Age, Biography and Wiki

Izak Parviz Nazarian was born on 24 February, 1929 in Tehran, Iran, is an An iranian emigrant to the United States. Discover Izak Parviz Nazarian'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 88 years old?

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Occupation Managing Partner of Omninet Capital, early investor in Qualcomm
Age 88 years old
Zodiac Sign Pisces
Born 24 February, 1929
Birthday 24 February
Birthplace Tehran, Iran
Date of death 23 August, 2017
Died Place Los Angeles, California, United States
Nationality Iran

We recommend you to check the complete list of Famous People born on 24 February. He is a member of famous with the age 88 years old group.

Izak Parviz Nazarian Height, Weight & Measurements

At 88 years old, Izak Parviz Nazarian height not available right now. We will update Izak Parviz Nazarian'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 Izak Parviz Nazarian's Wife?

His wife is Pouran Nazarian

Family
Parents Not Available
Wife Pouran Nazarian
Sibling Not Available
Children Benjamin Nazarian Dora Nazarian Dalia Nazarian Daphna Nazarian

Izak Parviz Nazarian Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Izak Parviz Nazarian worth at the age of 88 years old? Izak Parviz Nazarian’s income source is mostly from being a successful . He is from Iran. We have estimated Izak Parviz Nazarian'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

Izak Parviz Nazarian Social Network

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Timeline

1929

Izak Parviz Nazarian ( Is'ḥaq Parvêz Nazariyân; February 24, 1929 – August 23, 2017) was an Iranian-born American billionaire, businessman, investor, real-estate developer, and philanthropist.

He was the managing partner of Omninet Capital, an investment vehicle and the first major investor in Qualcomm.

Nazarian was born to a Persian-Jewish family in 1929 in Tehran, Iran.

His father died when he was five years old.

His mother opened a sewing shop.

He has a brother, Younes Nazarian.

He grew up in Tehran, where he was educated at the Alliance Israelite Universal Elementary School and the Technical High School.

1943

In 1943, in the midst of World War II, he worked as a waiter's assistant on a United States Army base in Iran.

1947

At the age of eighteen, Nazarian moved to Italy, where he became a member of the Haganah in Genoa in 1947.

1948

On 17 May 1948, three days after Israel had become an independent nation, he moved to Israel, where he served in the 1948 Arab–Israeli War as a member of the 7th Armored Brigade.

He was wounded in a mining explosion and stayed in hospital for five months.

Unable to fight, he resumed his service in the Israel Defense Forces and became Israeli Foreign Minister Golda Meir's chauffeur.

Nazarian started a gravel transportation business shortly after his service with the IDF.

He acquired trucks and hired drivers to move gravel to construction sites in Israel.

He also owned a cement factory in Yarka.

1957

He returned to Iran in 1957, where he expanded his construction business and oversaw the construction of many government buildings.

He enjoyed close ties with the Shah, Mohammad Reza Pahlavi.

1979

During the Iranian Revolution of 1979, his name was on the kill list.

He went into exile in the United States, settling in Los Angeles.

Prior to 1979, Nazarian was an advocate of women's rights in Iran.

1980

Once in the United States, he worked with Armand Hammer to help Soviet Jews emigrate to Israel in the 1980s.

He is a co-founder of the Iranian American Jewish Federation, headquartered in Los Angeles.

Nazarian was the founder of the Magbit Foundation, a non-profit organization which gives scholarships to university students in Israel.

He has made charitable contributions to Tel Aviv University (where he endowed the Chair for Modern Iranian Studies), Ben-Gurion University, Technion – Israel Institute of Technology and the Weizmann Institute of Science.

He was the recipient of an Honorary Doctorate from Tel Aviv University, where The Pouran and Izak Parviz Nazarian Building is named in honor of Nazarian and his wife.

1985

By 1985, he co-founded Omninet with Irwin M. Jacobs and Andrew Viterbi, initially to track the flow of trucks from one construction site to another.

The start-up, which merged with Qualcomm, became one of the world's largest chipmakers.

As Nazarian was a major shareholder, he became a billionaire.

Nazarian served as a managing partner of Omninet Capital, "a diversified investment firm in the fields of private equity, real estate and venture capital", and managing partner of Omninet Ventures.

He was also the chair of Stadco, "a leading producer of high-precision tooling and parts for the aerospace industry."

2003

In 2003, Nazarian founded the Citizens Empowerment Center in Israel (CECI), a non-partisan organization which promotes election reform in Israel.

2009

In 2009, he published an opinion piece entitled 'Israel must address flawed electoral system' in the Jewish Telegraphic Agency.

Nazarian and his wife, Pouran, had a son and three daughters, and they resided in Beverly Hills, California.

His brother Younes Nazarian was a businessman and philanthropist, an early investor in Qualcomm, and Chairman of Nazarian Enterprises.

2013

Moreover, he was recognized as one of four "philanthropic visionaries" alongside Guilford Glazer, Jona Goldrich and Max Webb by the American Friends of Tel Aviv University at the Beverly Wilshire Hotel in 2013.

2017

Nazarian died on August 23, 2017, in Los Angeles, California.