Petr Kellner Net Worth

Net Worth: $11.5 Billion
  • Source of Wealth:

    Banking, Insurance
  • Age:

  • Birth Place:

    Česká Lípa, Czech Republic
  • Marital Status:

    Married (Renáta Kellnerová)
  • Full Name:

    Petr Kellner
  • Nationality:

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About Petr Kellner

Considered as the richest person in Czechoslovakia, Petr Kellner is a Czech businessman with an estimated net worth of $11.5 billion as of April 2019.

After his graduation at University of Economics, Prague in 1986, Kellner started working at Impromat, a company that specializes on importing and selling Ricoh photocopiers. While at Impromat, he met his future business partners, Milan Vinkler and Milan Maděryč. They founded the První privatizační fond (PPF). Their endeavor was definitely a success because it was able to purchase over $5 billion worth of stocks in over 200 corporations.

It was in 1995 when PPF purchased 20% of the stocks at Česká pojišťovna, the largest insurance company in Czechoslovakia that time. They went to manage the company and in 2001, PPF became the major shareholder of the insurance company after owning 95% of the total stocks.

In 2007, an agreement between Assicurazioni Generali and PPF was sealed. The two companies would have to engage in a joint venture in Czechoslovakia, Hungary, Ukraine, Bulgaria, Romania, Slovakia, Serbia, Kazakhstan, Belarus and Croatia. The deal also stipulated that Petr Kellner will become one of Generali's Board of Directors. Today, Petr Kellner owns 2,02% of Assicurazioni Generali's total stocks.

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Earnings 2017 $12.2 Billion

Earnings 2016 $10.6 Billion

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