Zygmunt Solorz Zak Net Worth is$2.9 Billion
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Zygmunt Solorz-Zak net worth: Zygmunt Solorz-Zak is a Polish entrepreneur who has a net worth of $2.9 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.
Zygmunt Solorz-A>>ak Solorz is his first wife's surname, A>>ak is his second wife's surname (born August 4, 1956 in Radom) previously known as Piotr Krok[citation needed] and Piotr Podgorski[citation needed]. Thanks to cooperation with Polish communist government information agency (SB)[citation needed] Piotr Krok was able to build his empire. Starting with spedition company in Austria (where was in jail for theft for 3 months[citation needed]) and later other business activities like second hand car importer from Germany to Poland. Got friendly with people including some catholic priests associated with Radio Free Europe. Radio was designed to provide information from western world and to fight communism in Poland. Those connections were very valuable for SB. Pretty eager to cooperate with SB Piotr Krok was giving communists informations about people involved with Solidarnosc[citation needed]. Polish communists knew that their time was coming to an end, and used Krok to make a deal with the west to grant themselves a soft landing after the system change. Source of information - Rzeczpospolita newspaper[citation needed].
He is now the second richest person in Poland, repeatedly appearing on Forbes world's billionaires ranking, with an estimated net worth around EUR 5,77 billion.
Solorz-A>>ak 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 remains one of the Poland's biggest television stations. Apart from TV Polsat, Solorz-A>>ak's key assets include pay TV platform Cyfrowy Polsat. He holds controlling stakes in pension fund PTE Polsat, small life insurer Polisa and retail bank Invest Bank. After winning control over the distressed Elektrim conglomerate, Solorz-A>>ak obtained operating control over lignite power plant PAK, ranked among the top three largest electricity producers in Poland.
Since 2008, he owns footba

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Zygmunt Solorz Zak Latest News

EBRD invests 200 mln euros in Polkomtel buyout

LONDON, Aug 12 (Reuters) - The European Bank of Reconstruction (EBRD) is investing 200 million euros ($284 million) of equity in the financing package backing Zygmunt Solorz-Zak’s 18 billion zloty ($6 billion) buyout of Polish mobile firm Polkomtel
Posted: August 11, 2011, 5:00 pm

Play readies 150Mbps LTE network as Poland's 4G market starts to take shape

In the first of a series of articles examining the 4G LTE landscape across Europe, ZDNet takes a look at how Poland's fourth ... operated by companies controlled by Polish TV magnate Zygmunt Solorz-Zak. The main loser in the auction was former state ...
Posted: September 13, 2013, 12:58 am

Polish Cyfrowy's shares hit 2.5-year high after profit surprise

Cyfrowy, owned by billionaire Zygmunt Solorz-Zak, said net profit for the three-month period jumped 59 percent to 279 million zlotys ($71.67 million). Analysts polled by Reuters forecast 180 million zlotys. The company's reported earnings before interest ...
Posted: May 11, 2017, 1:16 am

Cyfrowy Polsat : and Polkomtel launch 300Mbps LTE

Cyfrowy Polsat is owned by Polish billionaire mogul Zygmunt Solorz-Zak and operates via a number of subsidiary companies, including Polkomtel/Plus and Aero2/CenterNet. TeleGeography’s GlobalComms Database notes that Polkomtel is Poland’s fourth largest ...
Posted: August 25, 2016, 4:28 am

Polkomtel Sold for $5.5 Billion to Polish Businessman

Polish mobile network operator, Polkomtel is to be sold by its shareholders to Polish businessman, Zygmunt Solorz Zak for an enterprise valuation of EUR 4.5 billion (USD6.5 billion). The net price is USD5.5 billion when you exclude debt and dividend payments.
Posted: June 30, 2011, 11:22 pm
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