Kiril Domuschiev's Biography

Kiril Domuschiev is a leading Bulgarian entrepreneur and investor renowned for shaping the modern business landscape of Bulgaria. Born on April 18, 1969, in Sofia, he co-founded Advance Properties, a major conglomerate with interests in pharmaceuticals, animal health (Huvepharma), media, shipping, and sports. Domuschiev's strategic vision and business acumen became evident in the 1990s through his successful participation in Bulgaria’s privatization wave, acquiring and revitalizing companies like Biovet. He later expanded internationally, turning Huvepharma into a global leader in animal health products. Kiril also owns the acclaimed football club Ludogorets Razgrad, which has dominated Bulgarian football and made significant strides in European competitions under his stewardship. In 2019, he led the acquisition of Nova Broadcasting Group, further cementing his status as an influential media owner. Kiril Domuschiev is celebrated for his philanthropic initiatives, investing in healthcare and education in Bulgaria. Despite controversies surrounding media concentration and privatization, he remains a prominent figure in business, admired for his bold leadership and commitment to national development. His net worth is estimated at $1.2 billion as of 2024, making him one of the wealthiest individuals in Eastern Europe. Kiril is passionate about football, yachting, and supporting innovative business ventures.