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Forbes Says Vítek Is Worth $7.2 Billion. The Numbers Say Otherwise
His Forbes-reported net worth is $7.1 billion, making him the 542nd richest person in the world, according to Forbes, and 6th richest in his native Czech Republic.

His Forbes-reported net worth is $7.1 billion, making him the 542nd richest person in the world, according to Forbes, and 6th richest in his native Czech Republic.

This is the latest installment in a continuing series on Czech billionaire Radovan Vítek and the financial structure of his publicly traded real estate empire, CPI Property Group. I have been contacted by officials in the Trump administration who have expressed interest in whethe

Part 1 made the geopolitical argument for Trump’s pardon of former Honduran President Juan Orlando Hernandez. Part 2 examined the case the Biden Department of Justice put on. Part 3 examined how the prosecutors lied to get the trial in front of a biased judge and an uninformed ju

Quantum Computing Inc. opened Tuesday May 12, 2026 trading approximately 26 percent higher at around $12.81, up from a prior close of $10.18. This comes after the company reported first quarter 2026 earnings Monday evening that beat analyst estimates on both revenue and earnings

On June 9, 2025, in United States v. Daedone et al., a federal jury in Brooklyn returned guilty verdicts against Nicole Daedone and Rachel Cherwitz on a single count of conspiracy to commit forced labor. On March 30, 2026, U.S. District Judge Diane Gujarati imposed sentences of 9

Young Washington opens in theaters nationwide on July 3, 2026, the day before the Fourth of July, and exactly at the 250th anniversary of the Declaration of Independence. Angel Studios and Wonder Project are releasing an epic historical war film about the man whose early decision

Richard “Rick” Leigeber of Cullman, Alabama, stood at VFW Post 2214 on May 4, 2026, and received the Purple Heart he had earned in the Cu Chi Valley of Vietnam in 1968 or 1969, fifty-eight years after the injury that entitled him to it. Congressman Robert Aderholt, a Republican r

Two Czech businessmen — Marek Čmejla and Jiří Diviš — placed their trust, and a great deal of money, in a real estate operator named Radovan Vítek. Vítek ran the company. They called it a “parity partnership.” With Čmejla and Diviš’s money Vitek bought buildings, land, hotels, an

A norovirus outbreak aboard the Caribbean Princess cruise ship has sickened 102 passengers and 13 crew members, the Centers for Disease Control and Prevention confirmed Friday after the ship reported the outbreak on Thursday May 7, 2026. The ship is currently carrying 3,116 passe

A Frontier Airlines flight headed from Denver to Los Angeles struck and killed a person who was walking across the runway during takeoff at Denver International Airport late Friday night, triggering an engine fire, an emergency abort and the evacuation of 231 passengers and crew

United States v. Daedone and Cherwitz: A Series on the Precedent On June 9, 2025, in United States v. Daedone et al., No. 1:23-cr-00146-DG (E.D.N.Y.), a federal jury returned guilty verdicts against defendants Nicole Daedone and Rachel Cherwitz on a single count of conspiracy to

Part 1 made the geopolitical argument for Trump’s pardon of former Honduran President Juan Orlando Hernandez. Part 2 examined the case the Biden Department of Justice put on. Part 3 examined how the prosecutors lied to get the trial in front of a biased judge and an uninformed ju

Part 1 made the geopolitical argument for Trump’s pardon of former Honduran President Juan Orlando Hernandez. Part 2 examined the case the Biden Department of Justice put on. Part 3 is about how the prosecutors got a biased judge and an uninformed jury. The legal name for what th