#3238

Alexander Mikhalskiy

Russia 67 years old Self-Made

Overview

Source of Wealth
retail
Residence
Education
Moscow Institute of Physics and Technology (Master of Science in Engineering)

Biography

Alexander Mikhalskiy is a cofounder of Sportmaster, Russia's largest sports and fashion retailer, which he started with brothers Nikolay and Vladimir Fartushnyak.

He also cofounded Ostin, a Russian fast-fashion retailer, with the brothers, both of whom are billionaires.

In the early 1990s Mikhalskiy and his partners had a distribution business that supplied French consumer goods to the Russian market.

They later became the exclusive distributor for German sports retailer Kettler and opened the first Sportmaster store in 1997.