Tuesday, April 7, 2026

Richest Woman in Russia Faces Family Feud Amid Business Deal

Financial News

Tatyana Bakalchuk, 48, the founder and CEO of Wildberries and the wealthiest woman in Russia, is engaged in a public dispute with her husband over a company merger.

She is a self-made entrepreneur who turned an internet shopping mall she started during maternity leave into Russia’s largest e-commerce company. She is also of Korean descent, having the surname Kim before marriage.

According to Russian media outlet RBC, on July 24, Bakalchuk made a statement on her social media the previous day regarding her conflict with her husband, Vladislav Bakalchuk.

In her statement, she expressed, “I wonder for what purpose Vladislav is misleading people with manipulated stories,” and revealed that she had started divorce proceedings.

Tatiana Bakalchuk holds 99% of the shares in Wildberries, while her husband owns the remaining 1%.

In June, her husband claimed that the merger between Russia’s largest outdoor advertising company, Russ Outdoor, and Wildberries was disadvantageous to Wildberries.

In an interview with RBC, he asserted, “The management of Russ is manipulating Tatyana,” He added, “Wildberries has also been hit hard, with a significant slowdown in sales growth.”

In response, Bakalchuk refuted her husband’s claims, expressing disappointment that he would publicize their personal matters. She emphasized, “I am doing well with all seven of my children.”

According to Forbes, Bakalchuk’s net worth amounts to $12.9 billion.

She worked as an English teacher when she founded Wildberries on maternity leave in 2004. She expanded her business by posting photos of German clothing on a website and receiving online orders from people who did not have time to shop, such as women caring for children.

Wildberries reportedly experienced explosive growth, receiving 1.5 billion orders in 2022 alone, coinciding with Putin’s invasion of Ukraine.

Last year, Wildberries, often referred to as the Amazon of Russia, generated sales of $29 billion.

Hot this week

Unlocking the Power of Intel Core Series 2: A Comprehensive Guide to Edge AI Solutions

Intel unveils Core Processor Series 2 and AI suite for healthcare, enhancing edge computing performance and reliability in industrial settings.

Samsung’s Record R&D Investment: How it is Shaping the Future of AI and Semiconductors

Samsung Electronics invested a record $25.33 billion in R&D to lead in AI and semiconductors, boosting its future tech capabilities.

How Rising Fuel Prices Impact Asian Airlines: A Comparison of FSC vs. LCC

Low-cost carriers are struggling to cope with rising fuel prices, lacking effective hedging strategies unlike major airlines.

SK Group Invests 630 Million USD AI Company

SK Group invests heavily in AI, aiming to transform into a leader in the AI market through a new U.S. investment firm.

Nvidia’s Jensen Huang Predicts 1000x Surge in AI Computing Demand

Nvidia's CEO highlights surging AI computing demand due to AI agents like OpenClaw, boosting memory chip demand from firms like Samsung.

Topics

Unlocking the Power of Intel Core Series 2: A Comprehensive Guide to Edge AI Solutions

Intel unveils Core Processor Series 2 and AI suite for healthcare, enhancing edge computing performance and reliability in industrial settings.

Samsung’s Record R&D Investment: How it is Shaping the Future of AI and Semiconductors

Samsung Electronics invested a record $25.33 billion in R&D to lead in AI and semiconductors, boosting its future tech capabilities.

How Rising Fuel Prices Impact Asian Airlines: A Comparison of FSC vs. LCC

Low-cost carriers are struggling to cope with rising fuel prices, lacking effective hedging strategies unlike major airlines.

SK Group Invests 630 Million USD AI Company

SK Group invests heavily in AI, aiming to transform into a leader in the AI market through a new U.S. investment firm.

Nvidia’s Jensen Huang Predicts 1000x Surge in AI Computing Demand

Nvidia's CEO highlights surging AI computing demand due to AI agents like OpenClaw, boosting memory chip demand from firms like Samsung.

How Samsung’s Galaxy S26 Series Leverages India’s R&D for Innovation

Samsung's R&D centers in India are key to developing the Galaxy S26, highlighting India's role in global tech innovation.

GPT-5.4 vs. GPT-5.2: What Makes OpenAI’s Latest Model a Game Changer?

OpenAI launched GPT-5.4, an AI model enhancing professional tasks with improved coding, reasoning, and tool integration capabilities.

Apple MacBook Air M5: Is the Price Increase Worth the AI Performance Boost?

Apple launches the MacBook Air with M5 chip, doubling storage and enhancing AI capabilities, starting from 1,223 USD.

Related Articles