Aleksej Gubarev was born in 1980 in Ust-Ilimsk, Irkutsk Oblast. In 1996 Aleksej entered Novosibirsk State University where he studied Mechanics and Mathematics. Since 2000 run various local IT projects.

Since 2002 has been living in Cyprus with his family.
In 2005, when he was 25, he founded XBT – company that specializes in hosting, data and web-development. XBT Holding now has 11 subsidiaries collaborating over 9 countries. XBT Holding is a parent company for such projects as Fozzy.com, IaaS hosting provider Servers.com, secureVPN.

In 2016 in collaboration with Yuri Gurskiy founded Haxus – an investment company focused on artificial intelligence startups at the seed or pre-seed stage.