Entrepreneurs
Petr Kellner Net Worth

Net Worth: | $19 Billion |
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Born: | May 20, 1964 |
Died: | March 27, 2021 |
Gender: | Male |
Height: | 1.73 m (5 ft 8 in) |
Country of Origin: | Czechian |
Source of Wealth: | Entrepreneur |
Last Updated: | June 9, 2025 |
Introduction
Petr Kellner was a Czech billionaire businessman and founder of PPF with an estimated net worth of $19 Billion.
Net Worth History
Year | Net Worth |
---|---|
2012 | $8.2 Billion |
2013 | $10.4 Billion |
2014 | $11 Billion |
2015 | $8.4 Billion |
2016 | $10.6 Billion |
2017 | $12.2 Billion |
2018 | $15.5 Billion |
2019 | $15.5 Billion |
2020 | $14.9 Billion |
2021 | $17.5 Billion |
Before Wealth & Fame
Before he became even wealthier than Richard Branson, Petr Kellner graduated from the University of Economics, Prague Faculty of Industrial Economics, in 1986. After graduating, Kellner worked as a production assistant at Barrandov Studios, a film studio in the Czech Republic.
While working there, he even landed a cameo in the 1989 film Time of the Servants, though acting wasn’t set to be his passion. Following the Velvet Revolution, Kellner learned how to develop a wealthy mindset and began working for Impromat as an importer and seller of Ricoh photocopiers.
PPF
After the Czechoslovak voucher privatization and before the emergence of the best investment apps, Petr Kellner founded the investment fund First Privatization Fund (PPF) in 1991. The following year, Kellner, along with his partner, Milan Vinkler, changed the funds’ name from privatization to investment and purchased stock in over 200 corporations.
In 1995, PPF acquired a 20% stake in Ceska Pojistovna, the largest insurance company in the Czech Republic, and assumed management control. Like the richest people in the world, Kellner focused on growing his investments to build a secure fortune.
Kellner used PPF to buy a 31.5% stake in Ceska Pojistovna from IPB in 2000 for around $27.27 million. However, the transaction ended with IPB having to pay PPF $40.93 million in penalties, which was a major boon to Kellner.
Later, PPF purchased additional shares from Komercni Banka and the Czech state, becoming Ceska Pojistovna’s dominant owner in 2001, with a 93% stake in the company.
Kellner’s Growing Influence
In 2007, Petr Kellner’s company, PPF, signed a contract with Assicurazioni Generali, creating a joint venture between the two. This gave PPF access to Assicurazioni Generali’s corporations in the Czech Republic, Slovakia, Poland, Hungary, Romania, Ukraine, Serbia, and more. According to press releases at the time, PPF owned 49% of the company, with Generali paying them $1.29 billion for their stake.
From 2007 to 2013, Petr Kellner sat on the board of directors for Generali and later bought a 2.02% stake in the company himself. In 2013, PPF sold its shares in Generali PPF Holding back to Generali for around $3.32 billion, making it the sole owner in 2015.
Although Kellner wasn’t as wealthy as Warren Buffett at this time, he had become the 224th richest man in the world.
A Lasting Legacy
Along with joining Generali’s board of directors in 2007, Kellner was also announced as a member of the board of directors of Central European Media Enterprises. While that wasn’t terribly significant at the time, by 2019, PPF Group had acquired the entirety of CME, taking it under its management.
A few years later, in 2013, Kellner purchased the Hotel Praha in the Dejvice area of Prague, a luxury hotel built under Communist rule. The following year, he had the Hotel Praha demolished to make way for the Open Gate private school on the land. However, one Open Gate location was built in 2005 outside of Prague, and it was amalgamated with The Kellner Family Foundation in 2011.
Although he was on his way to becoming as wealthy as Jack Ma, Petr Kellner was unfortunately killed in a tragic helicopter crash in 2021. While heliskiing, the helicopter he was on crashed into a mountain, and though he was able to survive the crash, he passed away while awaiting rescue. His family is now suing over the crash that took Petr away when he was only 56 and in the prime of his successful career.
