Czech businessman Zdenek Bakala comes with an estimated net worth of $1.5 billion as of March 2013 according to Forbes. This banking and mining investor got most of his net worth from his huge investments in coal. In the last year, the worth of Bakala’s positions incoal miner New World Resources dropped by 40%. On the other hand, his positions atFerrexpo, the organization that specializes on producing iron ore, dropped by 13%. In effect, he focuses more of his energy on politics and sports. In addition to such investments, he additionally a significant owner ofOmega Pharma Quickstep cycling team. Zdenek Bakala was born on February 7, 1961 inOpava , Czechoslovakia.After finishing his bachelor’s degree in the University of California Berkeley, Zdenek Bakala attended Dartmouth College to have his Master of Business Administration degree. Bakala is wed toMichaela Malacova, the former Miss Czechoslovakia who currently runs and arranges beauty pageants in Czech Republic.