Is an enigmatic Hungarian businessman the world’s 36th wealthiest person with EUR 34.35 billion?
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The unknown Hungarian businessman’s wealth is 1.5 times bigger than the first 100 wealthiest Hungarians, including PM Orbán’s friend, Lőrinc Mészáros. He is Europe’s fifth wealthiest person and the 36th in the world. Typing mistake or real wealth is behind János György T.?
Typing mistake or existing money?
János György T. owns two companies having billions of euros. For comparison, the Hungarian government is struggling with Brussels for a similar amount of money for Hungary’s development between 2021 and 2027. The two companies submitted a one-page report saying that both firms are hybernated. That means they do not have income or expenditures. Therefore, they do not pay taxes, G7.hu found.
Journalists at the online news outlet thought Donor Ltd. made a typing mistake of three magnitudes. Such mistakes are rare but happen sometimes if the accountants write data in forint instead of thousand forints in relevant charts. Donor Ltd. is unknown even to journalists, but based on their 2023 report, they had HUF 6,534 billion (EUR 16.62 billion). That means they are in Hungary’s top 10.
The company was founded only in November 2023, and its seat is in a twin house in Budapest’s 14th district.
The company’s sole owner increased capital by HUF 4,532 billion last December. G7 excluded a typing mistake because the relevant paper contains the number and the written sum. Furthermore, there are documents confirming that the owner transferred the money to the firm account. Moreover, the company has a long-term liability of HUF 2002 billion, coming from one stockholder. That means the enigmatic owner of the company put more than HUF 6,500 billion into the company last year.
