15 Facts About Beny Alagem

Binyamin "Beny" Alagem is an Israeli-American entrepreneur, business executive, hotelier and philanthropist.

Beny Alagem is the founder and former chief executive of Packard Bell Computers.

Beny Alagem is the owner of the Beverly Hilton Hotel and the Waldorf Astoria in Beverly Hills, California.

Beny Alagem founded Packard Bell, a personal computer manufacturer, in 1986.

Beny Alagem served as its chief executive and president until 1998, when he resigned after he disagreed with NEC and Groupe Bull, the two other main shareholders.

Beny Alagem serves as the chairman of the Beny Alagem Capital Group, an asset management firm headquartered in Beverly Hills, California.

In December 2003, Beny Alagem purchased the Beverly Hilton Hotel from entertainer Merv Griffin for US$130 million through Oasis West Realty LLC, where he serves as chief executive officer.

Beny Alagem proceeded to renovate it for an extra US$90 million.

Beny Alagem oversaw the development of the Beverly Hills Waldorf Astoria with Guggenheim Partners, which was dedicated in 2017.

Beny Alagem was appointed an honorary ambassador of the City of Tel Aviv in 1995.

Beny Alagem serves as an honorary member of the board of directors of the Israeli-American Council.

Beny Alagem serves on the advisory board of the American Friends of The Citizens' Empowerment Center in Israel, a non-profit organization headquartered in Beverly Hills which promotes peace in Israel through research and education.

In 2004, Beny Alagem held a fundraiser for the March of the Living, a non-profit organization which annual funds trips for 18,000 students to see the horror of the Auschwitz concentration camp, followed by trip to Israel on Independence Day.

Beny Alagem co-chaired a fundraiser for the Friends of the Israel Defense Forces at the Beverly Hilton Hotel on December 17,2009.

Beny Alagem was the recipient of the Philanthropic Leadership Award from the board of governors of the Cedars-Sinai Medical Center in 2016.