Alexander Svetakov

About Alexander Svetakov

Birth Day: February 15, 1968
Birth Place: Moscow, Russia, Russia
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

Alexander Svetakov Net Worth

Alexander Svetakov was bornon February 15, 1968 in Moscow, Russia, Russia. Alexander Svetakov's holding company, Absolut Group, has interests in real estate, trading and insurance. As a student at the Moscow Institute of Electronic Technology in the early 1990s, he and his classmates ran a wholesale business, importing home appliances and electronics from Singapore. Later he invested in banking, and eventually sold Absolut Bank for nearly $1 billion. Since 2010, Absolut Group has invested in residential and commercial property development.
Alexander Svetakov is a member of Finance and Investments

💰 Net worth: $3.1 Billion (Updated at 22 June 2018)

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.