Age, Biography and Wiki

Lorne Abony was born on 26 August, 1969 in Toronto, Ontario, Canada, is a Canadian businessman, currently the CEO of FastForward Innovations, Ltd. Discover Lorne Abony's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 54 years old?

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Occupation CEO, FastForward Innovations, Ltd.
Age 54 years old
Zodiac Sign Virgo
Born 26 August 1969
Birthday 26 August
Birthplace Toronto, Ontario, Canada
Nationality Canada

We recommend you to check the complete list of Famous People born on 26 August. He is a member of famous CEo with the age 54 years old group.

Lorne Abony Height, Weight & Measurements

At 54 years old, Lorne Abony height not available right now. We will update Lorne Abony's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Lorne Abony's Wife?

His wife is Wendy Abony

Family
Parents Not Available
Wife Wendy Abony
Sibling Not Available
Children Not Available

Lorne Abony Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Lorne Abony worth at the age of 54 years old? Lorne Abony’s income source is mostly from being a successful CEo. He is from Canada. We have estimated Lorne Abony's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income CEo

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Timeline

1969

Lorne Abony (born August 26, 1969) is a Canadian businessman, currently the CEO of FastForward Innovations, Ltd, a venture capital firm.

Abony was born and raised in Toronto.

1974

The Breakers is one of eight professional tennis teams in World TeamTennis, the professional tennis league co-founded by Billie Jean King in 1974.

Abony is the former CEO of Mood Media Corporation ("Mood Media").

Mood Media provides in-store media to over 575,000 locations worldwide, including clients such as McDonald's, Gucci, H&M, Abercrombie & Fitch, Nike, Hilton Hotel and AT&T.

Mood Media has offices in 48 countries employs over 2,700 employees and plays over 115 million songs and 10 million on-hold and on-premise messages daily.

1990

DSD was founded in 1990 and was the first company to introduce a dual take-back system in Germany, in response to the Packaging Ordinance & Waste Act.

The Green Dot is the license symbol of a European network of industry-funded systems for recycling the packaging materials of consumer goods.

The logo is trademark protected worldwide.

DSD employs 247 people in Germany, and is considered the largest dual take-back systems provider in Europe.

1994

After graduating from the University of Windsor law school in 1994, Abony practiced corporate and securities law at the Toronto firm Aird & Berlis.

In his role as CEO and founder of a number of successful ventures, Abony has raised over C$1.3 billion through the public and private debt and equity markets, including over $100 million for Petopia.com, $190 million for FUN Technologies and over $820 million for Mood Media.

He is also the founder of EdTech companies Vemo Education and Schoold and currently serves on Vemo's board as Non Executive Chairman.

Abony previously owned the Orange County Breakers, a professional sports franchise which competes in World TeamTennis.

Abony is the former CEO of Mood Media Corporation, a public company listed on the Toronto Stock Exchange and the London Stock Exchange.

1998

In January 1998, Abony founded and served as the initial president of the online pet-supply business Paw.net in San Francisco.

The company, which was eventually renamed Petopia.com, grew to 200 full-time employees within two years and raised over $114 million in financing.

2001

He co-founded FUN Technologies in 2001 and in 2004 as CEO of FUN became the youngest CEO of a listed company on the Toronto Stock Exchange (TSX).

Additionally, Abony is a tennis player and is a former member of the Competition Committee of the Association of Tennis Professionals (ATP).

Petopia.com was sold to Petco in 2001.

2002

In 2002, Abony co-founded Columbia Exchange Systems Software PLC with Andrew Rivkin after the two raised C$1.8 million from initial investors.

Later renamed FUN Technologies, Abony became the company's CEO and the largest individual shareholder.

2003

In 2003, FUN completed an IPO on the London Stock Exchange raising over $11 million.

Soon after, FUN listed its shares on the TSX raising over $56 million from a group of investors including Fidelity Investments, AGF Management and the Ontario Teachers Pension Fund.

FUN became one of the fastest growing companies on the TSX and in three years raised over $160 million in five rounds of equity financing.

FUN and its subsidiaries acquired seven businesses during Abony's tenure as CEO, including SkillJam Technologies Corporation, Don Best Sports, Fanball Interactive LLC, Octopi Inc., Teagames, WorldWinner Inc. and Fantasy Sports Inc.

2005

The Meridian, Colorado-based Liberty Media acquired a majority interest in FUN Technologies stock in 2005.

2006

He is a recipient of Canada's Top 40 Under 40 award and an Ambassador for the Province of New Brunswick and in 2006 was a recipient of the University of Windsor's Odyssey award.

2007

Liberty Media purchased the rest of FUN Technologies in late 2007.

The company was valued at nearly C$500 million at the time of its final sale to Liberty Media.

2009

In 2009, DSD recovered approximately 2.75 million tons of sales packaging, saved 60 billion megajoules of energy and reduced CO2 emissions (and its equivalents) by 1.5 million tons.

According to Reuters, DSD a former non-profit organization, had 2009 sales of 684 million euros.

Abony earned an MBA from Columbia Business School, an LL.B/J.D. from the International Law Center at the University of Windsor and a B.A. from McGill University.

2011

In 2011 Mood Media was named Canada's fastest growing company by Profit.

Mood Media currently has a market cap value of approximately $176 million.

Abony was part of the private equity syndicate that acquired Der Grüne Punkt (The Green Dot) "DSD" from Kohlberg Kravis Roberts in 2011.

Abony sits on the board of DSD and is one of its largest shareholders.

2013

In January 2013, Abony was featured in the CBS series Undercover Boss.

2016

Abony was named CEO of FastForward Innovations, Ltd. on January 27, 2016.

2017

Abony was the owner of the Orange County Breakers for three seasons, selling the team in February 2017.