|Birth Day||August 14, 1967|
|Birth Place||Krasnodar, Russia, Russia|
|Age||56 YEARS OLD|
|Occupation||Co-Owner of Magnit Owner of FC Krasnodar|
Sergei Galitsky, widely recognized as a prominent figure in the fashion and retail industry in Russia, boasts an impressive net worth of approximately $3.2 billion, as estimated for the year 2023. Galitsky's immense wealth reflects not only his business acumen but also his unwavering commitment to transforming the retail landscape in his homeland. Through his various ventures and strategic investments, Galitsky has undoubtedly played a pivotal role in shaping Russia's fashion and retail sector. His remarkable success has earned him both admiration and respect, establishing him as a true titan in Russian business circles.
In 1993, he graduated from the Economics faculty of Kuban State University. A year later, he founded the company, "Tander", which traded wholesale cosmetics and perfumery. In 1998, he built the first distribution center, and immediately after the 1998 Russian financial crisis, opened the first grocery store "Magnit" in Krasnodar. In 2000, he switched to Retail, and created the largest network by number of stores in Russia. In 2006, the company conducted its IPO and was valued at $1.9 billion.