2023-05-11 06:00:10
The wind of the crisis did not affect the richest Hungarian entrepreneurs: the prime minister’s friend from Felscút, the leader of the top list Lőrinc Butcher He increased his fortune by HUF 180 billion in a single year. His main rival, the OTP leader Sándor Csányi it increased by even more, by 190 billion, but still came in third place Zsolt Felcsuti was also able to fatten his fortune by more than 100 billion. The total wealth of the 100 richest Hungarians increased by HUF 1,400 billion in one year, which is more than double the result of the previous year, he concluded. Peter Szakonyi, The 100 richest editor of the publication that hit the stands on Thursday morning. This is significant even if we take into account last year’s double-digit inflation and the devaluation of the forint.
Estimated assets of the 100 richest businessmen (billions of forints, last year’s results in parentheses):
1. Lőrinc Mészáros 660 (480),
2. Sándor Csányi 610 (420),
3. Psalm 460 (345),
4. György Gattyán 366 (317),
5. Tibor Veres 320 (254),
6. László Szíjj 280 (193),
7. Dániel Jellinek 276 (240),
8. László Bige 233 (201),
9. Gábor Széles 208 (191),
10. Lajos Kasza 147.5 (136.5).
Mészáros’ biggest move last year was the acquisition of the 35-year road concession, in which he is a member of a consortium heavily interwoven with private equity funds, so it is difficult to even estimate how much the state money paid for the maintenance, renovation and development of highways can bring to the kitchen in the coming years, HUF 96 million in present value annual fee, which, multiplied by the length of the 1,237-kilometer expressway network taken over for operation, gives us HUF 4,156 billion, which is the planned Paks II. Item available for nuclear power plant investment. In addition to his interests in the construction industry, Mészáros is also making great strides in the agricultural sector: he owns the country’s largest herd of cows and, after acquiring Gallicoop Zrt., he can now claim the largest turkey processing company by purchasing Gallfood in Kecskemét. The total balance sheet of Opus Global Nyrt., which is listed on the stock exchange, is brutal, it already exceeded 1,000 billion forints last year, but the share price does not seem to be soaring, after the peak of 258 forints in March last year, it was heading downwards, trading at 114 forints at the time of writing our article.
Although his total assets of HUF 610 billion were only enough for second place, Sándor Csányi, head of Hungary’s central bank, was able to increase his assets more than anyone else. The Russian-Ukrainian war halved OTP’s share price, the loss resulting from the write-down of Russian government securities, the extra profit tax of the Hungarian government and other losses worsened the result by HUF 248 billion, but OTP still produced a profit after tax of HUF 347 billion and a proposed dividend of HUF 300 shareholders can be happy. The head of the bank, who has entered his 70th year, is already thinking about the future of the accumulated family wealth, and is working to keep it together: he created the Unity Asset Management Foundation, in which he puts all his important companies and securities, and the beneficiaries of the foundation are the Csányi couple and the bank president’s five children.
Zsolt Felcsuti’s Switzerland-based MPF group, which holds the third place, mainly realizes its turnover on Western European and overseas markets, the weight of the Hungarian market is insignificant, according to the publication, it can be one percent.
György Gattyán, who has been running the erotic site jasmin.com for years, regained the fourth place. Last year, his most spectacular action in the parliamentary elections was running the Solution Movement, which was good for 1 percent, but he also spent a lot of energy on launching the teqball he managed. The international spread of this is also supported by the Hungarian government, and by the way, it has become Hungarian.
Civil engineering champion with the Duna Aszfalt group László Szíjj this time he was overtaken by the real estate mogul They call Daniel. Szíjj continues to work together with Lőrinc Mészáros, also participating in the road concession business for 35 years. His construction industry group is expanding, he used to be the first to fall out of favor Lajos Simicska Közgép Zrt., and recently threw a lifeline to the bankrupt Horseradish-Dömper group. Its foreign interests reach from Poland to Zambia, the consortium led by GED Africa Ltd. is building a 184-kilometer road between Zambia and Congo. László Szíjj is interested in nearly a hundred companies, including a grain processing company and even a military company through HT Division Zrt.
Through the Indotek Group, Dániele Jellinek owns one of the largest real estate portfolios in Hungary, including the largest shopping center portfolio. Lately, he has made a number of deals with István Tiborcz, for example, he passed on the Gellért Hotel to the prime minister’s son-in-law. He told the 100 richest publication:
I especially like doing business with István, because he knows the market, makes quick decisions, and follows through on what we agree to do.
Jellinek joined Auchan, but the purchase of the large Balkan business, the largest Croatian company, Fortenova, was not completed last year. Although an agreement was reached with Sberbank to acquire a part of the Russian bank’s business, a Dubai sheikh preempted it.
The fertilizer king László Bige, who has been in the crossfire of the authorities for years, sometimes being charged with bribery, sometimes having to litigate for an 11 billion forint competition office fine, is a stable member of the top 10. Although last year energy prices dragged down the fertilizer market, production had to be stopped twice, Nitrogénművek in Pét still set a record: according to the publication, sales exceeded HUF 210 billion and profit before tax reached HUF 28.5 billion.
He is among the big winners István Garancsi, who increased his fortune from 89 billion to 133 billion in one year. Its main interest is the Market group, which is one of the largest players in the construction industry, it is part of the construction of the BMW factory in Debrecen and the SK Innovation battery factory in Iváncsi, but Market’s work is the Mol tower house, and its biggest project is the BudaPart in Lágymány, this investment the total amount exceeds HUF 600 billion. There are 7 casinos in the Garancsi empire, including that Andy Vajna after his death, five game caves in the capital were taken over, the concession for which runs until 2056, and the operator LVC Diamond produces annual dividends of around 10 million without any problems. As we wrote earlier, the casinos brought in the purchase price in two years.
It jumped to 16th place on the charts For Geller Jászai, the president and CEO of 4iG Nyrt., whose fortune increased from 52 billion to 90 billion in one year. With the active participation of the state, 4iG grew in a matter of seconds, which was led to by state assets, state loans, preferential bonds or even customization of legislation – when which version was needed. Most recently, he acquired a majority in Vodafone Magyarország Zrt., and the HUF 660 billion megadeal was partly achieved with the help of a state loan. Through the Growth Bond Program, the central bank contributed about HUF 350 billion in preferential interest funds to the acquisition of Antenna Hungária, Digi and a number of foreign companies. According to the publication’s summary, 4iG’s total net loan portfolio after the Vodafone deal exceeded HUF 800 billion, with only Mol and MVM having larger loans in Hungary.
István Tiborcz, Viktor Orbán’s son-in-law, broke into the ranks of billionaires at the age of 33, already in 32nd place with HUF 35 billion. Four years have passed since then, and his estimated fortune has almost doubled, rising to 25th place with 69.6 billion. BDPST Group, founded in 2015, is growing at lightning speed, not only in the real estate business, but also in the financial sector. Last year’s acquisition was Diófa Alapkezelő Zrt., which manages HUF 500 billion in assets, and through Gránitbank, it also has an interest in Equilor Befektetési Zrt.
Only two women made it to the top 100 list, Hermann Kamillathe minority owner of Indotek Group with HUF 38.52 billion, as well as Schmidt Mariawhose family fortune was estimated by the Szakonyis at HUF 43 billion.
#wealth #superrich #reached #peak #Mészáros #Csányi #Felcsuti #increased #total #billion