Sergei Katsiev
$1.7B
Born
Jan 11, 1958
Age
67
Source of Wealth
Retail, wholesale
Residence
Moscow,
Citizenship
Russia
Marital Status
Married
Children
2
Education
Master, Moscow Institute of International Relations
- Sergei Katsiev, partner of billionaire Igor Kesaev, made his fortune in tobacco after the fall of the Soviet Union.
- From 1991 to 1993, he worked in the government trade mission to the Netherlands.
- When he returned to Russia, he headed Mercury Tobacco Corporation, an importer of tobacco products owned by Kesaev.
- In 1998 Katsiev founded his own company, Megapolis, which also sold tobacco products.
- In 2006 Katsiev and Kesaev merged their companies. Megapolis is now Russia's largest seller of tobacco products.
- Philip Morris and Japan Tobacco International bought 40% of Megapolis for $1.5 billion in 2013.
- Katsiev is now the owner of Nizhny Karmadon, a mineral water producer sourced from the Caucasus.
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