{{Short description|Russian billionaire businessman}} {{Use dmy dates|date=October 2020}} {{Expand Russian|topic=bio|date=July 2021}} {{Infobox person | name = Sergey Galitsky | image = Sergey Galitsky.jpg | alt = | caption = Galitsky in 2017 | native_name = Сергей Галицкий | native_name_lang = ru | birth_date = {{Birth date and age|1967|08|14|df=yes}} | birth_place = [[Sochi]], [[Russian SFSR]], Soviet Union<br>(now Russia) | occupation = Co-Owner of [[Magnit]]<br> Owner of [[FC Krasnodar]] | spouse = Viktoria Galitskaya | children = 1 daughter }}

'''Sergey Nikolayevich Galitsky''' ({{langx|ru|Серге́й Николаевич Га́лицкий}}; born '''Sergey Nikolayevich Arutyunyan''')<ref name=yarsport>{{cite news|title=К нам едет ФК "Краснодар"|url=http://www.yarsport.ru/football/5350-k-nam-edet-fk-krasnodar.html|website=Yarsport.ru|accessdate=2016-03-09|archive-date=7 December 2012|archive-url=https://web.archive.org/web/20121207024656/http://www.yarsport.ru/football/5350-k-nam-edet-fk-krasnodar.html|url-status=dead}}</ref><ref>{{cite web |url=https://www.tert.am/am/news/2013/12/12/galitski/948066 |title=Հպարտ եմ, որ հայկական արմատներ ունեմ. Գալիցկի |website=tert.am |accessdate=2016-03-09 |archive-date=11 February 2022 |archive-url=https://web.archive.org/web/20220211190451/https://www.tert.am/am/news/2013/12/12/galitski/948066 |url-status=dead }}</ref> is a Russian [[billionaire]] businessman, the founder and co-owner of [[Magnit]], Russia's largest retailer, and president of [[FC Krasnodar]].<ref>{{cite web|url=http://www.vedomosti.ru/newspaper/article/253768/galickij_v_elite |title=Галицкий в элите|website=Vedomosti.ru |date=2011-01-26 |accessdate=2016-03-09}}</ref> In 2021 [[Forbes]] Russia estimated his fortune at $3.5 billion.<ref>{{Cite web|title=Сергей Галицкий|url=https://www.forbes.ru/profile/sergei-galitskii|access-date=2021-12-08|website=Forbes.ru|language=ru}}</ref>

==Early life== Sergey Arutyunyan was born on 14 August 1967, in [[Lazarevskoye Microdistrict|Lazarevskoye]], a suburb of [[Sochi]], southern Russia, his mother is [[Russians|Russian]] and his father is Russian-[[Armenians in Russia|Armenian]]. He later adopted his wife's surname.<ref name="bloomberg1">{{cite web|author=Ilya Khrennikov |url=https://www.bloomberg.com/news/articles/2014-11-20/no-ally-of-putin-retail-billionaire-pinched-by-sanctions |title=No Ally of Putin, Retail Billionaire Pinched by Sanctions - Bloomberg Business |website=Bloomberg.com |date=2014-11-20 |accessdate=2016-03-09}}</ref> In 1985–87, Galitsky completed his compulsory service in the [[Soviet army]].{{citation needed|date=March 2022}}

==Career== In 1989, being a second-year student, began working in one of the commercial banks of Krasnodar. In 1993, he graduated from the Economics faculty of [[Kuban State University]]. A year later, he founded the company, "Transasia", which traded wholesale cosmetics and perfumery. In 1995, he came out of this business and founded the company "Tander". In 1998, he built the first distribution center, and immediately after the [[1998 Russian financial crisis]], opened the first grocery store "Magnit" in [[Krasnodar]]. In 2000, he switched to retail, and created the largest network by number of stores in Russia. In 2006, the company conducted its IPO and was valued at $1.9&nbsp;billion.{{citation needed|date=March 2022}}

