Nochi Dankner’s profile picture

Nochi Dankner

Nochi Dankner’s profile picture
Net worth 2018: $1 Billion
Industry: Diversified
Country: Israel
BirthDay: 13 November 1954
BIOGRAPHY

Nochi Dankner was bornon 13 November 1954 in Israel. Major shareholder and chairman of publicly traded IDB Group, Israel's largest diversified business group with assets of more than $30 billion, including interests in in insurance, biotech and finance. Dankner founded the Ganden Group, which holds the controlling interest of IDB. Has served as director and vice chairman of Bank Hapoalim, one of Israel's largest banks.

NET WORTH STATISTIC
2011

$1 Billion

2018

$1 Billion

TIMELINE
2017

In 2017 he was convicted of Securities Fraud for a scheme to inflate his conpany's stock price in order to raise money when it was struggling financially

2016

Nochi Dankner was sentenced to a two years in prison, as well as 800000 NIS fine by Tel Aviv District Court judge Khaled Khabub on 6 December 2016

2012

Dankner tried to save the control of the company and hired Itay Strum, broker Adi Sheleg and some others to buy and sell IDB stock, causing inflation of prices during public offering in February 2012

2011

In 2011, Dankner sold the Israeli agrochemicals manufacturer Makhteshim Agan to China National Agrochemical Corporation, a subsidiary of China National Chemical Corporation (ChemChina)

1954

Nochi Dankner (Hebrew: נוחי דנקנר‎; born 13 November 1954) is an Israeli businessman

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