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Nochi Dankner

Nochi Dankner
Born (1954-11-13) November 13, 1954 (age 62)
Nationality Israeli
Known for Convicted in Securities Fraud
Net worth Bankrupt

Nochi Dankner (Hebrew: נוחי דנקנר‎‎; born 13 November 1954) is an Israeli businessman, convicted in Securities Fraud. He was the controlling shareholder of the IDB Group. Dankner is also the founder and chairman of the Ganden Group - which led him to personal bankruptcy of 400 Million NIS, and a board member of the Jewish Agency for Israel.

Nochi Dankner was born in Tel Aviv. He is the son of Zahava and Yitzhak Dankner, one of six brothers who founded Dankner Investments. After military service in the Israel Air Force, Dankner studied political science and law at Tel Aviv University, where he edited the law review. After graduation, he began to work as a trainee lawyer at Yigal Arnon & Co law firm, which he left after several years to establish Dankner-Lusky law firm with advocate Moshe Lusky.

Dankner founded Ganden Tourism and Aviation. It was the company which created Israir airline. It was later sold to IDB in controversial deal.

In 2011, Dankner sold the Israeli agrochemicals manufacturer Makhteshim Agan to China National Agrochemical Corporation, a subsidiary of China National Chemical Corporation (ChemChina). Prime Minister Benjamin Netanyahu described the deal as "a big achievement for the economy of Israel." That year he was ranked eleventh in Forbes Magazine’s list of wealthy Israelis.

Through an IDB Holdings Dankner controlled various companies such as Cellcom, Super-sol, Netvision, Hadera Paper and Nesher Cement. He also had subsecquent shares in Clal Insurance and Bank Hapoalim Total worth of companies, controlled by Nochi Dankner was about 400 billion NIS.


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