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Painter, teacher. Son of Alexander Volkov, elder brother of artist Alexander Volkov (born 1937). Born in Fergana in eastern Uzbekistan (1928). Studied under his father at Tashkent School of Art (1944–47) and at the department of the history of art of the First Central Asian University in Tashkent (1947–52). Member of the Union of Artists (1956). Took up abstract art (early 1960s). Moved to Moscow (1966). Visited Egypt, Spain, Italy and France (late 1960s), meeting Marc Chagall in Saint-Paul de Vence and Count André Lanskoy in Paris (1966). Taught at the 1905 School of Art in Moscow (1970–80) and the Institute of Artistic Creativity of the Academy of Fine Arts (from 1993). Lives and works in Moscow. Contributed to exhibitions in the Soviet Union (from 1949) and abroad (from 1988), including exhibitions at the Tartu Kunstimuuseum in Tartu (1979), Central House of the Artist in Moscow (1980), joint exhibition with Alexander Volkov at the Maria Yermolova Theatre in Moscow (1982), Exhibition of Three Volkovs at the House of the Cinema in Tashkent (1984), Alexander Volkov and Students at the Museum of Oriental Art in Moscow (1987), The Volkov Artists: Three Generations at the Kovcheg Gallery in Moscow (1991), Volkov’s Dynasty at the Gregory Gallery in Washington DC and New York (1994–95), Exhibition of the Paintings of Valery Volkov and Lithographs of André Lanskoy at the Tretyakov Gallery in Moscow (1997), Abstraction in Russia: XX Century at the Russian Museum in St Petersburg (2001–02), Heirs of the Russian East at the Museum of Oriental Art in Moscow (2012) and one-man shows in Tashkent (1961), Moscow (1969), Cairo (1988), Washington DC (1992) and New Jerusalem (2008).