Ivan Chrenko (born 1967/68) is a Slovak

billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...

businessman, the chairman and majority owner of the Slovak real estate development company

HB Reavis HB Reavis is a real estate developer company active mainly in Slovakia, Poland, United Kingdom, Czech Republic, Hungary and Germany. The company is active both in development of new projects and asset management of existing portfolio. History ...

. In March 2017, with an estimate net worth of US$1.1 billion, Chrenko became the first ever Slovak billionaire, according to ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

''. Prior to Chrenko,

Andrej Babiš Andrej Babiš (; born 2 September 1954) is a Czech politician and businessman of Slovak descent who served as the Prime Minister of the Czech Republic from 2017 to 2021. Babis previously served as the Minister of Finance and deputy Prime Minister ...

became the first person of Slovak origin with a

net worth Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net ...

above $1 billion, but he later became a citizen of the

Czech Republic The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...

. Ivan Chrenko was the co-owner of

together with Slovak multi-millionaire Viliam Pančík, and was its CEO from 1994 to October 2013.

Life

Ivan Chrenko was born in Šaľa,

Czechoslovakia , rue, Чеськословеньско, , yi, טשעכאסלאוואקיי, , common_name = Czechoslovakia , life_span = 1918–19391945–1992 , p1 = Austria-Hungary , image_p1 ...

. He started his first business in the mid-1990s together with his partner Viliam Pančík, specializing in audio equipment and

electrical engineering Electrical engineering is an engineering discipline concerned with the study, design, and application of equipment, devices, and systems which use electricity, electronics, and electromagnetism. It emerged as an identifiable occupation in the l ...

. They entered the company AB Reavis in 1994, one year after its foundation. AB Reavis was specialized in real estate development in

Bratislava Bratislava (, also ; ; german: Preßburg/Pressburg ; hu, Pozsony) is the Capital city, capital and largest city of Slovakia. Officially, the population of the city is about 475,000; however, it is estimated to be more than 660,000 — approxim ...

. In 2003, AB Reavis changed its name to MPT Immo. In 2004 the company transformed from

limited company In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by ...

( s. r. o.) to

public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...

( a. s.) and changed its name to HB REAVIS GROUP and 4 years later to HB REAVIS Slovakia. Chrenko experienced his first major success with the development of the Aupark shopping malls in various cities in Slovakia and Czech Republic. Chrenko lives in

, Slovakia. Chrenko does not communicate with the media, there is no published interview, and only two known photographs exist.

References

{{DEFAULTSORT:Chrenko, Ivan 1960s births Living people Businesspeople from Bratislava Slovak billionaires

Life

See also

References