Zygmunt Solorz-Żak

Who is Zygmunt Solorz-Żak?

Zygmunt Solorz-Zak is a business man from Poland.

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-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 remains one of the Poland's biggest television stations. Apart from TV Polsat, Solorz-Żak'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-Żak obtained operating control over lignite power plant PAK, ranked among the top three largest electricity producers in Poland.

Since 2008, he owns football club Śląsk Wrocław and since 2011 Polkomtel.