No. 357Czech Republic
Michal Strnad
Defense Contracting · Chrudim
Net worth
$10.0B
Today
−$2.7B−21.58%Past month
−$3.7B−27.12%As of Nov 11, 2026, 1:50 PM EST
Michal Strnad is majority owner and CEO of Czechoslovak Group (CSG), an industrial holding company that produces ammunition, army vehicles and other military products. In early 2026, he took the company public on the Euronext Amsterdam, raising $4.5 billion, one of the world's largest listings in the defense sector. Strnad inherited CSG from his father in 2018, who founded it in 1995. The company is the fourth largest ammunition producer in the EU. CSG also owns a traditional Czech watchmaker, PRIM.
Net worth over time
−27.12%−$3.7B over the past month
$15B$12B$10B
Oct 12Nov 11
Principal holdings
1 positions| Company | Industry | Share | Value |
|---|---|---|---|
CSG EURONEXT AMSTERDAM: CSG-NL | Manufacturing | 100.0% | $10.0B |
Also known for
- Strnad is a car and motorsport enthusiast.