Mindaugas Marcinkevičius's Biography

Mindaugas Marcinkevičius is one of Lithuania's most influential businessmen and a prominent billionaire in the Baltic region. Born on June 12, 1970, Marcinkevičius made his mark in the early 1990s by co-founding the VP Group, which later evolved into Maxima Group, the largest retail conglomerate in the Baltics. Under his guidance, Maxima expanded rapidly, dominating the supermarket sector in Lithuania, Latvia, and Estonia. He is also known for his significant investments in commercial real estate through Akropolis Group and for holding minority stakes in various Baltic enterprises. Educated at Vilnius University with a degree in economics, Marcinkevičius is celebrated for his strategic vision and business acumen. Despite occasional controversies, particularly in relation to shareholder disputes, he remains a respected figure in Lithuania's business community. Marcinkevičius is passionate about retail innovation, philanthropy, and the economic development of the Baltic region. When not spearheading new ventures, he enjoys sailing, playing tennis, and collecting art—a hobby that has earned him recognition as an avid art collector. With an estimated net worth of $1.5 billion in 2024, his success story continues to inspire aspiring entrepreneurs across Eastern Europe.