Chairman and Owner, CSG
Appears in 1 story
Net worth estimated at $37 billion post-IPO
Europe spent three decades letting its defense industrial base wither. Now it's racing to rebuild. CSG, a Czech ammunition maker virtually unknown outside defense circles, just completed the largest defense IPO ever recorded—€3.8 billion—with shares surging 31% on their first trading day. The company is now worth €33 billion, and its 33-year-old owner Michal Strnad has become one of the world's richest people under 40.
Updated Jan 30
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