Petr Kellner, a Czech wealthy art collector, perished in a helicopter crash in Alaska when he was 56 years old. He possessed one of the most extensive collections of Joseph Sudek photographs. Kellner is said to be the richest person in the Czech Republic. Let’s take a peek at his personal life, net worth, and family.

What is the net worth of Petr Kellner?

According to Forbes, Petr Kellner has a net worth of $17.5 billion and $15.7 billion, respectively. As the creator of the financial firm PPF, he amassed a significant fortune. Petr’s additional sources of income include the O2 Czech Republic telecommunications company, PPF Bank, and commercial real estate interests. According to Kellner’s official biography, he worked as an office supply salesperson, importing and servicing photocopiers. In addition, he amassed sufficient financial means and businesses to launch an investment fund to invest in public assets that the post-communist government was privatizing through a voucher for shares plan.

His major investment vehicle became the Prvni Privatizacni Fond (PPF), which bought stock and shares in over 200 companies. Later, he requested a 20% interest in Cseska Pojistovna, the country’s largest insurer. After the Czechoslovak disintegration, PPF prompted Kellner to go on a years-long buying binge in the Czech Republic and Slovakia, as well as other Central and Eastern European countries. PPF Group’s assets also expanded to encompass real estate, banking, biotechnology, broadcast media, and consumer finance.

The PPF Group is a prominent player in Russia’s home loan market, as well as a big investor in the country’s burgeoning agriculture and farming industries. Overall, a 2007 deal between Ceska Pojistovna and Italy’s Generali created an insurance behemoth for Central and Eastern Europe, boosting Kellner’s fortune by 2.5 billion euros (US$2.03 billion) until he left the partnership in 2012.

Petr Kellner’s Bio in a Nutshell

Petr Kellner was born in the Czech Republic’s Ceska Lipa in 1964. Liberec was where the billionaire spent the majority of his childhood. He is of Czech descent and belongs to the Caucasian ethnic group. Kellner received his schooling at the University of Economics in Prague, where he acquired a bachelor’s degree in arts and sciences. He stands 173 meters tall and weighs about 70 kilograms.

Renata Kellnerova and Petr Kellner’s Marriage

Petr Kellner, a millionaire Czech artist, was blissfully married to Renata Kellnerova. After courting for several years, he married Renata in the 1990s. They became delighted parents to four children a year later. Even though he is a prominent personality, Kellner tries to keep his personal life private. In 2009, Kellner and his adored wife Kellnerova founded their family charity. The Kellner family is described as art lovers and collectors on the PPF foundations website. They have one of the most extensive photographic collections in the world, including works by Joseph Sudek and Frantisek Drtikol, Ivan Pinkaba, and Ton Stan.

Petr Kellner passed away.

Mr. Petr Kellner, PPF’s largest shareholder, died in a helicopter accident in the Alaskan Mountains while heliskiing on March 27, 2021, according to PPF. At least five people were killed. The accident happened at Knik Glacier, a ski lodge that had rented an Airbus AS350 B3 helicopter. According to the Kellner Family Foundation website, PPF administers a vast collection of pictures and paintings and runs exhibition spaces in Prague, including the Vaclav Spala Gallery and Josef Sudek Studio. The organization promotes Czech art both in the Czech Republic and internationally.

Quick Facts about Petr Kellner