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Richard Moravek

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Richard Moravek

1970 – 2026 · aged 56 · Entrepreneur; developer; investor; Redstone founder

Olomouc developer who built districts meant to outlast him.

Portrait: REDSTONE group via iPrerovsko.cz

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Latest: Joan Dixon 🇺🇸 lit a candle 2h ago

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Richard Moravek was a Czech entrepreneur, developer and investor who reshaped parts of Olomouc and carried his Redstone group into Pardubice, Prague and beyond. He died in Olomouc on September 17, 2026, at the age of 56, after a serious head injury suffered on holiday in Spain earlier that summer.…

Richard Moravek was a Czech entrepreneur, developer and investor who reshaped parts of Olomouc and carried his Redstone group into Pardubice, Prague and beyond. He died in Olomouc on September 17, 2026, at the age of 56, after a serious head injury suffered on holiday in Spain earlier that summer.

Born on March 26, 1970, in Zabreh, he grew up in Mohelnice and Olomouc and studied at Gymnazium Jana Opletala in Litovel. He began business in 1992 in food wholesale, importing Thai goods including pineapple, before turning to property when supermarket chains squeezed the wholesale trade. With partners he helped build Galerie Santovka on a former industrial site beside the Mlynsky potok, opening the shopping centre in 2013. The mall became the largest in the Olomouc Region and won Stavba roku 2014. In 2015 he founded Redstone, which grew into one of the more visible Czech development groups.

Under his lead Redstone pursued Santovka Living, Envelopa Office Center, the long debated Santovka Tower and District plans, Galerie Pernerka in Pardubice, Prague assets through the Max Realitni fund, student housing, and Senatorium long term care beds opened in 2025. Moravek cast himself as an Olomouc patriot who wanted whole districts to work for decades, not only single buildings. Forbes Czech coverage once put his assets near 11 billion crowns.

He also backed sport and culture. Redstone supported BK Olomoucko basketball and other clubs. He served about a decade as a vice chair of the Czech Bowling Association, helped found Divadlo na Santovce, and restored Fort XX in Krelov as a meeting place for concerts and charity. With his wife Helena he co founded the Helena Moravek Foundation in 2019 to aid families in hard circumstances. In 2019 he and sommelier Vit Bartosek acquired Chateau Escot in Bordeaux, a project he described as needing the same patience as development. He walked the Camino from Porto to Santiago and spoke often of wine, cooking and travel.

Some of his early deals and the Santovka Tower fight drew sharp criticism over heritage, ecology and city contracts. Supporters pointed to finished places thousands use daily. He is survived by his wife Helena, three children and five grandchildren. Redstone said its management would continue operations and asked the public to respect the family's privacy.

Biography adapted from Czech Wikipedia; REDSTONE Group statement; Aktuale.cz/CTK; iPrerovsko.cz; Olomoucky denik.

In their own words

We will create projects that will outlive us and bring added value.

Comment by Moravek, recalled after his death by iPrerovsko.cz

Courage and self confidence.

His answer when asked what Olomouc lacked

Photos

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Richard Moravek
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Richard Moravek
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Videos

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Santovka Star(t)s with Richard Moravek
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Retail Minutes: building world class shopping centres
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Richard Moravek on the 1990s and the Camino
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Interview: how billion crown projects are made
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Tributes

5

Memories, thanks and farewells from the people Richard touched.

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I came across Redstone while researching Central European property funds for a report, and that line of his stuck with me, projects that will outlive us. He founded the group in 2015 and by all accounts kept expanding it right up to the end. A serious loss for Olomouc's business community.

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56. That's it, that's the whole gut punch right there. Never met the guy but I read up on the Santovka project years back for a business piece and the way he talked about building things to outlast him stuck with me. Thinking of Helena Moravkova and the kids tonight.

Mariana Sanchez1h ago

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Same, 56 is nothing. Sorry for your loss too even secondhand.

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had lunch at Galerie Santovka on a trip through Moravia years ago, had no clue who was behind it until now. 56 is no age at all.

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so I never met the guy, saw an article about the Santovka mall a few years back when I was reading about mixed use developments for a class project, kept the tab open forever honestly, anyway that line he had about building things that outlive you, that stuck with me more than it probably should have for someone I never met, I think about it when I'm out working in the garden actually, planting stuff I won't see grow all the way, weird thing to think about a Czech real estate guy but there it is. 56 is nothing. edit: he was 56, not sure why I said that like it needed saying twice

Giuseppe Rinaldi9h ago

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you didn't need to know him for that to land, it's a good line

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My mother called to tell me, she'd read it in some Czech paper her neighbour forwards her. I only knew him from walking through Santovka on a stopover in Olomouc a few years back, that whole quarter he built. Strange to hear a name from a place you passed through once.

Lawrence Graham13h ago

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That mall really is enormous for a city that size, I remember it too.

