Kiril Domuschiev Net Worth

Kiril Domuschiev has an estimated net worth of $2.8 billion, according to Forbes Real-Time Billionaires, Kiril Domuschiev profile (figures as of October 20, 2026). That is up from $2 billion in 2022.

Kiril Domuschiev is a Bulgarian industrialist and entrepreneur best known as the co-owner of Advance Properties with his brother Georgi. The group, founded in 2003, invests across animal health, shipping, port management, real estate and soccer. Its biggest asset is Huvepharma, a livestock health company with factories in 4 countries, including the U.S. Forbes tracks his wealth in the diversified industry and ties it to animal health and investments.

His business path started in the 1990s, when the brothers sold locally made shoes and later invested in privatized state-owned companies. In 1996, he set up Napredak Holding AD to buy stakes in Bulgarian businesses. In 1999, he started Huvepharma, and in 2000 the company privatized Biovet AD, a veterinary products factory. He also expanded into shipping and ports, and in 2010 began investing in PFC Ludogorets Razgrad.

How Kiril Domuschiev built his wealth

Most of Kiril Domuschiev's fortune comes through Advance Properties, the investment company he co-owns with his brother. Since 2003, the firm has built a wide portfolio that includes animal health, shipping, port management, real estate and soccer. Its largest holding is Huvepharma, which Forbes describes as the world's sixth-largest livestock health company. Huvepharma has factories in 4 countries, including the U.S., giving the group a business that reaches beyond Bulgaria.

His rise also came from moving early into privatization and then adding new industries over time. In 1999, he launched Huvepharma, and in 2000 it privatized Biovet AD. In 2008, Advance Properties, through KG Maritime Shipping AD, acquired 70% of Navigation Maritime Bulgare AD. The group also owned Nova TV from February 2019 to January 2021, when it was sold for $340 million. Alongside business, he invested in PFC Ludogorets Razgrad from 2010.

Forbes wealth estimate over time

Forbes valued Kiril Domuschiev at $2 billion on the World's Billionaires List in 2022. That estimate moved to $2.1 billion in 2023 and stayed at $2.1 billion in 2024. In 2025, Forbes put his wealth at $2.7 billion, showing a much larger jump than in the prior 2 years. Those estimates fit the mix of businesses tied to Advance Properties, especially animal health, plus investments across several sectors.

In 2026, Forbes listed him at $2.9 billion on the World's Billionaires List. Forbes' real-time tracker later showed $2.8 billion in October 2026, and the current figure is $2.8 billion as of October 20, 2026. The core business picture stayed the same: Huvepharma remained the largest asset inside Advance Properties, while the wider group kept interests in shipping, port operations, real estate and soccer.