Haim Saban
Michael Segal
United States

Saban Capital Group, Univision

Haim
Saban

Chairman

As chairman-CEO of Saban Capital Group, Haim Saban has sprawling investments that include Spanish-language TV giant Univision and a range of international film, TV and digital media companies, as well as consumer products and real estate. His net worth is estimated by Forbes at $2.9 billion.

In September 2016, Saban Capital Acquisition raised $235 million in an initial public stock offering as a blank-check fund that is expected to invest much of the proceeds proceeds in Israeli media and tech companies. The Egypt-born Saban grew up in Tel Aviv and served in the Israeli Defense Force.

Saban moved to France in the mid-1970s and started a successful record company. By 1983, he relocated to Los Angeles where he launched a chain of recording studios that specialized in providing music for television. A self-described “cartoon schlepper,” Saban expanded into animation production in 1988, partnering with Marvel Comics on an “X-Men” series, among other properties.

But Saban’s biggest success came in 1993 with the launch of the live-action “Mighty Morphin Power Rangers” franchise, which became a worldwide hit. Four years later, Saban partnered with Fox, the U.S. home of “Power Rangers,” to acquire a cable channel that became Fox Family Channel. In 2001, Fox and Saban sold Fox Family to Disney for $3 billion.

Saban used the windfall from the Fox Family sale — his share was estimated at $1.7 billion — to launch the Century City-based Saban Capital investment venture. Among the company’s bigger acquisitions early on was Germany’s ProSiebenSat.1 Media, which was sold at a profit in 2007.

Saban and his wife, Cheryl Saban, have long been ardent supporters of the Democratic Party. Since 2002 the pair have made more than $28 million in political donations, the vast majority for Democratic candidates and causes.

Career

  • Saban Capital Group
  • Fox Kids
  • Univision

News from Variety

Haim Saban Recalls Days With '60s Israeli Band Lions of Judah

Haim Saban Recalls Days With '60s Israeli Band Lions of Judah

Growing up poor in Tel Aviv, Haim Saban never had money for a car or taxis. He would walk everywhere, which is how one Wednesday evening, the then 20-year-old found himself at a swimming pool-cum-club in Tel Aviv, smelling an opportunity to make some money.“There was a band playing at the pool that was pretty lousy and the place was empty,” Saban remembers. “I was not in a band, but I thought, ‘let me try something.’ So I went to...

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