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Nik Storonsky

CEO Revolut

Co-founder and CEO of Revolut. Born in Russia with Ukrainian heritage. Renounced Russian citizenship in October 2022 in opposition to Ukraine war. Moved residency to UAE in October 2025.

Career History

Revolut Current
CEO

Track Record

$3.9B

Revolut CEO and co-founder Nik Storonsky officially changed tax residency from UK to United Arab Emirates in October 2024 according to Companies House filings. Move could save him more than £3 billion in UK capital gains tax. Storonsky had been critical of UK's 'extreme bureaucracy' and regulatory landscape. Changed residence from England on October 16, 2024.

Revolut CEO Nik Storonsky renounced his Russian citizenship in October 2022, becoming the fourth billionaire to do so over Ukraine. In March 2022 he condemned the invasion as 'wrong and totally abhorrent.' Revolut matched donations to Red Cross Ukraine up to £1.5M, waived transfer fees to Ukraine, and suspended operations in Russia and Belarus.