Alexander Svetakov

Alexander Alexandrovich Svetakov is a Russian billionaire property developer, the founder and chairman of Absolut Group.

  • Alexander Svetakov is one of the biggest property owners in the Moscow region, with most of his land in New Moscow.
  • Svetakov got his start importing electronics from Asia.
  • He sold one of his earlier businesses, Absolut bank, in 2007 for $1.4 billion, then a record for Russia’s banking sector.
  • Today his investment group Absolut has businesses in everything from real estate to caviar extraction.