Tomasz Domogała is 40 years old and has PLN 3.7 billion worth of assets. He created a giant from his father's company
More than half of the 40 youngest Polish millionaires work in family businesses – according to the “Wprost” report. “But basically only four of them can be called full heirs,” the weekly reports. Tomasz Domogała is one of them. The investment company he managed, TDJ, founded in 1977 by his father Jacek, came under his son's management in 2010.
After taking over the company, Domogała decided to radically rebuild the TDJ business model. From an activity focused mainly on mining, it moved to an enterprise investing in various types of assets, including the technology, real estate and energy transformation sectors.
This is not the first time Domogała has appeared in the rankings. In 2019, he took 16th place on the list of the 100 richest Poles of the weekly “Wprost”. Two years later, he was ranked 21st in the same ranking by Forbes magazine. In both cases, his fortune was estimated at approximately PLN 2 billion. Since then, however, it has increased significantly. According to this year's list of the “40 richest under 40”, a list of the youngest millionaires in Poland published by “Wprost”, Domogała's fortune is currently valued at PLN 3.7 billion.
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Tomasz Domogała was educated in Krakow, Great Britain and the USA
Born on May 31, 1985 in Katowice, the entrepreneur boasts an impressive education. He graduated from the Faculty of Mechanical Engineering and Robotics of the AGH University of Science and Technology in Kraków. He studied Mechanical and Manufacturing Engineering at Loughborough University in the UK. He is also a graduate of the prestigious MBA program at Stanford Graduate School of Business in the USA. According to Forbes, he was the youngest student there in his year.
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After taking over TDJ, Tomasz Domogała changed its structure
TDJ's portfolio currently includes listed companies, the mining machinery manufacturer Grenevia, previously known as Famur, and Zamet Industry, which specializes in large-scale steel structures, as well as smaller private companies, such as Miya Cosmetics, which produces cosmetics.
Domogała is also consistently reducing the company's involvement in the mining sector. In 2019, TDJ sold 10 percent. Famur shares for PLN 276 million, and soon afterwards invested in the furniture brand Głos, which uses augmented reality technology. Since 2017, Domogała has been involved in the development of technological startups through the TDJ Pitango Ventures fund.
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TDJ also invests in the energy and defense sectors. The acquisition of Elektromontaż Lublin, the second largest manufacturer of transformer stations in Poland, opened the door for the company to the renewable energy sources (RES) market. In turn, the PGO company, owned by TDJ, in cooperation with the Military Institute of Armament Technology, is working on the implementation of the first Polish artillery ammunition.
