The other is Michael and Janet Krasny, whose net worth Forbes estimates at $1.4 billion. The Sarowitzes are one of two billionaire households living in Highland Park. She's also a board member at the Field Museum. His wife, Jessica Sarowitz, is managing partner at Sarowitz Family and the Julian Grace Foundation, according to her online bio. He has also written, funded and produced several documentary films, on Pakistani activist Malala Yousafzai, late Sears chief and philanthropist Julius Rosenwald, writer and civil rights activist Maya Angelou and the Baha'i faith. Sarowitz is also CEO of Blue Marble Global Payroll, a Skokie firm he founded in 2013 to do internationally what Paylocity does in this country. Sarowitz took the company public in 2014, scoring what Crain's tech reporter John Pletz wrote at the time was "the best opening day for a Chicago tech IPO" to date. He founded Paylocity in 1997 with the goal of hybridizing in-house payroll technology with the level of service and expertise that comes from outsourcing, according to his online bio. Sarowitz is chairman of Paylocity, a Schaumburg firm that reported revenue of more than $377.5 million in fiscal year 2018. Built in 1919, the house is on two-thirds of an acre on Roger Williams Avenue. The couple, who did not respond to a message left at their listed phone number, bought the 5,900-square-foot house for just under $1.8 million in June 2006, according to the Lake County recorder of deeds. He joins Ken Griffin, Sam Zell and others, many of whose homes Crain's has detailed previously. With an estimated net worth of $1.3 billion, Sarowitz ranks 18th among Chicago-area billionaires and is Illinois' only newcomer to Forbes magazine's annual list, which was published March 5. Written permission of the publisher.Steven Sarowitz, the leader of two cloud-based payroll firms who is the latest addition to the ranks of billionaires based in the Chicago area, lives in a Tudor-style home in Highland Park he's owned with his wife since 2006. Means, electronic, mechanical, photocopying, recording, or otherwise, without the prior No part of this publication may be reproduced,Īdapted, translated, stored in a retrieval system or transmitted in any form or by any © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved.All persons are hereby informed that all dwellingsĪdvertised are available on an equal opportunity basis. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for realĮstate that is in violation of the law.RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANYĭAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THISĪll real estate advertised herein is subject to the Federal Fair Housing Act and theĬolorado Fair Housing Act, which Acts make it illegal to make or publish anyĪdvertisement that indicates any preference, limitation, or discrimination based on race,Ĭolor, religion, sex, handicap, familial status, or national origin. MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD The information contained in this publication is subject to change without notice.
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