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Zygmunt Solorz-Żak – Billionaire

Zygmunt Solorz-Żak (2013).JPG

Zygmunt Solorz-Żak (born Zygmunt Józef Krok, August 4, 1956) is a Polish businessman. He is the second richest person in Poland and has repeatedly appeared on Forbes’ ranking of the world’s billionaires, with an estimated net worth around €5.77 billion. On the Forbes 2016 list of the world’s billionaires, he was ranked #688 with a net worth of US$2.5 billion.

Solorz-Żak launched the free-to-air commercial TV channel Polsat in 1992, broadcast through satellite, and obtained a national commercial television license in 1993. Since the middle of the 1990s, Polsat has remained one of Poland’s biggest television stations. Apart from TV Polsat, Solorz-Żak’s key assets include the pay TV platform Cyfrowy Polsat. He holds controlling stakes in the pension fund PTE Polsat, small life insurer Polisa and retail bank Invest Bank. After winning control over the distressed Elektrim conglomerate, Solorz-Żak obtained operating control over the lignite power plant PAK, ranked among the three largest electricity producers in Poland. He has owned the Śląsk Wrocław football club since 2008 and the Polish mobile phone company Polkomtel since 2011.

Zygmunt Solorz-Zak net worth: Zygmunt Solorz-Zak is a Polish entrepreneur who has a net worth of $3.5 billion. Zygmunt Solorz-Zak is the founder of TV network Polsat, Poland’s second biggest television channel. Being listed on the Warsaw Stock Exchange, Zygmunt’s company includes a digital platform as well as sports, news and film channels. In addition to Polsat, he also listed his utility, ZE PAK, in Poland’s largest public offering in 2012.

Furthermore, Zygmunt holds stakes in Poland’s InvestBank, pension fund PTE Polsat, pharmaceutical company Bioton and TV producer ATM Group. In the first quarter of 2013, he is planning to transfer a vast portion of his interests in the empire to his son Tobias; most probably as a hedge against his upcoming divorce. Courts proceedings are about to determine how much of his wealth he will have to hand over. Reportedly, Sorlorz-Zak has a dream to construct an intelligent house that could be controlled entirely by smartphone. This two-time divorcee billionaire dreamer is one of Poland’s richest people.

Source:

1.wikipedia

2.celebritynetworth

 

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