Rank #2515
Dean Solon
Net worth $1.6B
Solar systems · United States
- Born
- Jan 01, 1965
- Age
- 61
- Source
- Solar systems
- Residence
- Gallatin, Tennessee
- Citizenship
- United States
- Marital status
- Married
- Children
- 0
- Education
- Drop Out, Purdue University
Net worth over time
Biography
- Dean Solon founded Shoals Technologies in 1996; it makes electrical gear for some of the biggest U.S. solar installations.
- Solon, who stepped down as CEO to join the board, owns 40% of Shoals Technologies Group, which had its IPO in January 2021.
- Solon got his start at age 8 carrying his dad's toolbox to repair air conditioners; by 16 he had his own customers.
- He dropped out of Purdue University and was soon designing and manufacturing automotive parts.
- He is the author of two dozen patents pertaining to solar gear.
- Since the 1970s Solon has visited Disney World at least twice a year. His favorite movie is Beauty And The Beast.
- Shoals makes all its solar gear at four factories in Tennessee and Alabama; the company charges more than most competitors, but its products are seen as safer, more reliable and easier to install.
Financial assets
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