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Czech billionaire Petr Kellner was one of five people killed when a helicopter crashed near an Alaskan glacier on Saturday, according to reports.
Kellner and other passengers were on their way to a ski trip when the chopper went down. PFF Group, the Czech investment company co-founded by Kellner, confirmed the news.
“With great sadness, PPF announces that … Petr Kellner tragically passed away in a helicopter accident in the Alaskan mountains,” the company said in a statement. “His professional life was known for his incredible work ethic and creativity, but his private life belonged to his family.”
Kellner, 56, formed PPF in 1991 in order to assist the Czech economy following the fall of communism. He owned nearly 99% of the firm. He reportedly was worth $15.7 billion.
Per a statement from Alaska State Troopers, Kellner was one of five killed in the crash, including the pilot. One passenger survived and is in serious but stable condition.
The Knik Glacier, where the crash took place, is located 50 miles east of the Alaska capital of Anchorage.