BillionaireNet
family
Alexander Savelyev & family
Rank #2740
RUSSIAfinance-investmentsbanking

Alexander Savelyev & family

Net Worth
$1.266B
0% (24h)
Alexander Savelyev, a prominent figure in Russian finance, is the controlling shareholder of Bank of Saint Petersburg. Born in 1953, he rose to become the CEO of the bank in 2001. His career began in transportation enterprises before transitioning to banking. With an estimated net worth of $1.3 billion as of December 2025, Savelyev's wealth stems from his strategic involvement in the banking sector. Under his leadership, Bank of Saint Petersburg has remained profitable, even during challenging economic times, solidifying his position as a key player in the Russian financial landscape.

The Full Dossier

Early Life and Career

Alexander Savelyev's career began in the transportation sector during the 1980s and 1990s. This early experience provided him with a foundation in business operations and management, skills that would later prove crucial in his transition to the banking industry.

Rise to Success

Savelyev's rise to prominence came with his move into banking. He was named CEO of the Bank of Saint Petersburg in 2001. Under his leadership, the bank has grown to become one of the top 20 banks in Russia. Savelyev's ownership stake, currently around 27%, alongside his family's and top managers' control of an additional 28%, underscores his significant influence over the bank's strategic direction. Notably, the Bank of Saint Petersburg remained profitable even during economic downturns, a testament to Savelyev's strategic acumen.

Key Business Strategies

Savelyev's success in the banking sector can be attributed to several key strategies. His focus on maintaining profitability, even during challenging times, has been critical. Additionally, his ability to navigate the complexities of the Russian financial system has enabled the bank to thrive. The bank's continued growth and stability demonstrate the effectiveness of his leadership approach.

Philanthropy

While specific details of Savelyev's philanthropic endeavors are not readily available in the search results, his overall involvement in the Russian financial sector suggests a commitment to corporate social responsibility, which often includes supporting various charitable causes within the community.

Career Timeline

2001

CEO of Bank of Saint Petersburg

Appointed CEO, leading the bank to become one of Russia's top 20.

Philanthropic Impact

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Wealth Trajectory