Nikolai Tsvetkov is a Russia

Russia

Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

n oligarch

Business oligarch

Business oligarch is a near-synonym of the term "business magnate", borrowed by the English speaking and western media from post-Soviet parlance to describe the huge, fast-acquired wealth of some businessmen of the former Soviet republics during the privatization in Russia and other post-Soviet...

, the founder and president of Nikoil Financial. , with a wealth of $1.8 billion, he is the world's 397th-richest person.

He is a graduate of the Zhukovsky Air Force Engineering Academy. As an army officer, he served in Tambov, Moscow, and Russia's far east and fought in Afghanistan. Tsvetkov attained the rank of lieutenant colonel, before he retired, founding the brokerage firm Brokinvest. His obscure company became the investment and financial adviser to Lukoil

LUKoil

Lukoil/LUKoil ; ) is Russia's second largest oil company and its second largest producer of oil. In 2009, the company produced 97.615 million tons of oil; ....

 (then a state-controlled concern) by offering a co-ownership to its president Vagit Alekperov

Vagit Alekperov

Vagit Alekperov ; is an Azerbaijani businessman and currently a President of the leading Russian oil company LUKOIL.He is currently rated by Forbes magazine as the eighth richest person in Russia with $13.9 billion of net worth and the 50th richest person in the world.-Biography:He was born in...

, and profited immensely from the voucher privatization scheme of Russia's state-owned companies in the mid-1990s.

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