Mori Arkin’s profile picture

Mori Arkin

Mori Arkin’s profile picture
Net worth 2018: $1.47 Billion
Industry: Healthcare
Residence: Herzliya Pituach, Israel
Country: Israel
BirthDay: 1952
Children: 3
Education: Bachelor of Arts / Science, Tel Aviv University
BIOGRAPHY

Mori Arkin was bornon 1952 in Herzliya Pituach, Israel, Israel. Mori Arkin is #1574 in List Billionaires People In The World. Mori Arkin got his start in business in 1972 helping his father run a small Israeli pharmaceutical distribution company. As big drug companies began creating their own distribution arms, Arkin and his father moved into generics manufacturing, renaming the firm Agis Industries. They ran it under that name for two decades and then sold it to American pharmaceutical company Perrigo for $818 million in cash and stock in 2004. Arkin still has a tiny stake (less than 1%) in Perrigo, and he's still bullish on the healthcare sector. He's invested in Israeli hedge fund Sphera Global Healthcare and sits on its investment committee, and he's also poured more than $100 million into 20 pharmaceutical and medical device companies, mostly based in Israel. He's also invested in real estate. Arkin's two sons are involved in the family business; his daughter is serving in the Israel Defense Forces. Arkin is an art history buff and enjoys composing music as a hobby. He and his wife, a sculptor, support art students with scholarships to an art center in Herziliya.

NET WORTH STATISTIC
2013

$1.05 Billion

2014

$1.2 Billion

2015

$1.3 Billion

2016

$1.3 Billion

2017

$1.3 Billion

2018

$1.47 Billion

TIMELINE
Moshe "Mori" Arkin (born 1952/53) is an Israeli billionaire businessman, the founder and chairman of Arkin Holdings, a pharmaceutical company.Mori Arkin is the son of Ziama Arkin, who died in 1972, when Mori was 19. Arkin has a degree in psychology and philosophy from Tel Aviv University.In 1961, his father Ziama Arkin founded Agis Industries, an Israeli pharmaceutical importer. Agis grew into a generic pharmaceutical manufacturer, and in 2005, Mori Arkin sold Agis to Perrigo for $390 million.Arkin is the founder and chairman of Arkin Holdings, a pharmaceutical company. He is the co-founder and chairman of the Accelmed Fund.Arkin is married with three children, and lives in Herzliya Pituah, Israel.
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