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PRAGUE-The Czech Republics wealthiest man, billionaire Petr Kellner, was killed in a helicopter crash in Alaska, his monetary group PPF said on Monday. He was 56. PPF stated five people died in the crash, whose situations were being investigated.”We reveal with the deepest sorrow that, in a helicopter mishap in Alaska mountains on Saturday, March 27, the creator and bulk owner of the PPF group, Mr Petr Kellner, died unfortunately,” PPF said in a statement.Kellner was a towering business figure of the Czech post-communist period, with his wealth estimated at $17.5 billion according to Forbes.GET FOX BUSINESS ON THE GO BY CLICKING HEREHis roots return to the 1990s when he set up PPF as a financial investment company with partners to participate in the countrys scheme to privatize numerous state-owned companies.PPF went on to grow in insurance coverage, finance, telecommunications, production, media or biotech in organizations spanning generally Europe, Asia and the United States.

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