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Sergey Galitsky Net Worth

Sergey Galitsky Net Worth

Net Worth: $7.11 Billion

Statistics
  • Source of Wealth Retail
  • Birth Place Lazarevskoe, Russian SFSR
  • Marital Status Married
  • Full Name Sergey Nikolayevich Galitsky
  • Nationality Russian
  • Date of Birth August 14, 1967
  • Occupation Businessman, Executive
  • Education Kuban State University
  • Children 1
More StatsView More

About Sergey Galitsky

Sergei Galitsky has an estimated net worth of $7.11 billion in July 2017, according to Bloomberg.

Sergei Galitsky is a Russian entrepreneur who currently serves as the President of a Russian Association Football Club FC Krasnodar. At the same time, he is also a co-owner and founder of a successful Russian retailing company Magnit. Today, Magnit owns over 5309 stores in over 1389 locations. It currently runs 93 hypermarkets, 2010  cosmetic stores and 5006 cosmetic stores. Every month, the company opens dozens of stores and it currently hires 79,000 employees.

After graduating with a degree in economics from the Kuban State University, Sergey Galitsky founded Tander, a company which specializes on trading wholesale perfumery and cosmetics. After switching to retail in 2000, he became the owner of the largest network of retail stores in Russia in terms of number of stores.