| Category | Details |
|---|---|
| Net Worth | $1.9 billion |
| Salary | N/A |
| Birthdate | 1955 |
| Birthplace | Tehran, Iran |
| Gender | Male |
| Height | N/A |
| Profession | Businessman, Investor |
| Nationality | Iranian American |
What is Neil Kadisha’s Net Worth?
Neil Kadisha, an Iranian American businessman and investor, has an estimated net worth of $1.9 billion. He has accumulated his wealth through various successful ventures and investments.
Highlights
- Co-founder of Omninet, an investor in Qualcomm
- Member of the wealthy Nazarian family through marriage
- Founder and former president and CEO of Stadco, an aerospace tooling and aircraft component manufacturer company
- Co-founder of GNC Industries Inc. and purchased Stadco outright
- Purchased HPM Corporation
- Co-founded satellite communications company Omninet Corp., which was sold to Qualcomm in 1988
- Founder of Omninet Capital, a company with significant real estate assets
- Involved in the development of projects such as the Sky Las Vegas high-rise luxury condominium
- Executive producer of the film “The Accidental Husband” in 2008
- Active member of numerous non-profit charitable organizations
Early Life
Neil Kadisha was born in Tehran, Iran in 1955. He completed his education at the University of Manchester
Career
Neil Kadisha began his entrepreneurial journey by purchasing a major stake in Stadco, a company specialized in aerospace tooling and aircraft components. He eventually became the company’s president and CEO. He also co-founded GNC Industries Inc. and later acquired Stadco outright. Additionally, he purchased HPM Corporation.
In 1984, Kadisha and his relatives co-founded Omninet Corp., a satellite communications company. The family later sold Omninet Corp. to Qualcomm in 1988 in exchange for stock in the San Diego-based telecom giant. Subsequently, Neil Kadisha and his family established Omninet Capital, overseeing a substantial portfolio of commercial real estate assets, including approximately 13,000 residential rental units and around 7 million square feet of commercial real estate.
Kadisha’s involvement extends beyond the business world. He has also ventured into film production, serving as an executive producer for “The Accidental Husband” in 2008.
Personal Life
Neil Kadisha has been recognized for his numerous philanthropic efforts and serves on the Board of Directors for various non-profit charitable organizations.
However, Kadisha’s personal life has not been without controversy. He was involved in a lawsuit where he was required to pay $100 million to a widowed family friend. The charges were related to unauthorized loans he allegedly took from a trust he managed. Kadisha claimed to have repaid the loans and even facilitated a 20% gain for the trust.
Net Worth Over Time
Neil Kadisha’s net worth has gone through fluctuations over time due to various business ventures and investments. As of the latest estimates, his net worth stands at $1.9 billion.
Components of Net Worth
Neil Kadisha’s net worth primarily comes from his ownership stakes in companies like Stadco, GNC Industries Inc., and HPM Corporation. Additionally, his shareholdings in Qualcomm, acquired through the sale of Omninet Corp., contribute to his wealth. Omninet Capital’s extensive real estate holdings are also a significant component of his net worth.
While the precise breakdown of his net worth is not publicly disclosed, it is evident that a diverse range of investments and business interests have contributed to Neil Kadisha’s impressive net worth of $1.9 billion.