BillionaireNet
Yakovlev
Igor Yakovlev
Rank #2972
RUSSIAFashion & Retailhome appliance stores

Igor Yakovlev

Net Worth
$1.107B
0% (24h)
Igor Yakovlev is a Russian self-made billionaire known for his ventures in the retail sector. Born in 1965, Yakovlev's primary wealth source stems from his successful chain of home appliance stores and, more recently, the shoe and accessories retailer Kari. His career began in the 1990s with the founding of Eldorado, which became one of Russia's largest electronics retail chains. After selling his stake in Eldorado, Yakovlev transitioned to the fashion-retail industry with Kari, expanding its presence across Russia. As of December 16, 2025, his net worth is estimated at $1.1 billion.

The Full Dossier

Early Life and Education

Igor Yakovlev was born in 1965. He graduated from the Dagestan Polytechnic Institute with a Master of Science in Engineering and later from the St. Petersburg University of the Ministry of the Interior.

Rise to Success: Eldorado and Kari

In 1994, Yakovlev, along with his brother Oleg, founded the Eldorado company, quickly becoming a leading home appliance retailer in Russia. By 2003, Eldorado had expanded to become the largest chain in Russia, with 125 franchise stores. The network's turnover in 2002 amounted to $800 million. In 2008, Yakovlev sold the Russian Eldorado to a Czech group.

Following the sale of Eldorado, Yakovlev founded Kari in 2012, a retail chain specializing in shoes, accessories, and household goods. Kari expanded rapidly across Russia, boasting over 1,200 locations in cities such as Moscow, St. Petersburg, and Novosibirsk.

Key Business Strategies

Yakovlev's success can be attributed to his keen understanding of the Russian market, his strategic approach to expansion, and his ability to adapt to the changing economic landscape. He focused on providing accessible and affordable products, catering to a broad consumer base. His ventures demonstrate a consistent focus on industries with mass-market appeal and significant growth potential.

Philanthropy

Information on specific philanthropic initiatives and amounts is not available.

Career Timeline

2012

Founded Kari

Founded Kari, a Russian retail chain of shoes and accessories.

2008

Sold Eldorado

Sold his stake in Eldorado.

1994

Founded Eldorado

Co-founded Eldorado, a consumer electronics retail chain, which grew to be the largest in Russia.

Philanthropic Impact

Unknown$XB

Unknown

Specific philanthropy details are unavailable.

Wealth Trajectory