- Tatyana Bakarchuk is Russia's richest woman, with an estimated net worth of $7.4 billion.
- She founded Wildberries, an e-commerce retailer that sells a wide range of products and acts as a Russian version of Amazon.
- Bakarchuk is developing a payments platform to bolster Russia's economy amid international sanctions.
In 2004, Tatyana Bakarchuk spent $700 to create a website for Wildberries, an e-commerce business she started in her Moscow apartment while on maternity leave.
Today, Wildberries is considered Russia's version of Amazon, a fast-growing online retailer that is expected to hit $6 billion in revenue in 2023, and Bakarchuk is Russia's richest woman, Bloomberg reports.
But despite her vast wealth, the 48-year-old Bakarchuk appears to keep a low profile and live a frugal life – she reportedly does not own a home, opting to rent.
Here's how Bakalchuk made his fortune and spent it.