Karel Komarek
REAL TIME NET WORTH — as of 5/2/17
$2.3 B
Karel Komarek built a fortune as an oil and gas investor during the period of privatization in the Czech Republic. In 2016 he formed the Sazka Group with fellow Czech investor Jiri Smejc, and it quickly became the largest lottery owner in Europe, purchasing stakes in profitable lottery companies in Austria, Greece, Italy and Czech lottery firm Sazka. Komarek is also involved in commercial and residential real estate development in Prague. In 2016 he entered the American market with newly established firm U.S. Methanol, based in Charleston, West Virginia. He plans to operate a number of plants that produce methanol, a natural gas product with multiple uses. In addition to his home in Prague, Komarek owns a house in Palm Beach, Florida and likes to bike and ski.
Karel Komarek Net Worth: Karel Komarek is a Czech businessman who has a net worth of $1.6 billion. New to the billionaire ranks, Mr. Komarek made his way to riches once he cashed out of his family’s conglomerate in 2010. At the time, he also embraced the group’s oil and gas assets, whereas his father and sister took over the machinery division. Karel made his beginnings in the family trading business early in the 1990s. The Komarek family used the Czech Republic’s privatization period to buy up shares in various oil and gas and machinery companies, uniting them all into KKCG group. Today, Karel Komarek has obtained Moravske Naftove Doly, the largest crude oil and gas company in the Czech Republic, and he intends to unite with Russia’s Gazprom in the construction of a new gas tank. Karel continued to build up his massive portfolio of interests as he gave more $300 million to buy the rest 50% stake of the Czech betting company Sazka from his former partner and Czech’s wealthiest man Petr Kellner. Komarek loves to spend his time in Palm Beach, a neighboring mansion to Celine Dion’s.
Source:
1. forbes