Ivica Todoric richest man in the Balkans - Miodrag Kostic ranked third on Forbes list

(Ivica Todoric)

According to the latest data provided by Forbes, the richest man in the Balkans is Ivica Todoric, the owner of the Agrokor concern that operates in Bosnia-Herzegovina, Croatia and Serbia. His wealth is estimated at EUR 581.8 million. Right behind him on the list is Sandi Cesko, the owner of Slovenia's Studio Moderna, whose wealth is estimated at approximately EUR 410.6 million. This "king of mattresses and TV shopping" behaves as if he weren't a millionaire, given that he has no secretary, yacht or a weekend cottage.

Miodrag Kostic, the owner of MK Group, ranks third on this list with EUR 234 million. This group is comprised of 36 companies operating in the field of agriculture, tourism, property management, IT sector and finance.

The next on the list is Emil Tedeschi, the owner of Atlantic Grupa that operates in Croatia, Serbia and Slovenia, with a wealth estimated at EUR 145.4 million. Atlantic Grupa is famous for numerous brands such as "rosal", "argeta", "cockta", "cedevita", "smoki" etc.

Vuk Hamovic, the owner of the EFT Group, ranks fifth on the Forbes list.