Portrait of Pavel Tykac

Rank #398

Pavel Tykac

Net worth $8.9B

Coal mines · Czech Republic

Born
May 15, 1964
Age
62
Source
Coal mines
Residence
Prague
Citizenship
Czech Republic
Marital status
Married
Children
4
Education
Master, Czech Technical University, Prague

Net worth over time

Biography

  • Coal, energy and real estate investor Pavel Tykac began as a computer distributor in the early 1990, plowing profits into a small regional bank.
  • In 1992 he and four colleagues cofounded Motoinvest, which specialized in hostile takeovers during the Czech Republic's privatization program.
  • His largest assets are two Czech coal mining firms and a power plant that he owns through Lichtenstein-based Sev.en Energy Group.
  • In 2019, Sev.en Energy purchased a 50% stake in InterGen, which operates power plants in the United Kingdom and Australia.

Financial assets

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