Rahimkulov remains Hungary's richest, Népszabadság says

Food

Mikhail Rahimkulov, a former OAO Gazprom executive, remained Hungary's richest man for the second year running with a fortune worth Ft 153 billion ($713 million), according to a list compiled by Népszabadság.

He is trailed by Sándor Demján, a real estate developer and owner of TriGránit Zrt, who is worth an estimated Ft 80 billion, and by OTP Bank Nyrt Chairman and CEO Sándor Csányi, worth Ft 55 billion, the newspaper said.
Rahimkulov, whose fortune was Ft 80 billion last year, owns ÁÉB Bank Zrt. He is of Russian descent and has lived in Hungary since 1994. Together with his sons, he bought a 5.3% stake in OTP last month. His previous investments include broadcaster Antenna Hungária Zrt, tile maker Zalakerámia Zrt and chemicals company BorsodChem Nyrt.

ADVERTISEMENT

17% of homeowners plan renovations this year Analysis

17% of homeowners plan renovations this year

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.