Haim Saban (Entrepreneur) – Overview, Biography

Name:Haim Saban
Occupation: Entrepreneur
Gender:Male
Birth Day: October 15,
1944
Age: 76
Birth Place: Alexandria,
Egypt
Zodiac Sign:Libra

Haim Saban

Haim Saban was born on October 15, 1944 in Alexandria, Egypt (76 years old). Haim Saban is an Entrepreneur, zodiac sign: Libra. Nationality: Egypt. Approx. Net Worth: $3.4 Billion. With the net worth of $3.4 Billion, Haim Saban is the #462 richest person on earth all the time in our database.

Trivia

He spearheaded the sale of Fox Family Network (to later become ABC Family) with Rupert Murdoch to the Walt Disney Company in 2001, which became the largest cash transaction conducted by a single individual in Hollywood history. 

Net Worth 2020

$3.4 Billion
Find out more about Haim Saban net worth here.

Physique

HeightWeightHair ColourEye ColourBlood TypeTattoo(s)
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Before Fame

He began his career as the manager and bass player for The Lions of Judah in 1966. By the 1970s he’d moved to France and begun his own record company with Shuki Levy

Biography

Biography Timeline

1956

Saban was born in Alexandria, Egypt, to an Egyptian-Jewish family. In 1956, the Saban family immigrated to Israel, along with most of the Egyptian Jewish community. Saban was sent to a Youth Aliyah boarding school. Expelled for being a troublemaker, he enrolled in a night high school where the principal told him: “You’re not cut out for academic studies; you’re cut out for making money.” He served as a soldier in the Israel Defense Forces.

1966

Saban started his career in 1966 as a bass player and manager with the rock band The Lions of Judah (Ha’arayot), which was named after the Lion of Judah in Jewish Scripture. In 1969, Dave Watts from the British band The Tornados joined The Lions. That year, the band traveled to England, performed in night clubs in London and was signed up by Polydor Records. In July 1969, the band appeared on the BBC TV programme Colour Me Pop. The Lions recorded a single, “Our Love’s A Growing Thing”, but it was not released in the UK due to financial difficulties. The band returned to Israel and Saban focused on being a music promoter.

1978

In 1978 and 1982, Saban used the pseudonym Kussa for music/lyrics writing credits on four records for which he also served as producer using his real name. Since then, he has frequently used the name Kussa Mahchi for his composing credits on Saban Entertainment productions, including the Mighty Morphin Power Rangers: The Movie theme song.

1988

In the United States, he became a television producer, founding Saban Entertainment in 1988. During that time, Haim Saban and partner Shuki Levy became known for soundtrack compositions for children’s television programs of the 1980s. Although Levy and Saban composed for their own properties (such as Kidd Video and Maple Town), they scored for other production companies as well (such as Inspector Gadget, The Mysterious Cities of Gold, M.A.S.K., Dinosaucers, Dragon Quest, He-Man and the Masters of the Universe, She-Ra: Princess of Power, and Jayce and the Wheeled Warriors). In 1998, The Hollywood Reporter reported that he did not actually compose all the music (totalling 3,700 works in 2008) he is credited for; ten composers threatened to sue and Saban settled out of court.

1996

In 1996, News Corporation’s Fox Children’s Productions and Haim Saban’s Saban Entertainment merged to form Fox Kids Worldwide. Also in that year, the joint venture purchased the C&D library from Jean Chalopin.

1997

With the growing shift in children’s television from over-the-air programming blocks to cable channels such as Cartoon Network and Nickelodeon, the two companies sought to launch a competitor that would carry programming from the popular Fox Kids lineup. Eying The Family Channel, News Corp. made an offer to purchase IFE through the joint venture in 1997.

2000

During the 2000 presidential election, Saban increased his rank to 5th among individual donors with a combined contribution of $1,250,500. Matthew Yglesias wrote that “Saban was the largest overall contributor to the Democratic National Committee during the 2001–2002 cycle.” Saban’s donations during that 2001–2002 period exceeded $10 million, the largest donation the DNC has received from a single source up to that time.

2001

On July 23, 2001, Saban announced that he and News Corporation would sell Fox Family Worldwide Inc for $5.3 billion to The Walt Disney Company. and on October 24, 2001, the sale was completed and the network was renamed ABC Family. Saban profited about $1.6 billion from this sale.

2002

In 2002 Saban provided an initial grant of 13 million USD and a pledge of additional funds to create the Saban Center for Middle East Policy, a foreign policy think tank based in Washington, D.C.. The Saban Center is part of the larger Brookings Institution think tank. The Saban Center aims to provide policy makers in government with information and analysis regarding America’s foreign policy in the Middle East. Saban recruited Martin Indyk to direct the center.

