FILARET GALCHEV • Net Worth $1 Billion • Yacht • House • Private Jet • Eurocement

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

Filaret Galchev: Founder and Chairman of Eurocement Group

Filaret Galchev is a Russian billionaire of Greek origin, born in 1963. He is the founder and chairman of the Eurocement Group, the largest producer of cement and concrete in Russia. With almost 40% of the Russian cement market, the Eurocement group is also among the world’s top ten cement producers.

Early Life and Education

Galchev graduated from the Moscow State Mining University and built Russia’s largest coal-trading company, Rosuglesbyt, in the early 1990s. The company was the basis for Eurocement, which he founded later. Eurocement has 16 plants in Russia, Ukraine, and Uzbekistan, and owns Eurobeton, one of the largest concrete producers in Russia. The company has annual sales of US$ 2 billion.


Galchev has written several books, including Coal Marketing in Russia and Acute Issues of Mining Economy. He is married and has two children: Alina Galcheva and Ilya Galchev. His Greek name is Filaretos Kaltsidis.

Net Worth

Forbes estimates Galchev’s net worth at US$ 1 billion, making him one of the richest Russians.

Galchev’s success in the cement and concrete industry has made him a prominent figure in the business world. His dedication and hard work have helped him build a massive empire that spans across several countries, with Eurocement Group being the biggest producer of cement and concrete in Russia. He is a living example of how determination and passion can lead to extraordinary achievements in life.

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Yacht Sapphire Owner

Filaret Galchev

Watch this video!

Galchev Yacht Sapphire

He is the owner of the yacht Sapphire.

The luxury yacht Sapphire is one of the five yachts built by Nobiskrug for Kristal Waters. The yacht’s steel hull and aluminum superstructure add to its sturdiness and durability. Sapphire has a cruising speed of 15 knots and a top speed of 17 knots, thanks to the two MTU engines that power it. The yacht has a range of over 5,000nm, making it an excellent option for long-distance travel.