Shaul Shani (Hebrew: שאול שני; born c. 1955) is an Israeli businessman in the technology industry, and the owner of Swarth Group.

Shaul Shani
שאול שני
Born1955 (1955) (age 69)
Kiryat Eliezer, Haifa, Israel
OccupationBusinessman
Known forOwner of Swarth Group

Early life

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Shaul Shani was born circa 1955.[1] He grew up in Kiryat Eliezer, Haifa. His father worked at the Port of Haifa.[2]

Career

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Shani started investing in the 1980s.[1] He founded Oshap Technologies in 1982.[1] It was listed on the NASDAQ three years later, in 1985.[1] By 1999, he sold it to SunGard for US$210 million.[1] He was also a co-founder of Sapiens International Corporation and Tecnomatix, two companies listed on the NASDAQ which he later sold.[1]

He founded Global Village Telecom, a Brazilian telecommunications company, in 1999.[1][3][4] Upon selling it to Vivendi for US$4.5 billion in 2009, he made a profit of US$1.5 billion.[1][3][4]

He is the owner of Swarth Group, which controls ECI Telecom.[3]

In May 2015, his net worth was estimated at US$3.0 billion.[1] As of February 2022, Forbes listed his net worth at $4.1 billion.[1]

As of January 2024, Forbes estimated Shani's net worth at US$4 billion, ranked 739th worldwide,[5] and 11th wealthiest in Israel.[6]

Personal life

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Shani resides in Italy.[1]

References

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  1. ^ a b c d e f g h i j k "Shaul Shani". Forbes. Retrieved 14 May 2015.
  2. ^ "הכירו את המיליארדר שאול שני, שעומד מאחורי היד הקשה שהופעלה נגד עובדי ECI". דבר העובדים בארץ ישראל (in Hebrew). Retrieved 28 July 2020.
  3. ^ a b c Secretive Israeli Billionaire Invested In Tech Before It Was Cool, Forbes, 2 June 2013
  4. ^ a b Shuki Sadeh, The Israeli who built a $9 billion empire in the jungles of Brazil, Haaretz, 1 November 2014
  5. ^ "Shaul Shani". Forbes. Retrieved 27 January 2024.
  6. ^ "Wealthiest People in Israel (January 22, 2024)". CEOWORLD magazine.