Wildberries co-founder and CEO Tatyana Bakalchuk’s fortune has dropped from $7.9 billion to $4.1 billion after the marketplace merged with outdoor advertising operator Russ, US outlet Forbes reports.
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According to the publication, Bakalchuk transferred 35% of the company’s shares, the value of which is estimated at about $3.4 billion. The businessman’s capital was also negatively affected by the weakening of the ruble exchange rate.
Despite the decline in her fortune, Tatyana Bakalchuk remains the richest woman in Russia. In August 2024, she topped the ranking of the 20 richest women in the Russian Federation for the third time.
- In June 2024, Wildberries announced a merger with outdoor advertising operator Russ. The companies then founded a joint venture, RVB LLC, where 65% is owned by Wildberries and 35% by the company Stinn, owner of Russ Outdoor.
- On August 5, Wildberries LLC transferred all rights and obligations arising from agreements for the sale of goods on the wildberries.ru website to the new site operator, RVB LLC.
- The husband of the market founder and owner of 1% of the company, Vladislav Bakalchuk, announced the “acquisition” of Wildberries. He repeatedly tried to prevent the merger.
- On September 18, the conflict between Tatyana and Vladislav Bakalchukov led to a shootout at the Wildberries headquarters in central Moscow. According to the Investigative Committee of Russia, two people were killed and a criminal case was opened. What is known about what happened is in the material of RB.RU.
Author:
Karina Pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
