Entrepreneur

Alex Radunsky

When I came to America in 1990, my first job was hauling boxes at a produce store for $4 an hour. In late summer 1991, I started my first business, and in 1995 my company’s annual revenue reached $500 million. Over 35 years in business, I built seven companies from scratch across different industries: I created consumer brands, co-owned a Formula 1 team, developed real estate projects, and at 61 launched a healthcare startup in the U.S. Today, at 68, I’m starting another business.

Publications

Press archive

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Kommersant · May 15, 2008

Alex Radunsky moves into development

A former Formula 1 team owner is investing more than $1.2 billion in development

After cigarette distribution and running a Formula 1 team, Alex Radunsky has turned to development. Kommersant has learned that his companies Regency Development and Perga Development, in which the businessman is the principal owner, will build one million square metres of housing and shopping centres in major cities in Russia and Ukraine, investing around $1.2 billion.

Original in Russian
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Kommersant · 2005

A pit stop on Red Square

Moscow hosts the presentation of the Russian Formula 1 team

The first Russian Formula 1 racing team, Jordan, was presented on Vasilyevsky Spusk next to Red Square. Its owners were introduced to the public as well.

Original in Russian
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Kommersant · September 21, 2012

Corrado moves into goat milk

A canned-food producer enters the dairy nutrition market

Kommersant has learned that the canning group Corrado is diversifying its business. The company has entered a market that is new for it — baby food — choosing a specific but fast-growing segment: products based on goat milk.

Original in Russian
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Radiology Business · January 27, 2022

Private equity-backed SimonMed partners with online imaging marketplace Tripment Health

The platform teams with radiology groups, allowing them to list locations, appointment slots and prices to target cost-conscious consumers.

Private equity-backed radiology group SimonMed is partnering with digital healthcare marketplace Tripment Health to list its imaging services on the web in a transparent fashion. With the agreement, New York-based Tripment is adding 160 additional diagnostic imaging centers across 11 states to its network.

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My family and I left the Soviet Union as refugees in August 1989. We spent six months in Austria and Italy waiting for permission to enter the United States. We arrived in America in February 1990. We had to start all over again.

I hauled boxes at a grocery store, delivered pizza, sold shoes, and studied English at night. In 1991, I bought a used car at an auction in the U.S. and sold it in Minsk for about $15,000. It was the first of hundreds of cars I would ship overseas — and the start of my first business in America. Over the next three decades, I built companies in international trade, food products, autosport, real estate, and healthcare.

Timeline

Key milestones

1958 Born in Minsk, USSR.
1965–1975 SchoolSchool No. 42, Minsk.
1975–1980 Belarusian Polytechnic Institute
1989 My family and I left the Soviet Union as refugees and were stripped of our citizenship. We spent six months in Austria and Italy waiting for permission to enter the United States.
1990 Starting overWe arrived in the United States in February. My first jobs paid about $4 an hour.
1991–1993 Bud Trading LTDFounder and president. Started by selling a used car, then shipped cars from the United States to the former Soviet Union, and imported and exported Italian furniture, clothing, footwear, and electronics.
1992–2000 Terra USACo-founder and president. One of the largest distributors for Philip Morris, Kraft General Foods, and R.J. Reynolds in the CIS. By 1995, annual revenue reached $500 million.
2001–2011 CentroChairman of the board from 2001 to 2004, then an investor and board member until 2011. The largest shoe retailer in the CIS: in 2013, it was selling about 72 million pairs of shoes a year, with revenue of around $1.6 billion.
2001–2013 Corrado GroupCo-founder and CEO. We built three brands — Corrado, La Corra, and Vilanta — from scratch and within six years took them to second place in their segment in Russia, capturing about 15% of the market with 105 SKUs. In 2011, we launched the Mamako baby food brand. Corrado Group products were carried by 82,000 stores in Ukraine, Belarus, Kazakhstan, Russia, and the U.S.
2003–2005 Amson CorporationFounder and CEO. Our 26 breath strip and hard candy SKUs were carried by more than 20,000 retail locations in Russia, putting us ahead of Wrigley and Listerine. The category itself never took off, and the company closed.
2004–2006 Midland F1 RacingCo-founder and managing partner of a Formula 1 team. Sold in 2006.
2005–2014 Perga Development and ManagementFounder and CEO. The company built commercial and residential real estate. In 2011, Alex Radunsky was named one of the 100 most influential people in commercial real estate, ranking 27th on the CRE Top 100 Market Makers list.
2020–2024 Tripment HealthFounder and CEO of a healthcare startup offering affordable, transparent pricing for medical procedures in the U.S.