Hungary, a nation at the crossroads of East and West, has witnessed massive economic transformations since the fall of communism in 1989. With a relatively small population of under 10 million, it may not appear at first glance to be a powerhouse of personal wealth. Yet over the past three decades, the country has produced an elite group of billionaires and multimillionaires whose influence reaches across sectors and beyond national borders.
This article explores the richest Hungarians in 2025, based on the most recent list by Forbes Hungary, which ranks individuals by estimated net worth, sector dominance, and influence. We’ll examine how these individuals made their fortunes, what industries dominate Hungary’s wealth hierarchy, and what the future holds for Hungary’s financial elite.
Overview: Hungary’s Wealth Pyramid
In 2025, Hungary’s top 10 richest individuals control a significant share of the country’s private wealth. Unlike the United States or China, Hungary doesn’t have tech billionaires of global stature, but it does feature powerful business figures in construction, banking, real estate, manufacturing, agribusiness, and media.
A recurring theme is the rise of self-made entrepreneurs who capitalized on Hungary’s post-communist privatization wave in the 1990s. Today, their companies dominate the local market and are expanding into neighboring countries in Central and Eastern Europe.
Top 10 Richest Hungarians in 2025
1. Lőrinc Mészáros
- Estimated net worth: 1422 billion HUF – €3.53 billion
- Industries: Construction, Energy, Media, Tourism, Agriculture
- Origin: Self-made
Mészáros remains the wealthiest Hungarian for the sixth consecutive year. A former gas-fitter from Felcsút, his rise began in the early 2010s, gaining traction through construction contracts, energy holdings, and media acquisitions. He leads Opus Global Nyrt. and Konzum Nyrt., conglomerates with investments across various sectors. Mészáros has also acquired stakes in tourism and football, including the Balaton region’s major resorts and Puskás Akadémia FC.
2. Sándor Csányi
- Estimated net worth: 820 billion HUF – €2,03 billion
- Industries: Banking, Food Processing, Agriculture
- Origin: Self-made
The long-time CEO and chairman of OTP Bank, Hungary’s largest commercial bank, Csányi has successfully expanded OTP into Bulgaria, Serbia, and Ukraine. Beyond banking, he owns Bonafarm Group, a massive agricultural conglomerate, and has stakes in real estate and sports (e.g., the Hungarian Football Federation). His management style is known for being disciplined and conservative, making him a respected figure in Hungarian and regional business circles.
3.Zsolt Felcsuti
- Estimated net worth: 526 billion HUF – €1,3 billion
- Industries: Industrial Manufacturing, Logistics
- Origin: Self-made
Felcsuti controls the MPF Industry Group, a multinational manufacturing giant with operations in over 30 countries. MPF focuses on metalworking, plastics, and warehouse solutions, supplying European and Asian markets. Zsolt has remained under the radar co
4. Tibor Veres
- Estimated net worth: 480 billion HUF – €1,19 billion
- Industries: Real Estate, Loan Management
- Origin: Self-made
His diversified investments and strategic leadership have contributed to his financial success and recognition in the business community. Beyond his domestic ventures, Veres has held significant positions in international companies. He has served as a director at Echo Investment S.A., a leading Polish real estate development company, and as a director at PRA Group Europe AS, a company specializing in the purchase and management of non-performing loans.
5. György Gattyán
- Estimated net worth: 441 billion HUF – €1,09 billion
- Industries: Adult Entertainment, Streaming, IT
- Origin: Self-made
Gattyán made his fortune via LiveJasmin, one of the largest adult cam websites globally. Now rebranded under Docler Holding, his group includes streaming tech, event management, and IT solutions, with a strong presence in Luxembourg and Los Angeles.
