Sidney Harman
Birthname Sidney Harman Birthdate August 4, 1918 Birthplace Montreal, Quebec, Canada Education Union Institute & University of Vermont, Baruch College, and City University of New York Profession Businessman Net worth $600,000,000 Source of Wealth Business (Harman International Industries Inc.) Nationality Canadian-American Country Canada Marital Status Married (Jane Harman) Children 6 (Barbara, Gina, Paul, Lynn, Justine, and Daniel)Quick Links
Sidney Harman was once the landlord of Newsweek and the founder of Harman International Industries Inc. He rescued the flailing Newsweek from monetary collapse. This man was ready to make a fortune as a pioneer in audio speaker trade. He died on the age of 92. Harman was once the founder of the stereo maker, which evolved the primary stereo receiver and concert-hall loudspeaker.
Forbes estimated that his net worth used to be more within the range of $Six hundred million. Sidney has never made it to the Forbes or Fortune billionaire record as his net worth were rather difficult to quantify. His spouse is incessantly cited as one of the crucial richest members of Congress with a fortune estimated at $112 million in 2009.
Earnings & Financial Data
Date | Category | Description | Amount |
|---|---|---|---|
2017 | Sale of Asset | Sale of Harman International's digital processing for audio products to Samsung Electronics | $8,000,000,000 |
2010 | Salary | Estimated non-stock compensation from Harman Kardon | $3,500,000 |
2008 | Asset | Estimated price of Sidney Harman's 2.9 million stocks in Harman International Industries, the maker of top of the range audio elements | $350,000,000 |
2006 | Sale of Asset | Sale of Sidney Harman's shares in Harman Kardon | $110,000,000 |
2004 | Sale of Asset | Sale of Sidney Harman's stocks in Harman Kardon | $43,000,000 |
1980 | Asset | Purchase price of Harman International from Beatrice Foods | $55,000,000 |
1976 | Sale of Asset | Sale of Harman International to Beatrice Foods, a large conglomerate | $100,000,000 |
1953 | Asset | Sidney Harman's investment within the Harman Kardon Company | $10,000 |
ncG1vNJzZmivp6x7tbTEq6CcoJWowW%2BvzqZmnJ2cmq%2BvsdOwpqusmGSwprjEm6mirKlir7a%2FyKecrKtforKve9Kim6edqWK1or7MmqVmppWperi70a2faA%3D%3D