Who is the richest person in Romania?
Romania, a country steeped in history and culture, is home to various industries and enterprises.
Amidst the vast landscape of Romanian commerce, several individuals have risen to the top, amassing fortunes that place them amongst the richest in the country.
This article details the successes of these luminaries of wealth, revealing the stories behind their extraordinary fortunes.
Dan Ostahie was born in Piatra Neamț and graduated from Petru Rareş high school.
In 1992, Ostahie started a new venture, Altex Romania, which would grow to become one of Romania’s largest electronics and home appliances retailers.
In 2000, The Altex Group was born (alongside Credex Finantari IFN and Cometex) and reached 62 stores and a turnover of $25 million at the end of 2002.
In 2018, the company exceeded 4,000 employees nationally.
Dan Ostahie has a net worth of $360 million.
Zoltan Teszari, also known as the “faceless billionaire,” is a Romanian businessman who entered the business world after the 90s.
He’s the owner of RCS&RDS. “I want to transform RCS into the most important communications group in Romania,” Teszari said in 2002.
Zoltan Teszari has a net worth of $390 million.
Alin Niculae owns the largest independent diesel distributor in Romania, Oscar Downstream. He founded the company in 2001.
In 2009, the company recorded a business of $220 million and a profit of $40 million in 2020. In 2021, Oscar Downstream had an almost 85% increase in business.
Another important revenue stream for Alin Niculae and his family is real estate. In 2018, Niculae created the Cloud 9 complex in Pipera. Also, he is a significant shareholder in Onix Asigurări.
Alin Niculae has a net worth of $400 million.
Iulian Stanciu, CEO and shareholder of the online retailer eMag, is one of Romania’s most successful investors, entrepreneurs, and managers.
He created the Asesoft company as a fourth-year student at the Faculty of Cybernetics. “I started at the end of the 90s in the field of computers, but my first attempts to sell something, trade or produce something were somewhere around 13 years old,” Iulian revealed in an interview.
Since April 2009, it has taken over 51% of the shares of the online retailer eMAG. The eMAG group had revenues of 2.3 billion dollars in fiscal year 2022.
“I like determined people, who want to build and who have energy,” Stanciu said in a 2016 interview.
He made his first million dollars at the age of 28.
Iulian Stanciu has a net worth of $420 million.
Iulian Dascălu is a Romanian businessman who was born on July 21, 1969, in Iasi.
“I went on the road in the business world at the beginning of the 90s, when I invested my personal savings in a chain of stores specializing in shoes,” Iulian explained in an interview.
Dascălu owns the Iulius Group, which includes the chain of shopping centers Palas Mall and Iulius Mall. Initially, Iulian went into business with a few thousand dollars from family and friends.
“The turning point in the evolution of the Iulius group was the year 2000, when in April we inaugurated the first mall outside Bucharest in Iasi,” Dascălu said.
In addition to business with malls, he also made some complex real estate investments.
He has been married to Anca Dorina Dascălu since 2007.
Iulian Dascălu has a net worth of $450 million.
Victor Căpitanu and Andrei Diaconescu are the majority shareholders of the real estate developer One United Properties.
Andrei Diaconescu holds an EMBA from ASEBUSS, and Căpitanu is a Faculty of Banking Finance graduate.
The first land purchased by Căpitanu and Diaconescu was opposite the first Carrefour hypermarket in Romania, in Militari.
“We only buy what we can develop, because we don’t want to stay with the land,” Andrei Diaconescu said.
In 2005, Victor and Andrei, together with Doru Lionăchescu, founded Capital Partners. In 2016, Capital Partners was taken over by Banca Transilvania.
Victor Căpitanu and Andrei Diaconescu have an estimated net worth of $600 million.
Anca Vlad is the patron of Catena Pharmacies. She is a majority shareholder in Ideamed, Medical Services United, Farmaceutica Argesfarm, and Fildas Trading. The Fildas-Catena Group has over 8,000 employees.
Vlad graduated from the high school “C.A. Rosetti” in Bucharest, with teaching in English. She started working as a guide and translator while still in college. In 1987, Anca got a job at the Chamber of Commerce of Romania.
