Basic Information About Sidney Harman
| Category | Business |
|---|---|
| Professions | Businessperson, Entrepreneur |
| Net worth | $600,000,000 |
| Date of birth | 1918-08-04 |
| Place of birth | Montreal |
| Date of death | 2011-04-12 (aged 92) |
| Nationality | United States of America |
| Gender | Male |
| Social Media | ↗︎ Wikipedia |
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Net Worth Details
Sidney Harman, the renowned American engineering and businessman, had a remarkable net worth of $600 million dollars. His success was a result of his entrepreneurial ventures and accomplishments in the field of audio equipment manufacturing. Born in Montreal, Canada in August 1918, Harman later settled in New York City, NY, where he pursued his passion for engineering and made his mark in the industry.
Biography
What is Sidney Harman known for?
Sidney Harman is widely recognized for his contributions to the audio equipment industry as the co-founder of Harman Kardon, a prominent company that specializes in home and car audio equipment. Alongside his business endeavors, Harman served as the undersecretary of the United States Department of Commerce in the Carter administration, emphasizing his commitment to public service.
Early life and education
Born and raised in a culturally rich environment in Montreal, Canada, Sidney Harman developed a keen interest in physics from an early age. He pursued his passion at an academic level and obtained a degree in physics. With a strong foundation in science, Harman embarked on a journey that would shape the audio industry forever.
Career
After completing his education, Harman joined the David Bogen Company as an engineer. It was during his time there that he met Bernard Kardon and together they revolutionized the audio industry by creating the world’s first integrated hi-fi receiver. Inspired by their success, the duo founded Harman Kardon in 1953.
Under Harman’s visionary leadership, the company excelled in producing high-quality home and car audio equipment that gained immense popularity among music enthusiasts. Harman Kardon became a household name associated with innovation, reliability, and outstanding sound quality. As a testament to his entrepreneurial spirit, Harman later formed Harman International Industries in 1978, further expanding his influence in the industry.
Death
Unfortunately, Sidney Harman passed away on April 12, 2011, at the age of 92 due to complications from acute myeloid. His legacy, however, continued to inspire future generations and serve as a testament to his significant contributions to the world of audio technology and the business world as a whole.
Achievements
Sidney Harman’s accomplishments extended far beyond his entrepreneurial success. Throughout his life, he was recognized and honored for his remarkable achievements:
- Served as the undersecretary of the United States Department of Commerce under the Carter administration
- Founded Harman Kardon, known for producing high-quality home and car audio equipment
- Author of various books, including Starting With the People, co-authored with Daniel Yankelovich
- Sold his company to Beatrice Foods in 1978 and created Harman International Industries
- President of Friends World College for three years
Among these accolades, Sidney Harman was particularly honored when he received the prestigious ‘Entrepreneur of the Year 2007’ award from the University of Southern California Lloyd Greif Center for Entrepreneurial Studies. This recognition reaffirmed his exceptional leadership skills and innovative mindset in the business world.
Beyond his professional achievements, Sidney Harman also made headlines in 201 when he acquired Newsweek for just $1. Despite assuming $47 million in liabilities, Harman’s determination showcased his commitment to preserving journalism and making a positive impact on the media industry.
In addition, it is noteworthy to mention that Sidney Harman was happily married to Jane Harman, marking a strong and supportive bond throughout his personal and professional journey.
In Conclusion
Sidney Harman’s legacy as an accomplished entrepreneur, innovator, and philanthropist continues to inspire generations. His pioneering work in the audio industry, coupled with his commitment to public service, distinguishes him as a remarkable figure. Harman’s dedication and vision transformed the way we experience music, establishing his name as synonymous with cutting-edge audio technology. While his passing was undoubtedly a loss to the world, his contributions will forever be celebrated, and the impact of his work will resonate for years to come.
