Rank #1962
Jaroslav Hascak & family
Net worth $2.1B
Investments · Slovakia
- Born
- Aug 30, 1969
- Age
- 56
- Source
- Investments
- Residence
- Bratislava
- Citizenship
- Slovakia
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- Jaroslav Hascak is cofounder of Penta Investments, which has investments in the healthcare, banking, real estate and aeronautical industries.
- Penta, which he controls with Mark Dospiva, has controlling stakes in Privatbanka, pharmacy chain Dr. Max and sports betting operator Fortuna.
- Hascak and Dospiva (a Czech national) were both studying in Beijing and got started by importing Chinese textiles to chain stores in then-Czechoslovakia.
- During Slovakia's 1996 privatization, Penta gained control over the nation's biggest fund paying only 20 percent of its real market value.
- A very hands-on manager, he has created very competitive culture within the company, called System Up or Out, designed to get rid of weak performers.
- Hascak spent one-tenth of his early earnings to buy his first car, a Fiat Uno; the rest he invested into the stock brokerage business.
- Hascak typically works 12 hours a day, six days a week.