Czech Republic’s richest man dies in Alaska helicopter wreck

Czech Republic’s richest man dies in Alaska helicopter wreck

Petr Kellner, the Czech Republic’s richest man, was no doubt one of five other folks killed when their helicopter crashed on a snowboarding outing in Alaska.

The 56-365 days-extinct was amongst the passengers and pilot killed on Saturday within the wreck approach Knik Glacier north-east of Anchorage, Alaska Direct Troopers acknowledged. One survivor was taken to wisely being center, they acknowledged, adding the group had been on a heli-ski tour.

Kellner performed with out public consideration but was identified to be a difficult skier. A picture of him snowboarding was printed in no doubt one of annual reports of his investment group, PPF.

The firm in a assert expressed “deepest fret” on the loss of life of its founder. He is survived by his wife Renata and four kids.

Kellner was a towering enterprise figure of the Czech post-communist era, with his wealth estimated at $17.5bn, in step with Forbes. He started off selling replica machines as the country opened up following the 1989 Velvet Revolution.

He put of dwelling up PPF with companions to acquire fragment within the country’s privatisation of tons of of teach-owned companies.

The group expanded into finance, telecommunications, manufacturing, media and biotech, gathering sources of €44bn (£37.5bn) by mid-2020.

PPF is the principle proprietor a group of telecoms companies in central and eastern Europe including O2 Czech Republic.

It additionally owns Home Credit, an early entrant into the Chinese language user lending market, beginning lending there as the principle fully international-owned firm in 2010. Czech president Miloš Zeman has sought warm members of the family with China, and Kellner took fragment in Zeman’s meeting with Chinese language president Xi Jinping in China 2014.

“The president held Petr Kellner in excessive cherish for his enterprise success and is immensely sorry for his tragic loss of life,” Zeman’s spokesman acknowledged.

PPF is currently procuring a stake in Moneta Money Monetary institution and has proposed merging it with its Air Monetary institution and parts of Home Credit. Moneta shares gain been down 2.7% in morning alternate.

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