The owner of the Svetofor chain, Schneider, became a dollar billionaire – Kommersant
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The owner of the Svetofor discount stores, Sergei Schneider, has become a dollar billionaire, writes Forbes. The publication estimates the businessman’s fortune at $1.4 billion.
According to the Infoline agency, at the end of 2023, Svetofor’s revenue increased to 400 billion rubles. According to Forbes calculations, in 2021–2022, the group’s companies paid their owners about 14 billion rubles. dividends before taxes.
Sergey Shnaider is the founder and main co-owner of the Svetofor retail chain. Shares in the companies included in the group are owned by his brother Andrei, as well as their mother Valentina and father Ivan. Forbes notes that the family is “absolutely non-public” and the Schneiders have not yet given a single interview.
The slow opening of new stores has affected the revenue dynamics of FMCG retailers in 2023. According to Infoline, the revenue of the ten largest players increased by 14.1%, to 9.1 trillion rubles, against growth of 21.3% a year earlier. In 2024, the expected slowdown in food inflation may put pressure on the average bill, analysts say.
Details – in the publication “Kommersant” “Trade in stores is dying down”.
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