Karel Komarek Net Worth $1.5 Billion
Boasting of a net worth of $1.5 billion, Karel Komarek is one of the most successful businessmen in the Czech Republic. As a child, he grew up in a family that had ties to mining and oil. Once he reached adulthood, Komarek began to work in the family business. While he furthered the family's oil and gas interests, his sister and father focused on the machinery portion of the company.
Throughout the 1990s, Karel Komarek managed to expand the family company. Once the Czech Republic began privatizing industries, the family capitalized on the change and united all of the different companies under the title of the KKCG Group. This group currently holds Moravske Naftove Doly. This company is the largest oil and gas company in the country and Karel Komarek has announced plans to merge it with the Russian Gazprom.
Through dedication, luck and hard work, Komarek has managed to amass more than $1.5 billion in net worth. He continues to increase his holdings with a recent acquisition of a 50 percent stake in the betting company, Sazka. Valued at $300 million, this stake represents a large share in the Czech Republic's largest betting company. When he is not working, Karel Komarek likes to relax at Palm Beach where he owns a mansion near the singer, Celine Dion.