Oleg Boyko was born in Moscow in 1964. He was educated at the Moscow Aviation Institution, specialising in radio electronics, and subsequently gained a Master of Business Administration from the Russian Presidential Academy of National Economy and Public Administration. He worked at the Lomonosov Moscow State University between 1982 and 1986.
In 2002, Boyko founded Ritzio Entertainment Group, investing in casinos and Gaming, a Business that expanded across Russia and internationally. In 2010, Boyko became an investor in lottery businesses in Russia and Ukraine, including the national lottery to support the Sochi 2014 Winter Olympic Games. He has subsequently disposed of all his lottery interests.
In 2003, Finstar purchased a controlling stake in a Latvian commercial bank, Baltic Trust Bank. In 2006, Finstar sold its 79% stake to GE Capital, the banking and Finance arm of General Electric. In 2006 Boyko entered the real estate market through a new holding company, Finstroy. In 2004, Boyko sold his 20% stake in EvrazHolding for approximately $600 to $700 million prior to its listing on the London Stock Exchange.
Boyko founded the Parasport foundation in 2006, during the Paralympic Winter Games in Turin. The Foundation offers funding for Paralympic athletes to train and attend competitions and obtain physical and mental health care, and promotes equality for people with disabilities. Recently the Foundation became the official partner of the Russian Paralympic Committee, and has established a presence in Asia. In 2016, Boyko co-hosted its 10th anniversary celebration with an event in Moscow, attended by Paralympic Committee representatives from 25 countries. Since 2006 Boyko has also been the Head of the Paralympic Movement Development Committee of the Russian Paralympic Committee. He was appointed to the International Wheelchair & Amputee Sports Federation (IWAS) Development Committee as a member in October 2015 following the successful funding by Parasport of the 2015 IWAS Games in Sochi.
Boyko is involved in film production and served as a co-producer on Frank Miller’s Sin City: A Dame to Kill For in 2014, and is a co-producer in Scarlett Johansson’s forthcoming directorial debut for the film Summer Crossing, which is based on a Truman Capote novel.