Sergei Galitsky (#1368)
This [stadium] will never pay off but it's more than just a stadium: This is one of the points of attraction in the city. I want our children and grandchildren to be proud of it.
- $ 3 B
- Retail
- Russia
- M
- 58 Years
Rest in Peace Ask Jeeves, every search comes to an end
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About Me
Sergei Galitsky is the founder of Magnit, one of Russia's biggest supermarket chains and cosmetics retailers with more than 30,000 stores in 2024. Galitsky was CEO of Magnit until February 2018 when he sold almost all of his shares in the company to the state bank VTB for $2.4 billion. Galitsky got his start in 1994 as a perfume and beauty supplies wholesaler. An admirer of Wal-Mart, he opened his first grocery store in 1998 and advertised using the slogan "Always Low Prices." He took the company public in 2006.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Sergei Galitsky’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Sergei Galitsky’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $3.1B
(May 4, 2026)
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