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Index – Economy – They found a mysterious Hungarian businessman who is fifteen times richer than Lorenc Meszáros

Index – Economy – They found a mysterious Hungarian businessman who is fifteen times richer than Lorenc Meszáros

According to publicly available data, the mysterious businessman's wealth is one and a half times greater than the wealth of the 100 richest known Hungarians combined, The Guardian reported. G7.

“Hibernating in order to achieve the owner’s goal, and therefore has no income and expenses, and therefore no tax base,” the report from the two companies, each with assets in the billions, and whose annual report is only one page long, while the data is owned by them, according to him, he would be the 36th richest person in the world.

The previously unknown Donor Zrt, discovered by the G7 and founded last year, had assets worth HUF 6.534 billion at the end of 2023, according to the report, making it one of Hungary’s ten largest companies by total balance sheet. The company is registered in a semi-detached house in Zogló next to the entrance to the M3 motorway, has no income or expenses, and appears to have no employees.

The newspaper says that hibernation does not exist legally, and the only thing revealed in the aforementioned one-page document is that it “ensures that the companies’ environmental footprint is zero.”

One shareholder, multi-trillion HUF capital increase

According to the documents sent to the company court, the owner increased the company's capital by 4,532 billion forints in the company last year, the amount of “four billion five hundred and thirty-two billion and fifteen million” is written in the company's founding document. The money was paid by the owner, and a countersignature was made. In addition to the capital, the company also has a debt of 2,002 billion forints, but this amount also comes from himself, i.e. the sole shareholder, which means that the same person invested more than 6,500 billion forints in various forms in the company. End of last year.

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The businessman also owns another company with the same structure, which was converted from a limited company to a joint stock company only at the end of last year, namely Brasil Államkötvény Hasznosító Zrt., whose assets exceed those of Donor Zrt by HUF 400 billion. Its capital was increased by HUF 5.099 billion at the end of last year and it owes “only” HUF 1.857 billion to the owner. All the money was placed in Brazilian government bonds. If the two companies really own such a large amount of Brazilian bonds, their owner must be one of Brazil’s largest creditors: the assets of the two companies represent almost 2.5% of the South American country’s total debt.

The same shareholder invested approximately HUF 13.5 billion in the two companies.

Is Lorenc Mazaros absent?

In comparison, the author of the article points out that Lőrinc Mészáros's fortune is estimated at around 990 billion Hungarian forints. the 100 Richest Hungarians According to the publication, he is still the richest man in the country. This represents just over 7 percent of the wealth of the above-mentioned businessmen, but the combined wealth of all Hungarian billionaires included in the ranking was only 9.064 billion HUF.

Converted into dollars, the money in the two mysterious companies amounts to more than $38 billion, which not only puts him ahead of Lawrence Meszaros, but could also make him the 36th richest person in the world.

The G7 learned that the sole shareholder of the companies is a previously unknown Hungarian businessman living in Malta, Gyorgy T. Janos, who also owns a company in Malta, which is said to be unprofitable and is listed in the $13.4 million offshore investment report database, and also in the so-called Paradise Papers.