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Billionaire Profile
Zsolt Felcsuti
Global Rank
#2116

Image: Public domain | via Wikimedia Commons

Zsolt Felcsuti

CEO, MPF Industry Group
HU
Real-Time Net Worth
$1.8B
As of December 2025
Age
54
Source
Manufacturing
Industry
manufacturing
Citizenship
HU

Biography

Zsolt Felcsuti, born in Hungary, is a prominent industrial investor and the major shareholder of the MPF Industry Group. His career began with sales and marketing in Switzerland before pivoting to manufacturing in Hungary, where he developed a unique business model. With an estimated net worth of $1.8 billion as of 2024, Felcsuti is recognized as a leading figure in the manufacturing sector. He is also the Co-President of the Confederation of Hungarian Employers and Industrialists. Felcsuti's achievements include building a significant industrial empire, owning major companies in abrasive products and heating devices. His commitment to organic growth and his strategic vision have made him a key player in the East-Central European and Far Eastern markets, and he is a recognized philanthropist.

Wealth Over Time

In-Depth Profile

Early Life

Zsolt Felcsuti was born in Budapest, Hungary, on May 26, 1971. His father, Csaba Felcsuti, was an engineer who established the foundation for the family's business. Zsolt grew up in an entrepreneurial environment, which sparked his interest in business and economics from a young age. He pursued education in economics at Corvinus University of Budapest.

Rise to Success

After completing his studies, Felcsuti gained experience as a sales and marketing manager in Switzerland. He returned to Hungary to focus on expanding his father's enterprise, which produced metal and plastic industry products. Felcsuti built a self-created business model. He owns and operates one of the largest abrasive products manufacturing companies in Europe and a significant heating device factory. Felcsuti's holdings represent Hungary's most valuable family business.

Key Business Strategies

Felcsuti’s business strategy involved creating a unique model that utilized the labor market and manufacturing sector in East-Central Europe and the Far East. He owns one of the largest abrasive products manufacturing companies in Europe and East-Central Europe's biggest heating device factory. MPF Industry Group is a Hungarian-owned multinational manufacturing company with investments in East-Central Europe and in the Far East. He expanded his business by acquiring several companies, including Widenta, Clarflex and FÉG.

Philanthropy

Felcsuti is also involved in philanthropy, and has been the chairman of the "Díj a sikeres vállalkozásokért" awards since August 2013.

Career Milestones

1990s

Sales and Marketing Manager

Worked as a sales and marketing manager in Switzerland.

1994

Founded MP Meta (later MPF Industry Group)

Started a machinery parts company with his father.

2003

Acquisitions

Began acquiring other businesses.

2010

Acquired FÉG

Bought FÉG, the biggest East Central European heating-device manufacturer.

2013

Chairman of "Díj a sikeres vállalkozásokért"

Became the chairman of the "Díj a sikeres vállalkozásokért" awards.

Philanthropy & Social Impact

Entrepreneurship

Díj a sikeres vállalkozásokért

Undisclosed

Serves as the chairman.