Michal Strnad

$16.03B

$327M (-2%)

as of 09/07/26

About Michal Strnad

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, and traditionally one of the big defense industry producers in Europe.

CSG also owns a traditional Czech watchmaker, PRIM.

Personal stats

Citizenship

Czech Republic

Source of wealth

Defense Contracting

Residence

Chrudim, Czech Republic

Marital status

Married

Birth date

08/04/92 (age 34)

Number of children

Self-made

inherited and growing

Michal Strnad’s fortune is worth

267K

troy ounces of gold

247K

median U.S. household

160K

median U.S. income

0.321%

U.S. credit card volume

0.064%

GDP of the United States

0.047%

United States debt

Net worth history

Annual ranking

Did you know?

Strnad is a car and motorsport enthusiast.

Net worth over time

Real-time ranking

Financial assets

EURONEXT AMSTERDAM | CSG-NL

CSG

EURONEXT AMSTERDAM | CSG-NL

CSG