#2965

Sergey Lomakin

Russia 53 years old Self-Made

Overview

Source of Wealth
Retail
Residence
Paphos
Education
Moscow State Mining University (Master of Science)
Marital Status
Married
Children
5

Assets

  • Fix Price Group (MICEX)
    592,117,000 shares @ -
    -
    -

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.