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Nikolai Tsvetkov

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Adapted from the English Wikipedia article Nikolai Tsvetkov, available under CC BY-SA 4.0Updated 11 August 2025
Nikolai Tsvetkov
Born (1960-05-12) May 12, 1960 (age 66)
Novobrattsevsky settlement, Moscow Oblast, Russia
OccupationBusinessman
Known forFounder and president of Nikoil Financial; Chairman of the Board of Directors for FC Uralsib

Nikolai Tsvetkov (Russian: Николай Цветков; born May 12, 1960) is a prominent Russian businessman, known as the founder and current president of Nikoil Financial. He also serves as the Chairman of the Board of Directors for FC Uralsib. In 2009, his estimated net worth was $1.8 billion, placing him at 397th among the wealthiest individuals worldwide.

Originating from the Novobrattsevsky settlement in Moscow Oblast, Tsvetkov completed his education at the Zhukovsky Air Force Engineering Academy in 1988. His military career included service as an officer stationed in Tambov, Moscow, and the Russian Far East, with active duty in Afghanistan. He attained the rank of lieutenant colonel before leaving military service. Subsequently, he established the brokerage company Brokinvest, which gained prominence by becoming the financial advisor to Lukoil, facilitated by offering co-ownership stakes to its president Vagit Alekperov. This venture capitalized effectively on Russia's voucher privatization during the mid-1990s.

In 2002, Tsvetkov diversified into the luxury goods sector by purchasing the Imperial Porcelain Factory for his wife, along with acquiring the French porcelain company Deshoulieres. Additionally, he initiated "Bio-Market," a retail chain specializing in organic food products across Russia.

Charity

Tsvetkov is the proprietor of the Victoria Charitable Foundation, which funded and completed the Victoria Children's Village in Armavir in 2014. This project for orphaned children was realized with an investment of 380 million rubles.

Family

His spouse, Galina Tsvetkova, holds shares in the Lomonosov Porcelain Factory. Together, they have two daughters named Victoria and Julia.

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