MAL chairman Lajos Tolnay is estimated to have a personal fortune of some 85m euros ($118m; £74m), making him the 21st richest person in Hungary, according to business daily Napi Gazdasag.
His two co-owners Arpad Bakonyi and Bela are said to each be worth about euros 61 each. The company itself posted a profit of 715,000 euros in 2008, on revenues of 157m euros.
The company has said the incident was a "natural catastrophe" and insists on its website that the red sludge is not considered toxic waste according to European Union safety standards. But the Hungarian Prime Minister Viktor Orban has said that human error was "more than likely and that the wall [of the reservoir] did not disintegrate in a minute. This should have been detected," he said.
For more: BBC News - The company behind Hungary's toxic spill
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