Sergei Studennikov
# Sergei Studennikov

Sergei Petrovich Studennikov (1966/1967) is a Russian billionaire businessman, the founder and owner of the discount liquor store chain Red&White.

## Early life

Studennikov was born into a poor family in the village of Levokumsky, and grew up in the town of Bakal.

## Career

Studennikov opened his first liquor store in Chelyabinsk.

As of October 2018, Red&White has 6,700 outlets, and is the "fastest-growing major retailer" in Russia.

As of October 2018, Bloomberg LP estimated Studennikov's net worth at over US$1 billion.

