Sergei Galitsky

Sergei Galitsky (#1346)

Global Rank #1346

Country Rank #43

Country Russia

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
59 Years

Snapshot

Quick Facts

Global Rank #1,346

Country Rank #43

Net Worth $3.1B

Previous Worth $3.1B

Worth Change +$0.0B

Country Russia

Industry Retail

Age 59 Years

Gender M

Worth As Of May 4, 2026

Last Refreshed 27 Jul 2026, 12:00 AM

Residence Krasnodar, Russia

World Billionaires List Russia Billionaires Retail

Profile Data

Personal Stats

Age 58

Source Of Wealth Retail, Self Made

Residence Krasnodar, Russia

Citizenship Russia

Marital Status Widowed

Children 1

Education Bachelor of Arts/Science, Kuban State University

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $3.1B

Current Net Worth $3.1B

Worth as of May 4, 2026

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.

Insights

Did You Know?

Galitsky owns the soccer team Krasnodar and a soccer academy. He has invested about $460 million in a new soccer stadium nicknamed Galiseum by local journalists.

Galitsky spent $70 million on a park near his soccer stadium, planting 2,500 trees.

With his brother-in-law, Galitsky owns a 173-acre winery that will soon be selling wine under the Galitsky & Galitsky label.

Wealth Growth

Net Worth Growth Over Time

Tracking Sergei Galitsky's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $3.1B (May 4, 2026)