Age, Biography and Wiki

Michael Smolyansky was born on 4 May, 1947 in United States, is an American businessman. Discover Michael Smolyansky's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 55 years old?

Popular As N/A
Occupation N/A
Age 55 years old
Zodiac Sign Taurus
Born 4 May 1947
Birthday 4 May
Birthplace N/A
Date of death 9 June, 2002
Died Place N/A
Nationality United States

We recommend you to check the complete list of Famous People born on 4 May. He is a member of famous businessman with the age 55 years old group.

Michael Smolyansky Height, Weight & Measurements

At 55 years old, Michael Smolyansky height not available right now. We will update Michael Smolyansky's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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Michael Smolyansky Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Michael Smolyansky worth at the age of 55 years old? Michael Smolyansky’s income source is mostly from being a successful businessman. He is from United States. We have estimated Michael Smolyansky's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

1947

Michael Smolyansky (May 4, 1947 – June 9, 2002) was an American businessman.

He was the chairman, president and CEO of Lifeway Foods, Inc., a dairy company based in Morton Grove, Illinois.

1971

In 1971, Michael Smolyansky graduated with an MS mechanical engineering degree from the Kyiv Institute of Technology.

In Kyiv Smolyansky worked as an engineer in dairy and food-processing plants.

1976

Smolyansky family emigrated from Kyiv to Chicago in 1976 as part of President Richard Nixon's Grain for Immigrants program.

When he arrived, neither he nor his wife spoke any English; he paid for English classes while his wife learned from television.

Smolyansky found a job as an engineer's draftsman.

His wife opened a Russian delicatessen near their home in Rogers Park.

From 1976 to 1985, Smolyansky worked for EJ Littell Machine Company as a project engineer and as the department manager with responsibility for the design of material handling equipment.

1984

Smolyansky's wife suggested the idea of him founding a business making kefir, whilst they were visiting Germany in Winter 1984.

Kefir was available in Cologne supermarkets, but not Chicago.

1985

Smolyansky rented a small factory on the east side of Skokie in 1985, where he set up a production line; he invested about $50,000 of family savings in the business.

1986

He founded the company in 1986.

Michael Smolyansky was Ukrainian Jewish, originally from Kyiv, then in the Soviet Union.

His wife was Ludmila ("Lucy"); he had two children Julie and Edward.

Smolyansky founded Lifeway Foods Inc, which commenced operations in February 1986, and was incorporated under the laws of the State of Illinois on 19 May 1986.

Smolyansky was chief executive officer, Chief Financial Officer, President, Treasurer and a director of the company.

The business focused on selling kefir to the Russian ethnic population, through delicatessens and health food shops.

Sales reached $300,000 by the end of 1986.

1988

The company went public on NASDAQ in 1988.

1992

Smolyansky visited Kyiv in February 1992 for the first time since 1976, in an effort to form a joint venture to produce and sell kefir in Ukraine.

2002

Julie and Edward became CEO and CFO of Lifeway Foods in 2002.

Smolyansky died of a heart attack at the age of 55, on 9 June 2002.

When he died, Lifeway had grown into a $12 million business.