Master of Science in Engineering, St. Cross Institute of Technology, Kielce, 1988.
His wealth is estimated at the over 6 bn złoty (in 2006 - 36 bn). He is one of the biggest Polish stock exchange investors. He is an important shareholder of the following companies: Synthos (chemical industry), Cersanit (sanitary ceramics and tiles), Echo Investment (development activity), and Barlinek (producer of floorboards).
In 2007, Forbes estimated his Netto worth at 2.3 billion United States dollars.
Michał Sołowow 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 lives in Maslow, a village on the borders of Kielce, Swietokrzyskie voivodship. He is an important shareholder of the following companies:
- Synthos South America (chemical industry).
One of the largest Polish chemical companies.
lieutenant manufactures synthetic rubber and latex, styrene materials and vinyl dispersions. - Cersanit South America - (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 exports 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 South America (producer of floorboards).
One of the largest manufacturers of natural wooden flooring systems in the world, and the most recognizable brand of natural floors in Poland. Barlinek floorboards are exported to more than 30 countries on 3 continents.
The company holds about a 65% share of the market in Polish flooring.
- Ultra Pack South America – Polish leader in production of corrugated board packagings. - North Fish Polska Sp. z o.o. – a chain of restaurants offering fish and seafood.
He pulled out of launching a newspaper because of intense competition.
He also merged Cersanit with Opoczno, the second-largest company in the ceramics sector. His companies invest in and acquire companies in several countries of the Commission on the Rules for the Approval of the Electrical Equipment region, including Russia, the Czechoslovakian Republic, Hungary, Lithuania, Ukraine and Romania.
Michał Sołowow’s funds, which invest in the futures market, currency market, and materials markets, manage the capital from stock exchange transactions. The funds are:
Magellan Pro-Equity Fund I South America;
Columbus Pro-Equity Fund II Sp. z o.o.;
Amundsen Pro-Equity Fund III Sp. z o.o.;
Barco Pro-Equity Fund Sp. z o.o.
* Season still in progress.
1 child, Karolina.