Economy 15:33 20/02/2020 World

Wildberries owner Bakalchuk becomes richest woman in Russia

The founder of the online retailer Wildberries Tatyana Bakalchuk topped the list of Russia's richest women, Forbes magazine said in a statement on Thursday, TASS reported. 

According to the publication, her fortune reached $1.4 bln. Bakalchuk pushed off the permanent leader of the list of past years, Elena Baturin, the head of Inteco Management and widow of Moscow's former mayor Yuri Luzhkov, with the fortune of $ 1.2 bln.

It is noted that a new assessment of Bakalchuk’s condition was the result of changes that occurred with her main asset, the Wildberries online store. According to the magazine, in 2019, Wildberries turnover grew by 88% and amounted to 223.5 bln rubles.

According to Forbes, for the first time Bakalchuk entered the list of the richest people in Russia in 2018, and then her fortune was estimated at $ 600 mln. A year later, it almost doubled, which allowed her to take second place after Baturina.

In 2019, Wildberries turnover increased by 88% and reached 223.5 bln rubles ($3.63 bln), according to the company’s statement.



Source Panorama.am
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