Filaret Galchev – Net Worth $1 Billion – Owner of the Yacht Sapphire

Name:Filaret Galchev
Net Worth:US$ 1,4 billion
Source of Wealth:Eurocement
Born:May 26, 1963
Children:Alina Galcheva, Ilya Galchev
Private Jet:(9H-GFI) Bombardier Global 6000

Who is Filaret Galchev?

He is the founder and chairman of the Eurocement Group. Galchev is a Russian billionaire of Greek origin. He was born in 1963. He is married and has two children: Alina and Ilya. He graduated from the Moscow State Mining University. His Greek name is Filaretos Kaltsidis.


The Eurocement Group is the biggest producer of cement and concrete in Russia. Making up almost 40% of the Russian cement market, the EUROCEMENT group is also among the world’s top ten cement producers.


The Eurocement Group also owns Eurobeton, one of the largest concrete producers in Russia. In the early 1990 Filaret Galchev built Russia’s largest coal-trading company, Rosuglesbyt.

The company was the basis for Eurocement. Eurocement realizes annual sales of US$ 2 billion with 16 plants in Russia, Ukraine, and Uzbekistan. Galchev has written several books including Coal Marketing in Russia and Acute Issues of Mining Economy.

Net Worth

Forbes estimates the net worth of Galchev at US$ 1 billion, which makes him one of the richest Russians.

Yacht Sapphire Owner

Filaret Galchev

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Filaret Galchev House

Filaret Galchev Yacht

He is the owner of the yacht Sapphire.