The net worth of Sidney Harman, an American engineering and business magnate, was $600 million dollars.
Born in Montreal, Canada in August 1918, Sydney Harman died there in April 2011.
His place of origin was New York City, NY, where he was raised.
After graduating with a degree in physics, Harman joined the engineering team at the David Bogen Company.
The world’s first integrated hi-fi receiver was developed by him and Bernard Kardon.
Harman Kardon was founded by the pair in 1953.
The company creates audio systems for homes and cars.
Starting With the People, a book co-authored by Harman and Daniel Yankelovich, is one of his works.
During the Carter administration, Harman was appointed as an undersecretary of the United States Department of Commerce. He assumed office in 1976 and sold his company to Beatrice Foods.
Sidney opted to depart and establish Harman International Industries in 1978.
By 1989, the company’s international sales had surpassed $500 million.
He held the position of president at Friends World College for a period of three years.
The Lloyd Greif Center for Entrepreneurial Studies at the University of Southern California recognized Harman as the “Entrepreneur of the Year 2007”.
He acquired Newsweek for $1 in 2010 and took on the company’s liabilities of $47 million.
Jane Harman and Sidney were married.
Acute myeloid leukemia caused Sidney Harman’s death on April 12, 2011, at the age of 92, resulting in complications.