Name
Michael Krasny
Michael Krasny
Highland Park, Illinois
Bachelor of Arts/Science, University of Illinois, Urbana-Champaign
United States
Sawdust Investment Management Corp.
retail, Self Made
$1,400,000,000
1605
#1605 Billionaires 2019
#375 Forbes 400 2011
Michael Krasny founded Computer Discount Warehouse (CDW) in 1984 as an online store for IT products.In 2007, his company was bought out by Madison Dearborn Partners for $7.3 billion and he 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.
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