Michal Solowow Net Worth is$2 Billion
VN:F [1.9.22_1171]
deserves the money?
Rating: 0.0/5 (0 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 0.0/5 (0 votes cast)
Michal Solowow net worth: Michal Solowow is a Polish businessman and rally driver who has a net worth of $2 billion. Michal Solowow made his first million trading currency and then was wise enough to buy shares in chemical company Dwory and fund its expansion with debt, taking advantage of low interest rates at the time. In the late 1980s he founded construction company Mitex, which he sold in 2002 to French investor Eiffage. Next, he diversified his interests into ceramic tiles, wood floors and real estate. Even though he gave up any management roles, he has still remained an active investor on Warsaw Stock Exchange and one of the biggest Polish stock exchange investors. He is currently holding major shares in numerous Polish public companies including chemicals firm Synthos, ceramics maker Rovese, real estate developer Echo Investment and flooring outfit Barlinek. Apart from being maybe the fastest growing billionaire in Poland, Solowow is an avid race-car driver who regularly takes the scene at the European Rally Championships. As for his private life, he is married and lives in Maslow.
MichaA? SoA?owow (born July 11, 1962 in Kielce) is a Polish businessman and rally driver. The European vice-champion (2008), vice-champion of Poland (2006), the European vice-champion (2006), two-time Vice-champion of Poland (2004, 2005).
His wealth is estimated at the over 6 bn zA?oty (in 2006 - 3.6 bn); one of the biggest Polish stock exchange investor. He is an important shareholder of the following companies: Synthos (chemical industry), Cersanit (sanitary ceramics and tiles), Echo Investment (development activity), Barlinek (producer of floorboard).
In 2007, Forbes estimated his net worth at 2.3 billion US dollars.
MichaA? SoA?owow bought shares in chemical company Dwory and funded its expansion with debt, taking advantage of low interest rates at the time. He then diversified into ceramic tiles, wood floors and real estate. He gave up any management roles but is still an active investor on Warsaw Stock Exchange and he remains one of the biggest Polish stock exchange investors. He is married and lives in Maslow, a village on the borders of Kielce, Swietokrzyskie voivodship.
He is an important shareholder of the following companies:
- Synthos S.A. (chemical industry). One of the largest Polish chemical company. It manufactures synthetic rubber and latex, styrene materials and vinyl dispersions.
- Cersanit S.A. - (sanitary ceramics and tiles). One of the largest and most dynamically growing companies in Poland and a nationwide leader in complex bathroom equipment, intensely expanding its range of export operations (the share of export in total revenues from sales earned by the company exceeds 40%).
- Echo Investment (property development activity). The company conducts building projects for flats, offices, shopping centres, hotels, entertainment and also property management.
- Barlinek S.A. (producer of floorboards). One of the largest manufactuer of natural wooden flooring systems in the world, and the most recognizable brand of natural f

Michal Solowow Latest News

Pulawy says Synthos bid too low

Synthos, controlled by one of Poland's wealthiest man Michal Solowow, launched a 1.96 billion zloty ($576.06 million) bid for state-owned Pulawy over two weeks ago as part of a wave of ownership shifts in the chemical sector. Poland's Treasury Ministry ...
Posted: July 4, 2012, 5:00 pm

Griffin and Pimco aim to raise stake in Poland's Echo Investment

Griffin and Pimco this month agreed to buy Polish billionaire Michal Solowow’s 41.55 percent stake in Echo in a deal pending regulatory approval. ”The next step will be to call on other investors to sell up to 66 percent in Echo Investment. The ...
Posted: March 23, 2015, 10:13 am

Rally Sweden: Ostberg quickest in shakedown

Nobody manages to be quick at their first Rally Sweden." Henning Solberg was next up in fourth – in his first WRC event in over a year, with Thierry Neuville, Craig Breen, Juho Hanninen, Michal Solowow, Robert Kubica and Yuriy Protasov in positions 5 ...
Posted: February 5, 2014, 4:14 am

Rallying-Photographer struck by car at Rally of Sweden

The accident happened on Thursday morning near the town of Raada when Polish driver Michal Solowow lost control of his car in a bend and flew off the road, striking the photographer. "The situation with the injured party is stable," race director Christina ...
Posted: February 11, 2015, 9:02 pm

Poland: big chemicals find buyers

The latest bid comes from Michal Solowow, a Polish stock market tycoon whose Synthos synthetic rubber maker this week launched a 1.96bn zlotys ($585m) offer for Zaklady Azotowe Pulawy, one of Poland’s leading fertiliser companies. The treasury has a 51 ...
Posted: June 19, 2012, 9:57 am
Related Topics:
How Much Is Michal Solowow Earnings, How Much Is Michal Solowow Income, How Much Is Michal Solowow Net Worth, How Much Is Michal Solowow Salary, How Much Is Michal Solowow Worth, Micha? So?owow, Michal Solowow, Michal Solowow Age, Michal Solowow Billionaires, Michal Solowow Bio, Michal Solowow Biografia, Michal Solowow Cersanit, Michal Solowow Country, Michal Solowow Date Of Birth, Michal Solowow Earnings, Michal Solowow Ethnicity, Michal Solowow Family, Michal Solowow Forbes, Michal Solowow Forbes 2011, Michal Solowow Gossips, Michal Solowow Height, Michal Solowow History, Michal Solowow Home Town, Michal Solowow Images, Michal Solowow Income, Michal Solowow Job, Michal Solowow Nationality, Michal Solowow Net Worth, Michal Solowow Networth, Michal Solowow News, Michal Solowow Partner, Michal Solowow Place Of Birth, Michal Solowow Rodzina, Michal Solowow Rumors, Michal Solowow Salary, Michal Solowow Secrets, Michal Solowow Videos, Michal Solowow Weight, Michal Solowow Wiki, Michal Solowow Wikipedia, Michal Solowow Zona, Who Is Michal Solowow,