Greece's wealthiest man celebrates his birthday in Chania 3

Greece’s wealthiest man Filaretos Kaltsidis (also known by his Russian name Filaret Galchev) is spending his birthday today in Chania, where his super yacht Sapphire has been spotted at the beach of Agion Apostolon.

Kaltsidis, who turns 54 today arrived in Crete from Messinia on his luxury yacht, to celebrate his special day at one of his most beloved destinations.

 The Greek entrepreneur, who holds both Greek and Russian citizenship is currently worth $1.42 billion (according to Forbes). He got his start in coal, but made the bulk of his fortune in cement, buying plants from Stern Cement and from Inteko, the construction company owned by Russia’s richest woman, Elena Baturina.

His Eurocement Group is one of Russia’s largest cement producers. In February 2016, Galchev lost his 6.2% stake in the world’s largest cement producer, LafargeHolcim, as a result of margin call.

Greece's wealthiest man celebrates his birthday in Chania 4

Filaretos Kaltsidis was born on May 26th, 1963, in the village of Tarson in Georgia. In 1991, he graduated the Moscow Mining Institute as mining engineer-economist and began working in the coal industry, as an expert in his doctorate’s subject on coal market development in Russia.

In 2011, he was named Person of the Year by CemWeek, as the most influential man in the cement industry in Russia.

He’s member of the Mining Science Academy and the International Energy Academy. He has authored 22 books and on October 20th, 2004, he was positioned as a Professor at the Economics and Mining Planning Department of Moscow State Mining University.

Since 2000, Kaltsidis is Chairman of the Board of Directors of CJSC Rosuglesbyt and Chairman of the Board of Directors of the Krasnoyarsk Coal company. Since 2002, he’s also Chairman of EUROCEMENT and Chairman of the Board of Directors of EUROCEMENT Group.

Kaltsidis’s Eurocement Holding AG is Russia’s largest producer of cement, with annual production capacity of 38 MT, expected to raise up to 50 MT in the near future according to corporate plans.

Kaltsidis resides in Russia, however every summer he makes his way over to Greece, where he spends the majority of his time on the Messinian Gulf on his luxury yacht Zapphire one of the best 75m yachts in the world.

Galchev adores Messinia and in January 2013, he donated the amount of €55,000 to the Municipality of Kalamata for the restoration of the Municipal Theatre building.

He is married and has one daughter and a son.

*Photo credit:


GCT Team

This article was researched and written by a GCT team member.