Portrait of Sergey Lomakin

Rank #2970

Sergey Lomakin

Net worth $1.2B

Retail · Russia

Born
May 23, 1973
Age
53
Source
Retail
Residence
Paphos
Citizenship
Russia
Marital status
Married
Children
5
Education
Master of Science, Moscow State Mining University

Net worth over time

Biography

  • Sergey Lomakin cofounded Russian discount retailer Fix Price in 2007 together with Artem Khachatryan.
  • The chain has opened more than 4,000 stores in Russia, Kazakhstan, Georgia, Belarus, Latvia, Kyrgyzstan and Uzbekistan.
  • Lomakin serves as chairman of the company, which went public in 2021.
  • His cofounder, Khachatryan, is also a billionaire.
  • In December 2023 Lomakin bought nearly all of Khachatryan's stake in company for $990 million.

Financial assets

Exchange Ticker Company Shares Price Currency