Michael Dorrell

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Michael Dorrell is an Australian billionaire businessman, and the co-founder of American private equity firm Stonepeak.

Dorrell grew up in Griffith, NSW, Australia, a farming town 7 hours drive south-west of Sydney. [1] He earned a bachelor of laws and a bachelor of commerce degree, both from the University of New South Wales in Sydney. [2]

He co-founded Stonepeak with Trent Vichie. [3]

In April 2025, Forbes estimated Dorrell's net worth at US$8.5 billion. [4]

The Wall Street Journal reported that Dorrell bought Tarpon Island, the only private island in Palm Beach, Florida for $150 million. [5]

References

  1. "Mike Dorrell". Bloomberg LP. Retrieved 24 June 2025.
  2. "Our People | Stonepeak". stonepeak.com. Retrieved 23 June 2025.
  3. "How Stonepeak and GIP rode the $1.5 trillion infrastructure wave". Australian Financial Review. 25 March 2024. Retrieved 24 June 2025.
  4. Tucker, Hank. "How Michael Dorrell Became A Billionaire Making Private Infrastructure A Safe Haven". Forbes. Retrieved 23 June 2025.
  5. Hofheinz, Darrell. "Did Australian mogul pay $150M for Palm Beach private isle? Wall Street Journal says so". Palm Beach Daily News. Retrieved 23 June 2025.