Morris Kahn

About Morris Kahn

Birth Year: 1930
Birth Place: Beit Yanay, Israel, Israel
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

Morris Kahn Net Worth

Morris Kahn was bornon 1930 in Beit Yanay, Israel, Israel. Morris Kahn made his fortune as an original investor in Amdocs, a customer-relationship management-and-billing software firm for large telecom outfits. He sold nearly $1 billion worth of shares after Amdocs went public in 1998. Kahn now lives on the Israeli coast and spends most of his time on a 100-foot yacht. He is a cofounder of Coral World International, a string of aquariums in locations such as the Bahamas and Australia. His son Benjamin is a marine biologist and president of Coral World. Through his Aurum Ventures, Morris has invested in several emerging life science and tech companies, including Atlantium, which specializes in water disinfection, and N-Trig, which makes a touch screen for computers. He is also an active "venture philanthropist" with investments in digital learning platform Time to Learn and 3D printing company Nano Dimension. He also invests in Israeli youth program SpaceIL, which is designed to get kids interested in space exploration and has announced plans for a trip to the moon in 2017.
Morris Kahn is a member of Technology

💰 Net worth: $1 Billion (Updated at 22 June 2018)

2009 $1 Billion
2010 $1 Billion
2011 $1 Billion
2012 $1 Billion
2013 $1 Billion
2014 $1 Billion
2015 $1 Billion
2016 $1 Billion
2017 $1 Billion
2018 $1 Billion

Some Morris Kahn images

Biography/Timeline

1930

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.

1956

In 1956, Kahn moved from South Africa to Israel with his wife, Jacqueline Maloon, and their two sons, Benjamin and David.

1968

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.

1978

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.

1989

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.

1997

In 1997 the Aurec Group acquired 50% of Netcom, the launch of AIG Golden Insurance and Alpha Visa-Card.

1999

Kahn founded Zalul in 1999, a non-profit foundation which cleans bodies of water in Israel.

2011

Kahn has two sons, David and Benjamin, a marine Biologist, who was a Time Magazine hero for his work on the environment. He was married to his late wife, Jacqueline, until the time of her death in 2011. He lives in Beit Yanai, north of Tel Aviv.

2014

In 2014, he received a Lifetime Achievement Award from Telfed (the South African Zionist Federation, Israel).

2016

In October, 2016 Kahn received the Lifetime Achievement award from the Israel-USA Chamber of Commerce for his work promoting economic relations between Israel and the USA, with such Business partnerships as Amdocs and AIG-Israel.

2017

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.

2019

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.