Sergei Petrovich Studennikov (1966/1967) is a Russian billionaire businessman, the founder and owner of the discount liquor store chain Red&White.

Sergei Studennikov
Sergei Studennikov
Born1966 or 1967 (age 56–57)
Levokumsky, USSR (now Russia)
NationalityRussian
Occupationbusinessman
Known forFounder and owner of discount liquor store chain Red&White

Early life edit

Studennikov was born into a poor family in the village of Levokumsky, and grew up in the town of Bakal.[1]

Career edit

Studennikov opened his first liquor store in Chelyabinsk.[2]

As of October 2018, Red&White has 6,700 outlets, and is the "fastest-growing major retailer" in Russia.[2]

As of October 2018, Bloomberg LP estimated Studennikov's net worth at over US$1 billion.[2]

References edit

  1. ^ "- $". adm-spasskoe.ru. Retrieved 3 October 2018.
  2. ^ a b c Khrennikov, Ilya; Sazonov, Alexander (1 October 2018). "Russia's Newest Billionaire Made a Fortune From Cheap Booze". Bloomberg LP. Retrieved 3 October 2018.