Forbes Names Wildberries Owner Tatyana Bakalchuk Russia's Richest Woman
Sumaira FH Published February 20, 2020 | 01:51 PM
Tatyana Bakalchuk, the co-founder and owner of Russia's largest online retailer, Wildberries, has topped the ranking of the country's wealthiest women, overtaking long-time leader Yelena Baturina, the head of Inteco Management construction company, according to Forbes magazine
MOSCOW (UrduPoint News / Sputnik - 20th February, 2020) Tatyana Bakalchuk, the co-founder and owner of Russia's largest online retailer, Wildberries, has topped the ranking of the country's wealthiest women, overtaking long-time leader Yelena Baturina, the head of Inteco Management construction company, according to Forbes magazine.
According to the media outlet, over the past year, Bakalchuk's fortune has increased by $400 million, and as of February 20, it remains at $1.4 billion. Meanwhile, Baturina's fortune has remained unchanged and currently amounts to $1.2 billion. In 2019, Wildberries' turnover grew by 88 percent and amounted to 223.5 billion rubles ($3.
5 billion).
The company's own network of points for issuing orders exceeded 6,300 in Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia. In 2019, Wildberries announced plans to enter the Polish market, and in January, the company launched sales there.
In 2018, Bakalchuk appeared on the list of the richest people in Russia for the first time, with Forbes estimating her fortune at $600 million.
Baturina, the widow of former Moscow Mayor Yury Luzhkov, has been on the Forbes list of Russia's wealthiest people since 2004, starting from $1 billion. Over the past two years, Baturina's fortune has remained unchanged at $1.2 billion.
Related Topics
Recent Stories
ICC Womens T20 World Cup Qualifier, Match 2: Ireland Women open with Comfortable ..
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
IBCC to promote educational excellence, expand regional presence
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leav ..
More Stories From World
-
Slot 'confident' of Liverpool job as 'negotiations' take place
6 hours ago -
Google parent Alphabet's Q1 profits beat estimates: company
6 hours ago -
WADA asks 'independent prosecutor' to examine Chinese swimmers case
6 hours ago -
New York court overturns Harvey Weinstein sex crime conviction
6 hours ago -
Bagnaia and Spanish rivals chase victory at Jerez
8 hours ago -
Russian, Ukrainian strikes kill at least 10 in frontline regions
8 hours ago
-
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
8 hours ago -
Tourism must change, mayor says as Venice launches entry fee
8 hours ago -
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leave after 20 years of ..
9 hours ago -
Putin says plans to visit China in May
9 hours ago -
US reinstates open internet rules rescinded under Trump
9 hours ago -
Honda announces US$11 bn EV battery and vehicle plant in Canada
9 hours ago