Forbes: Czech billionaire Strnad among world’s 100 richest

Czech billionaire Michal Strnad has ranked among the world’s 100 richest people for the first time, according to the latest global wealth list published by Forbes. The owner of the arms manufacturer Czechoslovak Group is listed 69th with an estimated fortune of 31.1 billion dollars. Strnad is the only Czech in the top 100 and currently the richest person in the country, ahead of PPF heiress Renáta Kellnerová. According to Forbes, his wealth rose sharply after Czechoslovak Group entered the stock market. Overall, the ranking includes 11 Czech "dollar" billionaires. The list is once again topped by Tesla founder Elon Musk, whose fortune Forbes estimates at 839 billion dollars.