Nerijus Numavicius
Fashion & Retail

Nerijus Numavicius Net Worth

7 months ago

Nerijus Numavicius is a successful Lithuanian businessman who runs the Vilniaus prekyba group, a holding company that owns retail and pharmacy chains in the Baltic states, Poland and Bulgaria. He began his business career in partnership with his two brothers and six university friends, investing in real estate and later in post-Soviet Russia. In 2010, Numavicius consolidated his majority stake in VP group, leading to a dispute with his brother Julius, who is now suing VP group for more than $150 million. The group is now looking to expand in Europe, scouting shopping centers in Ireland.
Nerijus Numavicius is a member of Fashion & Retail

Age, Biography and Wiki

Birth Day May 12, 1967
Birth Place Vilnius, Lithuania, Lithuania
Age 56 YEARS OLD
Birth Sign Gemini
Residence United Kingdom, London
Years active 1990–present
Spouse(s) Lina Numavičienė (m. 1996; div. 2008) Kaetana Leontjeva (m. 2015)
Children 2

💰 Net worth: $1 Billion (2024)

Nerijus Numavicius, a prominent figure in Lithuania's fashion and retail sector, is projected to have a net worth of $1 billion by 2024. With an exceptional entrepreneurial spirit, Numavicius has become one of the most successful businessmen in the country. As the founder of Vilniaus Prekyba, the largest retail group in the Baltic states, his business empire has expanded to include a wide range of fashion and retail brands. Through strategic investments and shrewd management, Numavicius has built an impressive fortune, solidifying his reputation as a prominent player in Lithuania's business landscape.

2014 $1 Billion
2015 $1 Billion
2018 $1.01 Billion

Biography/Timeline

1992

The first capital was gained by selling real estate in Lithuania. The received money was successfully invested in various company stocks. In 1992, together with friends and his two brothers, he established Urdzia, a small Retail firm in Vilnius. Later, in 1994 Vilniaus prekyba was established by 9 partners, merging 7 various and different size Retail stores. The new era of mega-retail Business in Lithuania has begun.

2001

Nerijus Numavičius was born in Šilalė, a small town in Lithuania, the eldest of six children: three brothers and three sisters. Later the family moved to Šilagalys (near Panevėžys). He graduated from Panevėžio „Žemynos“ progimnazija. In 2001, Numavičius earned bachelor's degree in medical sciences from the Faculty of Medicine of Vilnius University, where he studied public health.

2015

Forbes magazine included Nerijus Numavičius in The World's Billionaires 2015 list and his net worth was valued above EUR 1 billion. He was the first Billionaire on this list in the Baltic states.

2016

In 2016, Lithuania got first university endowment fund and Nerijus Numavičius became a donor and a board member of Vilnius University Endowment in 2017.

2017

According to a study carried out by the investment bank Prudentia and stock exchange Nasdaq Riga (Riga Stock Exchange), the value of Maxima Group was totaling 1.62 billion and increased by 26% in 2017 (YOY)

Tags Businesspeople from Vilnius 1967 births Living people Commander's Crosses of the Order for Merits to Lithuania Vilnius University alumni People from Šilalė European business biography stubs Lithuanian people stubs

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.