2019.09.30 11:00

Maxima supermarket chain owner tops Lithuania's rich list with €2bn

BNS2019.09.30 11:00

Nerijus Numavičius, the majority shareholder of Vilniaus Prekyba that owns the Maxima supermarket chain, is the richest businessman in Lithuania, according to the country's rich list compiled by news website.

Further down the list are Mindaugas Raila, board chairman of Girteka Logistics, and the owner of MG Baltic Darius Mockus.

Numavičius' wealth is valued at 1.925 billion euros. He has increased his shareholding in Vilniaus Prekyba from 37 percent to 77 percent over the past decade.

Raila, whose assets are valued at 907 million euros, holds a 90-percent stake in ME Investicija which controls the transport services group Girteka.

The wealth of Darius Mockus, the sole shareholder of the holding group MG Baltic, is estimated to be 400 million euros.

Further down the list are Augustinas Rakauskas with 270 million euros, Vladas Numavičius with 263 million euros, Mindaugas Marcinkevičius with 255 million euros, Dainius Dundulis with 252 million euros, Lyda Lubienė with 208 million euros, Artūras Rakauskas with 178 million euros and Žilvinas Marcinkevičius with 160 million euros. and the Reitingai magazine compiled the list with the help of financial analysts and auditors.

Gintaras Sarafinas, the magazine's editor-in-chief, notes that Lithuania's rich list differs from similar global lists in that it is mostly topped by people with holdings in trade businesses rather than manufacturing and industry.

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