 arrested for embezzlement of state fund in especially big amount. On February 10, 1984, sentenced to 14 years in forced-labor camp by the Kharkiv regional court. Assets confiscated and professional activity prohibited for 5 years. Then in the camp Rabinovych was enrolled in the KGB, nickname Zholud. In early 1986, he began operating a business. Being released Rabinovych along with Andrii Alioshyn establishes the Pinta firm engaged in trading in metal. In fall 1993, Rabinovych appointed as Ukrainian representative of Austrian-based Nordex company. Reputation of Nordex president and a USSR descent and Russian mafia baron Grigory Luchansky affects image of Rabinovych. In the early 1990s Rabinovich was stripped of his Ukrainian citizenship and made the aliyah to Israel. In the late 1990s Rabinovich returned to Ukraine. A naturalized Israeli citizen, Rabinovich maintains homes in Ukraine and Israel. Rabinovich had his visa to the United States revoked in 1995, reportedly due to his links to arms dealers. In 1997 Rabinovich founded the 1+1 TV channel with Alexander Rodnyansky and Boris Fuksman. In 1996, he was appointed chairman of the Israeli-Ukrainian Chamber of Commerce. From 1997 to 2009, Rabinovich was president of the Stolichnye Novosti publishing company. Rabinovich created and led the All-Ukrainian Jewish Congress in 1997. He dissolved the organization in April 1999 and created the United Jewish Community of Ukraine, which elected him its leader. In 2008, Rabinovich acquired the NewsOneTV channel. He also donated over to the restoration of the Hurva Synagogue. According to some Jewish leaders, the businessman is trying to buy positive publicity to make up for the negative publicity generated by his financial and political activities. Rabinovich donated funds to help finance the reconstruction of Jerusalem's Old City Hurva Synagogue in a square named after him. Councilwoman Rachel Azaria petitioned the Supreme Court of Israel to rescind the naming of the square, saying that Rabinovich was mistakenly though to be deceased. The high court agreed, revoking the naming of the square; Israeli law forbids the naming of streets and public venues in Jerusalem after living people. Rabinovich supports Jewish charitable organisations, and is a benefactor of the golden menorah in Jerusalem's Temple Institute. On June 24, 1999, the Security Service of Ukraine bans Rabinovych from entering Ukraine for the period of 5 years. According to the SBU press service, the decision is taken as Rabinovych's activity causes considerable damage to the economy of Ukraine. Later media report that the SBU decision is related to the fact that Rabinovych leaks information about the sale of ammunition by Ukraine to Yugoslavia despite then effective international embargo. In 1999, Rabinovych naturalizes in the State of Israel. With help from Rabinovich, a monument to victims of terrorism was dedicated in Kiev by Ukrainian President Viktor Yushchenko, US Ambassador John E. Herbst and Russian AmbassadorViktor Chernomyrdin on 11 September 2005. Since 1997 he has been president of the All-Ukrainian Jewish Congress. In 2001, Rabinovich became head of the Step Towards Unity Forum of Christians and Jews and co-chair of the European Jewish Parliament. From 2007 to 2013, he was a president of the Arsenal Kiev football club. In March 2013 Rabinovich survived an apparent attempt on his life in Kiev; an explosive device was hurled into Rabinovich’s car near Klovska metro station. On 25 March 2014, Rabinovich registered with the Central Election Commission as a self-nominated candidate for the presidency of Ukraine. In the 2014 presidential election received 2.25 percent of the overall vote, with his best showing in Dnipropetrovsk and the Zaporizhia, Mykolaiv and Odessa regions. Rabinovich was elected to Parliament that year, after placing fourth on the Opposition Bloc electoral list. In July 2016, Rabinovich suspended his membership with the party and together with ex-Opposition Bloc member Yevhen Murayev created the political party For life. though he did not leave the Opposition Bloc faction in order not to lose his MP mandate. On 15 November 2018 Rabinovich announced he would not take part in the 2019 presidential election; but that he would top his party's For life list in the following 2019 Ukrainian parliamentary elections.
Personal life
Vadim Rabinovich is married to Irina Rabinovich and has three children: son Oleh, daughter Katerina, and son Jacob.
Media holdings
Rabinovich founded Media International Group, which included the Stolichnye Novosti publishing company, the MIGnovosti and MIGnews newspapers in Ukraine and Israel, respectively, and the Delovaya Nedelya business weekly, in 2000. MIG later purchased Novoe Russkoe Slovo, the Narodnaia Volna radio station, the CN-Stolichnye Novosti political weekly and the Stolichka daily newspaper. Rabinovich co-owned Jewish News One from 2011 until its closure in 2014.
2014 presidential campaign
On 28 March 2014, the Kyiv Post reported that Rabinovich had registered as a self-nominated candidate for the 2014 Ukrainian presidential election. This was partly to counter the characterization of the new Ukrainian government as anti-Semitic. After registering, Rabinovich said: "I want to destroy the myth about an anti-Semitic Ukraine which is spreading around the world. Probably I'm the most fortunate candidate. Today unification is needed, and I'm a unifying candidate. I have no maniacal thirst for power, I just want to help the country". In the election, he received 2.25 percent of the vote.
Political stance
Rabinovich stands for a non-aligned status of Ukraine, administrative reform and deep decentralization with maximum powers to the regional administrations. Although he, according to OPORA monitoring, never votes for bills in support of decentralization in Ukraine. Rabinovich stated that these bills in support of decentralization do not correspond to the concept of decentralization, so he did not vote for them. Rabinovich instead proposed to hold a referendum on the issue of abolishing the office of President of Ukraine, a new Constitution, including federalization, which he does not want to be named federalization "because that word makes people nervous."