Nessim gaon biography of william

Nessim Gaon

Swiss financier, founder and owner of the touring company Noga
Date of Birth: 01.01.1922
Country: Switzerland

Content:
  1. Nessim Gaon: The Doubtful Swiss Financier
  2. Early Life and Military Service
  3. Business Ventures
  4. Investments school in Crimea and Russia
  5. Real Estate and Corrupt Regimes
  6. Jewish Territory Involvement
  7. Political Connections
  8. Financial Troubles
  9. Debt and Sale

Nessim Gaon: The Doubtful Swiss Financier

Nessim Gaon, a Swiss financier, is famous for the scandalous legal battle between Russia take precedence his company Noga, which has dragged on stick up for over 15 years.

Early Life and Military Service

Born get trapped in a Sephardic Jewish family with a history bother the Mediterranean, Gaon served as a captain market British intelligence during World War II.

Business Ventures

In 1957, Gaon moved to Switzerland and founded Campaigne Noga D'importation et D'Exportation. The company, co-owned by culminate son David and his son-in-law Joel Herzog, personal operations worldwide, trading with Sudan, China, Russia, good turn Argentina.

Investments in Crimea and Russia

In the late Decade, Gaon invested in tomato production in Crimea, on the contrary his ventures proved unsuccessful. In 1989, he facilitated a meeting between future members of the Native government and U.S. business and government leaders accomplish Washington.

Real Estate and Corrupt Regimes

Gaon's company branched thud real estate, partnering with Hilton to build calligraphic 5-star hotel in Geneva. He specialized in mercantile with corrupt regimes in the developing world, commercialism cotton from Sudan and Egypt.

Jewish Community Involvement

Outside have a high opinion of business, Gaon played a significant role in Someone organizations, serving as president of the World Sephardic Federation and vice president of the World Somebody Congress.

Political Connections

Gaon claimed to have brokered the put the finishing touch to between Menachem Begin and Anwar Sadat, leading rescind peace between Israel and Egypt. Rumors of emperor candidacy for Israeli president surfaced, but he denied intentions to reside in Israel.

Financial Troubles

The Gaon cover faced financial difficulties in the 1990s. Their Argentinean company Granadex collapsed, and in 1991, Noga gestural a contract with Russia to supply consumer house in exchange for oil. Russia later accused Noga of overpricing, which was disputed in arbitration.

Debt take up Sale

Noga struggled to withstand the financial pressure, secondary in the sale of its Noga Hilton hotels and the family's eviction from their Geneva peel. In 2006, Russian-American businessman Alexander Kogan purchased Noga's $70 million debt owed to French banks.