Czech’s ‘wealthiest’ man worth $13 bn dies in helicopter crash

Czech’s ‘wealthiest’ man worth $13 bn dies in helicopter crash


Petr Kellner, the Czech Republic’s wealthiest person with a fortune topping $13 billion has died.


He died aged 56 in a helicopter crash in Alaska, his spokeswoman said this monring.


Kellner, who meticulously guarded his privacy, owned the financial, telecommunications, engineering and insurance PPF Group, which employs 94,000 people worldwide.


“With deep regret we announce that PPF Group founder and majority shareholder Mr Petr Kellner died tragically in a helicopter crash in the Alaska Range on Saturday,” PPF Group spokeswoman Jitka Tkadlecova told AFP.


“The causes of the accident, in which five people died in total, are being investigated,” she added.


The Forbes magazine put Kellner’s wealth in 2020 at 293 billion Czech crowns (11.2 billion euros, $13.2 billion).


Kellner, who started his business selling copy machines, founded the PPF Group in 1991, two years after the fall of Communism in the former Czechoslovakia.

Idowu Babalola Photo
Idowu Babalola

Socially Not Social. IG & Twitter - @Idbragga

All author posts
Related Posts
Ex-google employee, Dave Girouard becomes billionaire in 24 Hours
Ex-google employee, Dave Girouard becomes bil...

Forbes has announced Upstart Holdings’ co-founder and CEO, Dave Girouard who is also an ex-Google employee, as the latest...

Aliko Dangote Now 64th Richest Man In The World
Aliko Dangote Now 64th Richest Man In The Wor...

President of Dangote Group, Alhaji Aliko Dangote, has significantly moved up in the world billionaires’ list as he emerged...

Top 20 Most Lucrative Business In Nigeria to Look Out for in 2019
Top 20 Most Lucrative Business In Nigeria to ...

1. Agriculture business ideas Agriculture has been rightly promoted as one important channel for our country to bounce back on...

Write A Comments