Radovan Vitek

About Radovan Vitek

Birth Year: 1970
Birth Place: Prague, Czech Republic, Czech Republic
Known for: Majority owner of CPI Property Group
Spouse(s): married
Children: 4

Radovan Vitek Net Worth

Radovan Vitek was bornon 1970 in Prague, Czech Republic, Czech Republic. Radovan Vitek agreed to make his biggest acquisition to date in January 2017, when his CPI Property Group said it would acquire 11 shopping centers in the Czech Republic, Hungary, Poland and Romania for about $700 million from CBRE Global Investors, a real estate investment firm. Vitek got his start during Slovakia's voucher privatization in the 1990s, then moved to the Czech Republic in 1997, where he took over a cooperative and turned the headquarters into a luxe hotel, launching his commercial real estate career. Besides a home in Prague, Vitek owns a 260-acre estate in Surrey, England that formerly belonged to ex-Beatle Ringo Starr; a house in the Swiss Alps, and a villa on St. Bart's Island in the West Indies.
Radovan Vitek is a member of Real Estate

💰 Net worth: $2.8 Billion (Updated at 22 June 2018)

2014 $1.4 Billion
2015 $1.8 Billion
2016 $1.9 Billion
2017 $2.4 Billion
2018 $2.96 Billion

Biography/Timeline

1990

He started his property career in Slovakia 1990s voucher privatization, before moving to the Czech Republic in 1997. He is the majority owner of CPI Property Group, created by merging his wholly owned Czech Property Investments with Orco Germany after a hostile takeover.

2015

In May 2015, he bought Rydinghurst, a 17th-century house and 200-acre estate in Surrey, England from British rock star Ringo Starr for £13.5 million, so that his children can be educated in England.