#1673
Michael Polsky
Overview
- Source of Wealth
- Electric power
- Industry
- Energy
- Residence
- Chicago, Illinois
- Education
- University of Chicago Booth School of Business (Master of Business Administration)
- Marital Status
- Married
- Children
- 4
Biography
Ukrainian immigrant Michael Polsky founded Chicago-based Invenergy, one of the nation's biggest developers of renewable energy projects, 33 gigawatts so far.
Invenergy is seeking to build the $11 billion, 800-mile transmission line across Kansas and Missouri called Grain Belt Expresss.
Polsky made an early fortune selling natural gas generator SkyGen to Calpine for $450 million in 2001.
Polsky has sold big multi-billion-dollar stakes in Invenergy to Blackstone and Canadian pension fund Caisse de Depot et Placement du Quebec.
In 2006 an Illinois divorce court ordered him to pay wife Maya $180 million.
About
Polsky has given and pledged more than $150 million to the University of Chicago.