2003

In August 2003, Saban led a consortium, which acquired a controlling stake in the straggling ProSiebenSat.1 Media group from the Kirch Media Group, the then-bankrupt German media conglomerate.

2004

In September 2004, Hillary Clinton described Saban as a very good friend, supporter and adviser: “I am grateful for his commitment to Israel, to a just and lasting peace in the Middle East and to my foundation’s work, particularly on reconciliation issues.” In May 2007, Haim publicly declared his support for Clinton in 2008 presidential election. In June 2007, Saban and Steven Spielberg co-hosted a Hillary Clinton fundraiser at the house of Peter Chernin, the President of News Corporation. According to the Los Angeles Times, the fundraiser brought in over $850,000.

2005

In 2005, Saban spent $100,000 to oppose California’s 2005 Proposition 77 redistricting reform. Saban contributed $100,000 to pass California’s 2008 redistricting reform, Proposition 11, which created a Citizens Redistricting Commission to redraw California’s state political boundaries, but not U.S. Congressional districts. Saban contributed $2,000,000 to support Proposition 27, California’s proposed 2010 repeal of Proposition 11, the 2008 redistricting reform – the same reform that Haim Saban previously supported with a $100,000 contribution. He joined list of other well-connected, big-money donors to the Democratic Party in supporting Proposition 27.

2006

On June 27, 2006, Saban Capital Group led a group of investors bidding for Univision Communications, the largest Spanish-language media company in the United States. Other investors in the Saban-led group were Texas Pacific Group of Fort Worth, Texas and Thomas H. Lee Partners. The group was successful in acquiring Univision with a bid valued at $13.7 billion (USD).

In 2006, Saban discussed his views on the Middle East and Persian Gulf region in an interview with Haaretz. Commenting on Iran, he said: “When I see Ahmadinejad, I see Hitler. They speak the same language. His motivation is also clear: the return of the Mahdi is a supreme goal. And for a religious person of deep self-persuasion, that supreme goal is worth the liquidation of five and a half million Jews. We cannot allow ourselves that. Nuclear weapons in the hands of a religious leadership that is convinced that the annihilation of Israel will bring about the emergence of a new Muslim caliphate? Israel cannot allow that. This is no game. It’s truly an existential danger.” If Obama strikes a “bad deal” with Iran that would put Israel at risk, “I would bomb the living daylights out of these sons of bitches,” Saban said at a meeting of the Israeli American Council.

2007

In March 2007, Saban Capital Group and the consortium sold its controlling interest in ProSiebenSat.1 to KKR and Permira, for 22.40 euros a share after originally paying 7.5 euros per share in 2003.

In 2007, Saban donated $14 million to complete the children’s hospital at Soroka Medical Center.

2008

In March 2008, Saban was among a group of major Jewish donors to sign a letter to Democratic Party house leader Nancy Pelosi advising her not to run in the Democratic presidential primaries. The donors were upset by Pelosi’s statement that the party ‘superdelegates’ should heed the will of the majority in selecting a candidate.” The donors, who were strong supporters of the DCCC, implied that Pelosi could lose their financial support in upcoming congressional elections.

In May 2008, it was reported that Haim Saban had offered $1 million to the Young Democrats of America and urged the endorsement of Hillary Clinton as the Democratic nominee for president.”

2016

Saban supported Hillary Clinton for President of the United States in the 2016 U.S. presidential election. Between June 2015 and June 2016, he and his wife donated US$7 million to Priorities USA, a pro-Clinton Super PAC. Meanwhile, Saban has called Republican candidate Donald Trump “a danger to America”.

2019

In 2019, Saban announced that he had formed the Saban Music Group backed by $500 million of his own capital. The company will focus on global artists, particular Latin American, tapping new artists and acquiring existing businesses.

2020

In 2020, Saban collaborated with UAE Ambassador to the United States, Yousef Al Otaiba, on a June 12 op-ed addressed to the Israeli public in an effort to halt Israel’s planned annexation of parts of the West Bank and create a unified front between the UAE and Israel against the opposing forces of Iran. Al Otaiba credited Saban with advising him where his op-ed should be placed, when it should be placed and that it needed to be translated in Hebrew. The efforts were purported to have helped pave the way to the August 2020 signing of the Abraham Accords, brokered by United States President, Donald Trump, and normalizing ties between Israel and UAE.

🎂 Upcoming Birthday

Currently, Haim Saban is 77 years, 7 months and 5 days old. Haim Saban will celebrate 78th birthday on a Saturday 15th of October 2022.

Find out about Haim Saban birthday activities in timeline view here.

Haim Saban trends

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