6. László Szíjj
- Estimated net worth: 370 billion HUF – €0,92 billion
- Industries: Construction, Banking
- Origin: Self-made
hey established Duna Aszfalt Kft., a civil engineering company specializing in road construction and infrastructure projects. Over the years, Szíjj expanded his business interests, leading to the formation of the Duna Group, which encompasses various companies involved in civil construction, utility services, mining, and environmental projects. The group employs nearly 1,900 people and has undertaken significant public infrastructure projects across Hungary.
7. Dániel Jellinek
- Estimated net worth: 336 billion HUF – €0,83 billion
- Industries: Real Estate
- Origin: Self-made
CEO of Indotek Group, a leading real estate investment and asset management firm. Established in 1997, Indotek specializes in acquiring distressed properties and non-performing loans, focusing on value-added and turnaround projects. Under Jellinek’s leadership, the company has grown to manage over 2.1 million square meters of real estate across 12 countries, including Hungary, Romania, Croatia, Serbia, and Italy .
8. Gellért Jászai
- Estimated net worth: 264 billion HUF – €0,65 billion
- Industries: Technology
- Origin: Self-made
Jászai is the chairman of 4iG Nyrt., a leading information and communications technology (ICT) company in Hungary. Under his leadership, 4iG has expanded its portfolio to include telecommunications, space technology, and defense sectors. Notably, in 2023, the company acquired Vodafone Hungary, marking a significant milestone in its growth.
9. Gábor Széles
- Estimated net worth: 258 billion HUF – €0,64 billion
- Industries: Electronics, Manufacturing, Media
- Origin: Self-made
Széles made his fortune in the electronics sector through Műszertechnika Group, supplying industrial systems throughout the former Eastern Bloc. He previously owned Echo TV, a conservative news channel. Though semi-retired, Széles continues to invest in manufacturing and alternative energy solutions. Compared to his peers, but his consistent international expansion has earned industry-wide respect.
10. István Garancsi
- Estimated net worth: 221 billion HUF – €0,55 billion
- Industries: Real Estate, Construction
- Origin: Self-made
Owner of Market Építő Zrt., Garancsi has built hospitals, stadiums, and residential complexes. His company was key in modernizing Budapest’s skyline and executing major public-private infrastructure projects. He is also the majority owner of MOL Vidi FC football club.
Industries Powering Hungary’s Billionaires
Hungary’s wealthiest individuals have earned their fortunes through a variety of sectors:
- Construction and Real Estate – Driven by EU funds and urbanization.
- Finance and Banking – OTP Bank and its regional expansion.
- Agribusiness and Food Processing – With Europe’s growing food security needs.
- Energy (including renewables) – Especially in geothermal and regional power utilities.
- Software and IT Services – Rapidly expanding thanks to talent from Budapest’s tech hubs.
- Tourism and Hospitality – Fueled by Budapest’s popularity and thermal tourism.
- Media and Streaming – Consolidation of influence in traditional and online channels.
Self-Made vs Inherited Wealth
While many Hungarian billionaires are first-generation wealth creators, the next decade will see a transfer of fortunes to heirs, board members, and professional managers. Still, Hungary remains a self-made economy at its top: over 80% of the top 50 richest Hungarians built their wealth post-1990.
Where They Live
Budapest, particularly the Buda Hills and the Andrássy Avenue area, is home to most of Hungary’s richest. Others have luxury properties in Austria, Monaco, Dubai, and Switzerland. However, their business operations largely remain anchored in Hungary.
What Lies Ahead?
- Generational shifts may change management styles in top Hungarian firms.
- Tech and green energy will likely power the next wave of billionaires.
- Regional expansion into Balkans and Eastern Europe is expected to accelerate.
- Political influence and economic nationalism will remain key business factors.
With the EU funding green transitions and digital innovation, Hungary’s elite is well-positioned — but maintaining transparency, fair competition, and innovation will be crucial for future sustainability.
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Disclaimer: This article is for informational purposes only and does not constitute financial, tax, or investment advice. Readers should consult with a licensed professional before making any financial or business decisions.
