RADOVAN VITEK • Net Worth $5.7 Billion • House • Yacht • Private Jet • CPI Property Group

Name:Radovan Vitek
Net Worth:$5.7 billion
Source of Wealth:CPI Property Group
Born:January 22, 1971
Wife:Marie Vitek
Residence:Rydinghurst, Waverley, UK
Private Jet:(OK-GRX) Bombardier Global 6000
Yacht:Baron Trenck

Unveiling the Journey of Radovan Vitek: From Real Estate Visionary to Billionaire

Gain insights into the life and accomplishments of Radovan Vitek, a charismatic figure who has left an indelible mark on the world of real estate development. As the owner of the renowned CPI Property Group, Vitek has built a reputation that extends far beyond the borders of his native Czechia. Born in 1971, Vitek is one of the wealthiest men in his country, having built an empire that spans Central Europe and beyond.

Key Takeaways

  • Radovan Vitek, a Czech billionaire and owner of the CPI Property Group, is amongst the wealthiest individuals in Czechia and a formidable player in the real estate industry.
  • The CPI Property Group, with a portfolio valued at roughly US$ 8 billion, is one of the largest real estate owners in Central Europe and Germany and the largest property owner in Czechia.
  • Radovan Vitek’s net worth is estimated by Forbes to be around $5.7 billion, based predominantly on his shareholding in the CPI Property Group.

Radovan Vitek: A Glimpse into the Life of a Real Estate Mogul

Radovan Vitek is more than just a billionaire real estate developer; he is a dedicated family man, devoted to his wife Marie and their four children. As one of the richest individuals in Czechia, Vitek’s journey has been marked by shrewd business acumen, relentless drive, and a unique understanding of real estate markets.

The CPI Property Group: Dominating Central European Real Estate

The CPI Property Group is a testament to Vitek’s exceptional leadership and vision. As one of the largest real estate owners in Central Europe and Germany, and the largest property owner in Czechia, the group has cemented its place in the annals of European real estate.

Although the group’s headquarters are in Luxembourg, and its shares are listed on the Frankfurt Stock Exchange, its heart lies in Czechia and Berlin, where approximately 78 percent of its properties are located. The group’s influence extends to Hungary, Poland, Slovakia, and Croatia, and even touches Switzerland, France, Italy, Romania, and Russia.

The current real estate portfolio of the CPI Property Group is valued at an impressive EUR 7 billion (roughly US$ 8 billion), with Vitek owning a commanding 91% of the company’s shares.

Assessing Radovan Vitek’s Net Worth

Radovan Vitek’s net worth, as estimated by Forbes, stands at a staggering $5.7 billion, a figure reflective of his substantial shareholding in the CPI Property Group. It’s a testament to the impact he has made in the world of real estate and beyond.

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Yacht Baron Trenck Owner

Radovan Vitek

Watch this video!

Radovan Vitek House

Radovan Vitek Yacht

He is the owner of the yacht Baron Trenck. (He ordered a new yacht which will be delivered in 2023.)

The MY Baron Trenck, a creation of Eurocraft CN, embodies luxury and history, echoing the spirit of its namesake, Baron Friedrich von der Trenck.

Equipped with top-tier MTU engines, the Yacht Baron Trenck boasts a top speed of 14 knots and a cruising speed of 11 knots, making it ideal for long-distance sea travel.

The exquisite interior of the Baron Trenck Yacht can comfortably host up to 10 guests, ensuring a memorable and luxurious journey at sea.