Billionaire Profile
Zsolt Felcsuti
Global Rank
#2272

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Zsolt Felcsuti

CEO, Manufacturing
HUNGARY
Real-Time Net Worth
$1.841B
Estimated based on Manufacturing stock value as of April 20, 2026
0% (24h)
Age
54
Source
Manufacturing
Industry
Manufacturing
Citizenship
HUNGARY

Biography

Zsolt Felcsuti, born in 1971, is a Hungarian industrialist and investor, ranking #2220 globally as of March 24, 2026, with an estimated net worth of $1.8 billion. He is the major shareholder and CEO of MPF Holding, a multinational conglomerate specializing in manufacturing. His wealth stems from his 88% ownership in key subsidiaries like Widenta, FÉG HVAC, and MPF META. Felcsuti co-founded MPF META in 1994 with his father, Csaba Felcsuti, which grew from a machinery parts business into a global enterprise. He is also the Co-President of the Confederation of Hungarian Employers and Industrialists (MGYOSZ).

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Zsolt Felcsuti was born on May 26, 1971, in Budapest, Hungary. His father, Csaba Felcsuti, was an engineer and entrepreneur. He graduated from a technical high school and later earned degrees in foreign trade economics and marketing specialist economics. He also earned a PhD.

Rise to Success

In 1994, Zsolt co-founded MPF META with his father, focusing on distributing machine accessories. The company expanded through acquisitions, including Widenta (Europe's largest grinding tool producer) in 2003 and FÉG (a leading manufacturer of convectors and heating devices) in 2010. Felcsuti's strategic leadership propelled MPF Holding into global markets with subsidiaries in Germany, China, Singapore, and Malaysia.

Key Business Strategies

Felcsuti built a self-created business model, emphasizing the East-Central European and Far Eastern markets. He focused on organic growth, rather than privatization. MPF Holding's success is attributed to its emphasis on sustainability and innovation in industrial solutions. MPF Holding is the most valuable family business in Hungary.

Philanthropy

Felcsuti supports community development, education, and social welfare in Hungary through MPF Industry Group. He is also the chairman of the jury for the "Díj a sikeres vállalkozásokért" (Award for Successful Enterprises), a monthly recognition program.

Career Milestones

1994

Co-founded MPF META

Co-founded the company with his father, Csaba Felcsuti.

2003

Acquisition of Widenta

Expanded manufacturing capabilities.

2010

Acquisition of FÉG

Integrated HVAC solutions.

Philanthropy & Social Impact

Business

Award for Successful Enterprises

Undisclosed

Chairman of the jury for this program that recognizes outstanding business achievements.

Community Development

Community Support

Undisclosed

Supports local community organizations, sports, and healthcare.

Education

Education and Training

Undisclosed

Partners with vocational schools to offer internship programs.