West Ham News: Kretinsky's Wealth Continues to Soar
According to Forbes' live tracker, Daniel Kretinksy presently possesses a total worth of £7.54 billion.
This indicates an increase of £3 billion in contrast to the £4.52 billion disclosed in the 2022 wealthy list by Forbes in the United States.
According to the Forbes 2021 rich list, he had a net worth of £3.43 billion when he invested in West Ham. However, he has now amassed more than £4 billion.
Forbes reports that the Czech billionaire has experienced a remarkable increase in their total net worth, which skyrocketed from £1.6 billion in 2017 to £2.85 billion in 2020.
Kretinsky has been a minority shareholder for quite some time. He owns 49% of Sparta Prague, and he also has minority shares in many other big companies like Royal Mail, Sainsbury's, Macy's, Footlocker, Le Monde, and German retail giant Metro AG. This is just a small sampling of his wide-ranging portfolio.
The individual from Czech Republic invested £168.75m to acquire 27% ownership in West Ham. Additionally, the same person was successful in winning a government auction to secure £1.5bn of financial assistance for their power plant situated in Yorkshire.
