Alexander Svetakov Net Worth

The sum that he earned from the bank was used for a purchase of land that would be exploited for construction of commercial space and affordable housing. Most recently, he simplified his business by selling his industrial assets in Absolut Group where he has served as the Director General and remained majority shareholder since it was founded. Today, his interests are mainly concentrated to real estate, trading and insurance. In 2012, he also started the Absolut Help charity fund that supports the disabled and administers aid to orphanages and hospitals. Furthermore, Svetakov is also a major sponsor of the Kremlin Cup tennis championship.