Portrait of Alexander Savelyev & family

Rank #2689

Alexander Savelyev & family

Net worth $1.5B

banking · Russia

Born
Mar 21, 1954
Age
72
Source
banking
Residence
Saint Petersburg
Citizenship
Russia
Marital status
Married
Children
1
Education
Master, Kazan State Technical University

Net worth over time

Biography

  • Alexander Savelyev is the controlling shareholder Bank of Saint Petersburg, which is among the 20 largest banks in Russia.
  • He was named CEO of the bank in 2001 and now owns about 27%, while his daughter and top managers control another 28%.
  • In 2022, while most Russian banks suffered losses, Bank of Saint Petersburg remained profitable.
  • Prior to entering the banking industry, Savelyev worked in several transport enterprises during the 1980s and 1990s.
  • The Bank of Saint Petersburg was sanctioned by U.S. Department of Treasury in 2023.
  • Russian president Vladimir Putin owns 230 shares of Bank of Saint Petersburg, according to his tax statement.