Marius Nacht

About Marius Nacht

Birth Place: Tel Aviv, Israel, Israel
Type: Public
Traded as: NASDAQ: CHKP NASDAQ-100 Component
Industry: Security software Computer hardware
Founded: Ramat Gan, Israel (1993; 25 years ago (1993))
Founders: Gil Shwed Marius Nacht Shlomo Kramer
Headquarters: Tel Aviv, Israel and San Carlos, California, USA
Key people: Gil Shwed, (Founder & CEO)
Products: FireWall-1, VPN-1, UTM-1, Check Point Integrity, Intrusion prevention systems, Endpoint, security, Security appliances, Web Application Security
Revenue: US$ 1.741 billion (2016)
Operating income: US$ 852 million (2016)
Net income: US$ 725 million (2016)
Number of employees: 3,500 (2016)
Subsidiaries: ZoneAlarm, SofaWare, Easy2comply
Website: www.checkpoint.com

Marius Nacht Net Worth

Marius Nacht was born in Tel Aviv, Israel, Israel. The cofounder of cybersecurity firm Check Point Software Technologies, Marius Nacht wrote the original code for the software that made him and cofounder Gil Shwed billionaires. Nacht was appointed to the role of non-executive chairman of the board in September 2015 at the $1.5 billion (revenues) company. He had served as vice chairman since 2001. A veteran of Talpiot, an elite division of the Israeli army, he has degrees in physics and mathematics from the Hebrew University of Jerusalem and in electrical engineering and communication systems from Tel Aviv University. Nacht has invested in multiple early stage security startups including LightCyber, SafeDK, Cyber Secdo, Memeni and Rapid API. In November 2016, Nacht announced that he is raising $100 million for a fund to invest in Israeli healthcare startups.
Marius Nacht is a member of Technology

💰 Net worth: $1.58 Billion (Updated at 22 June 2018)

2011 $1 Billion
2012 $1.2 Billion
2013 $1 Billion
2014 $1.4 Billion
2015 $1.8 Billion
2016 $1.7 Billion
2017 $2.2 Billion
2018 $1.65 Billion

Some Marius Nacht images

Biography/Timeline

1993

Check Point was established in Ramat-Gan, Israel in 1993, by Gil Shwed (CEO as of 2016), Marius Nacht (Chairman as of 2016) and Shlomo Kramer (who left Check Point in 2003). Shwed had the initial idea for the company’s core Technology known as stateful inspection, which became the foundation for the company's first product, FireWall-1; soon afterwards they also developed one of the world’s first VPN products, VPN-1. Shwed developed the idea while serving in the Unit 8200 of the Israel Defense Forces, where he worked on securing Classified networks.

1994

In 1994 Check Point signed an OEM agreement with Sun Microsystems, followed by a distribution agreement with HP in 1995. The same year, the U.S. head office was established in Redwood City, California.

1996

By February 1996 the company was named worldwide firewall market leader by IDC, with a market share of 40 percent. In June 1996 Check Point raised $67 million from its initial public offering on NASDAQ.

1998

In 1998 Check Point established a partnership with Nokia, which bundled Check Point's Software with Nokia's computer Network Security Appliances.

1999

SofaWare Technologies was founded in 1999, as a cooperation between Check Point and SofaWare's founders, Adi Ruppin and Etay Bogner, with the purpose of extending Check Point from the enterprise market to the small Business, consumer and branch office market. SofaWare's co-founder Adi Ruppin said that his company wanted to make the Technology simple to use and affordable, and to lift the burden of security management from end users while adding some features. In 2001 SofaWare began selling firewall appliances under the SofaWare S-Box brand; in 2002 the company started selling the [email protected] and [email protected] line of security appliances, under the Check Point brand. By the fourth quarter of 2002 sales of SofaWare's [email protected] firewall/VPN appliances had increased greatly, and SofaWare held the #1 revenue position in the worldwide firewall/VPN sub-$490 appliance market, with a 38% revenue market share.

2002

Relations between Check Point and the SofaWare founders went sour after the company acquisition in 2002. In 2004 Etay Bogner, co-founder of SofaWare, sought court approval to file a shareholder derivative suit, claiming Check Point was not transferring funds to SofaWare as required for its use of SofaWare's products and Technology. His derivative suit was ultimately successful, and Check Point was ordered to pay SofaWare 13 million shekels for breach of contract. In 2006 the Tel Aviv District Court Judge ruled that Bogner SofaWare could sue Check Point by proxy for $5.1 million in alleged damage to SofaWare. Bogner claimed that Check Point, which owned 60% of Sofaware, had behaved belligerently, and withheld monies due for use of SofaWare Technology and products Check Point appealed the ruling, but lost.

2003

In 2003, a class action lawsuit was filed against Check Point over violation of the Securities Exchange Act by failing to disclose major financial information.

2005

In 2005, Check Point tried to acquire intrusion prevention system developers Sourcefire for $225 million, but later withdrew its offer after it became clear US authorities (specifically, the Committee on Foreign Investment in the United States ) would try to block the acquisition.

2009

In 2009 the Israeli Supreme Court ruled that a group of founders of SofaWare, which includes Bogner, had veto power over any decision of SofaWare. The court ruled that the three founders could exercise their veto power only as a group and by majority rule.

2011

In 2011 Check Point settled all litigation relating to SofaWare. As part of the settlement it acquired the SofaWare shares held by Bogner and Ruppin, and began a process of acquiring the remaining shares, resulting in SofaWare becoming a wholly owned subsidiary.

2016

As of 2016 the company has approximately 4,000 employees worldwide. Headquartered in Tel Aviv, Israel, the company has development centers in Israel, California (ZoneAlarm), Sweden (Former Protect Data development centre), and Belarus. The company has main offices in the United States, in San Carlos, California, in Dallas, Texas, and in Ottawa, Ontario (Canada).