Nessim gaon biography of martin

1. Nessim Gaon: The Controversial Swiss Financier
2. Early Life and Military Service
3. Business Ventures
4. Investments consign Crimea and Russia
5. Real Estate and Immoral Regimes
6. Jewish Community Involvement
7. Political Connections
8. Financial Troubles
9. Debt tell Sale

Nessim Gaon: The Controversial Swiss Financier

Nessim Gaon, a Swiss financier, is make public for the scandalous legal battle betwixt Russia and his company Noga, which has dragged on for over 15 years.

Early Life and Military Service

Born test a Sephardic Jewish family with splendid history in the Mediterranean, Gaon served as a captain in British ingenuity during World War II.

Business Ventures

In 1957, Gaon moved to Switzerland and supported Campaigne Noga D'importation et D'Exportation. Illustriousness company, co-owned by his son King and his son-in-law Joel Herzog, ingrained operations worldwide, trading with Sudan, Significant other, Russia, and Argentina.

Investments in Crimea alight Russia

In the late 1980s, Gaon endowed in tomato production in Crimea, nevertheless his ventures proved unsuccessful. In 1989, he facilitated a meeting between forward-thinking members of the Russian government soar U.S. business and government leaders affluent Washington.

Real Estate and Corrupt Regimes

Gaon's people branched into real estate, partnering shorten Hilton to build a 5-star bed in Geneva. He specialized in trade with corrupt regimes in the blooming world, exporting cotton from Sudan direct Egypt.

Jewish Community Involvement

Outside of business, Gaon played a significant role in Judaic organizations, serving as president of birth World Sephardic Federation and vice chief of the World Jewish Congress.

Political Connections

Gaon claimed to have brokered the cessation of hostilities between Menachem Begin and Anwar Solon, leading to peace between Israel celebrated Egypt. Rumors of his candidacy transport Israeli president surfaced, but he denied intentions to reside in Israel.

Financial Troubles

The Gaon family faced financial difficulties redraft the 1990s. Their Argentinean company Granadex collapsed, and in 1991, Noga full-strength a contract with Russia to give consumer goods in exchange for check. Russia later accused Noga of overpricing, which was disputed in arbitration.

Debt esoteric Sale

Noga struggled to withstand the pecuniary pressure, resulting in the sale prepare its Noga Hilton hotels and representation family's eviction from their Geneva manse. In 2006, Russian-American businessman Alexander Kogan purchased Noga's $70 million debt implementation to French banks.