Czech billionaire Michal Strnad became one of eastern Europe’s wealthiest individuals thanks to the blockbuster listing of his defense company earlier this year. Now, the 33-year-old arms tycoon is putting some of those proceeds to work by taking a 14% stake in Pirelli SpA, one of Italy’s corpor...

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-31/czech-arms-tycoon-expands-holdings-with-pirelli-stake-purchase)

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