BillionaireNet
Shashua
Amnon Shashua
Rank #2162
ISRAELAutomotiveAutomotive technology

Amnon Shashua

Net Worth
$1.765B
0% (24h)
Amnon Shashua, a prominent figure in automotive technology and computer science, holds the position of Sachs Professor at the Hebrew University of Jerusalem. As the co-founder and CEO of Mobileye, his pioneering work in autonomous driving and driver-assistance systems has significantly impacted the automotive industry. Shashua's wealth source is primarily rooted in automotive technology, with an estimated net worth of $1.8 billion. His career is marked by numerous achievements, including founding OrCam Technologies and AI21 Labs, and receiving the Israel Prize for lifetime achievement, solidifying his place as a leading innovator.

The Full Dossier

Early Life

Amnon Shashua was born in Ramat Gan, Israel, on May 26, 1960. From a young age, he showed a keen interest in computers, a field still in its early stages. He attended the ORT school in Givatayim for computer engineering. Shashua received his B.Sc. in mathematics and computer science from Tel-Aviv University in 1985. He earned his M.Sc. in computer science in 1989 from the Weizmann Institute of Science. He later earned a Ph.D. in brain and cognitive sciences from the Massachusetts Institute of Technology (MIT) in 1993.

Rise to Success

Shashua's career took a pivotal turn in 1999 when he co-founded Mobileye, a company dedicated to developing systems-on-chip and computer vision algorithms for driving assistance systems and autonomous driving technology. The company quickly gained recognition and, in 2014, launched an IPO on the NYSE, becoming the largest Israeli IPO in U.S. history at the time. Mobileye was later acquired by Intel in 2017 for approximately $15.3 billion. In 2022, Mobileye went public again on the NASDAQ. Beyond Mobileye, Shashua co-founded OrCam Technologies in 2010, which develops AI-based assistive tools for the visually impaired. He also founded AI21 Labs in 2017, focusing on language models, and One Zero digital bank.

Key Business Strategies

Shashua's strategic vision has always been centered on innovation in AI and computer vision, using a single camera to enable safe and scalable driver assistance. This approach led Mobileye to partnerships with numerous automakers, integrating its technology into millions of vehicles. Shashua has also expanded his ventures into different sectors, with OrCam Technologies, leveraging AI to help those with visual impairments. Additionally, Shashua's establishment of a digital bank, One Zero, demonstrates his willingness to embrace new technologies and diversify his business interests.

Philanthropy

Shashua and his family are actively involved in philanthropy through the Shashua Family Foundation. Their charitable activities include support for small businesses through the WE-19 program, with a $35 million fund designed to support approximately 2,000 small businesses affected by the COVID-19 pandemic. They have also funded scholarships at Tel Aviv University (TAU).

Career Timeline

2023

Israel Prize

Awarded the Israel Prize for lifetime achievement.

2022

Moblieye IPO

Mobileye went public on the NASDAQ.

2020

Dan David Prize

Awarded the Dan David Prize for work in Artificial Intelligence.

2019

Founded One Zero

Launched One Zero, Israel's first fully digital bank.

2017

Co-founded AI21 Labs

Co-founded AI21 Labs, focusing on language models.

2017

Mobileye acquired by Intel

Intel acquired Mobileye.

2014

Mobileye IPO

Mobileye went public on the NYSE.

2010

Co-founded OrCam Technologies

Co-founded OrCam Technologies, developing AI-based assistive tools.

2007

Sachs Chair

Appointed Sachs Chair in computer science at the Hebrew University of Jerusalem.

1999

Co-founded Mobileye

Co-founded Mobileye, a company focused on developing driving assistance systems.

1993

Doctorate

Completed a Ph.D. in brain and cognitive sciences from the Massachusetts Institute of Technology (MIT).

1989

Master's Degree

Earned a master's degree in computer science from the Weizmann Institute of Science.

1985

Graduated

Received a B.Sc. in mathematics and computer science from Tel-Aviv University.

Philanthropic Impact

Economic Opportunity$35M

WE-19 Program

Fund to support small businesses affected by the COVID-19 pandemic.

Education$0.0

Scholarships at Tel Aviv University

Funding for scholarships at Tel Aviv University

Social Welfare$60M

Social Solidarity Foundation

Promoting economic opportunities and supporting underrepresented populations in Israel

Wealth Trajectory