The owner of the network "Magnet" Sergei Galitsky: biography and photos

In our country there are not a lot of oligarchs who created a business from scratch, without participation in the realization of any raw materials. One such is Sergei Galitsky ("Magnet"). The biography of a businessman is a unique story about how a person made himself, without participation in the privatization of plants or the sale of resources abroad. His personal story is an example of dedication and hard work. Let's talk about how the owner of the "Magnet" network, Sergei Galitsky, was formed and grew up. The biography of the entrepreneur will be of interest to those who dream about their business and are looking for their way in life.

Childhood

Born Harutyunyan (Galitsky) Sergey Nikolaevich, whose biography is the subject of our article, August 14, 1967 in the village of Lazarevskoe, near Sochi. Despite the surname, the boy grew up in an absolutely Russian environment. According to him, Sergey does not know only 25% of the Armenian blood, and even the language of this nation, but today he is proud of his origin. Since childhood, the boy had a great passion for football, he was engaged in the section, playing with friends in the yard. But I realized in time that in this sport he has no future. Another of his children's passion is chess. But here, with all his prudence, he realized that he would not become a world champion. And the desire to be the first to him was inherent from childhood. Therefore, Sergei decided to take place in school. Although he was not an excellent student, he was very successful in exact sciences. At school, Sergei studied well, was an active participant in public life.

Admission to Adulthood

In Soviet times, military service for many young men was an indispensable step in life, Sergei Galitsky also treated such young people. Biography, the guy's parents were quite typical for that time. The origin and the beginning of the life of Sergei did not foreshadow some great achievements. All that he had was himself, his sanity and diligence. Therefore, he decided to start his adult life from service in the armed forces. Two years in the army helped him to clearly define his priorities and life goals.

Education

After the demobilization, Sergei Galitsky, whose biography developed according to a scenario typical for that time, goes to the Kuban University, to the Faculty of Economics. Service in the army gave him certain benefits, and Sergei easily entered a prestigious university. He studied well and even wrote in the second year an article on financial liquidity in the famous professional journal "Finance and Credit." The editors recognized Sergey's article as serious and published it. In the financial world of Krasnodar, this publication made a real sensation, and Galitsky was invited to an interview in one of the banks of the city. If before Sergei had to work as a loader, now he was offered to work as deputy bank manager. He successfully combined work with studies and successfully received a diploma of higher education, which gave him opportunities for professional growth.

The failed banker

After graduating from the university, Galitsky worked for another year at the bank, but the young specialist quickly began to understand that this institution is not what he would like to do in the future. Later in the interview, Sergei said that the bank was in fact "a shallow shop." Therefore, one year after graduation, Galitsky decided to resign from the bank. According to him, he left, because "he did not want to be present at his funeral."

First experience of entrepreneurship

At that time, the boom of private entrepreneurship was growing in the country, all around started different kinds of business, dreamed of getting rich. These moods also embraced Sergei. After leaving the bank, he, together with several classmates, creates the firm "Transazia", the initial capital was 30 thousand dollars, which Sergei took on credit due to his bank acquaintances. The company engaged in wholesale supplies of cosmetics and household chemicals. The first time, according to Galitsky, the company was balancing between the financial abyss and a small profit. But soon the guys managed to become the only distributor in Krasnodar region of the world's largest company Procter & Gambl. The firm began to bring a stable income and prospects. But soon Procter & Gambl demanded that a separate company work with it. Therefore, the decision was made to divide the "Trans-Asia". Cosmetic business went to partners Galitsky, and he got the firm "Thunder". For several years he was looking for his niche in the market, calculating options. To enter the new market, he was helped by a business flair and a unique talent to make money.

"Magnet"

In 1998, Sergei Galitsky, whose biography has since been associated with grocery retail for a long time, opens his first grocery store in the Cash & Carry format. The point brought profit, but did not give a big prospect for development. And two years later Galitsky decided to change the format. In 2000, the first store "Magnet" appeared in Krasnodar in the discounter format. Sergei immediately began to position his points as a network of food stores with low prices.

The format was very popular, and Sergei began to actively develop the network. He rented small rooms for shops, which he now positioned as "shops near a house with low prices." He began developing the network by quiet expansion into small towns. He tried not to compete with large grocery retailers. And the strategy was very successful. Five years later, the network turnover reached 1.6 billion dollars.

Galitsky did not stop there and in 2006 brought the company to an IPO and attracted investments for 368 million dollars. The share of Sergei in the company was 58%, and his permanent partner Alexei Bogachev - 15%. The funds received were used to develop the network, and in 2007 it had 1,900 stores all over the country. "Magnet" grows in new formats - hypermarkets, supermarkets, mini-stores.

In 2008, the network once again goes to the stock exchange, and in 2010 the number of its outlets grows to 4 thousand. In 2011, the stores of different formats under the name "Magnet" became already 5 thousand. The firm once again resorts to the sale of shares, which reduces Halytsky's share to 36%, but it still remains the main owner of the network. This is his principled position, Sergei believes that business should have one master.

In 2013, Magnit became the leader in turnover and the number of stores in the country, overtaking its eternal rival - the Pyaterochka network. In 2014, Galitsky reduced his stake by selling part to get money to finance other projects. By 2015, Magnit has grown to 120,000 points in various formats.

condition

In 2016, the founder of "Magnit" Sergei Galitsky, whose biography is firmly associated with grocery stores, is the largest shareholder of the network, he owns 37% of the shares. In 2016, his fortune, according to Forbes magazine, totaled $ 5,700 million, this is the 17th line in the list of Russia's richest entrepreneurs. It should be noted that for Galitsky this is not the best indicator, in 2014 he occupied the 10th line with a fortune of $ 10,300 million. A businessman often says that he experiences two pleasures in life: when he earns money and when he spends it. In recent years, he spent a lot of money on various projects. Sergei also said more than once that he intends to spend all his fortune during his lifetime.

Galitsky - the head

Large businessmen always work out their own, unique leadership style, and Sergei Galitsky is no exception. The biography of a businessman proves that he is an extraordinary man. And this is confirmed by the impressions of his partners and employees. Galitsky is a strategist, he always looks far ahead, and the tactics trust managers. He knows how to hire high-quality employees and trusts them to solve their own level tasks. Galitsky is a bold businessman, he likes risky, unconventional solutions and is not afraid to implement them. At the same time, Sergey is a tough enough leader, he is not ready to make concessions, he can motivate employees to work well. So, the top management of the company owns 8% of the shares of Magnit, so it is interested in the profits of stores.

Football

Billionaire Sergei Galitsky, whose biography has developed like a fairy tale, has not forgotten about his childhood hobbies. In 2008, he bought a very mediocre football team "Krasnodar" and invested in it a lot of money. Today she belongs to the elite of Russian football. Galitsky finances the school for beginners "Krasnodar", built an excellent stadium for training and games of his team. He invests about 40 million dollars a year in the team, but at the same time, he said, this is not a business project, but a great pleasure for him.

Personal life

The owner of "Magnet" Sergei Galitsky, whose biography is the subject of our consideration, is married. His wife was a former schoolmate Victoria. Once she was an accountant, but she has not worked for many years, performing "hard work" of the oligarch's wife. The couple have a daughter, Polina. She studies at the same university where her parents once studied. The girl is among the ten richest Russian heirs. But at the same time, all her acquaintances note that Polina does not have any stellar habits.