Nikolai Tsvetkov Net Worth

Nikolai Tsvetkov was born in Russia. Nikolai Tsvetkov chairs Financial Corporation Uralsib, one of Russia's largest financial holding companies, involved in banking, insurance, investment, leasing, and asset management. In 2010 he sold his Kopeyka supermarket chain to Russian food retailer X5 Group for $1.1 billion in cash, and he has created a network of companies that produce organic food. He was once a lieutenant colonel in the Russian Air Force. After he founded Nikoil, later renamed Uralsib, he helped fellow former military officer, billionaire Leonid Fedun, and his boss, billionaire Vagit Alekperov, gain a controlling stake in the company. For his services he was rewarded with a sizable stake in Lukoil, Russia's largest independent energy company, which is headed by Alekperov. He also owns the legendary Lomonosov Porcelain; he returned the company to its original name, Imperial Porcelain Manufacture. His charitable foundation, Victoria, has spent $10 million on foster care housing for orphans in the southwest city of Armavir. He is passionate about Eastern philosophy and yoga.
Nikolai Tsvetkov is a member of Finance

💰 Net worth: $1.25 Billion

2010 $3.2 Billion
2011 $5.3 Billion
2012 $3 Billion
2013 $2.6 Billion
2014 $1.8 Billion
2015 $1.25 Billion
2018 $1.25 Billion

Some Nikolai Tsvetkov images

Biography/Timeline

1990

He is a graduate of the Zhukovsky Air Force Engineering Academy. As an army officer, he served in Tambov, Moscow, and Russia's far east and fought in Afghanistan. Tsvetkov attained the rank of lieutenant colonel, before he retired, founding the brokerage firm Brokinvest. His obscure company became the investment and financial adviser to Lukoil (then a state-controlled concern) by offering a co-ownership to its President Vagit Alekperov, and profited immensely from the voucher privatization scheme of Russia's state-owned companies in the mid-1990s.