Andrei Rogachev

$1.20 B

Ranked #993 in World

About Andrei Rogachev

Andrey Rogachev, born on January 17, 1964, in Tula, USSR, is a prominent Russian entrepreneur, often hailed as the "father of Russian retail." With a career that began after graduating from the Leningrad Hydrometeorology Institute in 1986, Rogachev has significantly impacted Russia's retail landscape. He co-founded the environmental Control Laboratory in 1989, ventured into electronic payments with Spacard in 1991, and by 1998 had co-founded Agrotorg LLC. Rogachev's retail ventures include the establishment of Pyaterochka in 1999 and the formation of X5 Retail Group in 2006, a pivotal moment in Russian retail history. After exiting X5 in 2008 and selling his shares in 2011 for around $1.38 billion, he launched Verny in 2012 and AGRO24 in 2017 alongside Alexander Volchek. AGRO24 aims to revolutionize food trading by connecting suppliers, retailers, and dealers, aspiring to reach a valuation similar to Meicai's $2.8 billion. Rogachev's personal life includes a divorce and two children.

Born

January 17, 1964 in Tula, Russia

Age

62 years

Source Of Wealth

Retail

Industries

Fashion And Retail

Citizenship

Russia

Residence

St. Petersburg

Education

Bachelor of Science in Engineering, Leningrad Meteorological Institute

Andrey Rogachev was born on January 17, 1964, in Tula, Russian SFSR, USSR. Not much is known about his early years and childhood.

Andrei Rogachev: Family

Andrey Rogachev is divorced and has two children.

Andrei Rogachev: Career Highlights

Andrey Rogachev is a Russian entrepreneur known as the "father of Russian retail." He is the co-owner of the food trading platform AGRO24 and the retail chain Vernii. Rogachev is also the former co-owner of the electronic payment system Spacard and the retail chain Pyaterochka. He was the ex-co-owner and director of X5 Retail Group.

Andrei Rogachev: Companies

Andrey Rogachev has been involved with several companies throughout his career. He created the Environmental Control Laboratory (LEK) in 1989. In 1991, he developed the electronic payment system Spacard and software for trading operations. In 1998, he registered Agrotorg LLC with partners. In 2012, he founded Verny, a chain of discounter stores. In 2017, he launched the Food Trading Platform AGRO24 with Alexander Volchek.

Andrei Rogachev: Major Achievements

Andrey Rogachev is credited with several major achievements in the Russian retail industry. He is considered the founder of the Pyaterochka retail chain, which became one of the largest grocery retailers in Russia. He also played a key role in the merger of Pyaterochka with Perekrestok to form X5 Retail Group, which became the largest food retailer in Russia.

Andrei Rogachev: Awards & Achievements

Andrey Rogachev has received several awards and recognitions for his contributions to the Russian retail industry. He was named "Entrepreneur of the Year" by Ernst & Young in 2004. He was also awarded the Order of Friendship by the Russian government in 2006.

Andrei Rogachev: Personal Life & Legacy

Andrey Rogachev is divorced and has two children. He is known for his philanthropic activities and has supported various charitable causes. He is also an avid art collector and has a collection of Russian paintings.

Andrei Rogachev: Trivia

Andrey Rogachev is a fan of the Russian football club FC Zenit Saint Petersburg.

He is also a licensed pilot and enjoys flying.

Wealth History

Timeline

January 17, 1964

Andrey Rogachev was born in Tula, Russian SFSR, USSR.

1986

Graduated from Leningrad Hydrometeorology Institute with a major in Hydrology.

1989

Created the Environmental Control Laboratory (LEK).

1991

Developed electronic payment system Spacard and software for trading operations.

1998

Registered Agrotorg LLC with partners.

1999

Opened the first Pyaterochka store in St Petersburg.

2001

Pyaterochka entered Moscow.

2006

X5 Retail Group formed after merger with Perekrestok.

2008

Rogachev left X5's Board.

2011

Sold 11.14% of X5 shares for approximately $1.38 billion.

2012

Founded Verny, a chain of discounter stores.

2017

Launched Food Trading Platform AGRO24 with Alexander Volchek.

Andrei Rogachev : FAQs

What is Andrei Rogachev's net worth?

As of 2011, Andrei Rogachev's net worth was $1.20 billion.

What are Andrei Rogachev's main sources of wealth?

Andrei Rogachev's main source of income comes from Retail.

In which industry does Andrei Rogachev primarily operate?

Andrei Rogachev is primarily involved in the Fashion And Retail industry.

What is Andrei Rogachev educational background?

Andrei Rogachev holds a Bachelor of Science in Engineering from Leningrad Meteorological Institute.

How old is Andrei Rogachev?

Andrei Rogachev is 62 years old.

How many children does Andrei Rogachev have?

Andrei Rogachev has 2 children.

Who is Andrey Rogachev and why is he significant in Russian retail?

Andrey Rogachev, born on January 17, 1964, in Tula, Russian SFSR, USSR, is a prominent Russian entrepreneur known as the 'father of Russian retail.' He is the co-owner of the Food trading platform AGRO24 and the retail chain Vernii. Rogachev is also recognized for his former roles as co-owner of the electronic payment system Spacard and the retail chain Pyaterochka, as well as his position as ex-co-owner and director of X5 Retail Group.

Can you outline Andrey Rogachev's career path in the retail and technology sectors?

Andrey Rogachev's career began in 1989 when he created the Environmental Control Laboratory (LEK). In 1991, he developed the electronic payment system Spacard and software for trading operations. By 1998, he registered Agrotorg LLC with partners and opened the first Pyaterochka store in St Petersburg in 1999. Pyaterochka expanded to Moscow in 2001. In 2006, Rogachev played a pivotal role in forming X5 Retail Group through a merger with Perekrestok. He left X5's Board in 2008 and sold his shares in 2011. In 2012, he founded Verny, a chain of discounter stores, and in 2017 launched AGRO24 with Alexander Volchek.

What are the goals and business model of AGRO24?

AGRO24, launched by Andrey Rogachev in 2017 alongside Alexander Volchek, aims to connect suppliers, retailers, and dealers for commercial transactions. Its business model is similar to that of Bloomberg and Alibaba Group's 1688.com, with aspirations to achieve a total value of $2.8 billion akin to the mobile application Meicai.

What is known about Andrey Rogachev's personal life?

Andrey Rogachev is divorced and has two children. Despite his significant achievements in the business world, details about his personal life remain relatively private.