Hello everyone, my name is Viktor and I want to thank you for this thread and for WIKI A new, community-hosted Unreal Engine Wiki - Announcements and Releases - Unreal Engine Forums .
I succesfully build Unreal Engine 4.7.4 on Kubuntu 14.10 without any problems (only had to run ./Setup.sh twice) and almost (there is no starter content) everything is working as expected. I have small redraw issues but I can live with it.
Person who wrote WIKI should get raise and free Tacos for rest of his/her life, everything is described very clearly and it works.
So again, thank you 