Meet the 'Czech Donald Trump':
are both known for their divisive, nationalistic and anti-immigrant rhetoric and both are both ensnared by ongoing investigations.
Prior to the election, he was required to put his conglomerate Agrofert, which owns two Czech national newspapers, the country’s largest commercial radio station, and spans over 200 companies in agriculture, chemicals and real estate, into trusts to comply with a Czech conflict-of-interest law. Just weeks before the election, policeBabiš with fraud over allegations that his business improperly received millions of dollars in European Union subsidies over a decade ago.
Babiš, who is 64 and was born in what is today Slovakia, denies these allegations. The case is ongoing. Babiš also owns an 88% stake of Hartenberg Holding, which invests in hospitals, in vitro fertilization clinics, food production and real estate, worth $200 million. About five years ago Babiš spun Imoba, a real estate venture, out of Agrofert. Babiš’ stake in Imoba is worth about $180 million. He also owns the Michelin-starred restaurant La Paloma in the French Riviera.
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