Michal Strnad's Biography

Michal Strnad is a prominent Czech billionaire entrepreneur best known as the CEO and owner of Czechoslovak Group (CSG), one of Europe's foremost defense and industrial conglomerates. Born on March 11, 1993, Strnad took over the family business at a remarkably young age following the passing of his father, Jaroslav Strnad. Under his visionary leadership, CSG has grown exponentially, expanding its portfolio to include defense, aerospace, rail, and automotive sectors. As a dynamic leader, Michal Strnad has positioned CSG as a key player in supplying technology, vehicles, and defense solutions to markets around the globe. With a keen interest in innovation and sustainable development, he has also focused on expanding the group’s operations responsibly, despite occasional controversies related to arms exports. His business acumen has earned him recognition, including a spot on Forbes' 30 Under 30 in the Czech Republic. Outside of work, Michal enjoys motorsports, aviation, and collecting classic cars. With an estimated net worth of $1.3 billion in 2024, he continues to shape the defense industry in Central Europe. Known for his commitment to hard work and innovation, Michal Strnad is a leading figure among the new generation of European business magnates.