Daniel Kretinsky Net Worth

Daniel Kretinsky is a Czech billionaire who made his fortune by selling 31% of energy firm EPH for $1.6 billion to a consortium of investors led by Macquarie Infrastructure and Real Assets in 2016. He started his career as a lawyer for Slovak investment company J&T and now owns and runs the largest energy group in Central Europe. EPH operates in electricity distribution and supply, gas storage and transmission, and employs 25,000 people across the Czech Republic, Slovakia, Germany, Italy, the U.K., Poland and Hungary. Kretinsky has built up his equity stake in EPH over time by choosing to be compensated in shares instead of cash as the company has grown.
Daniel Kretinsky is a member of Energy

Age, Biography and Wiki

Birth Place Prague, Czech Republic, Czech Republic

💰 Net worth: $9.2 Billion (2024)

Daniel Kretinsky, a prominent figure in the energy sector of the Czech Republic, is predicted to have an astounding net worth of $9.2 billion in 2024. His immense wealth is a testament to his success and influence in the industry. Kretinsky's expertise and shrewd business acumen have allowed him to establish a solid reputation as a leading entrepreneur. As an influential figure in the energy sector, Kretinsky is well-known for his ambitious ventures and forward-thinking approaches. With a net worth of such magnitude, it is evident that Kretinsky's impact on the energy landscape in the Czech Republic is substantial.

Biography/Timeline

1999

He graduated from the Faculty of Law of Masaryk University and started to work as legal trainee in law firm. In 1999, he joined J&T as Lawyer and become there a partner in 2003. Since 2004 he is chairman of football club AC Sparta Prague and he is believed to be its 40% shareholder.

2009

When in 2009 J&T founded Energetický a průmyslový holding, he became its chairman and 20% shareholder. He also ceased to be partner of J&T. In 2011, he became chairman and 60% shareholder of EP Industries, that was divested from EPH. From 2014 he is one of the owners of Czech media house Czech News Center, among others publisher of tabloid Blesk, that is the most read newspaper in the Czech Republic.