BillionaireNet
Mikhalskiy
Alexander Mikhalskiy
Rank #2661
RUSSIAFashion & Retailretail

Alexander Mikhalskiy

Net Worth
$1.321B
0% (24h)
Alexander Mikhalskiy, a prominent figure in the retail industry, is a co-founder of Sportmaster, Russia's largest sports and fashion retailer. His career, built on entrepreneurial ventures, has led to a significant net worth. Mikhalskiy, along with his partners, started a distribution business supplying French consumer goods, later transitioning into the sports retail sector. His strategic leadership has played a crucial role in Sportmaster's success, establishing it as a leading European retailer. As of late 2025, his net worth is estimated at $1.3 billion.

The Full Dossier

Early Life

Alexander Mikhalskiy, a native of Siberia, showed early interest in business. He attended Moscow Institute of Physics and Technology, obtaining a Master of Science in Engineering degree. In the early 1990s, Mikhalskiy, along with Nikolay and Vladimir Fartushnyak, started a distribution company. They supplied French consumer goods to the Russian market, laying the foundation for their future ventures.

Rise to Success

Mikhalskiy and his partners recognized an opportunity in the sports retail sector. They became the exclusive distributor for German sports retailer Kettler and later opened the first Sportmaster store in 1997. The expansion continued, and Sportmaster grew into a leading sports and fashion retailer across Russia and other countries.

Key Business Strategies

A key strategy was forming the company Sportmaster Group. Mikhalskiy's leadership contributed to the success of Sportmaster, which expanded and established its own brands. The chain grew to 660 stores across various countries. Mikhalskiy also co-founded Ostin, a Russian fast-fashion retailer, with the Fartushnyak brothers.

Philanthropy

Specific details about Mikhalskiy's philanthropic activities are not available in the search results. Further research would be needed to ascertain his direct charitable contributions and initiatives.

Career Timeline

2003

Founded O'STIN

Created the O'STIN casual clothing brand, later becoming a separate company.

1997

Founded Sportmaster Group

Founded Sportmaster Group of companies, and opened the first Sportmaster store.

1992

Founded Ilion

Founded Ilion company to supply German Kettler sports simulators to Russia.

Philanthropic Impact

Information not availableUndisclosed

Information not available

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Wealth Trajectory