In 2008 he founded FC Krasnodar, and in 2013 he financed the construction of the stadium of the same name for this club.<ref>{{Cite web|date=2021-02-04|title=Владелец ФК "Краснодар" Сергей Галицкий вновь избран в исполком Российского футбольного союза|url=https://www.kommersant.ru/doc/4674035|access-date=2021-12-08|website=www.kommersant.ru|language=ru}}</ref> In 2017, a large regular park was established around the stadium, later further expanded throughout the following decade to become one of the city's best-known sights. Despite being eponymous with the stadium and the city, it is better known not as {{ill|Krasnodar park|ru|Краснодар_(парк)}} but as Galitsky park.{{citation needed|date=March 2025}}

In 2018, Galitsky sold a 29.1% stake in the Magnit retail chain to Russian bank [[VTB Bank|VTB]] for 138 billion rubles.<ref>{{Cite web|date=2018-02-16|title=Magnit's Galitsky calls it a day and sells 29% stake to VTB|url=https://www.intellinews.com/magnit-s-galitsky-calls-it-a-day-and-sells-29-stake-to-vtb-136904/|access-date=2021-12-08|website=www.intellinews.com|language=en}}</ref>

In 2019, Galitsky got into the wine business. Grapes are grown near the village of Gostagaevskaya in [[Krasnodar Krai]]. The wine is sold under the brand name Galitsky & Galitsky.<ref>{{Cite web|date=2019-11-22|title=Сергей Галицкий переключился на вино|url=https://www.kommersant.ru/doc/4170027|access-date=2021-12-08|website=www.kommersant.ru|language=ru}}</ref>

==Personal life== He was married to Viktoria Galitskaya, and they have one daughter, Polina Galitskaya.<ref name="bloomberg1"/><ref>{{cite web|author=Maria Karnaukh |url=http://rbth.com/society/2013/06/20/seo_magazine_names_russias_88_richest_heirs_27303.html |title=СЕО magazine names Russia's 88 richest heirs &#124; Russia Beyond The Headlines |website=Rbth.com |date=20 June 2013|accessdate=9 March 2016}}</ref> In June 2023, Russian media reported that Viktoria died on 14 June 2023 in Italy at the age of 51, Galitsky's press representative refused to provide an official comment.<ref>{{cite web|publisher=Baza|url=https://t.me/bazabazon/18746|title=Умерла жена владельца футбольного клуба "Краснодар" и основателя "Магнита" Сергея Галицкого Виктория Галицкая.|date=14 June 2023|language=ru}}</ref><ref>{{cite web|publisher=KP Kuban|url=https://www.kuban.kp.ru/daily/27519/4781802/|title=Смерть жены Сергея Галицкого официально не подтверждают в ФК "Краснодар"|date=21 June 2023|language=ru}}</ref>

In March 2022, ''[[Forbes]]'' reported that the megayacht ''Quantum Blue'' was owned by Galitsky. Registered in the [[Cayman Islands]] with a value of $213 million at 341 feet, on March 22, it was recorded off the coast of [[Oman]].<ref name="Forbes in 2022">"[https://www.forbes.com/sites/giacomotognini/2022/03/01/biden-and-allies-are-coming-for-russian-billionaires-yachts-forbes-tracked-down-51-heres-where-to-find-them/?sh=73c84e9954ac Biden And Allies Are Coming For Russian Billionaires’ Yachts: Forbes Tracked Down 51. Here’s Where To Find Them]", Giacomo Tognini, 1 March 2022; ''Forbes''</ref>

==References== {{Reflist}}

==External links== {{Commons category|Sergey Galitsky}}

{{Privatization in Russia}} {{Authority control}}

{{DEFAULTSORT:Galitsky, Sergey}} [[Category:1967 births]] [[Category:Russian businesspeople in retailing]] [[Category:Russian billionaires]] [[Category:Living people]] [[Category:Russian people of Armenian descent]] [[Category:People from Krasnodar]] [[Category:Russian football chairmen and investors]] [[Category:FC Krasnodar]] [[Category:Armenian billionaires]]