Morris Kahn: An Icon in Tech and Philanthropy
Israeli business magnate Morris Kahn has made a significant mark on the global tech industry. He is widely recognized as the founder of Amdocs, a major player in customer relationship management and billing software. Born on March 5, 1930, Kahn’s journey is a testament to innovation, perseverance, and generous philanthropy.
Key Takeaways:
- Morris Kahn, born in 1930, is the founder of Amdocs and the AUREC Group.
- He has successfully built and sold businesses, including Amdocs which was sold for $1 billion.
- Kahn’s current net worth is approximately $1 billion.
- Beyond his business ventures, Kahn is a prolific philanthropist, funding initiatives in cancer research and immunology.
Early Life and Personal Background
Kahn was married to Jacqueline Maloon until her unfortunate passing in 2011. He is the proud father of two sons, David Kahn and Benjamin Kahn, who have followed in his entrepreneurial footsteps.
Creating Empires: AUREC Group and Amdocs
Kahn’s vision led to the creation of the AUREC Group, a successful private equity firm. The firm’s investment portfolio includes prominent companies such as Golden Pages, a telephone directory founded in the 1960s, Amdocs, Atlantium, and the cable company Golden Channels.
Amdocs, in particular, is considered a significant global player in providing customer relationship management and billing software. With a presence in more than 90 countries and over 25,000 employees, Amdocs truly stands as a testament to Kahn’s business acumen. The Aurec Group successfully sold Amdocs for an impressive $1 billion, further bolstering Kahn’s stature in the business world.
Net Worth and Philanthropic Initiatives
As of today, Morris Kahn’s net worth is estimated to be around $1 billion. Despite his vast wealth, Kahn is known for his commitment to giving back to society. He established the Morris Kahn Initiative, which supports cancer research at the esteemed Tel Aviv University. He is also the founder of the Kahn Institute for Human Immunology, marking another significant contribution to the field of medical research.
Sources
Morris Kahn – Wikipedia
Morris Kahn (forbes.com)
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