Radovan Vítek's Biography

Radovan Vítek is a prominent Czech billionaire and real estate investor, best known as the driving force behind CPI Property Group, one of Central and Eastern Europe's largest real estate companies. Born on January 22, 1971, Vítek has built an impressive empire, specializing in commercial properties, office buildings, hotels, and retail spaces across the region. After graduating from the University of Economics in Prague, he began his business journey in the 1990s, initially focusing on property privatizations and acquisitions in the Czech Republic. His first major breakthrough came in the early 2000s with the acquisition and expansion of CPI Property Group, which rapidly grew under his leadership to include assets in Germany, the Czech Republic, and beyond. With an estimated net worth of $6 billion in 2024, Vítek is regularly featured on Forbes’ list of the richest Czechs. Despite his enormous success, he maintains a low public profile and is known for his strategic risk-taking and dealmaking prowess. Vítek is married to Marie Vítek and has four children. He enjoys golf, skiing, and art collecting in his free time. Over the years, Vítek has faced various legal disputes relating to his property acquisitions, but he continues to be a significant influencer in European real estate. His story is a testament to vision, persistence, and the ability to capitalize on market opportunities, making him a key figure in the international real estate industry.