Zygmunt Solorz-Żak
Zygmunt Solorz-Żak 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.
