Age, Biography and Wiki

Ratko Butorović (Ratko Buturović) was born on 17 July, 1956 in Nikšić, PR Montenegro, FPR Yugoslavia. Discover Ratko Butorović's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 57 years old?

Popular As Ratko Buturović
Occupation FK Vojvodina owner (2006-2013) Hotel Park owner (2004-2013) Hotel Leopold I operator (2006-2013)
Age 57 years old
Zodiac Sign Cancer
Born 17 July, 1956
Birthday 17 July
Birthplace Nikšić, PR Montenegro, FPR Yugoslavia
Date of death (2013-06-08) Novi Sad, Serbia
Died Place Novi Sad, Serbia
Nationality Montenegro

We recommend you to check the complete list of Famous People born on 17 July. He is a member of famous with the age 57 years old group.

Ratko Butorović Height, Weight & Measurements

At 57 years old, Ratko Butorović height not available right now. We will update Ratko Butorović's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Balša Butorović Bodin Butorović

Ratko Butorović Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Ratko Butorović worth at the age of 57 years old? Ratko Butorović’s income source is mostly from being a successful . He is from Montenegro. We have estimated Ratko Butorović's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

2019

In July 2019, six years after his death, Butorović's widow put their 708 m Novi Sad villa up for sale, listed at €1.34 million.

2014

In January 2014, some six months following Butorović's death, his older son Balša confirmed that the family is no longer involved in running the hotel on a day-to-day basis, having decided to sublease it to a foreign entity.

2013

Butorović died of natural causes in 2013. His body was discovered in the morning hours of 8 June 2013 in a suite within his Hotel Park in Novi Sad; he was last seen alive the night before around 8:00 pm at the same hotel during a meeting with FK Vojvodina's managing board members and newly named head coach Marko Nikolić after which Butorović retired to the hotel suite he had reportedly often been using as a second home. Following an autopsy, it was concluded that he died in his sleep as a result of suffering a heart attack. Butorović had a history of coronary issues, even undergoing surgery in 2006 at the Sremska Kamenica Institute for Cardiovascular Diseases during which he had several stents inserted.

On 12 June 2013, before being transported to Belgrade Nikola Tesla Airport and flown to Montenegro for burial, the coffin with Butorović's body was displayed at Novi Sad's city cemetery — where, among others, pop-folk star Nataša Bekvalac came to pay her respects.

2011

In December 2011, Butorović was among the group of businessmen and former athletes that revived the dissolved Vojvodina sports society, an umbrella entity presiding over 22 men's and women's clubs carrying the "Vojvodina" name in various sports. The organization had existed for more than 90 years throughout the 20th century before falling on hard times financially and dissolving through bankruptcy during the late 2000s. Butorović was appointed president of the revived entity, a position he performed in parallel to his duties at FK Vojvodina.

2008

On Tuesday, 29 January 2008, Butorović got arrested on suspicion of match fixing. His apprehension came as part of a sweeping action by Serbian police aimed at dealing with widespread football corruption in the country. Police suspected that Butorović, along with FK Vojvodina managing board president Milan Čabrić, fixed football matches by bribing football referees Mihajlo Jeknić and Borislav Kašanski whom he established contact with through former referee Goran Kovačić. Čabrić, Jeknić, Kašanski, and Kovačić were all also arrested on the same day. Butorović got taken in spectacular fashion as police stormed his villa in Stanoja Glavaša Street in the Telep neighbourhood around 4pm while some twenty investigators and plain-clothed policemen reportedly searched his house for relevant evidence before taking him to a police station around 7pm. A small number of FK Vojvodina fans gathered in front of his house while police searched it, offering support by chanting "Don't give up, Bata".

2007

On 15 November 2007, the 200-meter long protective rampart, located at the Gornja tvrđava section of the Fortress in the hotel's near vicinity, got demolished. It was unclear who ordered the demolition with fingers being pointed back and forth between Butorović and several local publicly owned companies with jurisdiction over the Fortress. Eventually, the excavator operator Stjepan R. who carried out the demolition got arrested, but the responsibility for who ordered the action never got established. The rampart was subsequently re-built.

2006

In August 2006, at an international tender auction, Butorović's company HTUP Park won 30-year lease rights to Hotel Varadin on the Petrovaradin Fortress. Under the terms of the concession agreement signed by the Novi Sad mayor Maja Gojković and HTUP Park representative Kosta Kliska, Butorović's company took on the obligation of investing at least €6 million into the 5,405 m property while being allowed to forgo the payment of a lease fee to the city during the initial five years of the agreement. Furthermore, it committed to commence payment of the lease fee of €3.8 / m per month (€21,000 per month) to the city of Novi Sad once five years of the agreement have expired in September 2011. Many found the agreed lease amount to be ridiculous considering the average lease fee in Novi Sad at the time had been at least twice that and that the venue in question is a premier property — centrally-located baroque hotel. Butorović reportedly invested €6.5 million in the hotel renovation, re-opening it in June 2007 under the new name Hotel Leopold I after the 17th century Holy Roman Emperor. The amount of the investment Butorović made in the hotel has been disputed, however, due to lack of oversight. That is how it was possible that Butorović never paid a single euro for the use of this historic monument.

