Billionaire Profile
Alexander Mikhalskiy
Global Rank
#3304

Image: Unsplash Contributor | Unsplash License | via Unsplash

Alexander Mikhalskiy

CEO, Retail
RUSSIA
Real-Time Net Worth
$1.073B
Estimated based on Retail stock value as of April 20, 2026
0% (24h)
Age
66
Source
retail
Industry
Fashion & Retail
Citizenship
RUSSIA

Biography

Alexander Mikhalskiy, born in 1959, is a self-made Russian billionaire with a net worth of $1.32 billion as of March 24, 2026. His wealth stems from his co-founding of Sportmaster Group, Russia's largest sports and fashion retailer, and the fast-fashion retailer Ostin. Mikhalskiy's career is rooted in technology, strategic retail, and entrepreneurial audacity. He is recognized for his management skills, which helped Sportmaster become a leader in its sector in Europe. Mikhalskiy currently resides in Switzerland.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Alexander Mikhalskiy was born in January 1959. He holds a Master of Science in Engineering from the Moscow Institute of Physics and Technology (MIPT), providing a strong analytical foundation that he later applied to the retail sector.

Rise to Success

In the early 1990s, Mikhalskiy and his partners began with a distribution business supplying French consumer goods to the Russian market. They later became the exclusive distributor for the German sports retailer Kettler. The first Sportmaster store opened in 1997.

Mikhalskiy is a co-founder of Sportmaster, Russia's largest sports and fashion retailer. He also co-founded Ostin, a Russian fast-fashion retailer.

Key Business Strategies

Mikhalskiy's success is largely attributed to his strategic vision in the retail sector and his ability to identify and capitalize on market opportunities. His business acumen helped Sportmaster expand across Russia and beyond, creating a vast retail network.

Philanthropy

Specific philanthropy amounts could not be found via search.

Career Milestones

1992

Founded Ilion

Founded Ilion company to supply German Kettler sports simulators to Russia.

1997

Founded Sportmaster Group

Founded Sportmaster Group of companies and opened the first store with the name "Sportmaster".

2003

Created O'STIN brand

Created the O'STIN casual clothing brand.

Philanthropy & Social Impact

Unknown

Unknown

Undisclosed

Philanthropic information unavailable.

Business Philosophy & Leadership

Notable Quotes

"No notable quotes found."

Leadership Principles

Management Skills

Known for his management capabilities.

Controversies & Challenges

2022

Impact of Ukraine War

Sportmaster was forced to sell its Ukrainian subsidiary. Polish stores were also requested to be sold.