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Petr Kellner

The Czeh businessman Petr Kellner is estimated to have a net worth of $ 9.2 billion according to Forbes' latest annual list of billionaires, turning him into the wealthiest man in the Czech Republic. He is ranked 110. Petr Kellner graduated from the University of Economics, Prague Faculty of Industrial Economics, in 1986. After the Velvet revolution he worked for the Czech company Impromat, an importer and exporter of Ricoh photocopiers. In 1991, after the announcement of Czechoslovak voucher privatization which he had founded, with Milan Vinkler and state-owned glassworks Sklo Union, the investment fund PPF. In 1992, PPF was recognized and the funds' names were changed from privatization to investment. The funds were very successful and purchased stock of more than 200 corporations with value over 5 billion Czech koruna.