Nochi Dankner

About Nochi Dankner

Birth Day: November 13, 1954
Birth Place: Israel
Known for: Convicted in Securities Fraud

Nochi Dankner

Nochi Dankner was born on November 13, 1954 in Israel. Major shareholder and chairman of publicly traded IDB Group, Israel's largest diversified business group with assets of more than $30 billion, including interests in in insurance, biotech and finance. Dankner founded the Ganden Group, which holds the controlling interest of IDB. Has served as director and vice chairman of Bank Hapoalim, one of Israel's largest banks.
Nochi Dankner is a member of Diversified

Does Nochi Dankner Dead or Alive?

As per our current Database, Nochi Dankner is still alive (as per Wikipedia, Last update: May 10, 2020).

🎂 Nochi Dankner - Age, Bio, Faces and Birthday

Currently, Nochi Dankner is 69 years, 5 months and 6 days old. Nochi Dankner will celebrate 70rd birthday on a Wednesday 13th of November 2024. Below we countdown to Nochi Dankner upcoming birthday.

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Popular As Nochi Dankner
Occupation Diversified
Age 69 years old
Zodiac Sign Sagittarius
Born November 13, 1954 (Israel)
Birthday November 13
Town/City Israel
Nationality Israel

🌙 Zodiac

Nochi Dankner’s zodiac sign is Sagittarius. According to astrologers, Sagittarius is curious and energetic, it is one of the biggest travelers among all zodiac signs. Their open mind and philosophical view motivates them to wander around the world in search of the meaning of life. Sagittarius is extrovert, optimistic and enthusiastic, and likes changes. Sagittarius-born are able to transform their thoughts into concrete actions and they will do anything to achieve their goals.

🌙 Chinese Zodiac Signs

Nochi Dankner was born in the Year of the Horse. Those born under the Chinese Zodiac sign of the Horse love to roam free. They’re energetic, self-reliant, money-wise, and they enjoy traveling, love and intimacy. They’re great at seducing, sharp-witted, impatient and sometimes seen as a drifter. Compatible with Dog or Tiger.

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Biography/Timeline

2011

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.

2012

After some bad Business deals made by Dankner, including investment in failed Las Vegas hotel and residential project, collapsed Maariv newspaper deal, IDB, which was a public company at the time sustained millions of dollars losses. Dankner tried to save the control of the company and hired Itay Strum, broker Adi Sheleg and some others to buy and sell IDB stock, causing inflation of prices during public offering in February 2012. The intention was to raise capital for the company. Itay Sturm received eight million shekels from Nochi Dankner in order to buy and sell. Strum and his colleagues bought stock at higher prices, while they knew it was worth much less in order to manipulate traders to buy IDB stock at inflated prices. This raises the stock’s price beyond its real one, which is illegal stock manipulation by law.

2016

Nochi Dankner was sentenced to a two years in prison, as well as 800000 NIS fine by Tel Aviv District Court judge Khaled Khabub on 6 December 2016. In addition Dankner received a suspended sentence of an additional year. Tel Aviv District Attorney’s Office had asked for a three- to five-year prison sentence. Judge Khabub formula of sentencing was: “deemed it appropriate to punish the accused within the lower levels of the appropriate punishment due to the personalities of the accused, their extraordinary philanthropic work and the damages and losses they inflicted on themselves by getting embroiled in this scheme.”

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