#387 Billionaire
Michael Dorrell
$8.5B
US
· Age 52
Source of wealth: Investing
Industry: finance-investments
Residence: New York
{
"bio": [
"Michael Dorrell is the cofounder and CEO of Stonepeak, an infrastructure investment firm with $72 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."
],
"about": []
}
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