Billionaire Profile
Michael Dorrell
Global Rank
#399

Image: Public domain | via Wikimedia Commons

Michael Dorrell

CEO, Stonepeak
US
Real-Time Net Worth
$8.5B
As of December 2025
Age
52
Source
Investing
Industry
finance-investments
Citizenship
US

Biography

Michael Dorrell is an Australian-born, self-made billionaire and the co-founder and CEO of Stonepeak, a prominent infrastructure investment firm. With an estimated net worth of $8.5 billion as of December 5, 2024, Dorrell's wealth stems from his expertise in investing. His career includes significant roles at Macquarie and Blackstone before co-founding Stonepeak in 2011. Dorrell's strategic leadership has propelled Stonepeak to manage substantial assets across diverse infrastructure sectors. He is recognized for his experience in infrastructure investing.

Wealth Over Time

In-Depth Profile

Early Life and Education

Michael Dorrell was born in August 1973 in Australia. He grew up in Griffith, New South Wales, a farming town. He earned a Bachelor of Laws and a Bachelor of Commerce degree from the University of New South Wales in Sydney.

Rise to Success

Dorrell's career began at Macquarie, where he spent a decade, first in Australia and later in New York, holding increasing responsibilities. He then moved to Blackstone as a Senior Managing Director in Private Equity before co-founding Stonepeak in 2011. Dorrell's strategic vision led to the growth of Stonepeak into a significant infrastructure investment firm. Today, he directs Stonepeak's strategy and investment decisions.

Key Business Strategies

Dorrell's key business strategy has been focusing on infrastructure investments, which he has successfully navigated through various economic cycles. Stonepeak invests in logistics, energy, and digital infrastructure businesses. The firm manages $76 billion in assets under management (as of December 5, 2025) and has never lost money on an investment, which is a testament to Dorrell's strategic approach.

Philanthropy

While specific philanthropy amounts are not readily available in the search results, Dorrell has made high-profile real estate acquisitions, including a $150 million purchase of Tarpon Island in Palm Beach, Florida.

Career Milestones

1998

Joined Macquarie

Began career in Macquarie's mergers and acquisitions group.

2001

Moved to US with Macquarie

Relocated to the US to focus on infrastructure investing.

2008

Joined Blackstone

Became Senior Managing Director in Private Equity.

2011

Co-founded Stonepeak

Co-founded Stonepeak Infrastructure Partners and became its CEO.