Viktor Lukashenko

Current assets: National Olympic Committee (NOC), Glavtorgpred (wholesale trade agency services), Lebyazhy Park (operation of physical education and sports facilities).

Historical assets: Marketliga (duty-free shops), Kairos Sport (clothing retail).

Connections: Aleksandr Lukashenko (father), Dmitry Lukashenko (brother), Liliya Lukashenka (wife), Alexander Zaytsev (former aide, business partner), Aliaksei Aleksin (close businessman), Liudmila Niaronskaya (family friend, close businesswoman), Bogoljub Karić (former business partner), Aliaksandr Lukashenka Jr. (son), Viktoria Dziatlava (née Lukashenko; daughter), Dzmitry Dziatlau (son-in-law).

Privileges: Viktor Lukashenko, Aleksandr Lukashenko's eldest son, began his career in public service as a third secretary at the Belarusian Ministry of Foreign Affairs in 1998. From 2003 to 2005, he served as the head of the Foreign Economic Relations Department at the Research Institute of Automation (NII Sredstv Avtomatizatsii), the flagship enterprise of the state-owned scientific and production association Agat, which specialized in developing technology for the defense industry. In the early 2000s, he also led a division within the Ministry of Foreign Affairs' Department of Foreign Economic Activity. In 2005, Viktor Lukashenko was appointed by his father's personal decree to oversee the country's entire security apparatus as Assistant to the President of the Republic of Belarus for National Security. In 2007, he also became a member of the Security Council. He held both positions until the end of 2021, after which he became head of the National Olympic Committee (NOC), a position he still holds today.

During Viktor Lukashenko's tenure as the President's Assistant for National Security, several businessmen close to the ruling family strengthened their positions in Belarus. The U.S. Treasury Department later referred to these businessmen as "the regime's wallets." Under the auspices of the security services, a system for "gray" imports, re-exports of sanctioned goods, and smuggling was established through entities under their control and logistics hubs on the border with the EU.

Since becoming president of the National Olympic Committee in 2021, Viktor Lukashenko has used the sports sector as a platform for informal international communication and contact with loyal foreign elites, particularly Arab investors.

The NOC owns two commercial entities: Lebyazhy Park and Glavtorgpred. Lebyazhy Park operates three dining establishments: Lebyazhy, a controversial restaurant in the Minsk nature reserve; the Velmi café; and Le Château 27, a French-cuisine restaurant. Lebyazhy Park owns the Olympic Arena sports complex, which generates revenue by offering sports fields, facilities, and ice rinks. From 2020 to 2025, this NOC subsidiary received nearly 1.5 million euros from the state budget through tender-based procurement alone.

The NOC owns a 49% stake in Glavtorgpred, along with businessman Alexander Zaytsev, who holds the remaining 51% and served as Viktor Lukashenko’s assistant on the Security Council. From 2021 to 2026, Glavtorgpred owned a duty-free shop at the Berastavitsa – Bobrowniki border crossing with Poland. In 2025, Glavtorgpred added two Dub Zelenyi liquor stores to its portfolio: one in Pinsk and one in Pruzhany, Zaytsev’s hometown. The Pruzhany store was liquidated in April 2026.

From 2020 to 2024, the National Olympic Committee co-owned Kairos Sport, a company that owns the national sportswear brand Iros. The Belarusian Olympic team wore uniforms from this brand at the 2022 Beijing Games. Kairos Sport partnered with Alexander Zaytsev’s Rukh Sport Management and Dana Astra, a construction company owned by the Karić brothers, who are Serbian businessmen. In June 2024, Kairos Sport was liquidated as part of a reorganization and merged with the Solo-Pinsk garment company. However, the Iros trademark will remain the property of the National Olympic Committee until 2030.

Restrictions: Viktor Lukashenko has been on the sanctions lists of the EU, the United Kingdom, Canada, and Switzerland since 2020. In 2021, the U.S. also extended sanctions against him. In December 2020, the International Olympic Committee (IOC) suspended the Belarusian NOC's leadership from Olympic events and stopped making financial payments to the organization. However, the IOC continued to fund Belarusian athletes' training and participation in the Olympic Games. In March 2021, the IOC officially refused to recognize Viktor Lukashenko as the head of the Belarusian NOC. Since August 2021, the NOC itself has been subject to U.S. sanctions.