Billionaire Profile
Ivan Chrenko
Global Rank
#2210

Image: Public domain | via Wikimedia Commons

Ivan Chrenko

CEO, HB Reavis
SK
Real-Time Net Worth
$1.7B
As of December 2025
Age
58
Source
Real estate
Industry
real-estate
Citizenship
SK

Biography

Ivan Chrenko, born in 1967, is a Slovak billionaire businessman primarily known for his success in real estate development. His source of wealth stems from his ownership of HB Reavis, a major European real estate development company. Chrenko became Slovakia's first billionaire in 2017, and his net worth has fluctuated over the years, most recently estimated at $1.7 billion. His career began in the mid-1990s with a business focused on audio equipment and electrical engineering before transitioning into real estate, where he achieved significant milestones, including the development of Aupark shopping malls and major projects in London and Warsaw. Known for his media silence and private life, Chrenko remains a prominent figure in the European real estate market.

Wealth Over Time

In-Depth Profile

Early Life

Ivan Chrenko was born in 1967 in Šaľa, Czechoslovakia (now Slovakia). Information about his early life is limited, as he maintains a very private personal life. Not much is known about his early years and childhood.

Rise to Success

Chrenko started his first business in the mid-1990s with Viliam Pančík, specializing in audio equipment and electrical engineering. In 1994, he entered the real estate sector, joining AB Reavis, which focused on real estate development in Bratislava. AB Reavis was later renamed MPT Immo in 2003, HB REAVIS GROUP in 2004, and finally HB REAVIS Slovakia. Under Chrenko’s leadership, HB Reavis achieved major success, including the development of Aupark shopping malls in Slovakia and the Czech Republic. In 2017, Chrenko became the first Slovak billionaire, with a net worth of $1.1 billion. He served as CEO of the HB Reavis Group from 1994 to October 2013 and now serves as the board chairman.

Key Business Strategies

HB Reavis's key business strategies include focusing on prime locations and developing large-scale projects. The company expanded into major European markets such as Poland, Hungary, Germany, and the UK. One of the significant deals included selling 33 Central in London to Wells Fargo in 2016 for a reported $400 million. The company is also constructing Varso Tower in Warsaw, one of the tallest buildings in Europe. Chrenko has also invested in e-commerce, with investments in companies like Exponea and Factcool.

Philanthropy

Information about Ivan Chrenko's specific philanthropic activities and amounts is limited due to his private nature.

Career Milestones

1994

Entered AB Reavis

Joined AB Reavis, a company focused on real estate development in Bratislava.

2001

Aupark Shopping Mall

Developed Aupark shopping malls in Slovakia and the Czech Republic.

2013

CEO of HB Reavis

Stepped down as CEO of HB Reavis.

2016

Sold 33 Central

HB Reavis sold 33 Central in London to Wells Fargo.

2017

First Slovak Billionaire

Became the first Slovak billionaire.

Philanthropy & Social Impact

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Undisclosed

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Business Philosophy & Leadership

Notable Quotes

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Leadership Principles

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Controversies & Challenges

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