Name
Shaul Shani
Primary Residence
Petah Tikva, Israel
Citizenship
Israel
Source Of Wealth
telecom, Self Made
Net Worth
$3,500,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
617
Forbes List Rank One: Title
#617 Billionaires 2019
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Summary
Israeli investor Shaul Shani sold his Brazilian firm Global Village Telecom to Vivendi for $4.5 billion in 2009; his take was $1.4 billion.He has since increased his fortune via mezzanine lending and investments in emerging economies. Starting in the 1980s, he cofounded three companies; two of them, Oshap Technologies and Tecnomatix, were acquired for $210 million and $228 million.In January 2014, Shani assumed $200 million in liabilities to control 100% of Israeli communications equipment maker ECI Telecom.
Age
64
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