“My personal and professional achievements took shape during a period of strong crisis, in the 90s, when inflation reached 270%, banks went bankrupt one after another, and state companies disappeared,” she said.
Anca Vlad has a net worth of $650 million.
Anastasia Soare is a Romanian-American businesswoman who made her fortune by founding and managing the company Anastasia Beverly Hills, a cosmetics company best known for its eyebrow products.
All the supermodels of the 90s passed through her hands, such as Stephanie Seymour, Naomi Campbell, Cindy Crawford, but also Jennifer Lopez, and other famous actors and actresses.
Anastasia Beverly Hills was founded in 1997. Their products are sold in more than 25 countries. Her daughter, Claudia Soare, was also actively involved in the eyebrow business.
She was married to Victor Soare.
Anastasia Soare is the richest woman in Romania. She has a net worth of $700 million.
Ștefan Vuza is the president of the industrial group Serviciile Comerciale Romane and the majority shareholder of Chimcomplex. In 2018, he acquired the assets of Oltchim.
He is a lawyer by profession but has numerous specialized studies in the economic field.
Vuza occupies first place in the ranking of the 100 largest shareholders on the Bucharest Stock Exchange. His first job with a work permit was that of a lodger in the Moldavian resort of Durău.
Vuza explained why he chose the chemical industry as a field of activity — “I think that everyone should act only in the field that they know and are good at. Obviously, we can afford any field, but we still don’t enter. We won’t go into agriculture and real estate. We stay in the industry. That’s what we know how to do, that’s what we do.”
Ștefan Vuza has a net worth of $950 million.
Florin Talpeș is the CEO and president of Bitdefender, which produces the antivirus of the same name, recognized as the number one business solution worldwide. The company has offices in 11 countries around the world.
“Life gives you enough opportunities to make a lot of mistakes,” Talpeș said about his life philosophy. “Success is not obtained from successes, success is obtained from failures.”
Măriuca gets more involved in another family company, Intuitext. This company provides educational software products.
Florin and Măriuca Talpeș have a net worth of $950 million.
Adrian Pavăl is one of the owners of Dedeman.
Dedeman appeared in 1992 in Bacău, and was, in the beginning, a boutique of 16 square meters. It sells everything from chewing gum to juices to nail polish and slippers.
Meanwhile, Dedeman has become the largest entrepreneurial company in Romania, with over 12,000 employees who are at the disposal of customers.
In 2020, Dedeman made a record profit of $750 million.
“It took us ten years to develop the business from a small store to a 4,000 square meter store format,” Dragos Pavăl said.
Adrian Pavăl has a net worth of $1 billion.
Ion Stoica is co-founder of Databricks and executive chairman of the Board of Directors. Stoica is a graduate of the Polytechnic University of Bucharest.
Matei Zaharia is the chief technologist and co-founder of Databricks.
Databricks reached a valuation of $38 billion in 2021.
Ion Stoica and Matei Zaharia have a net worth of $1.6 billion.
Daniel Dines is a Romanian entrepreneur who was born in January 1972 in Bacău.
In 2001, Dines moved to New York, the United States, and got a job at Microsoft.
A few years later, he was back in Romania and founded the tech company, DeskOver. This would later become UiPath.
UiPath has a market cap of $9.49 billion.
Daniel Dines has a net worth of $1.65 billion.
Dragoş Pavăl is the director and main shareholder of the Dedeman company. He is the eldest of the family’s eight brothers.
Dragos Pavăl has a net worth of $1.7 million.
Ion Țiriac is a former Romanian athlete who was the first Romanian whose fortune crossed the one billion dollar barrier on Forbes’ rich list. He’s the owner of magnificent business empires, including Țiriac Holdings, which offers financial services and vehicle leasing, and Țiriac Collection.
From 1984 to 1993, Țiriac was Boris Becker’s manager. Țiriac is a good friend of Ilie Nastase. Țiriac was the winner of one grand slam title (French Open). He often had words of advice for Novak Djokovic, Roger Federer, or Serena Williams.
“The value of a businessman is not in how much money he has, but in the access, he has to money,” the former tennis player once said.
Ion Țiriac has an estimated fortune of $2 billion, up from $1.6 billion in 2022. He’s one of Europe’s wealthiest individuals, especially in Eastern Europe.
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