Petr Kellner is a billionaire Czech Art Collector who died in a helicopter crash in Alaska at age 56. He owned one of the largest collections of photos by Joseph Sudek. Kellner is reportedly the wealthiest man in the Czech Republic. Let's take a look at his lifestyle, net worth, family, and more.
Petr Kellner’s Married life with Renata Kellnerova
The billionaire Czech artist Petr Kellner was happily married to his wife, Renata Kellnerova. He tied a knot with Renata in the 1990s after dating several years. A year later, they became proud parents to four children. Believe it or not, Kellner prefers to keep his personal life low-key despite being a public figure.
Kellner and his beloved wife Kellnerova established their family foundation in 2009. The PPF foundations site describes the Kellner’s family as connoisseurs and collectors of the art. They own one of the largest photograph collections by Joseph Sudek and Frantisek Drtikol, Ivan Pinkaba, and Ton Stan.
How Much Is Petr Kellner Net Worth?
Petr Kellner had an estimated net worth of $17.5 billion according to Forbes and $15.7 billion to Bloomberg. He generated a huge amount from his career as a founder of the investment group PPF. Petr’s other income source includes telecom firm the O2 Czech Republic, PPF Bank, and commercial real estate holdings.
Kellner’s official biography suggests that he worked as an office supply salesman, including n the import and servicing of photocopiers. Besides, he achieved sufficient financial capital and businesses to begin an investment fund to invest in the state assets being privatized by the post-communist government through a voucher for shares scheme.
The Prvni Privatizacni Fond (PPF) became his main investment vehicle buying stock and shares in over 200 enterprises. Later he asked for a 20 percent stake in the country’s largest insurer Cseska Pojistovna.
PPF forced Kellner on a yearslong buying spree of assets in the Czech Republic and Slovakia after the Czechoslovak breakup and other Central and Eastern European countries. Besides, PPF Group’s holdings grew to include real estate, banking, biotechnology, media broadcasting, and consumer finance.
The PPF Group is counted as a major player in Russia’s home lending industry, which also invested in Russia’s booming agriculture and farming industry. All in all, A 2007 deal between Ceska Pojistovna and Italy’s Generali developed an insurance giant for Central and Eastern Europe, adding more to Kellner’s fortune when he quit the partnership in 2012 for 2.5 billion euros (US$2.03 billion).
Petr Kellner Death
PPF announced majority shareholder of PPF, Mr. Petr Kellner passed away in a helicopter accident in the Alaskan Mountains during a heliskiing trip on March 27, 2021. At least five lives were lost. The crash took place near Knik Glacier, the ski lodge that chartered an Airbus AS350 B3 helicopter aircraft.
As per the Kellner Family Foundation website, PPF runs exhibition spaces in Prague, including the Vaclav Spala Gallery and Josef Sudek Studio, and manages an extensive collection of photographs and paintings. The organization promotes Czech art in the state and abroad.
Petr Kellner Short Bio
Petr Kellner was born in 1964 in Ceska Lipa, Czech Republic. The billionaire spent most of his childhood in Liberec. He holds Czechia nationality and belongs to Caucasian ethnicity. Speaking of education, Kellner attended the University of Economics in Prague, from where he earned a bachelor’s degree in arts and science. He is 173 m tall and weighs around 70 kg.
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