Igor Makarov (businessman)

Igor Viktorovich Makarov (Russian: Игорь Викторович Макаров; born 5 April 1962 Ashkhabad, Turkmen SSR, Soviet Union) is the President of ARETI International Group (previously the founder of ITERA International Group). A former professional cyclist and member of the USSR national cycling team, Makarov has, since his retirement from competition, been a key supporter and sponsor of international cycling and serves on the UCI Management Committee since 2011. In March 2023, Forbes estimated Makarov's net worth at $2.2 billion. In the summer of 2023, Makarov renounced Russian citizenship in favor of Cypriot.

On 26 September 2022, Makarov was sanctioned by the government of the United Kingdom due to the ongoing Russo-Ukrainian War. On 5 March 2024, United Kingdom removed sanctions on Makarov after a successful legal challenge.