Visvaldas Matijošaitis's Biography

Visvaldas Matijošaitis is a renowned Lithuanian billionaire entrepreneur and influential politician. Born on June 23, 1957, in Kaunas, Lithuania, he has made a significant impact both in the business world and public service. As the co-founder and owner of Vičiūnai Group, Matijošaitis turned a modest fish processing business into a global powerhouse specializing in surimi products and seafood, exporting to over 60 countries. His strategic vision and dedication to quality helped the company become one of the largest food processing enterprises in Eastern Europe. In addition to his business acumen, Matijošaitis is widely recognized for his role as the mayor of Kaunas, Lithuania's second-largest city, since 2015. Under his leadership, the city has experienced rapid modernization, infrastructure improvements, and increased foreign investment. His commitment to urban renewal and economic growth has earned him both praise and criticism, the latter stemming from his ongoing business interests in Russia and political controversies. Matijošaitis is known for his philanthropy, notably supporting local community projects and sports initiatives. A graduate of Kaunas University of Technology, he is passionate about fishing, classic cars, and fostering new business opportunities. With an estimated net worth of $700 million in 2024, Visvaldas Matijošaitis remains one of Lithuania's most prominent and dynamic figures in both business and politics.