Orbán’s closest friend silently admitted being one of the richest people in Hungary

Lőrinc Mészáros, along with his family, is probably one of the wealthiest people in Hungary. According to the estimation, the former mayor of Felcsút, his wife, and his children possess as much money (if not more) as the entire fortune of Sándor Csányi, who has been at the top of the list for years. However, the sum of the Mészáros family’s money is added up only from their stocks, not mentioning other goods.

This means that Hungary has another billionaire besides OTP leader Sándor Csányi, G7.24.hu said. Today, one needs to have about 260 billion forints (about 84 million euros) to make it to the list.

Mészáros‘s wealth grew abruptly. His childhood friend, Prime Minister Viktor Orbán, announced on Friday that

Lőrinc Mészáros and his wife now own the firm Konzum PE Magántőkealap.

Notably, this investment has a considerable share in the biggest companies of the stock market empire, which already are owned by Mészáros.

It was already known that the Mészáros family might be one of the investors in Konzum PE, but the official ownership was not clarified until now because it is not compulsory to make it public.

Konzum Nyrt, that handles the capital investment, was allowed to announce the news only because Mészáros released the directory from the trade secret.

The announcement clarified the ownership of the company empire’s (also called as the “Mészáros Group”) stock market part. Based on the Budapest Stock Exchange’s data, g7.24.hu estimated how much stock value the Mészáros family may own.

As for Friday the 4th of May 2018, the Mészáros family owns 70 percent of Opus Nyrt, 60 percent of Konzum Nyrt, and 37 percent of Appeninn Nyrt. The estimated value of these was about 208 billion forints (about 670 million euros) according to the closing exchange rate on Friday. This excludes, however, the tranche that Opus Nyrt will give to Mészáros for handing over his companies. It was announced in February that the billionaire was going to exchange some of his companies for Opus papers. Based on the data from that time, he will receive further 100-130 million stocks worth 70-90 billion forints (about 226-290 million euros). All in all,