BillionaireNet
Katsiev
Sergei Katsiev
Rank #2221
RUSSIAFashion & RetailRetail, wholesale

Sergei Katsiev

Net Worth
$1.693B
0% (24h)
Sergei Katsiev, born in Moscow, Russia, is a prominent figure in the retail and wholesale industries. With an estimated net worth of $1.7 billion as of late 2024, Katsiev has built a significant fortune through his ventures in the fashion and retail sector. His career includes a bachelor's degree from the Moscow Institute of International Relations and various roles, including heading Mercury Tobacco Corporation. Katsiev is married with two children and resides in Moscow. His career achievements include founding and developing Megapolis, now the largest tobacco retailer in Russia.

The Full Dossier

Early Life

Sergei Katsiev was born in Moscow, Russia, around 1957 or 1958. His early life details are limited, but he obtained a bachelor's degree from the Moscow Institute of International Relations.

Rise to Success

After the fall of the Soviet Union, Katsiev worked in a government trade mission in the Netherlands. Upon his return to Russia, he became the head of Mercury Tobacco Corporation. In 1998, he founded Megapolis, which later merged with Mercury Tobacco Corporation in 2006. This merger established Megapolis as the largest tobacco retailer in Russia. In 2022, Katsiev and his partners acquired assets of the British tobacco company Imperial Brands in Russia.

Key Business Strategies

Katsiev's key strategy has been the strategic establishment and growth of Megapolis. The merger with Mercury Tobacco Corporation and subsequent deals, such as Philip Morris and Japan Tobacco International's investment in 2013, were crucial in expanding and consolidating the company's market position.

Philanthropy

Details about Katsiev's philanthropic activities are not publicly available.

Career Timeline

2022

Acquisition of Imperial Brands Assets

Katsiev and partners bought the Russian assets of Imperial Brands.

2013

Investment in Megapolis

Philip Morris and Japan Tobacco International invested in Megapolis, demonstrating significant market value.

2006

Megapolis Merger

Megapolis merged with Mercury Tobacco Corporation, forming the largest tobacco retailer in Russia.

1998

Founded Megapolis

Established his own company, which later became the largest tobacco retailer in Russia after merging with Mercury Tobacco Corporation.

Philanthropic Impact

N/AUndisclosed

Not Available

Information on Sergei Katsiev's philanthropic initiatives is not publicly available.

Wealth Trajectory