Top 10 Richest Men In The Czech Republic According To Forbes (2025)
The Czech Republic may be famous for its beautiful medieval towns, beer culture, and rich history, but it’s also home to some serious business heavyweights. From tech innovators to mining magnates, the country’s billionaires are diverse in their ventures yet united in one thing — building massive fortunes. According to Forbes’ 2025 billionaire rankings, the Czech Republic boasts a fascinating mix of self-made entrepreneurs and family legacy owners who have made their mark not just locally, but globally.
Here’s a deep dive into the top 10 richest men in the Czech Republic, their industries, and how they built their wealth.
1. Renata Kellnerová & Family – $18.2 Billion
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Age: 57
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Industry: Finance & Telecommunications
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Source of Wealth: PPF Group
Renata Kellnerová, widow of late Czech billionaire Petr Kellner, has carried forward the legacy of one of the country’s most influential business empires. PPF Group operates in over 25 countries, with interests in finance, telecommunications, real estate, and more. Her stewardship of the group has solidified her position as the wealthiest person in the Czech Republic. Renata’s role is unique — she’s not just maintaining her late husband’s empire, she’s also expanding it, particularly in telecommunications and consumer finance sectors in Europe and Asia.
2. Karel Komárek – $9.4 Billion
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Age: 56
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Industry: Oil, Gas, IT, Lotteries
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Source of Wealth: KKCG Group
Karel Komárek is a self-made billionaire who transformed his family’s small heating business into KKCG Group — a global investment powerhouse. His portfolio includes oil and gas, lotteries, real estate, and technology ventures. Komárek is perhaps best known internationally for his stake in the Allwyn lottery group, which operates in several European countries. He’s also heavily invested in renewable energy projects, aligning with Europe’s green transition goals.
3. Daniel Křetínský – $9.4 Billion
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Age: 49
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Industry: Energy & Investments
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Source of Wealth: EPH (Energetický a průmyslový holding)
Daniel Křetínský is one of Europe’s most talked-about billionaires, known for his aggressive acquisition strategy in energy and media. Through EPH, he owns a vast portfolio of power plants and energy infrastructure across Europe. Křetínský has also been making moves into retail and media, including stakes in major European newspapers and supermarket chains. His diversified investments show a knack for spotting undervalued assets and turning them into high-profit ventures.
4. Pavel Tykač – $7.9 Billion
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Age: 60
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Industry: Coal Mining
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Source of Wealth: Sev.en Energy
Pavel Tykač is one of the most controversial yet successful figures in Czech business. He made his fortune in banking during the turbulent post-communist privatization era before shifting focus to energy. Today, his company, Sev.en Energy, is a major player in coal mining and power generation. While his reliance on coal has drawn environmental criticism, Tykač is also exploring investments in greener technologies to adapt to Europe’s climate policies.
5. Radovan Vítek – $6.6 Billion
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Age: 54
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Industry: Real Estate
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Source of Wealth: CPI Property Group
Radovan Vítek is a real estate mogul whose CPI Property Group owns some of the most valuable commercial properties in Central Europe. From shopping malls and office buildings to hotels, his portfolio stretches across the Czech Republic, Germany, and other EU countries. Vítek’s strategy has been to acquire undervalued properties and transform them into high-yield assets — a move that has paid off handsomely.
6. Michal Strnad – $4.5 Billion
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Age: 32
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Industry: Defense Contracting
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Source of Wealth: Czechoslovak Group (CSG)
At just 32 years old, Michal Strnad is proof that the Czech billionaire club isn’t only for the older generation. He heads Czechoslovak Group, a defense and industrial conglomerate that produces military vehicles, weapons, and other defense systems. Strnad took over the business from his father and rapidly expanded it into international markets. His rise has been fueled by increasing global demand for defense equipment.
7. Andrej Babiš – $3.5 Billion
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Age: 70
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Industry: Agriculture & Food
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Source of Wealth: Agrofert
Andrej Babiš is a former Prime Minister of the Czech Republic and one of the nation’s most polarizing public figures. His company, Agrofert, is one of the largest agricultural and food processing businesses in Central Europe, with operations in fertilizers, chemicals, and media. Despite ongoing political controversies, Babiš’s business empire continues to generate massive profits.
8. Pavel Baudiš – $2.6 Billion
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Age: 64
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Industry: Software
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Source of Wealth: Avast Software
Pavel Baudiš is a pioneer in the cybersecurity industry, co-founding Avast Software, which became one of the largest antivirus companies in the world. Avast merged with NortonLifeLock in a multibillion-dollar deal, cementing Baudiš’s fortune. Even after stepping back from daily operations, Baudiš remains active in tech investments and philanthropy.
9. Marek Dospiva – $2 Billion
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Age: 55
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Industry: Investments
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Source of Wealth: Penta Investments
Marek Dospiva co-founded Penta Investments, a private equity firm with stakes in healthcare, real estate, and retail across Central Europe. Under his leadership, Penta has grown into a multi-billion-dollar fund known for turning around struggling companies and making strategic long-term investments.
10. Aleš Zavoral – $2 Billion
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Age: 48
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Industry: E-commerce
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Source of Wealth: Alza.cz
Aleš Zavoral is the founder of Alza.cz, the largest e-commerce retailer in the Czech Republic. Starting from a small electronics store, Zavoral transformed Alza into a regional e-commerce powerhouse, selling everything from gadgets to groceries. His success mirrors that of global giants like Amazon, but with a uniquely Central European twist.
Final Thoughts
The Czech Republic’s top billionaires reflect a mix of traditional industries like mining, energy, and real estate, alongside modern sectors like e-commerce, software, and defense. This diversity not only shows the country’s economic resilience but also highlights how Czech entrepreneurs are competing on a global scale.
From Renata Kellnerová’s multinational finance empire to Aleš Zavoral’s e-commerce giant, these billionaires are shaping not just the Czech economy, but also influencing markets far beyond its borders. And with younger players like Michal Strnad joining the list, the future of Czech wealth creation looks dynamic and promising.