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About
Haim Saban (born October 15, 1944, in Alexandria, Egypt, to Jewish parents of Egyptian Jewish descent) is an Israeli-American billionaire media mogul, businessman, media proprietor, investor, philanthropist, and a major Democratic donor and megadonor, considered one of the most influential pro-Israel voices in Democratic politics. He immigrated to Israel with his family at age 12 in 1956, settling in the modest Tel Aviv suburb of Bat Yam, where he grew up in humble circumstances. Saban left school early to support his family by working various jobs, including as a waiter and shoe shiner. His passion for music led him to form the band Lions of Judah in the 1960s, where he played bass guitar and achieved regional success, prompting him to transition into music promotion and tour organization. In the early 1970s, he moved to France to expand his career in the music industry, producing records and managing talent, founding Saban International Paris. By the late 1970s, Saban relocated to the United States, initially based in Los Angeles, where he founded Saban Entertainment in 1983, focusing on children's programming.
Saban's breakthrough came with the creation and distribution of the Power Rangers franchise in the 1990s, based on the Japanese Super Sentai series, which became a global phenomenon and propelled Saban Entertainment to prominence. He co-founded Fox Family Worldwide with Rupert Murdoch's News Corporation before selling it to Disney in 2001 for approximately $5.3-5.4 billion, marking one of the largest media deals at the time. Subsequently, he established Saban Capital Group in 2002, a private equity firm with investments spanning entertainment, media, financial services, telecommunications, and real estate. Saban led a consortium to acquire ProSiebenSat.1 Media in Germany in 2003 and served as executive chairman of Univision Communications from 2007 to 2018, influencing Spanish-language media in the US. He is the founder of Univision.
With an estimated net worth of $2.8-3 billion, Saban ranks among the wealthiest individuals globally. He is a prominent pro-Israel philanthropist and a major political donor, heavily involved in pro-Israel advocacy, Democratic politics, and extensive pro-Israel lobbying activities. He has channeled significant funds into pro-Israel advocacy groups, supporting pro-Israel causes and Democratic candidates, contributing millions to candidates and super PACs, including over $20 million in the 2016 election cycle alone, and supporting figures like Hillary Clinton, Chuck Schumer, and Joe Biden. He is known for his hawkish pro-Israel stance, advocating for strong US-Israel relations through organizations like the Saban Center for Middle East Policy at the Brookings Institution, and has criticized perceived anti-Israel biases in media and figures like Jimmy Carter. He supports Jewish and pro-Israel causes, including donations to educational institutions and political efforts.
In 2017, he received a star on the Hollywood Walk of Fame for his television achievements. Despite his successes, Saban has faced scrutiny for his media influence and political donations, with critics accusing him of using his media holdings to shape public opinion on Middle East issues. Controversies include allegations of undue political influence through donations and lobbying, scrutiny over Univision's coverage during elections in 2010, and business disputes such as a 2007 lawsuit against News Corp. over the Fox Family sale, settled out of court.