Billionaire Profile

Global Rank

#2703

Image: Public domain | via Wikimedia Commons

Yuri Karptsov

CEO, DNS Retail

Real-Time Net Worth

$1.3B

As of December 2025

Age

Source

Retail

Industry

fashion-retail

Citizenship

Biography

Yuri Karptsov, a prominent figure in the Russian retail sector, is the co-founder of DNS Retail, Russia's largest chain of consumer electronics stores. His entrepreneurial journey began in 1998 in Vladivostok, alongside fellow billionaire Dmitry Alexeyev. Through strategic expansion, DNS Retail has grown to encompass over 2,700 stores and employs a workforce of approximately 39,000. As of 2024, Karptsov's net worth is estimated to be $1.3 billion, reflecting his success in the retail industry. His career is marked by a consistent commitment to building and expanding DNS Retail, which also has interests in property development and IT. Karptsov's story exemplifies a self-made success, contributing significantly to the Russian economy.

Wealth Over Time

Portfolio Holdings

DNS Group LLC

In-Depth Profile

Early Life

Yuri Karptsov's journey began with a vision to revolutionize the consumer electronics market in Russia. Alongside Dmitry Alexeyev, he embarked on an entrepreneurial venture that would transform the retail landscape.

Rise to Success

In 1998, Karptsov and Alexeyev opened their first store in Vladivostok, a strategic location that served as the initial foothold for their business. The pair expanded their operations in 2005. The key to Karptsov's success was his ability to identify market opportunities and adapt to changing consumer preferences. The company has grown to 2,660 stores throughout Russia as of the end of 2023.

Key Business Strategies

A crucial aspect of DNS Retail's success has been its customer-centric approach. The company has focused on providing a wide range of products, competitive pricing, and convenient shopping experiences. Karptsov and his team have also invested in property development and IT, diversifying their business interests and strengthening their market position. In 2024, DNS revenue reached ₽760.2 billion, a record for the company.

Philanthropy

I'm sorry, but a search for Yuri Karptsov's specific philanthropy amounts did not yield any information.

Career Milestones

1998

Co-founded DNS Retail

Launched the first DNS store in Vladivostok with Dmitry Alexeyev.

2005

Expanded DNS Retail

Opened the second store location, accelerating expansion across Russia.

2024

Record Revenue

DNS revenue reached a record ₽760.2 billion.

Philanthropy & Social Impact

Information unavailable

Business Philosophy & Leadership

Notable Quotes

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Leadership Principles

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Controversies & Challenges

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