Alexander Svetakov
Finance and Investments

Alexander Svetakov Net Worth

9 months ago

Alexander Svetakov was born in Moscow, Russia on February 15, 1968. He attended the Moscow Institute of Electronic Technology in the early 1990s, where he and his classmates ran a wholesale business importing home appliances and electronics from Singapore. After investing in banking, he sold Absolut Bank for nearly $1 billion. Since 2010, his holding company, Absolut Group, has invested in residential and commercial property development, trading and insurance.
Alexander Svetakov is a member of Finance and Investments

Age, Biography and Wiki

Birth Day February 15, 1968
Birth Place Moscow, Russia, Russia
Age 56 YEARS OLD
Birth Sign Pisces
Residence Moscow, Russia
Alma mater Moscow Institute of Electronic Technology
Occupation Founder and chairman, Absolut Group
Known for Banking, property development
Children 3

💰 Net worth: $2.1 Billion (2024)

Alexander Svetakov, a prominent figure in the world of finance and investments in Russia, is set to amass a staggering net worth of $2.1 billion by 2024. With his sharp business acumen and strategic investments, Svetakov has established himself as a formidable force in the industry. His success can be attributed to his ability to identify and capitalize on profitable ventures, making him a sought-after name in the financial circles. With his rising net worth, Alexander Svetakov continues to solidify his position as a powerhouse in the realm of finance in Russia.

2012 $1.7 Billion
2013 $2.8 Billion
2014 $3.1 Billion
2015 $3.1 Billion
2016 $2.9 Billion
2017 $3.3 Billion
2018 $3.25 Billion

Biography/Timeline

2007

Svetakov started importing electronics from Singapore, before investing in banking. He sold Absolut-bank in 2007 to a Belgian group for almost $1 billion. Since then, he has shifted to property development, and in 2013 was developing five projects in London and New York City.

Tags Living people Russian businesspeople Russian billionaires People from Moscow 1968 births

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.