Biography of Gleb Fetisov: A Trailblazer in Finance
Biography of Gleb Fetisov: A Trailblazer in Finance
Rising Fortunes & Global Wealth
According to Forbes, Gleb Fetisov’s current net worth is
about US$1.3 billion (mid-2025). Other
sources corroborate similar figures, often in the range of US$1.25-$1.30
billion. He sold his major business
holdings in 2014 (including a telecom stake) for roughly US$1.4 billion in
cash, which was followed by legal and financial challenges.
Biography of Gleb Fetisov:Trailblazer in Finance#billionaire, investor, film producer with twice Oscar-nominated movie productions, philanthropist
Early Life, Education & Citizenship
- Fetisov
was born on 5 June 1966 in Russia.
- He
holds a PhD in Economics from Moscow State University, and has also
attended programs connected with the World Bank.
- In June
2022, he acquired Cyprus citizenship. He now resides in
Limassol, Cyprus.
Business, Investment & Legal Journey
- His
wealth was built through broad investment activity, especially during his
time with Alfa Group and in telecom, plus ownership stakes he later sold.
- After
selling his business interests in 2014, Fetisov was arrested in Russia on
allegations related to the bankruptcy of My Bank. He later paid
hundreds of millions to creditors, was released, and the legal disputes
have been complex.
Film Production & Creative Works
- Fetisov
is a film producer and founder of Fetisoff Illusion Europe (Cyprus)
and Fetisoff Illusion LLC (USA).
- His
notable films include Loveless (2017) — which won awards and was
nominated for an Oscar, Sobibor (2018), The Piper (2022),
and Long Day’s Journey into Night, starring Jessica Lange, Ed
Harris and Ben Foster (released / due 2024-2025).
Academia, Politics & Public Service
- He
has been a professor in economics and finance.
- In
his political career, he served on the Federation Council for the Voronezh
Region from 2001-2009, and was Chair of the Green Alliance party
from 2012-2015.
Current Endeavours & Public Roles
- Since
relocating to Cyprus, Fetisov continues to engage in film and
creative-industry projects.
- Recently
(early 2025), he and his partners signed an agreement with the Council of
Fashion Designers of America (CFDA) to organize events tied to New York
Fashion Week, expanding his scope toward fashion and entertainment
crossover projects.
Key Differences from Older Narratives
- Older
reports of a drop in net worth from ~$3.9 billion to ~$1.14 billion are
less consistent with recent estimates; most current sources place him
nearer to US$1.25-1.3 billion.
- Citizenship
status changed: no longer holding Russian citizenship, now a citizen of
Cyprus.
Concluding Outlook
Gleb Fetisov remains a multifaceted figure—a wealthy investor, prominent producer in international cinema, academic, and former politician—currently based in Cyprus. His legal and investment past is complex, but his trajectory in film production and creative ventures continues upward, and his net worth has stabilized in the range of US$1.25-1.3 billion.
