Portrait of Alexander Mikhalskiy

Rank #3287

Alexander Mikhalskiy

Net worth $1.1B

retail · Russia

Born
Jun 10, 1959
Age
66
Source
retail
Residence
Citizenship
Russia
Marital status
Children
0
Education
Master of Science in Engineering, Moscow Institute of Physics and Technology

Net worth over time

Biography

  • Alexander Mikhalskiy is a cofounder of Sportmaster, Russia's largest sports and fashion retailer, which he started with brothers Nikolay and Vladimir Fartushnyak.
  • He also cofounded Ostin, a Russian fast-fashion retailer, with the brothers, both of whom are billionaires.
  • In the early 1990s Mikhalskiy and his partners had a distribution business that supplied French consumer goods to the Russian market.
  • They later became the exclusive distributor for German sports retailer Kettler and opened the first Sportmaster store in 1997.