Candles

22

28 people are remembering Richard here. Every candle here is someone saying they were glad Richard lived. No account needed; it takes a moment and it stays here.

No account needed.
Joan Dixon🇺🇸2h ago
Saw Galerie Santovka open in 2013. Built something that will last.
Amy Arnold🇺🇸3h ago
Gisela Schuster🇺🇸3h ago
Karim Mansour🇬🇧5h ago
Leticia Romero🇺🇸5h ago
Galerie Santovka opened 2013. Built something that lasts.
Jerry Bradley🇺🇸5h ago
Daniela Cruz🇲🇽5h ago
Emily Cole🇺🇸5h ago
didn't know his work but my dad did. rest well richard
Amelia Davis🇺🇸10h ago
56 is way too young. rest well, Richard.
Emilio Serrano🇺🇸10h ago
1992 to 2026. Reshaped a city.
Showing 10 of 22

Early life

Richard Moravek was born on March 26, 1970, in Zabreh. He spent his childhood in Mohelnice and Olomouc and studied at Gymnazium Jana Opletala in Litovel. After finishing school he married, completed compulsory military service, and by 1992 was already in business.

Richard Moravek was born on March 26, 1970, in Zabreh. He spent his childhood in Mohelnice and Olomouc and studied at Gymnazium Jana Opletala in Litovel.

After finishing school he married, completed compulsory military service, and by 1992 was already in business.

From food wholesale to property

His first ventures were far from skyscrapers. With his brother in law he ran a food wholesale business that imported Thai products, including pineapple. When supermarket chains squeezed that market, he moved into real estate. With investor Ivan Gersl he formed Zenmex and later other firms that became the platform for larger development work in Olomouc.

His first ventures were far from skyscrapers. With his brother in law he ran a food wholesale business that imported Thai products, including pineapple.

When supermarket chains squeezed that market, he moved into real estate. With investor Ivan Gersl he formed Zenmex and later other firms that became the platform for larger development work in Olomouc.

Galerie Santovka and a new district

On the former Milo industrial grounds beside the Mlynsky potok he helped create Galerie Santovka, opened in 2013. The centre became the largest shopping mall in the Olomouc Region and won Stavba roku 2014. Around it grew Santovka Living, plans for Santovka District, and the long debated Santovka Tower. Moravek cast the work as an urban remake of a whole…

On the former Milo industrial grounds beside the Mlynsky potok he helped create Galerie Santovka, opened in 2013. The centre became the largest shopping mall in the Olomouc Region and won Stavba roku 2014.

Around it grew Santovka Living, plans for Santovka District, and the long debated Santovka Tower. Moravek cast the work as an urban remake of a whole neighbourhood rather than a single retail box.

Redstone group

He founded Redstone in 2015. The group expanded into Pardubice with Galerie Pernerka, into Prague with trophy assets such as Palac Myslbek and OC Flora via Max Realitni fund, and into Ostrava brownfield ideas branded Nove Vitkovice. Other Olomouc work included Envelopa Office Center, Senatorium long term care beds opened in 2025, student housing plans, and the Nová Velkomoravska vision…

He founded Redstone in 2015. The group expanded into Pardubice with Galerie Pernerka, into Prague with trophy assets such as Palac Myslbek and OC Flora via Max Realitni fund, and into Ostrava brownfield ideas branded Nove Vitkovice.

Other Olomouc work included Envelopa Office Center, Senatorium long term care beds opened in 2025, student housing plans, and the Nová Velkomoravska vision with a multi purpose arena.

Sport, culture and Fort XX

Redstone backed Olomouc basketball and hockey. Moravek served about ten years as a vice chair of the Czech Bowling Association. He helped found Divadlo na Santovce and bought Fort XX in Krelov, turning the fortress into a venue for concerts, philanthropy events and community gatherings.

Redstone backed Olomouc basketball and hockey. Moravek served about ten years as a vice chair of the Czech Bowling Association.

He helped found Divadlo na Santovce and bought Fort XX in Krelov, turning the fortress into a venue for concerts, philanthropy events and community gatherings.

Helena Moravek Foundation

On November 20, 2019, he was among the founders of the Helena Moravek Foundation, contributing seed capital and serving on its board. The foundation supports families and individuals in crisis, people with disabilities and adaptive sport. Local reporters who worked with the foundation remembered him as more than a name on a registry.

On November 20, 2019, he was among the founders of the Helena Moravek Foundation, contributing seed capital and serving on its board.

The foundation supports families and individuals in crisis, people with disabilities and adaptive sport. Local reporters who worked with the foundation remembered him as more than a name on a registry.

Wine and travel

In 2019 he and sommelier Vit Bartosek acquired Chateau Escot in Bordeaux and began restoring the estate. He likened winemaking to development: both need patience and long care. He also walked the Camino from Porto to Santiago de Compostela and spoke of cooking, travel and wine as personal passions.

In 2019 he and sommelier Vit Bartosek acquired Chateau Escot in Bordeaux and began restoring the estate. He likened winemaking to development: both need patience and long care.

