Michael Krasny Net Worth

Net Worth: $1.24 Billion
  • Source of Wealth:

    Sawdust Investment Management Corp., Retail
  • Birth Place:

    Illinois, United States
  • Marital Status:

  • Full Name:

    Michael Krasny
  • Nationality:

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About Michael Krasny

American businessman Michael Krasny has an estimated net worth of $1.24 billion as of May 2016 according to Forbes. In addition to being the founder, Krasny is best recognized as the former CEO of CDW Corporation, a company that specializes on direct selling technical gadgets which include networking equipment and computers.

Of Jewish ancestry, Michael Krasny is an alumnus of the University of Illinois at Urbana–Champaign. After graduation, he started working as a Toyota car salesman in an auto dealership owned by his father.

Later on, he noticed the growing demand for computers. He started buying computer units then resold them, which led to the creation of MPK Computers. A year later, the firm's name was changed to Computer Discount Warehouse (CDW). It was in 1993 when the company went public. In 2006, CDW was sold to Madison Dearborn Partners for only $7.3 billion.

Currently based in Highland Park, Illinois, Michael Krasny is married with one child. Today, he serves as the President of Sawdust Investment Management Corp..

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