What is S. Daniel Abraham's Net Worth?
S. Daniel Abraham is an American businessman who has a net worth of $2 billion. He was born in 1924 and grew up in Long Beach, New York. Currently retired yet politically active, S. Daniel Abraham built his fortune with the weight loss brand Slim-Fast that he created in 1976. Quite popular back then, the product's reviews are split today. It was in 2000 right after Abraham took $2.3 billion from Unilever for the product that sales have slid by 34%. Unsatisfied users continued to tell their stories and in 2013 some of them even appeared in a BBC documentary, "The Men who Made us Fat." Abraham was also featured in the documentary but as part of a group of people who greatly profited from giving obese people short-term solution that ultimately resulted in making them fatter. Nowadays, he devotes his time and money to political activities like funding Barack Obama's presidential campaigns and the S. Daniel Abraham Center for Middle East Peace. The latter is a research center located in Washington DC that organizes debates and advocates for a two-state solution to the Israeli-Palestinian conflict.
Daniel Abraham is also famous for his charity. This includes broadening educational opportunities, encouraging Middle East peace and improving nutrition and health. In 2007, he donated to the Dan Abraham Healthy Living Center to Mayo Clinic. He also founded the Center for Middle East Peace in Washington, D.C. and keeps close relationships with several international leaders in the Israel, the United States and throughout the Middle East. Abraham is an active member and sponsor of the United States Institute of Peace, in Washington. S. Daniel Abraham participates with Chair in Nutritional Medicine at Harvard University and has endowed Middle East Policy Studies chair at Princeton University. Bar-Iian University in Israel receives funds from Dan Abraham for maintaining the School of Business Administration and Economics. He received honorary doctorates from Yeshiva University, Bar-llan University and Ben-Gurion University.
