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3040
In the world , as of 24 Feb 2026
Andrei Krivenko

Andrei Krivenko

A. Krivenko
$1.11 B ₹ 10,222 Cr
Real Time Net Worth #3040 Ranking as of 24 Feb 2026 By Forbes

More on Andrei Krivenko

Gender

Male

Age

51Y

Country

Russia

Born On

January, 1975

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Retail)

Primary Organization

VkusVill

Titles

Founder

Sources of Wealth

VkusVill

Industry

Retail, Food & Beverage

About Andrei Krivenko


A ndrei Krivenko is a Russian retail entrepreneur who founded and owns VkusVill, a fast-growing chain of grocery stores specializing in fresh and healthy foods. A physicist by training, Krivenko started his career in finance before deciding to venture into the food retail business. He launched his first small dairy store in Moscow, which evolved into the VkusVill concept in 2012.

The company's success is built on a unique business model that focuses on providing high-quality, natural food products with short shelf lives and clean labels, a concept that resonated strongly with health-conscious urban consumers in Russia. VkusVill operates a network of hundreds of smaller-format stores and has invested heavily in technology and logistics to manage its fresh food supply chain. Krivenko has built a major retail brand by catering to a niche that was underserved by the large, traditional supermarket chains, becoming a rare self-made billionaire in Russia's consumer sector.

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Quick Reads


  • Founder and main owner of the Russian healthy food retail chain VkusVill.
  • The company specializes in fresh, natural food products with a focus on quality.
  • Started the business as a small dairy shop before launching the VkusVill brand in 2012.
  • The chain has grown rapidly, with hundreds of stores, primarily in Moscow.
  • He is a physicist by training and previously worked in finance.

Early Life and Background


Born in 1971, Andrei Krivenko is a self-made Russian billionaire and the revolutionary founder of the organic grocery chain VkusVill (TasteVille). His early life was characterized by intense intellectual rigor: he was accepted into the prestigious Moscow Institute of Physics and Technology (MIPT) in 1992, one of Russia’s top technical universities.

Recognizing the need for business acumen in the post-Soviet market, he simultaneously enrolled at the Plekhanov Russian University of Economics to study audit and accounting, a dual-track education that merged scientific precision with financial management. Despite graduating in 1999, Krivenko initially had no entrepreneurial plans, instead working as an analyst and quickly rising to Financial Director at a major Russian seafood distributor. His entrepreneurial pivot was driven not by ambition, but by necessity and a profound personal dissatisfaction with the quality of food available in Moscow's new market economy.

Career Journey of Andrei Krivenko


Andrei Krivenko’s entrepreneurial journey began unexpectedly in 2008. After leaving his financial job and being unable to find new employment during the financial crisis, he used his personal savings of about $30,000 to launch his own food retail chain. His first concept, named 'Izbenka,' was radical: a small network of stores focused only on selling fresh, natural dairy products sourced directly from local, small producers outside Moscow, with a simple, 'honest' ingredient list and a short shelf life.

This focus on quality and transparency was a huge hit with Moscow consumers. In 2012, he expanded the concept into a full supermarket chain, renaming it VkusVill. The key innovation of VkusVill was its complete disruption of the Russian retail model: it prioritized locally sourced, sustainable food, built a reputation for having no preservatives, and employed a customer-centric model of rapid product feedback. This strategy quickly propelled VkusVill to become one of Russia's top 10 food retailers with over 1,000 stores, positioning Krivenko as a market revolutionary and a billionaire built on trust and consumer health.

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Andrei Krivenko's Timeline


1971:

Born.

1992:

Accepted into the Moscow Institute of Physics and Technology (MIPT).

1999:

Graduates from MIPT and Plekhanov University (audit/accounting).

2008 (Late):

Uses $30,000 in savings to open the first 'Izbenka' store, focusing on natural dairy.

2012:

Launches the full-scale supermarket chain, VkusVill.

2020s:

VkusVill expands to over 1,000 stores, becoming one of Russia’s top 10 food retailers.

Ongoing:

Continues to guide the company's expansion, driven by its local sourcing and no-preservative philosophy.

Major Business Ventures and Investments


Andrei Krivenko’s massive wealth is concentrated in his controlling ownership of the private, fast-growing Russian grocery chain, VkusVill.

  • VkusVill (Founder & Controlling Owner): The primary asset, operating over 1,000 stores across Russia. The chain is defined by its vertically integrated approach, working directly with local producers to offer natural, short shelf-life dairy, produce, and grocery items.
  • Izbenka: The original, smaller retail concept focused exclusively on dairy products, which provided the proof of concept and foundational capital for the larger VkusVill expansion.
  • Innovative E-commerce and Logistics: Krivenko’s engineering background has driven VkusVill to be a technological leader in Russian retail, with a highly efficient e-commerce platform and rapid delivery system.

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Philanthropy and Social Impact


Andrei Krivenko’s social impact is intrinsically linked to his business philosophy: improving the daily health and well-being of the Russian consumer through honest, high-quality food. VkusVill created a new domestic standard for transparency and freshness in a market saturated with processed foods.

The company supports a vast network of local, small-scale producers by providing a stable, high-volume market for their natural products, offering an economic uplift to rural and suburban communities surrounding Moscow. Furthermore, the company is known for its employee-first culture and high operational efficiency, setting a benchmark for modern corporate practices in Russian retail. His revolution in food retail is often cited as a major contribution to public health and conscious consumerism in the nation.

Fashion, Style, and Lifestyle


Andrei Krivenko maintains a pragmatic, highly intellectual, and anti-glamour style. As a physicist-turned-grocer, his attire is often simple, comfortable, and functional, reflecting the hands-on nature of managing a retail operation with a complex supply chain. He avoids the ostentation of his peers, preferring to embody the accessible, trustworthy image of the VkusVill brand.

His lifestyle is dedicated to his company's operational excellence and his philosophical commitment to 'honest food.' His travel is focused on inspecting production facilities and optimizing logistics. His luxury is the strategic freedom to build a successful company based purely on his strict ethical and quality standards, proving that market dominance can be achieved through simplicity and integrity in a high-volume, low-margin sector.

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Quotes and Philosophy


“We don't need marketing; we just need good, honest products.”

“I am a physicist by training, and I believe that the laws of nature—and honesty—are the best business principles.”

“The most important thing is the quality of the product, and that comes from supporting small, local production.”

Fun Facts & Trivia


  • He holds degrees from two universities, including the prestigious Moscow Institute of Physics and Technology (MIPT).
  • He started his first store with only $30,000 of his personal savings.
  • His core business philosophy is 'honest food'—locally sourced, simple ingredients, and no preservatives.
  • His first store concept, Izbenka, only sold dairy products.
  • VkusVill has grown to be one of Russia's top 10 food retailers with over 1,000 locations.
  • He initially became an entrepreneur out of necessity after losing his job as a financial director during the 2008 financial crisis.
  • The company's name, VkusVill, means roughly 'TasteVille,' reflecting its focus on high-quality flavor.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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