Shore Shani net worth
Shore Shani Net Worth: Shaul Shani is an Israeli entrepreneur with a net worth of $3 billion. One of the richest men in Israel today, Shani started his career in the tech industry in the 1980s as a co-founder of various companies including Oshap Technologies, Technomatix and Sapiens.
All three were listed on the Nasdaq before being sold to a strategic buyer. Later, Shani also became a major investor in Precise Software and DSP Group, among others. By the late 1990s, he had founded Global Village Telecom in Brazil, which went public in 2007 and sold to Vivendi two years later in 2009 for $4.5 billion. Meanwhile, Shaul Shani used his secret investment vehicle, Swarth Group, in 2007 to team up with Ashmore, a UK investment group with $71 billion in assets under management, to buy Israel’s ECI Telecom for $1.25 billion, delisting the company from the Nasdaq . Beyond that, Shani’s investment firm, Swarth, focuses not only on telecommunications, software, and cybersecurity, but also on financial investments involving capital markets, mezzanine lending, and algorithmic trading. In the process, he has amassed a multi-billion dollar fortune.
