MIODRAG KOSTIC • Net Worth $500 million • House • Yacht • Private Jet • MK Group

Name:Miodrag Kostic
Net Worth:$500 million
Source of Wealth:MK Group
Born:August 25, 1959
Wife:Marijana Matthäus
Children:Dajana Kostic, Aleksandar Kostic, Angela Kostic
Private Jet:(S5-JVA) Gulfstream G450

Charting the Beginnings of Miodrag Kostic

Miodrag Kostic, the visionary founder of MK Group, was born on August 25, 1959. He shares his life with his spouse, Marijana Matthäus. Kostic embarked on an entrepreneurial journey in 1983 that eventually saw him establish the MK Group, a small trading firm that has grown significantly over the years.

Key Takeaways:

  • Miodrag Kostic, born in 1959, is the founder of MK Group and is married to Marijana Matthäus.
  • The MK Group, started as a small trading firm in 1983, now encompasses 36 companies across various sectors and employs over 4,500 individuals.
  • Headquartered in Belgrade, MK Group’s main focus is agricultural production and trade but has diversified into IT, financial services, real estate, and warehouse leasing.
  • The group is the largest sugar producer and exporter in Serbia, earning Kostic the moniker ‘Sugar King’.
  • Miodrag Kostic’s net worth is estimated at $500 million, making him the wealthiest individual in Serbia.

Growth and Expansion of MK Group

From humble beginnings in Serbia, the MK Group is now an influential conglomerate that encompasses 36 companies and employs over 4,500 people. Headquartered in the bustling city of Belgrade, the MK Group initially focused on agricultural production and trade but has since expanded its horizons into diverse sectors such as IT, financial services, real estate, and warehouse leasing.

From Entrepreneur to Serbia’s ‘Sugar King’

MK Group’s significant impact on the Serbian agricultural sector has earned Kostic the nickname ‘Sugar King’. The group has emerged as the largest sugar producer and exporter in Serbia, reflecting its commitment to high-quality production and trade.

Miodrag Kostic’s Accumulated Wealth and Influence

As the mastermind behind MK Group’s success, Miodrag Kostic has built a substantial personal fortune. His estimated net worth stands at a staggering $500 million, making him the richest man in Serbia.

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Yacht Aleksandar Owner

Miodrag Kostic

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Miodrag Kostic House

Yacht Alexandar

He is the owner of the yachts Alexandar, Aleksandar VI and Aleksandar VII. He named the yachts after his son Aleksandar.