A good salary in a hard currency combined with tax perks make working at the UCI a financially rewarding role. But not everyone does it for the money. One member of the UCI Management Committee who doesn’t need extra income is Igor Makarov.
Chairman of ITERA, the Russian gas trading company, some say Makarov is a billionaire but it’s hard to be precise with his net worth. He’s the former champion cyclist who started selling jeans on the streets of Turkmenistan and became a Russian oligarch and now helps run Russian cycling as well as the UCI. Needless to say he is wealthy and busy too. So whilst some UCI officials might get to travel in business or first class, Makarov goes private. The jet above is his.