“A crisis that wasn’t” – Czech energy tycoons made billions in just one year. Křetínský almost tripled his wealth (chart, 2022-2023, 24.5B CZK = 1B EUR)

11 comments

1. Source: [1](https://twitter.com/malajankaa/status/1699726589842313387), [2](https://www.e15.cz/tema/miliardari/na-prvni-pozici-kellnerovych-mezi-nejbohatsimi-cechy-a-slovaky-utoci-kretinsky-1410343)

2. Great list, 1) inherited, 2) coal mines and power plants, 3) gambling, 4) extremely questionable semi-criminal business practices, especially during the 90s 5) rumors of shady practices and political influence, 6) extremely questionable semi-criminal business practices, especially during the 90s, 7) coal mines and power plants, 8) firm parked in Cyprus as a divorce proceedings maneuver and for purposes of tax optimalization.

3. How is KRETINsky a real last name? What’s the origin?

4. Křetinský … In polish it would mean something like “idiotic” . “Co za kretyński pomysł!” meaning “What an idiotic idea!”

5. Daniel Kretinsky has spent the last many years buying up old coal and gas plants for pennies on the dollars in his company EPH. Many utility companies have wanted to get rid of them to get more green company profiles, or due to expectations of them being decommissioned in the future. he has been extremely ‘lucky’ with the market circumstances last year, but overall also simply profiting on being a sole buyer of assets which others have not wanted for the years leading up to this

6. I mean, if there is an energy crisis where energy prices skyrocket, then it’s not impossible that energy tycoons did well. Wasn’t necessarily a crisis for them.

7. Having lived in the CZ for a while, obligatory Fuck Babiš

8. Europe and their “corruption” rankings, lol

9. what is the change in?

10. I never understood why Babis was ever elected.

    He seems like a total cunt.

11. Huh woman had the highest i wonder why