Age, Biography and Wiki
Birth Year | 1930 |
Birth Place | Beit Yanay, Israel, Israel |
Age | 93 YEARS OLD |
Residence | Beit Yanai, Israel |
Education | Benoni High School |
Occupation | Businessman |
Known for | Founder and chairman of Aurec Group |
Spouse(s) | Jackie Maloon (died 2011) |
Children | 2 |
Net worth: $1 Billion (2024)
Morris Kahn, renowned as a technology icon in Israel, is projected to have a staggering net worth of $1 billion by 2024. With a long-standing passion for innovation and entrepreneurship, Kahn has made remarkable contributions to the advancement of technology in his country. As a successful entrepreneur, he has been involved in numerous ventures that have propelled Israel's tech industry to new heights. With his wealth of experience and keen business acumen, Khan has amassed significant wealth, solidifying his status as one of Israel's most prominent figures in the tech world.
Biography/Timeline
Morris Kahn was born in March 1930 in Benoni, South Africa, the eldest child of Philip and Beattie Kahn. He was an active member of the Zionist youth group, Habonim.
His first major success began with the establishment of the Golden Pages in Israel in 1968, which led to the co-founding of Amdocs in 1982, together with Shmuel and Tzvi Meitar. Amdocs provides customer relationship management and billing software for big telecommunications firms. The company, which is traded on NASDAQ (revenue in fiscal 2015: $3.6 billion) currently serves more than 300 clients in more than 90 countries, and has about 26,000 employees.
In 1978 Kahn and Shmuel Meitar founded the Aurec Group, an Israeli-based private equity firm which started with Investments in the cable and Telecom sectors. This led to the installation of a fiber optic cable from Israel to Italy, which connected Israel to the rest of the world.
Aurec also owns Golden Channels, Israel's first cable company, founded in 1989 and Golden Lines, Israel's first international communications company, founded in 1996.
In 1997 the Aurec Group acquired 50% of Netcom, the launch of AIG Golden Insurance and Alpha Visa-Card.
Kahn founded Zalul in 1999, a non-profit foundation which cleans bodies of water in Israel.
In 2014, he received a Lifetime Achievement Award from Telfed (the South African Zionist Federation, Israel).
Founded by Morris Kahn, SpaceIL is the first to sign a launch agreement for a private moon mission on the SpaceX Falcon 9 Launcher. SpaceIL hopes to land an Israeli spacecraft on the moon later in the year 2017.
The Morris Kahn Initiative is a $4 million program to help develop pioneering cancer research at Tel Aviv University. The initiative’s aim is to develop 3D cancer modeling of live cancer tumors.