|Birth Day||January 17, 1964|
|Age||59 YEARS OLD|
Andrei Rogachev, a prominent figure in the fashion and retail industry in Russia, is set to have an estimated net worth of $1.2 billion by the year 2023. Known for his expertise and influence in the sector, Rogachev has built a successful career through his innovative business strategies and keen understanding of the market. With a strong presence in the Russian fashion industry, he has established numerous retail ventures that have contributed significantly to his wealth accumulation. As an influential force in the industry, Andrei Rogachev continues to make remarkable strides, solidifying his position as an esteemed entrepreneur in the fashion and retail landscape.
Andrey Rogachev was born on January 17, 1964 in Tula. In 1981 he entered the Leningrad Hydrometeorology Institute, where he graduated in 1986, majoring in Hydrology.
In 1989, he created the Environmental Control Laboratory (LEK).
In 1991 Rogachev created electronic payment system Spacard and software to make trading operations between companies. Including electronic messaging system, a cryptography system, the second crypto currency in the world, plastic card with a unique method of encryption and data protection, a billing center, cash registers and portable payment terminals.
In 1998, Andrey Rogachev and his partners registered Agrotorg LLC. In February 1999 the company opened the first Pyaterochka store in St Petersburg; 15 more stores were opened by year-end. In 2001 Pyaterochka entered Moscow.
Following the merger with Retail chain Perekrestok in 2006, X5 Retail Group was created; their main shareholders are Alfa Financial Group; Pyaterocka founders received approximately 25% of the shares (mainly owned by Rogachev and Alexander Gidra). In 2008, Rogachev quit X5's Board. In 2011 he sold his 11.14% of X5 shares, for approximately $1.38 billion. From 2010 he mainly focused on real property Investments and other food Retail businesses.
In 2012, Rogachev founded Verny, a chain of discounter stores «Vernii». At the beginning of 2015, the chain contained more than 400 stores in the Central, North-Western and in the Urals Districts of Russia.
In 2017 Rogachev together with Alexander Volchek (the founder of the biggest Entrepreneur society «Business Molodost») launched Food Trading Platform AGRO24. Rogachev and Volchek are the founders and owners of the AGRO24 trading platform. The platform brings together suppliers, Retailers and dealers and allows to conduct commercial transactions between them. The AGRO24 Business model most similar to Bloomberg and 1688.com, which is a part of the Ali Baba Group and is designed for wholesale b2b-trade between producers and buyers. Trading Technology is easily integrated with smart contracts based on blockchain, crypto-currencies and other complex systems .