Stefan Savov was born in 1981.
He finished his secondary education in the Hristo Botev high school in Popovo in 1998.
In 2002, he acquired his bachelor degree in Political Studies at Sofia University St. Kliment Ohridski. He was also awarded a master degree in two specialities: Foreign Policy Relations at Sofia University St. Kliment Ohridski (in 2004) and Finance at the University of Veliko Turnovo St. Cyril and Methodius (in 2008).
From 2002 until 2008 he worked as a reporter and later on as an editor for the economy section of the Banker newspaper.
He is proficient in the English and Russian languages.