Vladas Numavičius's Biography

Vladas Numavičius is a prominent Lithuanian billionaire, best known as a co-founder of the Maxima Group, one of the largest retail chains in the Baltic region. Born on March 6, 1967, in Lithuania, Numavičius studied law at Vilnius University before venturing into business. His first major breakthrough came when he co-founded Vilniaus prekyba in the mid-1990s, which eventually evolved into the retail giant Maxima Group. Under his leadership, Maxima expanded rapidly across Lithuania, Latvia, Estonia, Poland, and Bulgaria, becoming a household name and a key player in Central and Eastern European retail. Known for his strategic vision and low public profile, Vladas has diversified his investments into real estate and technology startups, further solidifying his position among the wealthiest individuals in the Baltics. Despite stepping back from daily operations, he remains influential in shaping the region’s economic landscape. Numavičius is recognized for his philanthropy and keen interest in promoting economic development in Lithuania. As of 2024, his estimated net worth is $1.7 billion, making him a notable figure in European business circles.