Jaroslav Hascak & family
$2.2B
Born
Aug 30, 1969
Age
56
Source of Wealth
Investments
Residence
Bratislava,
Citizenship
Slovakia
Marital Status
Married
Children
0
Education
- 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.
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