| Name: | Sergey Galitsky |
| Net Worth: | $ 3.5 billion |
| Source of Wealth: | Magnit |
| Born: | August 14, 1967 |
| Age: | |
| Country: | Russia |
| Wife: | Viktoria Galitskaya |
| Children: | Polina Galitskaya |
| Residence: | Krasnodar, Russia |
| Private Jet: | Gulfstream G650 (M-YGLF) |
| Yacht: | Quantum Blue |
Sergey Galitsky is a prominent figure in the world of Russian business, best known as the founder of the retail chain Magnit. Born in 1967 near Sochi, Russia, Galitsky graduated from Kuban State University before embarking on a successful career in business.
Galitsky’s business acumen led him to found the wholesale company Tander in 1994. Within a few years, Tander became one of the largest grocery distributors in Russia, laying the foundation for Galitsky’s future success. In the same period, Galitsky founded Transasia, which quickly became the exclusive distributor of Procter and Gamble products in certain parts of Russia. As Transasia was not allowed to sell P&G’s competitor products, Galitsky founded Magnit in 1998, which has since become one of the largest food retailers in Russia.
Today, Magnit boasts over 9,000 stores and 230,000 employees, with annual sales of over USD 12 billion and a net profit of more than USD 1 billion. Magnit went public in 2006, with Galitsky still holding around 40% of the shares.
But Galitsky’s entrepreneurial spirit and success in business have not been limited to Magnit. In 2008, he founded FC Krasnodar, a Russian football club that plays in the Russian Premier League. Over the course of more than 10 years, Galitsky has reportedly invested more than US$ 400 million in the club. He currently serves as the chairman and owner of FC Krasnodar.
Galitsky’s dedication to the development of football in Russia has earned him recognition from the Russian Football Union. His contributions to the sport have helped to raise the profile of football in Russia and inspire future generations of players.
Beyond his business ventures, Galitsky is also committed to philanthropy. He has donated millions of dollars to charitable causes, including healthcare, education, and disaster relief.
With a net worth estimated at $3.5 billion, Galitsky is one of the wealthiest people in Russia. His success in business and dedication to philanthropy have made him a role model for entrepreneurs and business leaders around the world. Galitsky’s legacy is one of innovation, perseverance, and a commitment to excellence in all of his endeavors.
In conclusion, Sergey Galitsky is a true visionary and leader in the world of Russian business. From humble beginnings, he has built an empire that has become one of the largest and most successful retailers in Russia. His dedication to the development of football and philanthropy has made him a respected and admired figure both in Russia and around the world.
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He lives with his wife Viktoria Galitskaya in a large mansion in Barvikha, near Moscow. We have not yet been able to identify his home. These are sample photos of billionaire residences. Do you know more about his house? Please do send us a message.
He is the owner of the Lurssen yacht Quantum Blue.
He is the owner of a Gulfstream G650 private jet with registration M-YGLF. A G650 has a list price of $ 70 million. Before that he owned a Bombardier Challenger CL605 private jet, with registration G-
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SuperYacht Owners Database 6-2023