He also walked the Camino from Porto to Santiago de Compostela and spoke of cooking, travel and wine as personal passions.

Debates and criticism

Some of his early business ties and the Santovka Tower fight drew sharp public criticism, including heritage and ecology concerns and arguments over city contracts. Supporters pointed to finished buildings that thousands use daily. Critics said some deals favoured the developer. Both strands remain part of the public record.

Some of his early business ties and the Santovka Tower fight drew sharp public criticism, including heritage and ecology concerns and arguments over city contracts.

Supporters pointed to finished buildings that thousands use daily. Critics said some deals favoured the developer. Both strands remain part of the public record.

Injury and death

In July 2026 Moravek suffered a serious head injury while on holiday in Spain and underwent surgery there. In August he was transferred to University Hospital Olomouc. He died in the early hours of September 17, 2026, aged 56. Redstone spokesman Michal Folta confirmed the news, and the group asked for privacy for the family while stressing that management would…

In July 2026 Moravek suffered a serious head injury while on holiday in Spain and underwent surgery there. In August he was transferred to University Hospital Olomouc.

He died in the early hours of September 17, 2026, aged 56. Redstone spokesman Michal Folta confirmed the news, and the group asked for privacy for the family while stressing that management would keep the firm running.

Legacy

Santovka, Envelopa, Senatorium, Fort XX and the foundation are among the places and institutions that continue after him. Unfinished schemes such as further Santovka phases and Nová Velkomoravska remain for his partners to carry forward. Colleagues and local media remembered both the billion crown portfolios and the quieter civic work he funded.

Santovka, Envelopa, Senatorium, Fort XX and the foundation are among the places and institutions that continue after him. Unfinished schemes such as further Santovka phases and Nová Velkomoravska remain for his partners to carry forward.

Colleagues and local media remembered both the billion crown portfolios and the quieter civic work he funded.

Questions people ask about Richard

Who was Richard Moravek?
He was a Czech entrepreneur and developer who founded the Redstone group and helped build Galerie Santovka and other major projects in Olomouc and other Czech cities.
When did Richard Moravek die?
He died on September 17, 2026, in Olomouc, aged 56.
How did Richard Moravek die?
He died after a serious head injury suffered on holiday in Spain in July 2026. He was later treated at University Hospital Olomouc.
How old was Richard Moravek?
He was 56 years old.
When was Richard Moravek born?
He was born on March 26, 1970, in Zabreh.
What company did Richard Moravek found?
He founded the Redstone investment and development group in 2015.
What is Galerie Santovka?
It is a large shopping centre in Olomouc that opened in 2013 on a former industrial site and became a flagship of his development work.
Was Richard Moravek married?
Yes. He was married to Helena Moravkova, with whom he co founded a family foundation.
Did Richard Moravek have children?
Yes. Public obituaries say he had three children and five grandchildren.
What was the Helena Moravek Foundation?
A foundation established in 2019 to help families and individuals in difficult situations, people with disabilities and adaptive athletes.
Where else did Redstone build?
Besides Olomouc, Redstone pursued projects in Pardubice (Galerie Pernerka), Prague and other cities, and held assets through the Max Realitni fund.
What was Richard Moravek's net worth?
Forbes Czech coverage cited assets around 11 billion Czech crowns; figures vary by source and date and are not independently verified here.
Was Richard Moravek involved in sport?
Yes. Redstone sponsored Olomouc clubs, and he served for about a decade as a vice chair of the Czech Bowling Association.
Where can I read more?
See his Czech Wikipedia page and statements from REDSTONE Group, plus reporting by Aktuale.cz, iPrerovsko and Olomoucky denik.

Written by People Forever from Wikipedia (CC BY-SA 4.0) and the reporting cited. Updated . Spotted a mistake? Tell us.

Timeline

  1. 26 March 1970
    Born in Zabreh, Czechoslovakia
  2. 26 March 1970
    Born

    Born in Zabreh, then Czechoslovakia.

  3. 1 January 1992
    Starts business

    Begins food wholesale, including Thai imports.

  4. 1 January 2013
    Galerie Santovka opens

    Shopping centre opens on the former Milo industrial site in Olomouc.

  5. 1 January 2015
    Founded Redstone

    Launches the Redstone investment and development group.

  6. 1 January 2019
    Chateau Escot

    Acquires Chateau Escot in Bordeaux with Vit Bartosek.

  7. 20 November 2019
    Foundation founded

    Co founds the Helena Moravek Foundation.

  8. 1 July 2026
    Injury in Spain

    Suffers a serious head injury while on holiday in Spain.

  9. 1 August 2026
    Transferred to Olomouc

    Moved to University Hospital Olomouc after surgery abroad.

  10. 17 September 2026
    Death

    Dies in Olomouc at age 56.

  11. 17 September 2026
    Died in Olomouc, Czech Republic
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