Similarly to previous years, Forbes magazine has published the list of the 50 wealthiest Hungarians. Let’s see who is in the lead with around EUR 1.3 billion.
Every year since 2018, Forbes magazine has published the TOP 50 list of the wealthiest Hungarians. The past three years have clearly shown the rise of Lőrinc Mészáros, which has been proven again this year. As the Hungarian news portal reports,
Lőrinc Mészáros is in the lead of the ranking with an estimated EUR 1.3 billion (HUF 488.1 billion), followed by Sándor Csányi, the CEO of OTP, whose wealth is estimated at EUR 1.26 billion (HUF 468.9 billion).
The competition between Hungary’s two richest men has never been so close. In 2018, the wealth of Lőrinc Mészáros exceeded that of Sándor Csányi by EUR 175-230 million (HUF 65-85 billion). This year, however, the difference is “only” EUR 51.8 million (HUF 19.2 billion).
This might be explained by the unprecedented stagnation of Lőrinc Mészáros’s wealth, which has not increased as dynamically this year as in previous years. Numerically, the billionaire from Felcsút has increased his wealth by “only” EUR 24.3 million (HUF 9 billion) in 2021.
On the other hand, Sándor Csányi has increased his wealth by nearly EUR 202 million (HUF 75 billion), the largest increase since 2014. This is mainly due to the growth of Bonafarm Group, but the value of the bank leader’s OTP package has also increased significantly. In its quarterly reports for 2021, the bank has set record after record, with its share price having reached a historic peak in November.
Previously, the two Hungarian billionaires were among the richest people in the world on Forbes‘s World’s Billionaires List. They are already on Forbes.com’s real-time online list with the current data.
This year, a record number of billionaires with a fortune of over a hundred billions are on the list: a total of 16 people with estimated wealth exceeding EUR 270 million (HUF 100 billion).
Following the billionaires mentioned above, the third place is occupied by Zsolt Felcsuti, with an estimated wealth of EUR 773.5 (HUF 286.4 billion). Felcsuti built the region’s largest industrial investment group from a family firm that started out from among cooperations in 1976, and today, MPF Holding is headquartered in Singapore. With a small difference, we can find Tibor Veres, the owner of Wing and Wallis, in fourth place, with EUR 764 million (HUF 282.9 billion).
The Top 10 includes the Rahimkulov siblings: Ruzlan is in fifth place with EUR 731 million (270.7 billion), and Timur is ranked 7th with a fortune of EUR 571 million (HUF 211.4 billion). The country’s richest siblings have reorganised the company structure, with their former family asset manager, Kafiyat Zrt., now in the hands of the younger brother, Ruzlan. They used to own the company jointly but continue to share a significant part of their OTP shares.
György Gattyán – who used to be in the lead in previous years – occupies 6th place this year, with EUR 685.4 million (HUF 253.8 billion). The top 10 also includes Sándor Demján and his family, László Szíjj, and the co-owner of Indotek Group, Dániel Jellinek.
This year’s list also includes some who have not been among the wealthiest before, including Gellért Jászai, the owner of 4ig Nyrt. (estimated wealth: EUR 93.7 million), and Kamilla Hermann, the co-owner of Indotek Group and the ex-wife of Dániel Jellinek (EUR 98.6 million).