Andrey Fadeev

Andrey Fadeev is a prominent game industry executive and entrepreneur. He is the Co-founder and CEO of Nexters Global Ltd. and GDEV Inc., a Nasdaq-listed European game development holding company based in Cyprus.134

Professional Background

Fadeev has a significant history in game development:

• Founded Progrestar, a social games development studio, where he released the popular strategy game Throne Rush25
• Co-founded Nexters in 2014 with Boris Gertsovskiy, transforming their previous game studios into a unified company23
• Helped grow Nexters into one of the top 5 independent mobile game developers in Europe3
• Took the company public on Nasdaq in 2021 at a valuation of $1.9 billion2

Current Roles and Achievements

• CEO of GDEV, the only Nasdaq-listed European game development holding4
• Net worth estimated at $98 million as of 20241
• Graduated from Bauman Moscow State Technical University1
• Oversees a company with over 220 million game installs worldwide and a team of 700+ game developers3

Fadeev is known for his strategic approach to game development, focusing on mobile platforms and creating engaging games like Hero Wars, which has been a long-standing market success.5