Net worth 8.1 billion USD (2015) Name Sergey Galitsky | Role Businessman Children Polina Galitskaya Spouse Viktoria Galitskaya | |
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#SecretsSelfmadeBillionaires0270 Sergey Galitsky Armenian Supermarket KingFromRussia6Lessons
Sergey Nikolayevich Galitsky (Russian: Серге́й Николаевич Галицкий; born Sergey Arutyunyan) is a Russian billionaire businessman, the founder and co-owner of Magnit (Russia's largest retailer), and president of FC Krasnodar.
Contents
- SecretsSelfmadeBillionaires0270 Sergey Galitsky Armenian Supermarket KingFromRussia6Lessons
- Early life
- Career
- Personal life
- References
Early life

Sergey Arutyunian was born on 14 August 1967, in Lazarevskoye, a suburb of Sochi, southern Russia, his mother is Russian and his father is Russian-Armenian. He later adopted his wife's surname.
Career

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 a 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.
Personal life

He is married to Viktoria Galitskaya, and they have one daughter, Polina Galitskaya.

