The Rich Get Richer in Slovenia - Top 100 Now Worth €7.1bn

By , 25 Nov 2021, 14:16 PM Business
Talking Tom, from Outfit7, the source of much of the wealth Talking Tom, from Outfit7, the source of much of the wealth YouTube

Share this:

STA, 25 November 2021 - The 100 wealthiest Slovenians are worth a combined EUR 7.1 billion, which is a record amount and almost a quarter or EUR 1.3 billion more than a year ago. There are no changes on the top, with the assets of Iza Sia Login and Samo Login being almost double of that of the second-placed couple of Sandi Češko and Livija Dolanc.

The largest increase in the assets of the 100 richest Slovenians after 2008 is a result of higher estimates at stock markets, which are the basis for the estimate of net worth, the business newspaper Finance said on Thursday.

In addition, the increase is also a consequence of good operation, deleveraging, larger financial cushions and, in some cases, successful takeovers, shows Manager, a special edition of the newspaper.

The entry point for the top 100 increased from last year's EUR 20.9 million to EUR 27.7 million, and more than a quarter of the people from last year's list is no longer in the top 100 company.

There are ten newcomers and 17 persons who are back on the list, Finance says, noting that sector-wise, the companies owned by the 100 wealthiest Slovenians are rather diverse, with the IT sector recording a rise in recent years.

The companies on the list largely have a good standing on the market and are more resilient to shocks than the average Slovenian company, which is why the aggravated economic conditions do not reflect on their bottom line.

Standing firmly on the top of the list are Iza Sia and Samo Login, the spouses who are privately separated but continue to work together, which is why they are treated as one entity on the list.

The value of their assets, estimated at EUR 689 million, is their share of the purchase money for the app developer Outfit7 and the dividends they received from the company while they were the majority owners.

The second-placed Sandi Češko and Livija Dolanc are worth an estimated EUR 355 million, with the bulk of their assets being the proceeds from their 55% stake in the omni-channel retailer Studio Moderna.

The Šešok family, the owners of the electronics group Iskra, made the biggest leap as their worth increased by EUR 150 million in the past year to EUR 270 million, to earn the third spot on the list.

The spouses Vesna and Dari Južna, the owners of the Perspektiva holding company, made it to the top 10 with a 73% growth of their estimated assets. This is mostly due to deleveraging and growth of the market value of the energy company Petrol.

Finance says that the most interesting newcomer is basketball player Luka Dončić, whose worth is estimated at EUR 29.4 million this year after the NBA star signed a five-year US$207 million contract with the Dallas Mavericks.

Top 10 wealthiest Slovenians according to Manager magazine

1  Samo and Iza Sia Login     EUR 689m (+0%)
   ex-owners of app developer Outfit7

2  Sandi Češko, Livija Dolanc EUR 355m (+3%)
   ex-owners of omni-channel retailer Studio Moderna

3  Šešok family               EUR 120m (+38%)
   owners of electronics group Iskra

4  Marko Pistotnik            EUR 210m (+ 0%)
   ex-owner of app developer Outfit7

5  Lah family                 EUR 209m (+27%)
   financial investors

6  Dari and Vesna Južna       EUR 202m (+73%)
   owners of holding company Perspektiva

7  Joc Pečečnik               EUR 199m   (-)
   owner of gaming company Elektronček

8  Damian Merlak              EUR 183m (+24%)
   ex-owner of cryptocurrency exchange Bitstamp

9  Igor Akrapovič             EUR 174m (+25%)
   owner of exhaust maker Akrapovič

10 Tone Strnad                EUR 142m (+21%)
   owner of pharmaceutical company Medis

Photo galleries and videos

This websie uses cookies. By continuing to browse the site you are agreeing to our use of cookies.