Zdenek Bakala Net Worth $1.1 Billion
Born on February 7, 1961 in Opava, Czechoslovakia, Zdenek Bakala is a native of the Czech Republic. He possesses a net worth of $1.5 billion from his businesses and investments. When Bakala was just 19 years old, he emigrated to the United States. He enrolled at Dartmouth College and receive his master's degree in business administration. After graduating, Zdenek Bakala worked at Credit Suisse First on the Czech desk.
He continued in this role in Boston, London, New York City and Prague. By 1994, he created a private investment banking group in the Czech Republic. Dubbed Patria Finance, this was the nation's first investment banking group. Bakala managed the company before he sold it in 2001 to KBC Bank. By 2004, Bakala served as one of the founders of Bakala Crossroad Partners.
This company began to acquire other businesses and investments in the area. Bakala Crossroad Partners owns railway freight companies, real estate interests and a part of the mining industry. In addition, Bakala is active in the media field. He works with the Vaclav Havel Library and holds shares in the Economia publishing house. In his personal life, Zdenek Bakala married the former Miss Czech Republic, Michaela Malacova. Together, the couple has three children.