Omar Amanat
| Omar Amanat | |
|---|---|
| Residence | Short Hills, New Jersey |
| Nationality | American |
| Education | Montville High School, class of 1990 |
| Occupation | Entrepreneur |
| Home town |
Queens, New York New Jersey |
Omar Sharif Amanat is an American entrepreneur, an investor in media, finance and technology companies, and the chairman of the Aman Resorts Group.
Amanat worked at startup online trading firm Datek Online, which was acquired by Ameritrade for $1.3 billion in 2002. Afterward, he moved to Texas and partnered with Philip Berber on a prototype online trading system called Cyber-Block, which was acquired by Charles Schwab for $488 million in 2000, before moving to New York to start Tradescape, of which he was the chief executive. In 2002, E*Trade acquired Tradescape for $276 million.
Amanat is a shareholder of The Twilight Saga studio Summit Entertainment, via a 20% ownership stake in Peak Group Holdings. Brent Lang of The Wrap called him "the most powerful person in Hollywood you've never heard of". Summit was acquired by Hunger Games studio Lions Gate for $912.5 million and Peak became one of its largest shareholders.
He was the executive producer of the 2007 drama The Visitor and the 2008 comedy drama Smart People.
Amanat is the founder and Chairman of Peak Hotels & Resorts Limited and Aman Resorts Group Limited (ARGL) a joint venture between Amanat and Aman founder Adrian Zecha, which purchased luxury hotel and resort chain Aman Resorts from DLF for $360 million on February 10, 2014. In March 2016, the chapter 11 involuntary bankruptcy filing against Aman Resorts Group Ltd. was dismissed by a judge of the United States Bankruptcy Court for the Southern District of New York.
In July 2014 Amanat filed suit in the High Court of London against Vladislav Doronin, the owner of Aman Resorts, claiming Doronin committed breaches of a shareholders’ agreement and forced the unlawful ouster of Amanresorts founder Adrian Zecha as CEO of Amanresorts. Amanat claimed the decision to remove Zecha as CEO did not have board approval and brought a case to the High Court in London, which on 14 July reinstated Zecha as CEO. The judge's decision, which was reviewed by The Wall Street Journal, was a victory for Omar Amanat. Two days later Doronin filed a counter-lawsuit in New York where Doronin lost the case when the New York judge ruled that the lawsuit must be decided in England In July 2014, London’s High Court permitted a board decision to stand which replaced Zecha with Olivier Jolivet as CEO. In March 2016 it was reported that "Vladislav Doronin has scored victories in London and New York in a long-running dispute" with Amanat.
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