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Veres
Tibor Veres
Rank #1811
HUNGARY•diversified•Real Estate, Investments

Tibor Veres

Net Worth
$2.175B
0% (24h)
Tibor Veres is a prominent Hungarian billionaire known for his substantial investments in real estate and other ventures. With an estimated net worth of $2.2 billion as of late 2024, Veres has established himself as a leading figure in Hungary's business landscape. His wealth primarily stems from his diversified investments and real estate holdings. Veres, at 63 years old, is the founder and chairman of Wallis Asset Management, a major Hungarian investment and real estate company. His career is marked by the founding of the Wallis Group in 1987, which operates in real estate development, automotive, retail, and manufacturing. He is also a member of the UNICEF Hungary Board of Trustees.

The Full Dossier

Early Life

Tibor Veres was born in Hungary and graduated from the University of Moscow in 1986 with a degree in economics. After graduating, he returned to Hungary to begin his career.

Rise to Success

Veres founded the Wallis Group in 1987 with his father and another co-founder. Through holding companies, Veres controls interests in automobiles, real estate development, retail, and manufacturing. Wallis's Dayton-Invest is the majority owner of WING, a real estate business with interests in Hungary, Poland, and Germany. He also controls AutoWallis, a leading automotive and mobility service provider with 23 brands operating across Central and Eastern Europe.

Key Business Strategies

Veres's key business strategies include a focus on diversified investments and real estate. The Wallis Group has a large and diversified portfolio of assets with a primary focus on real estate development, office buildings, retail properties, and residential projects. He is known for his savvy and long-term investment approach.

Philanthropy

Veres is a member of the UNICEF Hungary Board of Trustees.

Career Timeline

Unknown

Member of UNICEF Hungary Board of Trustees

Serves as a member of the UNICEF Hungary Board of Trustees.

1987

Founded Wallis Group

Founded the Wallis Group with his father and another co-founder.

1986

Graduated

Graduated from the University of Moscow with a degree in economics.

Philanthropic Impact

CharityUnknown

UNICEF Hungary

Serves as a member of the UNICEF Hungary Board of Trustees.

Wealth Trajectory