Haim Saban is an Israeli and American media proprietor, investor, philanthropist, musician, record, film amp television producer. An accomplished businessman primarily involved with business interests pertaining to financial services, entertainment, and media, and an estimated net worth ofbillion, he is ranked by Forbes as the 143rd richest person in America. Saban is the founder of Saban Entertainment, producer and distributor of childrens television programs in the US such as Power Rangers. He headed up consortiums which purchased the broadcasters ProSiebenSat.1 Media and Univision Communications. He is a major donor to the US Democratic Party and active in proIsrael political efforts in the US.
Saban was born to a Jewish family in Alexandria, Egypt, in 1944. In 1956, the Saban family immigrated to Israel along with most of the Egyptian Jewish community. Saban was sent to a Youth Aliyah boarding school. Expelled for being a troublemaker, he enrolled in a night school where the principal told him Youre not cut out for academic studies youre cut out for making money. Saban is married to Cheryl Lynn Saban, with whom he has two children. He also has two stepchildren, Tifany and Heidi Lenhart. He resides in Beverly Hills, California.