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S. Daniel Abraham – Billionaire

Sim Daniel Abraham (born August 15, 1924) is an American businessman, investor, and philanthropist. He is the founder of Thompson Medical, whose main product is Slim-Fast, a diet program. He has endowed the S. Daniel Abraham Center for Middle East Peace, and he supports Jewish causes in Florida and Israel.

Early life

Abraham was born on August 15, 1924. He was raised to an Orthodox Jewish family in Long Beach, New York.

Career

Abraham founded Thompson Medical, which introduced the Slim-Fast line of diet products in the late 1970s. Abraham made Thompson Medical private in 1988; Unilever acquired Slim-Fast for $2.3 billion in 2000. As of October 2016, he had an estimated wealth of US$2.1 billion.

Abraham is the author of the book Peace is Possible, with a foreword by President Bill Clinton. Abraham also published his memoirs in 2010, entitled Everything is Possible: Life and Business Lessons from a Self-Made Billionaire and the Founder of Slim Fast.

Philanthropy

Abraham founded the Center for Middle East Peace in Washington, D.C. Through personal friendship with leaders in the United States, Israel, and throughout the Middle East, he has worked over the past two decades to help bring an end to the Arab/Israeli conflict. He is a major sponsor of the Washington-based United States Institute of Peace.

Abraham endowed an S. Daniel Abraham Chair in Middle East Policy Studies at Princeton University and a Chair in Nutritional Medicine at Harvard University Medical School. He funded the Dan Abraham School for Business Administration and Economics at Bar-Ilan University in Israel, and the S. Daniel Abraham Israel Program at Yeshiva University, and Honors Program at Stern College for Women. He holds honorary doctorates from the Ben-Gurion University of the Negev, Bar-Ilan University and Yeshiva University. He is also the founder of the New Synagogue of Palm Beach. His gift to the Mayo Clinic served to create the Dan Abraham Healthy Living Center, whose opening in 2007 received national media coverage.

The Stella K. Abraham High School for Girls was dedicated in honor of his mother.

Summary

S. Daniel Abraham
Born Sim Daniel Abraham
August 15, 1924 (age 92)
Long Beach, New York
Nationality United States
Occupation businessman, philanthropist
Known for founder of Slim-Fast
Net worth Increase $2.1 billion (October 2016)
Children 6

American businessman and entrepreneur S. Daniel Abraham has an estimated net worth of $2.1 billion as of April 2016 according to Forbes. S. Daniel Abraham earned a great deal of prominence in the 1970’s for introducing the diet product line, Slim-Fast. Aside from Slim Fast, he also works for S. Daniel Abraham Center for Middle East Peace as the Chairman. In addition to being a billionaire businessman, S. Daniel Abraham is also active in engaging into several philanthropic activities. He is known to offer generous offerings to Jewish causes and to campaign for several democratic candidates including Barack Obama‘s presidential campaign. In fact, he is dedicated to various social causes which include encouraging peace in the Middle East, increasing educational opportunities as well as to improve overall nutrition and healthcare.

Source:

  1. wikipedia
  2. .therichest

 

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