Petr Kellner Net Worth

Petr Kellner, the Czech Republic's richest man, began his career in the early 1990's selling office supplies. He borrowed $1 million to start an investment fund and used it to purchase a controlling stake in the biggest Czech insurer during its privatization. His PFF group is a major shareholder in Home Credit, a consumer finance firm with operations in 11 countries, and he also has stakes in O2 Czech Republic, PPF Bank, commercial real estate, and Polymetal. In addition to his business ventures, Kellner and his wife endow scholarships at the Open Gate School, collect modern Czech photography, and are the leading sponsors of a library-think-tank for former Czech President Vaclav Klaus.
Petr Kellner is a member of Finance

Age, Biography and Wiki

Birth Day May 20, 1964
Birth Place Vrane nad Vltavou, Czech Republic, Czech Republic
Petr Kellner age 59 YEARS OLD
Birth Sign Gemini
Education University of Economics, Prague
Occupation Head of Strategic Development Operations for PPF Group
Spouse(s) Iva Kellnerová (divorced) Renáta Kellnerová
Children 4

💰 Net worth: $17.5 Billion (2024)

Petr Kellner, a prominent figure in the Czech Republic, is well-known for his expertise in the field of finance. As of 2024, his net worth has been estimated to be an astounding $17.5 billion, reflecting his immense success and business acumen. Kellner's financial prowess and strategic investments have propelled him to great heights, establishing him as one of the wealthiest individuals in the country. His wealth serves as a testament to his exceptional abilities in navigating the financial landscape, making him a highly regarded and influential figure in both domestic and international financial circles.

2009 $6 Billion
2010 $7.6 Billion
2011 $9.2 Billion
2012 $8.2 Billion
2013 $10.4 Billion
2014 $11 Billion
2015 $8.4 Billion
2016 $10.6 Billion
2017 $12.2 Billion
2018 $15.8 Billion

Some Petr Kellner images



Petr Kellner graduated from the University of Economics, Prague Faculty of Industrial Economics, in 1986. After the Velvet Revolution he worked for the Czech company Impromat, an importer and seller of Ricoh photocopiers. While working for that company, he met Milan Maděryč and Milan Vinkler.


In 1991, after the announcement of Czechoslovak voucher privatization, he founded the investment fund PPF (První privatizační fond) with Milan Vinkler and state-owned glassworks Sklo Union. In 1992, PPF investiční společnost a.s. was established and the funds’ names were changed from privatisation to investment. The funds were very successful and purchased stock of more than 200 corporations with nominal value 5 billion CZK.


In 1995 and 1996, PPF bought a 20% stake in the largest Czech insurance company, Česká pojišťovna and started to manage it. In 2000, PPF bought 31.5% stake of Česká pojišťovna from IPB for 2.85 billion CZK . The transaction with IPB ended up with IPB paying to PPF 1.6 billion CZK penalty, making the real purchasing cost of the stake 1.25 billion CZK. Later PPF acquired more shares and became the dominant (93%) owner in 2001, when PPF bought large stakes of shares from Komerční banka and the Czech state. With help of these profitable transactions, the last Investors from voucher privatization were bought out and Petr Kellner became the dominant owner of PPF group.


In 2007, PPF group signed a contract with Assicurazioni Generali to create a joint venture between PPF Group’s insurance branch and Assicurazioni Generali's corporations in the Czech Republic, Slovakia, Poland, Hungary, Romania, Bulgaria, Ukraine, Russia, Serbia, Slovenia, Croatia, Belarus, and Kazakhstan. According to sources PPF Group will own 49% of that company from the start, and Generali will pay €1.1 billion to the PPF Group for its stake. Petr Kellner became member of the Board of Directors of Generali. Kellner himself later bought 2.02% stake in Assicurazioni Generali.


Formerly, he owned a Gulfstream G500 airplane named Káně. In 2010 he bought a Boeing 737-700BBJ as his Business airplane. He lives in an extensive residence in the village of Podkozí near Prague, but he owns a number of other real estates in various countries. He also owns one of the largest collections of photographs taken by Josef Sudek.


However, the above figures were criticized as overestimated by some Czech economic media. Their estimates were considerably lower, CZK 60–75 billion (approx. US$4 billion) according to the weekly Týden, or even less than CZK 50 billion (app. US$3 billion) according to Journalist Miroslav Motejlek. Thus, Kellner would have been surpassed by Entrepreneur Andrej Babiš on the position of the wealthiest resident of the Czech Republic.