What is Mori Arkin's Net Worth?
Mori Arkin is an Israeli investor with a net worth of $1.05 billion. His wealth largely stems from his strategic investments in the pharmaceutical company Perrigo and Israel's largest bank, Hapoalim. Arkin's journey began in 1972 when he partnered with his father to manage a small drug distribution company.
Transforming the Family Business
Over the years, Mori Arkin became an integral part of the family business. His visionary leadership transformed the modest firm into a major generics manufacturer. In 1983, he incorporated the company as Agis Industries. For two decades, Agis Industries flourished under his guidance before he sold it to Perrigo, a leading producer of private-label over-the-counter pharmaceuticals in the USA.
Current Investments
Today, Mori Arkin continues to make significant strides in the pharmaceutical industry. Through Arkin Holdings, he has invested approximately $100 million in around 15 medical startup companies. These investments are a testament to his commitment to advancing healthcare and supporting innovative medical solutions.
