Rank #420
Michael Dorrell
Net worth $8.5B
Investing · United States
- Born
- Aug 14, 1973
- Age
- 52
- Source
- Investing
- Residence
- New York, New York
- Citizenship
- United States
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Michael Dorrell is the cofounder and CEO of Stonepeak, an infrastructure investment firm with $76 billion in assets under management.
- Stonepeak invests in logistics, energy and digital infrastructure businesses, from water desalination plants to gas pipelines and data center firms.
- Blue Owl Capital invested $2 billion for a minority stake in Stonepeak in 2023, valuing the firm at around $15 billion.
- Born and raised in Australia, Dorrell moved to New York in his mid-20s to help grow investment bank Macquarie's U.S. infrastructure business.
- Following a decade at Macquarie and a brief stint at Blackstone during the Great Recession, Dorrell started Stonepeak in 2011.