BillionaireNet
Arkin
M
Rank #2505
ISRAELHealthcarePharmaceuticals

Mori Arkin

Net Worth
$1.456B
+0.12% (24h)
Moshe "Mori" Arkin is an Israeli billionaire businessman, primarily known for his achievements in the pharmaceutical industry. Born in 1952/53, Arkin holds a degree in psychology and philosophy from Tel Aviv University. He is the founder and chairman of Arkin Holdings, a pharmaceutical company, and also co-founded the Accelmed Fund. Arkin's career includes a pivotal role in transforming Agis Industries into a leading generic pharmaceutical manufacturer. He later sold Agis to Perrigo for $390 million in 2005, and subsequently, invested in various medical startups. His current net worth is estimated at $1.5 billion, ranking him among the world's top billionaires. He is married with three children, and resides in Herzliya Pituah, Israel.

The Full Dossier

Early Life

Moshe "Mori" Arkin was born in Ramat Gan, Israel, in 1952 or 1953. His parents, Ziama and Luba Arkin, were immigrants from Russia who established a pharmacy in Tel Aviv. Arkin earned a degree in psychology and philosophy from Tel Aviv University. His military service included the Yom Kippur War.

Rise to Success

In 1972, Arkin inherited Agis Industries from his father, Ziama Arkin, transforming it into a significant generic pharmaceutical manufacturer. In 2005, Arkin sold Agis to Perrigo for $390 million. Arkin then established Arkin Holdings, a pharmaceutical company, and co-founded the Accelmed Fund.

Key Business Strategies

Arkin's key strategies include transforming Agis into a successful generic pharmaceutical manufacturer, selling Agis to Perrigo, and investing in Israeli medical startups. He has been involved in various ventures within the healthcare and investment sectors, demonstrating leadership in the business world. In 2007, he formed the Sphera Global Healthcare Fund.

Philanthropy

Mori Arkin is involved in social and cultural philanthropic ventures in Israel through the Arkin Family Foundation, established with his wife Doris. The foundation supports education, arts, culture, welfare, healthcare, civil rights, and Jewish-Arab coexistence. They also founded the Ziama Arkin Parent and Infant Relations (PAIR) Institute at Reichman University.

Career Timeline

2024

Appointed to Lutris Pharma's Board

Appointed to Lutris Pharma's Board of Directors

2018

Oversaw Sol-Gel Technologies IPO

Oversaw a public offering on Nasdaq of Sol-Gel Technologies, a dermatology company.

2012

Joined Billionaires' Club

Mori Arkin joined the billionaires' club.

2011

Established Arkin Family Foundation

Established the Arkin Family Foundation with his wife, Doris.

2007

Co-founded Sphera Global Healthcare Fund

Formed the Sphera Global Healthcare Fund.

2005

Founded Arkin Holdings

Founded Arkin Holdings, a pharmaceutical company.

2005

Sold Agis to Perrigo

Mori Arkin sold Agis to Perrigo for $390 million.

1972

Took over Agis Industries

Mori Arkin took over Agis Industries from his father, transforming it into a major generic pharmaceutical manufacturer.

Philanthropic Impact

Education, Arts & Culture, Welfare, Healthcare, Civil Rights, and Jewish-Arab CoexistenceUndisclosed

Arkin Family Foundation

Supports organizations and projects in education, arts and culture, welfare, healthcare, civil rights, and Jewish-Arab coexistence.

EducationUndisclosed

Ziama Arkin Parent and Infant Relations (PAIR) Institute

Founded at Reichman University to study parent-infant relationships.

Wealth Trajectory