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Oleg Boyko is a Russian businessman who has an estimated net worth of $1.24 billion as of April 2017 according to Forbes. He is the 69th richest person in Russia and the 1031st in the list of World Billionaires.

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Oleg Viktorovich Boyko was born on September 28, 1964, in Moscow, Russia. He is a graduate of the Moscow Aviation University with a degree in electronics and of the Russian National Academy of National Economy and Public Administration with a degree in economics. He started earning his estimated net worth of $1.4 billion when he opened the first stores with credit card readers in the 1990's in Moscow.

Mr. Boyko later diversified his company into imported fruit, traded food and electronics, and managed banks. However, most of the group’s assets were restructured and sold during the 1995 banking crisis. The returns on the sale were invested in the metallurgy. He then went to invest in real estate and retail.

Oleg Boyko owns the investment holding Finstar Financial Group. In 2012, he sold his 51% stake in the Rive Gauche chain, one of the biggest perfume and cosmetics sellers in Russia, to Dmitry Kostygin and August Meyers, the previous owners of the Lenta chain. Recently, he has investments in a company called 4finance which offers micro-loans in Eastern Europe and Scandinavia.

 

Earnings & Financial Data

Date

Category

Description

Amount

2016

Asset

Purchase value of Boyko's charter yacht

$20,000,000

2016

Asset

Purchase value of Boyko's Bombardier Global 5000 private jet

$50,000,000

2011

Sale of Asset

Estimated sale of his 51% stake in the Rive Gauche chain to Dmitry Kostygin and August Meyer

$140,000,000

2010

Asset

Acquired 75% of the Latvian microfinance company, 4finance.

$70,000,000

2003

Sale of Asset

Estimated amount sold his 20% stake in Evraz Holding

$600,000,000