1. Oleg Yuryevich Tinkov is a Russian-born former billionaire, entrepreneur and businessman.
44 Facts About Oleg Tinkov
1. 2.
Oleg Tinkov was the founder and chairman of the Tinkoff Bank board of directors.
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Oleg Tinkov was indicted by a US grand jury in September 2019 for willfully filing false tax returns and attempting to evade over $240 million in taxes while renouncing his US citizenship.
4.
Oleg Tinkov was arrested in London in February 2020 but fought extradition based on a new diagnosis of leukemia making him too unwell to travel.
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Oleg Tinkov eventually pleaded guilty and was sentenced to pay over $508 million in unpaid taxes, fines and a fraud penalty, as well as time served and a year's supervised release.
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Oleg Tinkov was born in the village Polysayevo, Leninsk-Kuznetsk district of the Kemerovo Oblast in Russian family of a miner and a seamstress.
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Oleg Tinkov won in a number of competitions, and in 1984 received the title of a candidate in master of sports.
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In 1988, Oleg Tinkov entered the Mining Institute university, which had a large number of foreign students and offered promising opportunities in trade.
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Oleg Tinkov traded in jeans, cosmetics and perfumery, caviar and vodka.
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Oleg Tinkov sold goods from St Petersburg to customers in Siberia, and from there he brought Japanese household appliances purchased from the miners.
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Oleg Tinkov brought electrical appliances to Poland and returned with office equipment and supplies, gas cartridges and guns.
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Oleg Tinkov met an Estonian, Rina Vosman, while studying at university.
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In 1992, Oleg Tinkov began to trade in wholesale electronics from Singapore.
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Oleg Tinkov started with calculators and went on to office equipment, televisions, VCRs and even artificial flowers and trees.
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Success in retail inspired Oleg Tinkov to combine the shops under one name.
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In 1997 Oleg Tinkov sold the company to its management, and a year later it was acquired by Simteks.
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Oleg Tinkov came out of Technoshock with $7 million and invested the sum in the pelmeni business.
18.
Together with Ilya Bortnyuk, Oleg Tinkov launched the Shock Records record label.
19.
On November 18,2005, on Necker Island, owned by billionaire Richard Branson, Oleg Tinkov presented a draft or his proposal for a future bank.
20.
The IPO of the bank was listed as one of the largest deals in the 2013 Russian version of Forbes; Oleg Tinkov doubled his fortune and took position 1210 in the world ranking of billionaires.
21.
On 14 October 2013, TCS had its IPO and several days later Oleg Tinkov renounced his United States citizenship.
22.
Oleg Tinkov announced his intention to spend part of this money to create a fund for the study of leukemia.
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Oleg Tinkov lost the majority of his net worth, retaining under $1 billion.
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Oleg Tinkov is passionate about road cycling and has the title of candidate in master of sports of the USSR.
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Oleg Tinkov takes part in training alongside the team's athletes and travels to competitions.
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Oleg Tinkov has repeatedly criticized the bureaucratization of professional cycling and its "outdated" sponsorship model.
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In September 2015 Oleg Tinkov announced that he would invest 250 million rubles in the construction of a hotel and recreational complex in the Elizovo district on Kamchatka, where he often stayed.
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Oleg Tinkov is one of many Russian oligarchs named in the Countering America's Adversaries Through Sanctions Act, CAATSA, signed into law by President Donald Trump in 2017.
29.
From 2007 to 2010, Oleg Tinkov was a columnist for Finance magazine.
30.
Since 2010, the chief editor of the magazine Oleg Tinkov Anisimov went on to work at Tinkoff Bank and worked with him on the TV show Business secrets with Oleg Tinkov Tinkoff at the online channel Russia.
31.
Oleg Tinkov wrote two books summarizing his entrepreneurial experience: "I am like everyone" which was published in 2010 and "How to become a businessman", published a year later.
32.
Shortly after its release, on August 28,2017, Oleg Tinkov filed a lawsuit with the Kemerovo District Court for the protection of honor, dignity and business reputation.
33.
In May 2022, Russian businessman Oleg Deripaska filed a lawsuit against Tinkov.
34.
On February 27,2020, Tinkoff Credit Systems Group Holding PLC announced that Oleg Tinkov was attending court hearings initiated in London by the US Internal Revenue Service.
35.
The indictment alleged that Oleg Tinkov concealed $1 billion in assets and income when renouncing his US citizenship.
36.
In October 2021, Oleg Tinkov settled tax claims on the premise of paying at least 506.8 million dollars, including 248.5 million dollars of unpaid taxes, without going to jail, according to US Department of Justice.
37.
On March 6,2020, the day after the indictment was unsealed, Oleg Tinkov announced he was fighting acute leukemia that had been diagnosed in October 2019.
38.
On December 18,2020, Oleg Tinkov reported that his last analysis after a bone marrow transplant showed complete remission from cancer "at the molecular level".
39.
Oleg Tinkov visited the donor who saved his life, he could not hold back tears and even knelt in front of the woman.
40.
In December 2020 Oleg Tinkov announced that he and his family are planning to establish a charity fund to help leukemia sufferers.
41.
Oleg Tinkov invested more than $200 mln of his own money to the Fund.
42.
Oleg Tinkov has been critical of Vladimir Putin, in particular with regard to the 2022 Russian invasion of Ukraine.
43.
Oleg Tinkov had instructed lawyers to begin the process of removing his name from Tinkoff bank.
44.
Forbes and Forbes Russia do not consider Oleg Tinkov to be an oligarch, despite him having been sanctioned: "Tinkov is not an oligarch because he built an independent fortune without ties to the Russian government under either Boris Yeltsin or Vladimir Putin".