⬅ # 795 William Conway Jr|# 797 Jerzy Starak ➡

# 796 Shaul Shani 

$4.32B

Real Time Net Worth
as of 11/18/2024
$1.1M (0.03%)

# 796 Shaul Shani 

$4.32B

Real Time Net Worth
as of 11/18/2024
$1.1M (0.03%)
OccupationFounder and Chair, Swarth Group
Source of WealthTelecom
Age69
ResidenceMilan, Italy
Age-Adjusted Net Worth$2.35B
Shaul Shani
Shaul Shani
Israel
Net worth: $4.32B

Self-Made Score 

Rado Captain Cook Automatic Diving Watch with Stainless Steel Strap

Wealth History

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Biography

Overview

Shaul Shani amassed his fortune primarily through investments in the technology and telecommunications sectors.
His notable achievement includes selling Brazilian firm Global Village Telecom to Vivendi for $4.5 billion in 2009, earning him $1.4 billion.
Shani further augmented his wealth through mezzanine lending and investments in emerging economies.
He's recognized for co-founding several companies, including Oshap Technologies and Tecnomatix, which were later acquired for significant sums.

Early Life

Born around 1955, Shaul Shani grew up in Kiryat Eliezer, Haifa.
His father was employed at the Port of Haifa.

Career

In the 1980s, Shani began his investing journey, eventually co-founding multiple companies.
He founded Oshap Technologies in 1982, which was listed on NASDAQ in 1985 and later sold for $210 million.
Additionally, he co-founded Sapiens International Corporation and Tecnomatix, both listed on NASDAQ and later sold.
In 1999, he founded Global Village Telecom, ultimately selling it to Vivendi for $4.5 billion in 2009, securing a profit of $1.5 billion.
Shani took control of ECI Telecom in 2014 through his ownership of Swarth Group and agreed to sell it to Ribbon Communications in 2019.
He assumed the role of chairman at Rashi, a major Israeli charity, in 2021.

Swarth Group

Shaul Shani is the founder and Chairman of Swarth Group, a global investment company focusing on various sectors including communication services, technology, IT, cyber, renewable energy, real estate, and financial markets.
Swarth Group, owned by Shani, acquired Israeli ECI Telecom for $1.24 billion in 2007.
Headquartered in Petah Tikva, Israel, Swarth Group specializes in telecom investments.
In 2008, it purchased a 16.44% share of GVT Holding, which owns GVT Holland, and owned 22.9% of Global Village Telecom.
In 2009, Swarth Group sold its holding in GVT to Vivendi at a 15.8% premium from the purchase price.

Shaul Shani's Wealth is Equivalent to:

3,322,556 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

816,651 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

44,111 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Shaul Shani?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Shaul Shani's net worth of $4.32B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Shaul Shani is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Shaul Shani, Telecom is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

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Edited by: Lee Bailey