In 2006 Butorović became the owner of the struggling FK Vojvodina football club in Serbia. His investment triggered a revival in the club's fortunes, immediately breaking into the top three in the Serbian SuperLiga. Led by incoming head coach Milovan Rajevac and benefiting from the 17 league goals by twenty-three-year-old striker Ranko Despotović as well as midfield enterprise of newly acquired twenty-seven-year-old Milan Davidov and returning thirty-three-year-old veteran Miodrag Pantelić, Vojvodina finished third in the league (club's best league finish in a decade) and made the Serbian Cup final where they lost to Red Star Belgrade. Furthermore, the season saw regular playing time and continued development opportunities for their up-and-coming squad assets: eighteen-year-old attacking midfielder Dušan Tadić, nineteen-year-old midfielder Gojko Kačar, and twenty-two-year-old goalkeeper Damir Kahriman.

2004

In 2004, Butorović made his biggest investment, buying Novi Sad's state-owned Hotel Park for RSD100 million (~€1.25 million) at a privatization tender auction. Refurbishing and upgrading the 22,000 m property that had already been the seat of his business activities for more than a decade, Butorović turned it into Novi Sad's premier hospitality venue.

2003

He then financed the construction of a 6,500 m shopping center on Kralja Aleksandra Street in Novi Sad. Named Pariski Magazin, the property opened in 2003, housing a series of cafes, spas, beauty parlours, and retail shops.

2000

In 2000, Butorović began making larger investments in the hospitality industry. His first property of note was Xanadu, a 5-star boutique hotel in Kumbor near Herceg Novi in Montenegro, FR Yugoslavia, whose construction he financed before selling it several years later to a Russian investor.

1998

In 1998, following a controversial decision by the Budva municipality president to privatize the historic Hotel Jadranska Straža seaside property via circumventing the usual procedure of putting it to a vote before the municipal parliament, Butorović bought the small hotel for reportedly DM480,000. With a history dating back to the 9th century, the property — that had at one point been a Benedictine monastery — is designated as a structure of special importance. After having his expansion projects of building a marina and other luxury amenities rejected by the authorities, Butorović decided to sell Hotel Jadranska Straža to reputed Montenegrin mobster Blagota "Baja" Sekulić.

1995

In September 1995, nineteen-year-old beauty queen Jelena Molnar was found dead in a Hotel Park room, leased out to Butorović's company, where she had been staying with her twenty-three-year-old Cetinje-born boyfriend Predrag Maričić, one of Butorović's bodyguards. As a result, Butorović left Serbia and FR Yugoslavia, settling in Greece. Maričić was charged with murder, but eventually got acquitted following a Novi Sad District Court trial that saw Butorović provide testimony. The lower court verdict got appealed by the public prosecutor and the case went before the Serbian Supreme Court where Maričić got acquitted again.

1990

By the early 1990s, Butorović was based out of a small office located in the state-owned Hotel Park in Novi Sad and involved in various business and community activities, including running a pawnbroker's shop and donating a medical vehicle to the Serbian forces fighting in the Battle of Vukovar.

While in Greece, Butorović resided in Thessaloniki, running a department store in the city in addition to several small hotels in Chalkidiki. For two years he reportedly held majority stake in the ownership of P.A.O.K. basketball club. The source of Butorović's wealth was often questioned with many speculating about his investments being a front for Đukanović's and Mićunović's ill-gotten funds. In several 1990s and early 2000s Serbian Interior Ministry (MUP) internal notes that have subsequently become public through freedom of information requests, Butorović is explicitly mentioned as "having direct ties and maintaining constant contact with Montenegrin organized crime groups".

1987

Butorović's first foray into entrepreneurship took place in 1987 via opening a consumer goods retail store in Novi Sad. Named 'Kan Kan', the store further cemented his by now well-known nickname around town and soon expanded into a chain of shops throughout the city. Butorović soon diversified his business activities by establishing a rent-a-car company as well as an airport taxi service shuttling passengers between Novi Sad and Belgrade Airport.

1980

In his twenties, Butorović moved on to Vienna where, having had a strong physical build, he found employment as bouncer and bodyguard. It was reportedly during his time in Vienna that Buturović developed a close friendship with reputed mobster Đorđe "Giška" Božović. After Vienna, Buturović spent some time in Paris. By mid-1980s, he returned to SR Serbia within SFR Yugoslavia where he decided to modify his last name from Buturović to Butorović, reportedly in an effort of making himself harder to track down due to transgressions committed abroad.

In the late 1980s, Butorović married his wife Smiljka. They have two sons, Balša and Bodin. Butorović was known for his colourful lifestyle and flamboyance, adopting an extravagant style of dress and reportedly being friends with rapper 50 Cent.

1970

In the early-to-mid-1970s, after completing high school in his hometown, teenage Buturović moved northwards to SR Serbia: first to Belgrade before eventually settling in Novi Sad where he enrolled in the mechanical engineering program at the University of Novi Sad's Faculty of Technical Sciences. It was in Novi Sad where Buturović grew close to Brano Mićunović, a fellow Nikšić-born-and-bred Montenegrin who had, much like Buturović, arrived in Novi Sad in search of expanded opportunities and was already well on his way to becoming an influential organized crime figure. Young Buturović quickly developed a knack for business, often of the illegal or semi-legal variety, reportedly making his first money by selling clothing items stolen in Italy that had been smuggled into SFR Yugoslavia.

1956

Ratko Butorović (17 July 1956 – 8 June 2013) also known as Bata Kan Kan was a controversial Montenegrin–Serbian businessman.