BillionaireNet
Kahn
Morris Kahn
Rank #3012
ISRAELTechnologySoftware

Morris Kahn

Net Worth
$1.08B
0% (24h)
Morris Kahn, born in 1930, is a South African-born Israeli entrepreneur, investor, and philanthropist, with an estimated net worth of $1.1 billion. His wealth stems from his ventures in the software and technology sectors. Kahn is best known for co-founding Amdocs, a major player in customer relationship management and billing software for telecommunications companies. He has also been involved in founding and investing in various other companies. Throughout his career, Kahn has demonstrated a strong commitment to philanthropy, supporting various initiatives related to biomedical research, education, and environmental conservation. His career highlights the development of Israel's tech industry and his dedication to giving back to society.

The Full Dossier

Early Life

Morris Kahn was born in Benoni, South Africa, in 1930, to Jewish immigrant parents from Lithuania. He immigrated to Israel in 1956 at the age of 26, influenced by his Zionist ideals. His early ventures in Israel included a bicycle factory, a leather gloves factory, and a cattle breeding operation. He was an active member of the Zionist youth group, Habonim.

Rise to Success

Kahn's significant breakthrough came in 1968 when he founded Golden Pages (Yellow Pages) in Israel. He co-founded Amdocs in 1982, a software firm, which became a key player in the telecommunications sector. Kahn sold his shares in Amdocs for approximately $1 billion in 1998. He also co-founded the Aurec Group, which facilitated the introduction of cable television and international communications services in Israel.

Key Business Strategies

His business strategy was marked by an ability to identify and capitalize on emerging technologies. He focused on creating innovative solutions for the telecom industry and played a role in bringing international companies like AT&T and AIG into the Israeli market. His investments in Aurum Ventures, and clean-tech companies, showcase his focus on the future.

Philanthropy

In recent years, Kahn has dedicated himself to philanthropy. His initiatives include supporting biomedical research, cancer research, educational programs, and environmental conservation. He has invested significantly in cutting-edge cancer research and the Morris Kahn & Maccabi Health Data Science Institute. He supports various organizations dedicated to improving the lives of others, including Save a Child's Heart and SpaceIL.

Career Timeline

2024

Honorary Doctorate

Awarded an honorary doctorate by the University of Haifa.

2023

Honorary Doctorate

Awarded an honorary doctorate by Tel Aviv University.

2019

SpaceIL Mission

Served as the president and primary donor for SpaceIL, which attempted the first Israeli spacecraft to the moon.

1999

Founded Zalul

Founded Zalul, a non-profit foundation which cleans bodies of water in Israel.

1998

Sold Amdocs shares

Sold his shares for approximately $1 billion.

1982

Co-founded Amdocs

Billing and customer management software firm.

1978

Co-founded Aurec Group

Investment in cable and telecom sectors.

1974

Initiated Eilat Underwater Observatory

Founded the world's first underwater observatory.

1968

Founded Golden Pages (Yellow Pages) in Israel

Established a successful telephone directory service.

Philanthropic Impact

Medical Research$50M

Cancer Research

Major backer of biomedical research, including cancer stem cell research

HealthcareNot specified

Save a Child's Heart

Supports this organization that provides life-saving cardiac surgery for children from developing countries.

Science & EducationNot specified

SpaceIL

Main donor and president of SpaceIL, an NGO that piloted the first Israeli spacecraft mission to the moon.

Environmental ProtectionNot specified

Zalul

Founded Zalul, an environmental NGO dedicated to protecting the seas and rivers of Israel.

Medical ResearchNot specified

Morris Kahn & Maccabi Health Data Science Institute

Collaboration to enhance human health by providing a technological platform that will support medical breakthroughs in the fields of predictive analysis and precision medicine.

Women Empowerment$1M

Genesis Prize Foundation

Gifted $1 million to the Genesis Prize Foundation in honor of Justice Ruth Bader Ginsburg

Wealth Trajectory