Nikolai Tsvetkov Net Worth is$2.6 Billion
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Date of Birth: 1959
Nikolai Tsvetkov Net Worth: Nikolai Tsvetkov is a Russian business magnate who has a net worth of $2.6 billion. Born Nikolai Aleksandrovich Tsvetkov on 12 May 1960, he earned his net worth as the founder and Chairman of Financial Corporation Uralsib, a company interested in insurance, investment, asset management, leasing and banking. A graduate of the Zhukovsky Air Force Engineering Academy, he was an army officer, who served in the Far East and Afghanistan. After his retirement from the army, in 1993, Tsvetkov launched Nikoil Financial, a petroleum investment company. Several years later, the former lieutenant colonel became financial advisor and investor in Lukoil, a petroleum company of his friend, Leonid Fedun, ex-military officer, and Vagit Alekperov, and soon, for his financial services, he was rewarded with a great amount of shares in Lukoil. Later, he renamed his company Nikoil Financial into Financial Corporation Uralsib. In 2010, Tsvetkov sold his supermarket chain Kopeyka for $1.1 billion to X5 Group, and since then, he has founded a chain of companies that make organic food. Furthermore, he owns Lomonosov Porcelain, which he returned his first name, Imperial Porcelain Manufacture.
Nikolai Tsvetkov (born 1960) is a Russian oligarch, the founder and president of Nikoil Financial. As of 2009[update], with a wealth of $1.8 billion, he is the world's 397th-richest person.
He is a graduate of the Zhukovsky Air Force Engineering Academy. As an army officer, he served in Tambov, Moscow, and Russia's far east and fought in Afghanistan. Tsvetkov attained the rank of lieutenant colonel, before he retired, founding the brokerage firm Brokinvest. His obscure company became the investment and financial adviser to Lukoil (then a state-controlled concern) by offering a co-ownership to its president Vagit Alekperov, and profited immensely from the voucher privatization scheme of Russia's state-owned companies in the mid-1990s.

Nikolai Tsvetkov Latest News

Russia’s Uralsib brought down to earth as bank puts UK unit up for sale

Russian bank Uralsib has put its London business up for sale and is retrenching some brokerage operations in Moscow, effectively uprooting the mysticism-laden legacy of its billionaire founder Nikolai Tsvetkov, bne IntelliNews can exclusively report.
Posted: October 25, 2016, 7:03 am

Going underground: Moscow renovates its subterranean world of kiosks

After a year of major renovations, the city has installed 459 purpose-built kiosks, all of them registered with the mayor's office, says Nikolai Tsvetkov who is in charge of the city's underpasses. "The working conditions (for traders) have got more ...
Posted: December 11, 2015, 4:16 am

UPDATE 3-Russian tycoon Kogan takes 82 pct of Uralsib Bank in rescue

Forbes estimates that Kogan is worth almost $1 billion. He agreed the 82 percent stake purchase with Uralsib shareholder Nikolai Tsvetkov, who will retain a minority stake in the bank, Uralsib said on Wednesday. Uralsib's press service told Reuters on ...
Posted: November 4, 2015, 1:50 am
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