Czech Finance Minister Andrej Babiš came fifth in a global billionaire political power index compiled by the US think tank Brookings Institute. The ranking, released ahead of the institute’s upcoming book Billionaires: Reflections on the Upper Crust, is topped by Bill and Melinda Gates, followed by George Soros and China’s Jack Ma. Mr Babiš, whose assets are estimated at between 75 and 90 billion crowns, built an agriculture, food and chemistry empire in the Czech Republic before his party, ANO, came second in last year’s general elections. He also owns a prominent Czech media company. As finance minister, he has proven to be a strong voice for reducing government spending, according to the survey.
Forgotten Czech net bag makes a comeback
Iconic Czech brands that survived competition from the West after the fall of communism
Czechs and Germans in 1930s Czechoslovakia: a complex picture
Cold War “king of Šumava” story brought to life in new film by Irish director
Unions: Strike Wednesday will hit most Czech schools