Estimated Net Worth
Petr Kellner’s net worth is estimated to be roughly $19 Billion.
Philanthropy
In 2009, Kellner and his wife created the Kellner Family Foundation. Over the years, they have donated a fortune to various charities. They have helped create a school and provided opportunities to impoverished, disabled, and extraordinarily gifted children, among others. They focus heavily on education-related activities to improve their nation’s education system. The foundation has also made significant donations to cultural and health-based causes, as well as some individual funding.
Highlights
Here are some of the best highlights of Petr Kellner’s career:
- Founder of PPF
- Assicurazioni Generali (2007)
- Kellner owned 98.94% of the PPF financial group (2013)
Entrepreneurs
Rich Paul Net Worth

Net Worth: | $120 Million |
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Age: | 43 |
Born: | December 16, 1981 |
Gender: | Male |
Height: | 1.85 m (6 ft 1 in) |
Country of Origin: | United States of America |
Source of Wealth: | Sports Agent |
Last Updated: | Aug 13, 2025 |
Introduction
Rich Paul is an American professional sports agent with an estimated net worth of $120 Million.
As the founder and owner of Klutch Sports Group, Rich Paul manages contracts for almost 200 professional athletes across basketball, baseball, football, and soccer. The company manages several billion dollars in contract value at any one time, taking a commission of between 3% and 5% on each negotiated contract.
Klutch Sports Group
In 2012, Rich Paul launched Klutch Sports Group, a sports agency responsible for managing professional athletes and their contract negotiations. When the company was first founded, Klutch Sports focused primarily on the NBA, but gradually expanded into half a dozen sports leagues, including the MLB, MLS, NFL, and WNBA. They were initially headquartered in Cleveland, Ohio, but later established their headquarters in Beverly Hills, California. Based on the most recent information available, Klutch Sports now has locations in Atlanta, Cleveland, Nashville, New York, and Los Angeles.
Expansion by Acquisition
Although Rich Paul initially focused on the NBA, the company’s growth allowed him to expand into other sports. Instead of entering new leagues from the ground up, Klutch Sports focused on acquiring notable agencies that held a larger number of clients from a particular sport. Unfortunately, none of the financial details from each of the company’s acquisitions has been publicly disclosed, but here’s what we do know:
- 2020 – Tidal Sports Group (MLB)
- 2020 – Revolution Sports Agency (NFL)
- 2023 – Elite Athlete Management (NFL)
- 2023 – Rep 1 Baseball Agency (MLB)
- 2024 – ROOF (European soccer)
With all of these acquisitions, Klutch Sports was able to bring in all of the companies’ former clients. For the MLB agencies, Tidal Sports Group and Rep 1 Baseball, Klutch Sports added clients such as Alex Bregman, Marcus Stroman, Rafael Devers, and Devin Williams.
As for the two NFL agencies, Revolution Sports and Elite Athlete Management, the acquisitions added a substantial number of successful players to the Klutch Sports roster. This included:
- Alvin Kamara
- Christian Kirk
- Danielle Hunter
- Jarvis Landry
- Melvin Gordon
- Odell Beckham Jr.
- Xavien Howard
While these clients were acquired through acquisitions, it’s essential to note the existing NBA client list that Klutch Sports has built since 2012. This list includes heavy hitters such as:
- Anthony Davis
- Darius Garland
- De’Aaron Fox
- Draymond Green
- Fred Vanvleet
- LeBron James
- Lonzo Ball
- Trae Young
- Zach Lavine
Contract Value & Commission
It’s challenging to evaluate just how much money Klutch Sports holds under management, as this would include the combined value from every active contract of all its clients. This is not just limited to team contracts, but also brand endorsement deals. In 2021, TIME magazine listed Klutch Sports among the top 100 most influential companies of the year, reporting over $1.8 billion in contracts under management for clients in the NBA and NFL.
The maximum commission that a sports agent can command from a player’s contract agreement is 4% in the NBA and WNBA. However, for the NFL, the percentage is capped at 3%, and in the MLB, the maximum is 5%. These caps are not expanded to brand endorsements, and agencies typically take a cut of between 10% and 20% for such deals.
