INTELLIGENCE · PERSON DOSSIER
UPDATED 2026-08-13Nik Storonsky
Founders & CEOs
Revolut · United Kingdom
Estimated net worth
$18.8bn
Source of wealth
Fintech, self-made
Estimated stake in Revolut
About 18%
Registered control band
More than 25% but not more than 50% of shares
Company valuation underpinning the stake
$115bn (July 2026 secondary share sale)
Identity & Ownership
Full name
Nikolay Storonsky
Registered at Companies House as Nikolay Storonskiy; Revolut's annual report lists him as 'Nikolay Storonsky (Nik)'. Publicly known as Nik Storonsky.
Current role
Group Chief Executive Officer and Co-Founder, Revolut
Named as Group CEO and Co-Founder of Revolut Group Holdings Ltd (company number 12743269) in the company information section of the 2025 annual report.
Date of birth
July 1984
Month and year only, as disclosed on the Companies House persons-with-significant-control register. Forbes gave his age as 42 in August 2026.
Nationality
British
Recorded as British on the Companies House PSC register for Revolut Group Holdings Ltd.
Former citizenship
Renounced Russian citizenship in 2022
Russia-born; gave up Russian citizenship in 2022 following Russia's invasion of Ukraine. Forbes reports he now holds British and French citizenship.
Country of residence (statutory record)
England
Country of residence as recorded on the Companies House PSC register for Revolut Group Holdings Ltd, correspondence address 30 South Colonnade, London E14 5HX.
Residence (Forbes)
Dubai, United Arab Emirates
Forbes lists his residence as Dubai. This sits alongside a Companies House record showing England; the discrepancy is documented in the coverage timeline below.
Family
Married, four children
Per the Forbes billionaires profile.
Board appointment dates
Director of Revolut Group Holdings Ltd since 15 July 2020
Also appointed to Revolut Ltd on 6 December 2013, Revolut Trading Ltd on 13 September 2018 and Revolut Technologies S.A. on 5 June 2019, per the board biography in the 2025 annual report.
Controlling party
Ultimate controlling party of Revolut Group Holdings Ltd
Note 35 of the 2025 consolidated financial statements: 'At 31 December 2025, Nik Storonsky is considered the ultimate controlling party. He is also registered as the only person with significant control at Companies House.'
Board committee
Member, Group Nominations Committee
The NomCo is chaired by Martin Gilbert; other members are Michael Sherwood and Nik Storonsky.
External directorships
None declared
His board biography in the 2025 annual report lists 'Current External Appointments: None'.
Personal Wealth & Holdings
Estimated net worth
$18.8bn
Forbes real-time estimate as at 12 August 2026, ranking him #144 in the world. Forbes estimates, not audited or disclosed figures.
Source of wealth
Fintech, self-made
Forbes classification; his wealth derives from his shareholding in Revolut.
Estimated stake in Revolut
About 18%
Forbes estimate. Forbes valued the stake at more than $7.9bn in reporting published in October 2025.
Registered control band
More than 25% but not more than 50% of shares
Nature of control recorded on the Companies House PSC register, alongside the right to appoint or remove directors. The register records a band, not an exact percentage, and does not reconcile directly with third-party stake estimates.
Company valuation underpinning the stake
$115bn (July 2026 secondary share sale)
Bloomberg reported Revolut confirmed a $115bn valuation in a secondary share sale in July 2026, up from the $75bn established in the 2025 fundraising process. Secondary sales are existing shares changing hands, not new capital raised.
Background
MS and BS in Applied Physics and Mathematics, Moscow Institute of Physics and Technology
As stated in his board biography in Revolut's 2025 annual report.
MA in Economics, New Economic School, Moscow
As stated in his board biography in Revolut's 2025 annual report.
Emerging markets equity derivatives trader at Credit Suisse and Lehman Brothers
Revolut's board biography states he 'traded more than $2 billion across various options, swaps and foreign exchange instruments' before founding the company.
Champion swimmer in his school years
Noted on his Forbes billionaires profile.
Founder of QuantumLight
AI-led venture capital firm founded in 2022 with Ilya Kondrashov, who serves as CEO. Its debut fund closed at $250m in May 2025, with Storonsky and Kondrashov contributing around 25% of the capital.
Systematic, model-driven investing
Forbes reported the firm's machine-learning approach analyses more than 10 billion data points across over 700,000 venture-backed companies, that all 17 portfolio investments at the time were identified algorithmically rather than through traditional deal sourcing, that it targets Series B and C rounds, and that around 70% of the portfolio is US-based.
TIME100 Next, 2024
Listed on 2 October 2024. TIME's citation noted Revolut's UK banking licence and $45bn valuation that year, and that he 'has weathered complaints about the company's relentless work culture and its imperfect recordkeeping'.
European Banker of the Year 2025
Organised by the dfv Euro Finance Group and selected by a jury of European financial journalists. Revolut says it is the first time the award has gone to the founder and CEO of a neobank.
Notable Coverage
19 items
Secondary share sale values Revolut at $115bn
Named European Banker of the Year 2025
Storonsky says a Revolut IPO is at least two years away
Italy's competition authority fines Revolut entities over alleged unfair practices
Revolut rejected the findings and said it would appeal. A spokesperson said: 'We remain confident that our communications are clear and transparent. Protecting our millions of customers is our absolute priority.'
Revolut reports record 2025 results: £4.5bn revenue, £1.7bn pre-tax profit
PRA lifts restrictions on Revolut's UK banking licence
Storonsky said in the annual report: 'Securing this foundation in the UK is a major step forward for Revolut, proving we can meet the highest standards while also accelerating our growth.'
Revolut files for a US national bank charter
Storonsky said the filing 'will move us from being a guest in the U.S. banking system to a permanent resident, unlocking our ability to offer full-scale lending, credit cards, and direct FDIC insurance to millions more Americans'.
Fundraising process establishes a $75bn valuation
Family office filing lists Storonsky's residence as the UAE
Forbes reported that Revolut had told it in June 2025 that Storonsky remained a UK resident and had only travelled to the UAE to support the company's expansion. The company did not respond to Forbes's requests for comment on the October filing.
QuantumLight closes debut fund at $250m
Storonsky said the ambition is 'to build the world's best systematic venture capital and growth equity firm'.
Bank of Lithuania fines Revolut Bank UAB €3.5m over AML monitoring failings
Revolut said: 'Revolut Bank UAB is committed to the highest standards of regulatory compliance and cooperated with the Bank of Lithuania in taking immediate action to address the procedural deficiencies. We continue to invest to ensure we have best in class controls in the fight against financial crime.'
Storonsky says a London listing is 'not rational'
Named to the TIME100 Next list
TIME noted Revolut says it fully complies with anti-money-laundering regulations.
Secondary share sale values Revolut at $45bn
UK banking licence granted with restrictions
Auditor BDO issues a qualified opinion on Revolut's delayed 2021 accounts
Revolut published the accounts in full, including the auditor's report, on its own website. Subsequent annual reports have not carried a qualified opinion.