• Tatyana Bakalchuk is Russia’s richest woman with an estimated net worth of $7.4 billion.
  • She founded e-commerce retailer Wildberries, Russia’s version of Amazon that sells a range of items.
  • Bakalchuk is developing a payment platform to bolster Russia’s economy amid international sanctions.

In 2004, Tatyana Bakalchuk spent $700 to create a website for Wildberries, an e-commerce business she started out of her Moscow apartment while on maternity leave.

Today, Wildberries is considered the Russian equivalent of Amazon, a booming online retailer that earned $6 billion in revenue in 2023, and Bakalchuk is Russia’s richest woman, Bloomberg reported.

This story is available exclusively to Business Insider
subscribers.
Become an Insider
and start reading now.

Yet, despite her immense wealth, Bakalchuk, 48, keeps a low profile and apparently lives modestly — she reportedly doesn’t own a home, choosing to rent instead.

Here’s how Bakalchuk makes and spends her fortune.

Share.
Exit mobile version