Rank #2934
Michael Krasny
Net worth $1.3B
Retail · United States
- Born
- Aug 08, 1953
- Age
- 72
- Source
- Retail
- Residence
- Highland Park, Illinois
- Citizenship
- United States
- Marital status
- Married
- Children
- 1
- Education
- Bachelor of Arts/Science, University of Illinois, Urbana-Champaign
Net worth over time
Biography
- Michael Krasny founded Computer Discount Warehouse (CDW) in 1984 as an online store for IT products.
- In 2007, he sold the company to Madison Dearborn Partners for $7.3 billion and has maintained a low profile ever since.
- Krasny is an active donor to Jewish causes and medical research through his Circle of Service Foundation.
- In March 2017, Krasny reportedly paid $4.35 million for a condominium on the 50th floor of Park Tower in Chicago.
- Krasny was a 28-year-old, unemployed college grad when he, after placing a $3 ad for his IBM personal computer on the paper, came up with the idea for CDW.