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Petr Kellner’s Net Worth (Updated 2021)
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What is Petr Kellner’s net worth?
| Net Worth: | $19 Billion |
|---|---|
| Age: | 56 |
| Born: | May 20, 1964 – March 27, 2021 |
| Country of Origin: | Czechia |
| Source of Wealth: | Entrepreneur |
| Last Updated: | 2021 |
Introduction
Petr Kellner is a Czech billionaire businessman. Kellner is best known for being the founder of PPF.
As of 2013, Kellner owned 98.94% of the PPF financial group. In 2006, Forbes estimated PPF’s net worth at US $3 billion and listed Kellner as the 224th wealthiest man globally.
As of 2021, Petr Kellner’s net worth is estimated to be roughly $19 billion.
Early Life
Petr Kellner was born on the 20th of May, 1964, in Ceska Lipa, Czechia.
Kellner graduated from the University of Economics, Prague Faculty of Industrial Economics, in 1986.
Career
The Czech Republic’s richest man, Petr Kellner, started in the early 1990’s selling office supplies. He then started an investment fund to buy a controlling stake in the biggest Czech insurer during its privatization.
In 1991, after the announcement of Czechoslovak voucher privatization, he founded the investment fund PPF. The following year, PPF was established, and the funds’ names were changed from privatization to investment.
In 1995 and 1996, PPF bought a 20% stake in the most significant Czech insurance company, Česká pojišťovna and started to manage it. In 2000, PPF bought a 31.5% stake of Česká pojišťovna from IPB for 2.85 billion CZK.
His PFF Group scrapped its plans to list Home Credit, a consumer finance company, in Hong Kong due to market conditions in 2019.
His other assets include a stake in listed telecom firms the O2 Czech Republic, PPF Bank, and commercial real estate holdings.
As of 2021, Petr Kellner’s net worth is estimated to be roughly $19 billion.
How Does Petr Kellner Spend His Money?
Petr Kellner spends some of his money on football and his home in Prague, and charity work.
Petr Kellner’s Purchases
Kellner is a big fan of football. It seems he owns an executive box there and enjoys the sport tremendously. One time he came up with becoming more active with a London Premier League club as an owner.
Petr Kellner’s Home
Kellner owns a beautiful home in Prague.
Petr Kellner’s Charity Work
In 2009, Kellner and his wife created the Kellner Family Foundation.
Over the years, they have provided a fortune to different charities. They have helped to create a school and provide opportunities to impoverished, disabled, and extraordinarily gifted children, among others.
They focus heavily on education-related activities to give their nation a boost in schooling. The foundation has also made significant donations to further cultural and health-based causes and some individual funding.
Highlights
Here are some of the best highlights of Petr Kellner’s career:
- Founder of PPF
- Assicurazioni Generali (2007)
- Kellner owned 98.94% of the PPF financial group (2013)
Favorite Quotes From Petr Kellner
“The past decade was a definite opportunity that perhaps will never repeat itself. I was able to find capable people, judge risks, and make short-term sacrifices for long-term projects.” – Petr Kellner
“I would personally be astonished if Corbyn does not end up as Labour’s leader.” – Peter Kellner
“You have got football hooliganism, several players who regularly disgrace themselves and a national team that never quite makes it.” – Peter Kellner
3 Motivational Lessons From Petr Kellner
Now that you know all about Petr Kellner’s net worth and how he achieved success; let’s take a look at some of the best lessons that we can learn from him:
1. Have Faith
Believe in yourself! Have faith in your abilities! Without humble but reasonable confidence in your powers, you cannot be successful or happy.
2. Battles
Everyone is fighting a battle. And a very tough one most of the time.
3. Don’t Waste Time
If you love life, don’t waste time, for time is what life is made up of.
Summary
Petr Kellner is a Czech businessman who started working for Impromat, which importer and sold Ricoh photocopiers.
Kellner co-founded the investment fund PPF.
The funds purchased stock in over 200 corporations and were valued at more than 5 billion CZK.
As of 2021, Petr Kellner’s net worth is estimated to be roughly $19 billion.
What do you think about Petr Kellner’s net worth? Leave a comment below.
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