Amdocs founder Morris Kahn dies aged 95

Company Overview - Morris Kahn was a co-founder of Amdocs, a telecom billing company with a market cap of $8.85 billion, recognized as one of Israel's veteran tech companies [1] - Amdocs has played a significant role in the development of Israel's high-tech industry, creating thousands of jobs and influencing generations of tech professionals [4] Business Development - Kahn's business breakthrough occurred in 1968 when he won a tender to produce telephone directories, leading to the establishment of Amdocs, which focused on billing software and customer service systems for telecom companies [3] - Kahn's Aurec Group invested in various prominent businesses, including cable TV and international telecom companies, contributing to the infrastructure of Israel's high-tech industry [5] Financial Acumen - Kahn demonstrated acute business sense, selling his holdings in Amdocs and other companies at peak prices, ultimately realizing holdings worth approximately $1.9 billion [6] - Forbes estimated Kahn's wealth at $1.1 billion in 2025, highlighting his effective tax planning strategies [7] Philanthropy and Legacy - In recent years, Kahn was a major donor and a key figure in the SpaceIL project, which achieved the landing of the first private spacecraft on the moon [9]