All You Need to Know About Alexander Svetakov and his Yacht Cloudbreak -
Who is Alexander Svetakov? He is the owner of the yacht Cloudbreak and founder of the Absolut Investment Group.
The Absolute Investment Group was founded by Russian businessman Alexander Svetakov in 1990. Absolut is a multi-
Investments include the NorthEast Company (caviar) and Absolute Insurance. His real estate development company is one of the largest landowners in the Moscow region. He is also active in the casino business and Svetakov is investor in the Russian lifestyle and travel magazine L’Officiel Voyage.
Svetakov is also the founder of the Absolut Bank. He sold the bank in 2007 to KBC for US$ 1 billion. In 2012 KBC sold Absolut for US$ 0,3 billion to a group of Russian investors.
According to Forbes, Alexander Svetakov has a net worth of US$ 3.1 billion. He is an active philanthropist through his Absolut Help Foundation.
Svetakov owns two private jets: A Bombardier Global 5000 with registration OE-
The superyacht Cloudbreak is built by Abeking & Rasmussen and was delivered in 2016. The yacht is designed by Espen Oeino, while Christian Liaigre is responsible for her interior. Cloudbreak can reach a top speed of 15 knots. She is named after the Fijian surfing reef, as surfing is one of her owners passions. Cloudbreak is available for charter through SuperYachtsMonaco.