Zygmunt Solorz-Żak is one of the richest people in Poland

Poland

Poland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...

, repeatedly appearing on Forbes

Forbes

Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

 world's billionaires ranking, with an estimated net worth around EUR1.5 billion.

Solorz-Żak launched the free-to-air commercial TV channel Polsat

Polsat

Polsat is Poland's second biggest television channel, founded on December 5, 1992 and owned by Zygmunt Solorz-Żak.Polsat belongs to the Polsat Group , which also owns other channels:*Polsat HD*Polsat 2 International*Polsat News*TV Biznes...

 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

Cyfrowy Polsat

Cyfrowy Polsat is a Polish DTH platform. It was launched on December 5, 1999 and is owned by Cyfrowy Polsat S.A. It is the fourth largest digital platform in Europe and the largest in Central and Eastern Europe. Cyfrowy Polsat have 3,47 million subscribes.Cyfrowy Polsat S.A...

. 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

Elektrim

Elektrim SA, a Polish public company trading from 1992 on the Warsaw Stock Exchange, is the result of the privatization of the former PHZ Elektrim...

 conglomerate, Solorz-Żak obtained operating control over lignite

Lignite

Lignite, often referred to as brown coal, or Rosebud coal by Northern Pacific Railroad,is a soft brown fuel with characteristics that put it somewhere between coal and peat...

power plant PAK, ranked among the top three largest electricity producers in Poland.