Artem Khachatryan
$1.6B
Born
Jan 03, 1975
Age
50
Source of Wealth
Retail
Residence
Limassol,
Citizenship
Russia
Marital Status
Children
0
Education
Master of Science, Moscow State Mining University
- Artem Khachatryan cofounded Russian discount retailer Fix Price in 2007 together with Sergei Lomakin.
- The chain has opened more than 4,000 stores across Russia, Kazakhstan, Georgia, Belarus, Latvia, Kyrgyzstan and Uzbekistan.
- Khachatryan was previously the executive director of the company, which went public in 2021.
- In December 2023 Khachatryan sold his entire stake in FixPrice and resigned as a member of the board, citing family matters.
- His cofounder, Lomakin, is also a billionaire.
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