Klutch Sports typically sticks to the maximum percentage cap; thus, if their client signs a $100 million contract, the agency can earn up to $40 million (NBA), $50 million (MLB), and $30 million (NFL).
Notable Contract Commissions
As of 2025, Klutch Sports reportedly has nearly 200 professional athletes under management across four separate sports, meaning that a 3-5% commission, even for lower-value contracts, can quickly accumulate. Some of Paul’s most notable negotiations, of course, include his experience managing LeBron, securing multiple agreements valued at over $400 million. At a 4% commission, assuming LeBron earned the full value of the deal, the agency would have earned $16 million.
When Anthony Davis signed a three-year, $186 million contract with the Los Angeles Lakers, Klutch Sports potentially earned $7.4 million in commission.
Other notable deals include:
- Fred VanVleet – $130 million (estimated $5.2 million commission)
- Draymond Green – $100 million (estimated $4 million commission)
- Jerami Grant – $160 million (estimated $6.4 million commission)
Real Estate
Paul owns a beautiful home in Los Angeles, which he purchased for $4.35 million. It’s a traditional home, featuring six bedrooms and five and a half bathrooms.
Entrepreneurs
Joel Glazer Net Worth

Net Worth: | $1 Billion |
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Age: | 58 |
Born: | March 31, 1967 |
Gender: | Male |
Height: | 1.73 m (5 ft 8 in) |
Country of Origin: | United States of America |
Source of Wealth: | Entrepreneur |
Last Updated: | Aug 13, 2025 |
Introduction
Joel Glazer is an American businessman and part of the Glazer family with an estimated net worth of $1 Billion.
The family controls First Allied Corporation and the Zapata Corporation, as well as the Tampa Bay Buccaneers of the NFL and England’s Manchester United Football Club. Glazer was born in Rochester, New York.
Quick Facts
- Estimated 16.7% stake in Tampa Bay Buccaneers valued at $900 million
- Acquired 68% of Manchester United for £800 million in 2005
- Remaining 47% stake in the club is valued at over $1 billion
Tampa Bay Buccaneers Acquisition
In January 1995, Joel’s father, Malcolm, secured an agreement to purchase the NFL’s Tampa Bay Buccaneers after the former owner, Hugh Culverhouse, had passed away in August of the prior year. As it turns out, Malcolm had been desperate to own an NFL team, and in 1993, had put in a bid to bring an NFL team to Baltimore. Back then, the Ravens didn’t exist, but unfortunately, Malcolm’s bid was rejected.
Finally, he was able to acquire the Buccaneers for approximately $192 million and placed both of his sons, Joel and Edward, in leadership positions. Joel was 28 years old at the time.
Thirty years later, and here we are; the franchise remains in the hands of the Glazer family, with ownership split among the six siblings. The exact split has never been confirmed, but just assuming it’s an even split, Joel would own roughly 16.7%. In August 2024, Forbes valued the team at $5.4 billion, which is a whopping $5.2 billion more than their father paid. Assuming Joel has always held a 16.7% stake, in 1995, it would have been worth roughly $32.06 million, and by 2024, it had grown to $901.8 million.
Manchester United Acquisition
In May 2005, Joel Glazer and his family negotiated a deal to acquire 68% of the English Premier League soccer club, Manchester United. The acquisition, made through their company Red Football Ltd, was worth a reported £800 million (approximately $1.46 billion at the time). This would have placed the club’s valuation at roughly £1.18 billion ($2.15 billion).
The purchase initially put Manchester United under a heavy financial burden, as much of the £800 million was secured by borrowing against the club’s assets. It has been reported that this led to the club holding significant debts, owing £60 million per year in interest payments alone.
Although Manchester United is no longer a dominant force in the English Premier League, they were the league’s strongest club for seven years following the investment. In five of those years, they won the league, finishing second in the other two. As a result, the club’s value has increased significantly over the past two decades.
In December 2023, INEOS, led by billionaire Jim Ratcliffe, acquired 25% of the club’s A and B class shares at $33 per share. Since then, he’s increased his overall stake to roughly 28.9%.
