Neil Kadisha
| Neil Kadisha | |
|---|---|
| Born | 1955 Tehran, Iran |
| Residence | Beverly Hills, California, U.S. |
| Nationality | American |
| Alma mater | University of Manchester |
| Occupation | CEO of Omninet Capital |
| Net worth |
 US $1.76 billion (2015) |
| Spouse(s) | Dora Nazarian |
| Children | Dina Kadisha Aspen Leora Kadisha Liana Kadisha |
| Family |
Izak P. Nazarian (father-in-law) Sam Nazarian Ben Nazarian |
Neil Kadisha is an American businessman, investor and philanthropist. Kadisha is a member of the wealthy and prominent Jewish Nazarian family.
After school, Kadisha purchased a major share in Stadco (founded 1941), a high precision aerospace tooling and aircraft component manufacturer, where he has served as the company's president and chief executive officer since the late 1980s. In 1996, Stadco bought HPM Corporation of Mount Gilead, Ohio, a 120-year-old company that makes injection molding presses, extrusion systems and die-casting machines; and in 1997, Stadco purchased German injection press maker, Hemscheidt Maschinentechnik Schwerin GmbH & Co.
In 1984, along with his father-in-law, Izak Parviz Nazarian and uncle-in-law Younes Nazarian Kadisha co-founded the satellite communications company Omninet Corp, and tasked the newly founded company Qualcomm to develop a two-way mobile digital satellite communications system for the trucking industry called OmniTRACS. Kadisha served as Chief Executive Officer. Omninet subsequently joined forces with Qualcomm in 1988. Kadisha served on the board of directors of Qualcomm for 14 years, from 1988 to 2002.
Kadisha co-founded Omninet Capital, LLC and is currently a Managing Partner. Over the last 20 years, Omninet, a diversified investment firm with focuses in the fields of wireless communication, private equity and real estate, has developed projects in Los Angeles, San Diego, Phoenix, and Las Vegas. Most recently, he completed construction of a $350 million 45 floor high-rise luxury condominium, named Sky Las Vegas on Las Vegas Boulevard.
In 2001, Kadisha ranked #374 on the Forbes 400 Richest in America list. His net worth was listed around $700 million. In 2007, Kadisha was estimated to be worth $910 million. According to several reports published in 2008, Kadisha has been noted to have a net worth close to $1.0 billion. In May 19, 2008's edition of Los Angeles Business Journal, Neil Kadisha ranked #43 of Los Angeles's wealthiest residents.
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Wikipedia