Sergey Galitsky Net Worth

Net Worth: $7.11 Billion
  • Source of Wealth:

  • Age:

  • Birth Place:

    Lazarevskoe, Russian SFSR
  • Marital Status:

  • Full Name:

    Sergey Nikolayevich Galitsky
  • Nationality:

More Stats View More

About Sergey Nikolayevich 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.