Education: National Metallurgical Academy of Ukraine
Vice President at Fozzy Group. Sotnikov owns almost a quarter (23.2%) of Fozzy Group, one of the largest commercial and industrial groups in Ukraine.
Oleh Sotnikov started business with his classmates Volodymyr Kostelman and Roman Chihir in the early 1990s. Back then, the friends opened a small wholesale company selling chocolates and tea in Dnipropetrovsk.
Until 2009, he was the chairman of the supervisory board of Fozzy. Later, he remained in the supervisory board of the enterprise.
Novoe Vremia and Dragon Capital estimate Sotnikov's fortune at $127 million. In the annual rating Top 100 Richest Ukrainians, Sotnikov takes the 50th place.
According to the estimates of Focus magazine, the businessman’s fortune is $327 million.
In December 2015, the National Bank of Ukraine recognized Sotnikov as the owner of the bank with 11.5% shares. Exactly a year before that, Oleh was suing his own bank.
In December 2014, he tried to transfer million through Vostok Bank with payment orders of 0,000 to the account of EMINENS LIMITED opened in Baltic International Bank (Latvia). His transfer was rejected. Reason: since December 2014, the National Bank issued a resolution on 'resolving the situation in the monetary and foreign exchange markets of Ukraine' that prohibited the transfer of foreign currency.
The Kyiv regional court of Odessa took the Sotnikov's side and lifted the ban on transferring the money.
'The NBU decision was not registered by the Ministry of Justice in the state registry,' states in the registry of court decisions.
In addition, the holder of a license issued by the NBU was allowed to make investments abroad. Moreover, Sotnikov made money tranfer as an individual and the money transfer was not connected with his entrepreneurial activity.
The court recognized the operation as legal, and Vostok Bank was obliged to execute payment orders.
The Latvian Baltic International Bank, where Sotnikov transferred the money to, was involved into a scandal in 2018. Its co-owner is Valeri Belokon (Valērijs Belokoņs), born in 1960. In the past, he was a correspondent at the newspaper "Soviet Youth."
According to declassified archival documents, a person with the same name, date of birth, and place of work, has been a KGB agent with the pseudonym Myachikov since 1987.
The businessman does not provide information about his personal life.
Wife: Ksenia Novikova. Since 2018, she is a performer at the National Opera of Ukraine. On the stage, the ballerina performs the parts of Lady in Black, "Bolero" by M. Ravel, Mercedes in "Don Quixote" by L. Minkus, and a part of Lady Capulet in "Romeo and Juliet" by S. Prokofiev.
The couple has three children, two sons and a daughter. It is known that the eldest son is Maxim, and the youngest daughter is Teia.
Brother: Yevhen Sotnikov, born August 2, 1964. Business consultant, financial management expert, owner of the educational holding Logos. Logos includes several companies: Logos School, ESL, Logos Tour, Sotnikovgroup, Logos Tutoring Center, Planeta.