Who is Alexander Svetakov?
He is the founder of the Absolut Investment Group. He was born in 1968. He was married with Yulia Svetakova. They have 3 children (we found an Anna and an Ivan). Svetakov is the owner of the yacht Cloudbreak.
Absolute Investment Group
The Absolute Investment Group was founded by Russian businessman Svetakov in 1990.
Absolut is a multi-dimensional investment group. Employing 5,000 people and focusing on real estate development and management.
It is also active in wholesale electronics, telecommunication services, insurance, asset management, food & beverages and agricultural industries.
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 he 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.
Alexander Svetakov Net Worth
According to Forbes, his net worth is US$ 2 billion. He is an active philanthropist through his Absolut Help Foundation.