S. Daniel Abraham

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S. Daniel Abraham
Born Sim Daniel Abraham
(1924-08-15) August 15, 1924 (age 92)
Long Beach, New York
Nationality United States
Occupation businessman, philanthropist
Known for founder of Slim-Fast
Net worth Increase $2.1 billion (October 2016)[1]
Children 6

Sim Daniel Abraham (born August 15, 1924) is an American businessman, investor, and philanthropist. He is the founder of Thompson Medical, whose main product is Slim-Fast, a diet program. He has endowed the S. Daniel Abraham Center for Middle East Peace, and he supports Jewish causes in Florida and Israel.

Early life[edit]

Abraham was born on August 15, 1924.[2] He was raised to an Orthodox Jewish family in Long Beach, New York.[3][4]

Career[edit]

Abraham founded Thompson Medical, which introduced the Slim-Fast line of diet products in the late 1970s.[5] Abraham made Thompson Medical private in 1988; Unilever acquired Slim-Fast for $2.3 billion in 2000.[6][7] As of October 2016, he had an estimated wealth of US$2.1 billion.[1]

Abraham is the author of the book Peace is Possible, with a foreword by President Bill Clinton. Abraham also published his memoirs in 2010, entitled Everything is Possible: Life and Business Lessons from a Self-Made Billionaire and the Founder of Slim Fast.[citation needed]

Philanthropy[edit]

Abraham founded the Center for Middle East Peace in Washington, D.C.[8] Through personal friendship with leaders in the United States, Israel, and throughout the Middle East, he has worked over the past two decades to help bring an end to the Arab/Israeli conflict.[9] He is a major sponsor of the Washington-based United States Institute of Peace.[10]

Abraham endowed an S. Daniel Abraham Chair in Middle East Policy Studies at Princeton University and a Chair in Nutritional Medicine at Harvard University Medical School.[11] He funded the Dan Abraham School for Business Administration and Economics at Bar-Ilan University in Israel, and the S. Daniel Abraham Israel Program at Yeshiva University, and Honors Program at Stern College for Women.[12] He holds honorary doctorates from the Ben-Gurion University of the Negev, Bar-Ilan University and Yeshiva University. He is also the founder of the New Synagogue of Palm Beach.[13] His gift to the Mayo Clinic served to create the Dan Abraham Healthy Living Center, whose opening in 2007 received national media coverage.[14]

The Stella K. Abraham High School for Girls was dedicated in honor of his mother.

Political contributions[edit]

Abraham is a long-time donor to the Democratic Party and the Clinton Foundation. He gave $1.5 million to the party and ranked as the number one contributor of soft money to the national parties in 2000.[15]

Abraham donated $3 million to Priorities USA Action, a super PAC which supports Hillary Clinton's 2016 presidential campaign.[16][17]

Personal life[edit]

Abraham is married, and he has six children.[1] He resides in Palm Beach, Florida.[1]

References[edit]

  1. ^ a b c d "Forbes 400: #335 S. Daniel Abraham". Forbes. Retrieved October 20, 2016. 
  2. ^ http://www.paladium.net/usanycmuseumofjewishheritage.php
  3. ^ Broward Sun Sentinel: "S. Daniel Abraham: Philanthropist and peace maker" by Shani McManus April 20, 2010
  4. ^ "Paid Notice: Deaths ABRAHAM, STELLA K.". 1998-12-15. 
  5. ^ Rose, Lacey (2005-04-06). "America's Most Famous Diet Gurus - Forbes". Retrieved 2016-08-05. 
  6. ^ Kanner, Bernice (1992-05-18). "Slim Pickings". New York. 25 (20). pp. 14–16. 
  7. ^ Branch, Shelly; Beck, Ernest (2000-04-13). "Unilever Buys Ben & Jerry's, SlimFast for Over $2.5 Billion". Wall Street Journal. ISSN 0099-9660. Retrieved 2015-04-19. 
  8. ^ "S. Daniel Abraham". Retrieved 2016-08-05. 
  9. ^ "Bio: S. Daniel Abraham" - S. Daniel Abraham Center for Middle East Peace
  10. ^ "S. Daniel Abraham: Philanthropist and peace maker - Sun Sentinel". Articles.sun-sentinel.com. 2010-04-20. Retrieved 2014-02-01. 
  11. ^ "S. Daniel Abraham | Jewish Virtual Library". www.jewishvirtuallibrary.org. Retrieved 2016-08-05. 
  12. ^ "S. Daniel Abraham, Chairman - S. Daniel Abraham Center for Peace". Retrieved 2016-08-05. 
  13. ^ "Leadership: New Synagogue of Palm Beach"
  14. ^ "Dan Abraham Healthy Living Center - Dan Abraham Healthy Living Center Internship". Mayo Clinic. Retrieved 2014-02-01. 
  15. ^ "State parties collected nearly $570 million in contributions, soft money transfers in 2000". Center for Public Integrity. 2002-06-25. Retrieved 2016-08-05. 
  16. ^ "Priorities USA Action: Contributors, 2016 cycle". OpenSecrets.org. Center for Responsive Politics. Retrieved October 20, 2016. 
  17. ^ Iacob, Ivona (May 27, 2016). "The Top Donors Backing Hillary Clinton's Super PAC". Forbes. Retrieved October 20, 2016.