| Name: | Alexander Svetakov |
| Net Worth: | $ 2 billion |
| Source of Wealth: | Company |
| Born: | Month 9, 1953 |
| Age: | |
| Country: | Russia USA UK |
| Wife: | Name |
| Children: | Anna Svetakova, Ivan Svetakov, 2 more |
| Residence: | Barvikha, Moscow, Russia |
| Private Jet: | Gulfstream G650 (9H-CAA) |
| Yacht | Cloudbreak |
Hailing from the industrial landscapes of Russia, Alexander Svetakov has made a name for himself as a seasoned entrepreneur and the founder of the illustrious Absolut Investment Group. Born in 1968, Svetakov, married to Yulia Svetakova, shares his life with their three children, Anna and Ivan being among them. Notably, Svetakov is the proud owner of the luxurious yacht, Cloudbreak.
Established in 1990, the Absolute Investment Group represents Svetakov’s entrepreneurial prowess and strategic vision. The investment conglomerate employs over 5,000 people, operating in diverse sectors, with a significant focus on real estate development and management. Besides, it also holds interests in wholesale electronics, telecommunication services, insurance, asset management, food & beverages, and agricultural industries.
Over the years, Svetakov has invested in a variety of businesses, further solidifying his financial empire. Some of his significant investments include the NorthEast Company, a major player in the caviar industry, and Absolute Insurance. His real estate development company stands as one of the largest landowners in the Moscow region. Apart from these, Svetakov’s interests span across the casino business and media, with investments in the Russian lifestyle and travel magazine L’Officiel Voyage.
Svetakov is also recognized as the founder of Absolut Bank. In a profitable venture, he sold the bank in 2007 to KBC for an impressive sum of US$ 1 billion. Five years later, KBC sold Absolut to a group of Russian investors for US$ 0.3 billion.
As per Forbes, Svetakov’s net worth is an astounding US$ 2 billion. Besides his myriad business ventures, Svetakov is also known for his philanthropic initiatives through the Absolut Help Foundation.
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Svetakov has a mansion in Barvikha, near Moscow. And he owns a residence in London, and we think he also has a house in Florida. But unfortunately, we have not yet been able to identify his homes. These are sample photos of billionaire residences. Do you know more about his house? Please do send us a message.
Barvikha, located near Moscow, has increasingly become a favored residence among Russian billionaires due to its unique combination of opulence, privacy, and proximity to the capital. This affluent village in Russia’s Odintsovo District is best known for its lavish mansions and estates, which cater to the ultra-rich seeking exclusive living spaces.
The property prices in Barvikha are among the highest in Russia, often surpassing even those in Moscow’s most expensive neighborhoods. This high-value real estate market is buoyed by the high demand among billionaires who appreciate the secluded, private nature of the village and its luxurious amenities.
The residences here are often sprawling estates with private forests, cutting-edge security systems, and features such as helipads and extensive art collections. Many properties also come with a full complement of staff, ranging from chefs and butlers to security personnel, to cater to the every whim of their owners.
Barvikha’s allure extends beyond its luxury homes. The village is home to high-end boutiques, gourmet restaurants, and exclusive clubs, giving residents access to a lifestyle of unparalleled luxury without needing to venture into Moscow.
In addition, Barvikha’s location close to Moscow allows billionaires quick access to the city’s financial and political hub. Thus, living in Barvikha offers the perfect blend of exclusivity, luxury, and convenience, making it the go-to residential area for Russia’s richest.
He is owner of the yacht Cloudbreak.
The Cloudbreak Yacht is a luxury vessel built by Abeking & Rasmussen and delivered in 2016.
The yacht’s design is the work of Espen Oeino, with an exquisite interior by Christian Liaigre.
Powered by a pair of Caterpillar marine engines, the yacht can reach a top speed of 15 knots.
Named after a Fijian surfing reef, the yacht reflects the adventurous spirit of its owner.
Svetakov owns a Gulfstream G650 business jet, with registration 9H-CAA. Before that he owned two private jets. A Bombardier Global 5000 with registration OE-
All jets have the same colors as his Absolut Insurance logo. He also owns a Bell 429 helicopter, with registration VP-
The Gulfstream G650 is a luxurious, long-range business jet produced by Gulfstream Aerospace. The G650 was first introduced in 2008 and quickly became one of the most sought-after business jets in the world due to its impressive range, speed, and spacious cabin. The G650 has a maximum range of over 7,000 nautical miles, making it capable of flying non-stop from locations such as New York to Hong Kong.
One of the standout features of the G650 is its cabin, which is both spacious and luxurious. With a height of over 6 feet and a width of over 7 feet, the cabin offers ample space for passengers to work, relax, and entertain. The cabin also features a variety of customizable features, including seating arrangements, lighting, and entertainment systems.
In addition to its impressive range and cabin, the G650 is also known for its high cruising speeds. The aircraft is capable of reaching speeds of up to Mach 0.925, making it one of the fastest business jets on the market. This speed, combined with its range, allows the G650 to cover large distances quickly and efficiently.
The last known list price of the Gulfstream G650 was approximately $75 million. This high cost reflects the advanced technology, spacious cabin, and impressive performance capabilities of the aircraft. Despite its high price, the G650 remains a popular choice for those who value speed, range, and comfort in their business jets.
The Gulfstream G650 is a top-of-the-line business jet that offers impressive range, speed, and comfort. Its luxurious cabin and high-performance capabilities make it a popular choice for those who demand the best in their business aviation needs. With a last known list price of $75 million, the G650 is a significant investment, but for those who can afford it, the aircraft provides a unique and unparalleled flying experience.
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Super Yacht Owners Database 2025