As of May 2025, Joel Glazer holds a remaining stake of 43%, and the club’s market valuation is approximately $2.4 billion. This would equate to Glazer’s stake being worth an estimated $1.03 billion.
Philanthropy
Glazer supports various charities. His family founded the Glazer Family Foundation, which is dedicated to supporting children in the Tampa Bay area through various charitable initiatives.
Entrepreneurs
Ma Huateng Net Worth

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Net Worth: | $31.4 Billion |
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Age: | 52 |
Born: | October 29, 1971 |
Gender: | Male |
Height: | 1.65 m (5 ft 5 in) |
Country of Origin: | China |
Source of Wealth: | Entrepreneur |
Last Updated: | February 15, 2024 |
Introduction
Ma Huateng is a Chinese business magnate, engineer, internet and technology, and philanthropist with an estimated net worth of $31.4 Billion.
Huateng is the chairman, founder, and chief executive officer of Tencent, Asia’s most valuable company, and one of the world’s largest Internet and technology companies.
Quick Facts
- Holds an 8.7% stake in the Chinese tech company Tencent
- Typically earns between $6 million and $8 million in annual compensation
- Peak estimated net worth of $65.8 billion in 2021
Net Worth History
Year | Net Worth |
---|---|
2009 | $3.5 Billion |
2010 | $4.4 Billion |
2011 | $5 Billion |
2012 | $6.4 Billion |
2013 | $12.1 Billion |
2014 | $13.4 Billion |
2015 | $16.1 Billion |
2016 | $16.6 Billion |
2017 | $24.9 Billion |
2018 | $45.3 Billion |
2019 | $38.8 Billion |
2020 | $38.1 Billion |
2021 | $65.8 Billion |
2022 | $37.2 Billion |
2023 | $35.3 Billion |
2024 | $31.4 Billion |
2025 | $46.2 Billion |
Although almost all of Huateng’s wealth has been generated through his ownership stake in Tencent Holdings, the percentage has gradually been reduced over time. This is primarily due to minor share sell-offs and the addition of new investors. At the time of the company’s founding, Ma Huateng owned 47.5% of the company. Over time, this has been reduced to an estimated 8.7%.
In 2009, Huateng’s net worth was estimated at approximately $3.5 billion. However, in 2012, Tencent’s market cap exploded to over $50 billion thanks to the growth of WeChat, the Chinese equivalent of WhatsApp. As a result, Huateng’s net worth almost doubled throughout the year, from $6.4 billion to $12.1 billion.
Tencent’s valuation continued to increase dramatically over the next several years, reaching $563 billion in 2018, with Huateng’s stake worth an estimated $45.3 billion. In recent years, China has proposed and introduced new, stricter regulations on the gaming industry, which have significantly affected Tencent’s market cap on more than one occasion.
In 2018, Chinese regulators introduced regulations requiring new games to receive approval from authorities before being released. Since 30% of Tencent’s revenues come from the online gaming industry, its valuation took a massive hit, wiping out over $200 billion in just nine months. Huateng’s net worth would have dropped significantly between 2018 and 2019; however, towards the end of the year, the company began recovering at a steady pace.
Tencent reached a new peak market capitalization of $916 billion in 2021, but suffered setbacks again from the Chinese government. The government proposed a new rule to curb the amount of money players can spend on online gaming. Huateng’s net worth went from a peak of $65.8 billion to $37 billion in a single year.
Tencent Compensation
While we don’t have a complete history of Ma Huateng’s annual Tencent compensation, we do have information regarding several recent years. This includes 2020, when he received a total compensation of CNY 58.74 million, equivalent to roughly $8.21 million.
In 2021, reports of his earnings are slightly more transparent, receiving a base salary of CNY 7.33 million ($1.02 million), bonuses of CNY 35.52 million ($4.97 million), plus pension contributions and director bonuses totaling CNY 1.26 million ($176,000). In 2023, Huateng earned a total compensation of CNY 42.92 million ($6 million).
All things considered, it appears that Ma Huateng’s total annual compensation from Tencent typically ranges between $6 million and $8 million per year.
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