Alexander Svetakov was bornon 15 February 1968 in Moscow, Russia, Russia. Alexander Svetakov is #701 in List Billionaires People In The World. Alexander Svetakov's holding company, Absolut Group, has interests in real estate, trading and insurance. As a student at the Moscow Institute of Electronic Technology in the early 1990s, he and his classmates ran a wholesale business, importing home appliances and electronics from Singapore. Later he invested in banking, and eventually sold Absolut Bank for nearly $1 billion. Since 2010, Absolut Group has invested in residential and commercial property development.
Since then, he has shifted to property development, and in 2013 was developing five projects in London and New York City
He sold Absolut-bank in 2007 to a Belgian group for almost $1 billion
Alexander Alexandrovich Svetakov (Russian: Александр Александрович Светаков; born 15 February 1968 in Moscow) is a Russian billionaire property developer, the founder and chairman of Absolut GroupAlexander Alexandrovich Svetakov was educated at the Moscow Institute of Electronic Technology