SOCIAL ENTREPRENEUR, PAUL POLAK, DIES AT 86

Oct 21, 2019

By Andy Johnson

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The former psychiatrist and real-estate speculator who, grew up in Ontario and turned to helping the poor make money by selling foot pumps, charcoal and clean water, has died.

Paul Polak advocated training the world’s poorest people to earn a living. He was the author of “The Business Solution to Poverty.”

Polak was born in what was then Czechoslovakia. In 1939, after fleeing the Nazis, the family settled in Millgrove with the help of a synagogue in nearby Hamilton.

He later attended medical school at Western University and did his psychiatric residency at the University of Colorado.

Although the nonprofit companies he created did accept donations, their purpose was to help poor people make money.

His target market was the 700 million people around the world surviving on less than $2.00 a day. He traveled all over the world seeking them out.

Paul Polak was 86.

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