Aviv "Vivi" Nevo ( he, אביב נבו; born 1965
) is an
Israeli-American
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, population = 110,000–150,000
, popplace = New York metropolitan area, Los Angeles metropolitan area, Miami metropolitan area, and other large metropolitan are ...
venture capitalist
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...
. He is a major shareholder in
Time Warner
Warner Media, LLC ( traded as WarnerMedia) was an American multinational mass media and entertainment conglomerate. It was headquartered at the 30 Hudson Yards complex in New York City, United States.
It was originally established in 1972 by ...
and other companies, having built his fortune up from an initial $10 million inheritance.
Biography
Nevo was born in
Bucharest
Bucharest ( , ; ro, București ) is the capital and largest city of Romania, as well as its cultural, industrial, and financial centre. It is located in the southeast of the country, on the banks of the Dâmbovița River, less than north ...
in
Communist Romania
The Socialist Republic of Romania ( ro, Republica Socialistă România, RSR) was a Marxist–Leninist one-party socialist state that existed officially in Romania from 1947 to 1989. From 1947 to 1965, the state was known as the Romanian Peop ...
in 1965. As an infant, he moved to
Tel Aviv
Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the G ...
,
Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...
his parents.
His father, a chemical engineer and his mother, an
anesthesiologist
Anesthesiology, anaesthesiology, or anaesthesia is the medical specialty concerned with the total perioperative care of patients before, during and after surgery. It encompasses anesthesia, intensive care medicine, critical emergency medic ...
, eventually divorced. Nevo is an only child. He is Jewish.
Business career
Stan Berk, a former
hedge fund
A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as ...
manager who hired Nevo in the 1980s after they met at a
Los Angeles
Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the wor ...
gym, said Nevo worked for him from 1985 to 1988, and then "just disappeared." After a certain time period, they met again, and "Nevo had befriended billionaires and media titans.
According to an anonymous business associate of Nevo, with an inheritance of around $10 million, Nevo set about investing and networking. ''
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'' reported that Nevo "opened trading accounts at Goldman Sachs and Morgan Stanley, as well as Allen & Co., which eventually won him an invitation to Sun Valley... Through diligence and hard work, the right contacts and a lot of the right trades during the dot-com bubble of the late 1990s, he turned his inheritance into a sizable fortune ... Later on, Nevo began sprinkling money around in private companies, many of which were new media ventures."
His
venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...
firm, NV Investments, invests in technology companies worldwide, and is said to have been an early backer of
The Weinstein Company
The Weinstein Company (usually credited or abbreviated as TWC) was an American independent film studio, founded in New York City by Bob and Harvey Weinstein in March 2005. TWC was one of the largest mini-major film studios in North America prio ...
,
and the largest individual shareholder in Time Warner.
Personal life and reputation
Nevo is said to be averse to
publicity
In marketing, publicity is the public visibility or awareness for any product, service, person or organization ( company, charity, etc.). It may also refer to the movement of information from its source to the general public, often (but not always ...
: He has consistently refused requests for interviews, and was referred to by friends as an "international man of mystery."
In July 2008, Nevo said that long-running rumors of an
engagement to
Chinese actress
Zhang Ziyi
Zhang Ziyi (; ; born 9 February 1979) is a Chinese actress and model. She is regarded as one of the Four Dan Actresses of China. Her first major role was in '' The Road Home'' (1999). She later gained international recognition for her role in ...
were true. The couple separated in 2010.
References
{{DEFAULTSORT:Nevo, Aviv
1965 births
Living people
American chief executives of financial services companies
American investors
Businesspeople from Tel Aviv
Israeli emigrants to the United States
Israeli investors
Private equity and venture capital investors
Romanian emigrants to Israel
Romanian Jews