NET WORTH:
$1.34 billion 8.9%
LAST YEAR: $1.23 billion
AGE: 58
RESIDENCE: Beverly Hills
SOURCES OF WEALTH: Telecommunications,investments
THE MONEY: Former Qualcomm Inc. board member’s 14 million shares in San Diego telecom ticked up slightly; bigger gains came from stakes in real estate investment firm Omninet Capital and distressed debt buyer Omni808.
BUZZ: Married into wealthy Nazarian clan, a Persian-Jewish family that came to Los Angeles after Iranian
revolution. Though family is believed to be worth billions, Kadisha is only member with enough known assets to make this list. Controversial figure over the years; has been a player in fight between toymakers Mattel Inc. and MGA Entertainment, and the target of lawsuit over mismanagement of local widow’s trust. But 2012 was quiet year, outside of string of property acquisitions by Omninet, a real estate and private equity investment firm co-managed with brother-in-law Benjamin Nazarian and father-in-law, Izak Parviz Nazarian. Though he tries to fly under the radar, has been associated with several charitable organizations, including drug rehab center Phoenix House and Citizens’ Empowerment Center for Israel, which he co-founded.
