| Name: | Miodrag Kostic |
| Net Worth: | $500 million |
| Source of Wealth: | MK Group |
| Born: | August 25, 1959 |
| Age: | |
| Country: | Serbia |
| Wife: | Marijana Matthäus |
| Children: | Dajana Kostic, Aleksandar Kostic, Angela Kostic |
| Residence: | Belgrade |
| Private Jet: | (S5-JVA) Gulfstream G450 |
| Yacht: | Alexandar |
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.
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.
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.
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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He lives with his wife Marijanna in a very large and recently built house in Belgrade, Serbia. The house has a large underground garage and pool.
Belgrade, the capital city of Serbia, is an ancient city with a rich history dating back to Roman times. With its commanding position at the confluence of the Sava and Danube rivers, Belgrade is a melting pot of various cultures, architectural styles, and historic tales. The city’s crown jewel, Belgrade Fortress, offers panoramic views of the city and bears silent testimony to its turbulent past. Belgrade is also renowned for its vibrant nightlife, with numerous bars, clubs, and floating river barges known as ‘splavovi’. The city’s Bohemian Quarter, Skadarlija, is famous for its quaint cobblestone streets, traditional Serbian restaurants, and vibrant live music. The striking beauty of the Church of Saint Sava, one of the largest Orthodox churches in the world, captivates visitors. Contemporary Belgrade is a hub of arts and culture, with numerous museums, theaters, and galleries. Nikola Tesla Museum is a must-visit for science enthusiasts. Despite its dynamic growth, Belgrade has retained its relaxed pace of life, offering numerous parks for leisure and relaxation. The city’s charm lies in its contrasts – a blend of old-world allure and modern vibrancy.
He is the owner of the yachts Alexandar, Aleksandar VI and Aleksandar VII. He named the yachts after his son Aleksandar.
He is the owner of a Gulfstream G450 private jet, with registration S5-JVA.
The Gulfstream G450 is a large business jet produced by Gulfstream Aerospace, a subsidiary of General Dynamics. It is part of the Gulfstream IV family of aircraft and was first introduced in 2005. The G450 is known for its spacious and luxurious cabin, which can accommodate up to 16 passengers in a variety of configurations. It is equipped with advanced avionics and safety features, including a glass cockpit, a weather radar system, and a full authority digital engine control (FADEC) system. The aircraft is powered by two Rolls-Royce Tay 611-8C engines, which provide high performance and reliability. It has a maximum speed of 450 knots (833 km/h) and a range of up to 4,350 nautical miles (8,065 km), making it capable of flying non-stop from London to Los Angeles. The Gulfstream G450 is no longer in production as it has been replaced by newer models. However, when it was available for purchase, its list price was around $43 million USD.
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Super Yacht Owners Database 2025
