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Daniel Křetínský: A Glimpse into the Life of a Czech Billionaire
Zatrun
Zatrun Published at July 15, 2024

Daniel Křetínský, pronounced as, is a prominent figure in the world of business and law, hailing from the Czech Republic. As the CEO and majority owner, holding a staggering 94% of Energetický a průmyslový holding (EPH), the largest energy group in Central Europe, his influence extends far beyond his home country.

In addition to his role at EPH, Křetínský is known for co-owning and presiding over the football club AC Sparta Prague and holding a directorial position and a substantial share in the English football club West Ham United. This comprehensive exploration by Zatrun.com delves deep into the life and career of Daniel Křetínský, unveiling the remarkable journey of this Czech billionaire.

Early Life and Academic Pursuits

Daniel Křetínský’s journey begins with his family background. His father, Mojmír Křetínský, is a distinguished informatics professor at Masaryk University, while his mother, Michaela Židlická, served as a former justice of the Constitutional Court of the Czech Republic. These familial influences laid the foundation for his path in law and business.

Křetínský embarked on his academic journey at Masaryk University, where he pursued a degree in law. After successfully completing his studies, he ventured into the legal profession as a legal trainee at a reputable law firm, where he gained valuable experience and honed his skills.

Daniel Křetínský: Career Milestones

In 1999, Daniel Křetínský took a significant step in his career by joining J&T, a renowned financial group, in the capacity of a lawyer. Over the years, he proved his expertise and dedication, eventually earning the title of partner in 2003.

One of the notable aspects of Křetínský’s career is his multifaceted involvement in the realm of sports. Since 2004, he has held the position of chairman at the football club AC Sparta Prague. It is believed that he is a substantial shareholder, holding around 40% of the club’s ownership.

Křetínský’s most significant career move took shape in 2009 when he, along with J&T, founded Energetický a průmyslový holding (EPH). This marked a pivotal moment as he assumed the role of chairman and held a 20% stake in the company. His journey with EPH involved transformative transactions and ownership changes, eventually leading him to secure a substantial 94% ownership of the energy giant by 2016.

Apart from his involvement in the energy sector, Křetínský diversified his portfolio by becoming one of the owners of the Czech media house, Czech News Center. This media house is renowned for publishing tabloid Blesk, among other publications.

Expanding Global Influence

Křetínský’s influence isn’t confined to the borders of the Czech Republic. His acquisition of a significant stake in the French newspaper Le Monde in 2018 attracted attention. The sale of this stake raised questions about the editorial independence of the newspaper. His global investments also extend to the United Kingdom, where he acquired a notable interest in J Sainsbury plc, a major supermarket chain.

One of the noteworthy milestones was his holding company, Vesa Equity Investment Sarl, becoming the largest shareholder of Foot Locker. Such global investments signify Křetínský’s expanding influence on the international business stage.

Venturing into the World of Football in England
In November 2021, English football club West Ham United announced Křetínský’s entry into the world of English football. He and his colleague, Pavel Horský, acquired 27% of the club’s shares, securing directorial roles. This move demonstrates his enthusiasm for football beyond the borders of the Czech Republic.

In 2022, Daniel Křetínský made headlines for his intentions to increase the shareholding of his company, Vesa Equity Investment Sarl, in Royal Mail. The British government’s review of this investment under the National Security and Investment Act created a significant buzz.

A Peek into His Personal Life

Beyond his illustrious career, Křetínský’s personal life offers intriguing insights. He is in a relationship with Anna Kellnerová, the daughter of his business associate, Petr Kellner, who was one of the wealthiest individuals in the Czech Republic.

In 2015, Křetínský made headlines for his acquisition of the Heath Hall mansion in London for a staggering £65 million. This grand mansion boasts 15 bedrooms, 13 bathrooms, a cinema, and even a tennis court, reflecting his opulent lifestyle.

In conclusion, the life and career of Daniel Křetínský stand as a testament to entrepreneurial success and global influence. From his roots in the Czech Republic to his investments in the UK and France, his journey continues to be a source of fascination and intrigue. Zatrun.com’s in-depth exploration has shed light on the exceptional path of this Czech billionaire, lawyer, and football enthusiast.

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