Radovan Vitek’s profile picture

Radovan Vitek

Radovan Vitek’s profile picture
Net worth 2018: $2.96 Billion
Industry: Real Estate
Residence: Prague, Czech Republic
BirthDay: 1970
Children: 4
BIOGRAPHY

Radovan Vitek was bornon 1970 in Prague, Czech Republic, Czech Republic. Radovan Vitek is #801 in List Billionaires People In The World. 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.

NET WORTH STATISTIC
2014

$1.4 Billion

2015

$1.8 Billion

2016

$1.9 Billion

2017

$2.4 Billion

2018

$2.96 Billion

TIMELINE
Radovan Vítek (born 1970/71) is a Czech billionaire real estate developer, through his majority ownership of CPI Property Group, created by merging his wholly owned Czech Property Investments with Orco Germany after a hostile takeover.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.As of November 2015, Forbes estimated his net worth at US$1.66 billion.He is married with four children and lives in Prague.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.
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