What is Petr Kellner’s net worth?
| net worth: | $19 billion |
|---|---|
| age: | 59 |
| date of birth: | May 20, 1964 |
| gender: | male |
| high: | 1.73 m (5 ft 8 in) |
| country of origin: | Czech |
| Source of wealth: | entrepreneur |
| Last updated: | January 17, 2024 |
introduce
Peter Kellner is a Czech billionaire businessman. Kellner is best known as the founder of PPF.
As of 2013, Kellner owns 98.94% of PPF Financial Group.
In 2006, Forbes estimated PPF’s net worth at $3 billion and ranked Kellner as the 224th richest person in the world.
Petr Kellner’s net worth is estimated to be around $19 billion.
early life
Petr Kellner was born on May 20, 1964 in Ceska Lipa, Czech Republic.
Kellner graduated from the Faculty of Industrial Economics at the University of Economics in Prague in 1986.
Profession
Before becoming richer than Richard Branson, Peter Kellner graduated from the Faculty of Industrial Economics at the University of Economics in Prague in 1986.
After graduation, Kellner worked as a production assistant at the Czech film studio Studio Barrandov.
While working there, he even had the opportunity to make a cameo in the 1989 film Servant Eraeven though acting is not his hobby.
After the Velvet Revolution, Kellner learned how to develop a rich mentality and began working for Impromat as an importer and distributor of Ricoh copiers.
Make a smart investment
Petr Kellner founded the investment fund First Privatization Fund (PPF) in 1991, after the privatization of Czechoslovakia vouchers and before the emergence of the best investment apps.
The following year, Kellner and his partner, Milan Vinkler, changed the fund’s name from privatization to investment and bought shares in more than 200 companies.
In 1995, PPF acquired a 20% stake in Ceska Pojistovna, the largest Czech insurance company, and took over the company’s new management.
Like the world’s wealthiest people, Kellner is committed to growing his investments to build steady wealth.
In 2000, Kellner used PPF to acquire 31.5% of Ceska Pojistovna from IPB for approximately $27.27 million.
However, the deal ended with IPB having to pay PPF a $40.93 million fine, which was a huge plus for Kellner.
Later, PPF bought more shares from commercial banks and the Czech government and became the majority owner of Česká Spořitání in 2001, owning 93% of the company.
Kellner’s influence grows
In 2007, Petr Kellner’s company PPF signed a contract with Assicurazioni Generali to establish two joint ventures.
This gives PPF access to Assicurazioni Generali companies in the Czech Republic, Slovakia, Poland, Hungary, Romania, Ukraine, Serbia and other countries.
PPF owned 49% of the company and Generali paid it $1.29 billion for its shares, according to a press release at the time.
Petr Kellner served on the board of Generali from 2007 to 2013 and later purchased a 2.02% stake in the company himself.
In 2013, PPF sold its stake in Generali PPF Holding to Generali for approximately $3.32 billion, becoming the sole owner of the company in 2015.
Although Kellner was not as rich as Warren Buffett at this time, he had become the 224th richest person in the world.
Lasting Legacy
In 2007, Kellner joined the Generali board and announced his membership in the board of directors of Central European Media Enterprises.
While this did not mean much at the time, by 2019 PPF Group had acquired all of CME’s shares and brought it under its own management.
A few years later, in 2013, Kellner bought the Hotel Praha in Prague’s Dejvice district, a luxury hotel built under Communist rule.
The following year, he demolished the Prague Hotel in preparation for building an open-door private school on the land.
However, in 2005 an Open Gate location was built outside Prague, and in 2011 it merged with the Kellner Family Foundation.
Although Petr Kellner was expected to become as wealthy as Jack Ma, he unfortunately died in a tragic helicopter crash in 2021.
While heli-skiing, the helicopter he was riding in crashed into a mountain, and although he survived the accident, he died while waiting for rescue.
Now, Peter’s family is suing over the accident, which happened when he was just 56 and at the peak of his career.
Peter Kellner Net Worth
Petr Kellner’s net worth is estimated to be around $19 billion.
How does Petr Kellner spend his money?
Petr Kellner spent some of his money on football, housing in Prague and charity work.
Petr Kellner’s purchase
Kellner was a big fan of football. He seemed to have a box there and enjoyed the sport very much. At one point, he wanted to get more active with a club in the London Premier League as an owner.
Peter Kellner’s Home
Kellner owns a beautiful house in Prague.
Petr Kellner’s philanthropic work
In 2009, Kellner and his wife created the Kellner Family Foundation.
Over the years, they have donated huge amounts of money to different charities, helped to create a school, and provided opportunities for underprivileged children, disabled children, and gifted children, among others.
They attach great importance to education-related activities to promote the improvement of the country’s education level. The foundation also provides a large amount of donations to cultural and health causes as well as some personal funding.
emphasize
Here are some highlights from Petr Kellner’s career:
- Founder of PPF
- Generali Insurance Company (2007)
- Kellner owns 98.94% of PPF Financial Group (2013)
Frequently Asked Questions
How much is Petr Kellner worth?
Petr Kellner’s net worth is estimated at $19 billion.
How old is Petr Kellner?
Peter Kellner was born on May 20, 1964 and is 60 years old.
How tall is Petr Kellner?
Peter Kellner’s height is 1.73 meters, which is equivalent to 5 feet 8 inches.
Summary
Petr Kellner was a Czech businessman who started out working for Impromat, a company that imported and sold Ricoh copiers.
Kellner is the co-founder of the investment fund PPF.
The funds bought shares in more than 200 companies worth more than CZK 5 billion.
Petr Kellner’s net worth is estimated to be around $19 billion.
What do you think of Petr Kellner’s net worth? Leave a comment below.
Categories: Net Worth
Source: svlsf.edu.vn