Nerijus Numavicius Net Worth

The first capital was gained by selling real estate in Lithuania. The received money was successfully invested in various company stocks. In 1992, together with friends and his two brothers, he established Urdzia, a small Retail firm in Vilnius. Later, in 1994 Vilniaus prekyba was established by 9 partners, merging 7 various and different size Retail stores. The new era of mega-retail Business in Lithuania has begun.

Nerijus Numavičius was born in Šilalė, a small town in Lithuania, the eldest of six children: three brothers and three sisters. Later the family moved to Šilagalys (near Panevėžys). He graduated from Panevėžio „Žemynos“ progimnazija. In 2001, Numavičius earned bachelor's degree in medical sciences from the Faculty of Medicine of Vilnius University, where he studied public health.

Forbes magazine included Nerijus Numavičius in The World's Billionaires 2015 list and his net worth was valued above EUR 1 billion. He was the first Billionaire on this list in the Baltic states.

In 2016, Lithuania got first university endowment fund and Nerijus Numavičius became a donor and a board member of Vilnius University Endowment in 2017.

According to a study carried out by the investment bank Prudentia and stock exchange Nasdaq Riga (Riga Stock Exchange), the value of Maxima Group was totaling 1.62 billion and increased by 26% in 2017 (YOY)