What is Radovan Vitek's Net Worth?
Radovan Vitek is a Czech businessman and entrepreneur who has a net worth of $2 billion. Radovan Vitek was born in Brno, Czechoslovakia in January 1971. Vitek is one of the richest people in Czechoslovakia. He has built a real estate empire including Czech Property Investments and CPI Group. His portfolio includes hotel, retail, and office properties located across the Czech Republic.
Vitek has branched out to France, Germany, and Switzerland. He started off by importing blankets from Germany after communism collapsed in 1989. Vitek was involved in the voucher privatization of Slovakia in the 1990s before moving to the Czech Republic in 1997 where he initiated the hostile takeover of a bee cooperative and turned their headquarters into a luxury hotel. After the commercial real estate markets collapsed in 2007 he bought properties cheap to invest in them. Vitek is a traveler who owns a yacht worth $20 million.