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'{{refimprove|date=May 2016}} {{Use mdy dates|date=October 2014}} {{Infobox person | name = Henry Samueli | image = Stanley Cup Ducks and Bush Samueli crop.jpg | caption = Samueli (right) and the [[Stanley Cup]] champion [[Anaheim Ducks]] present then-President [[George W. Bush]] with a jersey | birth_date = {{birth date and age|1954|9|20}} | birth_place = [[Buffalo, New York]] | birth_name = | residence = [[Newport Beach]], California, US | nationality = United States | education = | alma_mater = [[UCLA]] (B.S., 1975; M.S., 1976; Ph.D., Electrical Engineering, 1980) | occupation = | known_for = co-founder of [[Broadcom]]<br> owner of the [[Anaheim Ducks]]<br>philanthropy | networth = $3.1 billion [[United States dollar|USD]] (September 2016)<ref name=ForbesBillionaires>[https://www.forbes.com/profile/henry-samueli/ Forbes – The World's Billionaires: Henry Samueli], September 2016.</ref> | children = Three, Leslie, Jillian and Erin; one grandchild. | spouse = Susan Samueli | parents = | website = }} '''Henry Samueli''' (born September 20, 1954) is an American businessman, engineer, and philanthropist. He is the co-founder of [[Broadcom]] Corporation, owner of the [[Anaheim Ducks]], and a prominent [[philanthropy|philanthropist]] in the [[Orange County, California]], community. He serves as Chief Technical Officer and Board Member of Broadcom Limited. He is also a Professor (on leave of absence) in the Electrical and Computer Engineering Department at UCLA, and a Distinguished Adjunct Professor in the Electrical Engineering and Computer Science Department at UC Irvine.  He holds honorary doctorate degrees from the Technion-Israel Institute of Technology<ref>{{Cite web|url=https://www.technion.ac.il/en/technion-honors/|title=Technion Honors {{!}} Technion - Israel Institute of Technology|website=www.technion.ac.il|language=en-US|access-date=2017-12-01}}</ref> and the National Chiao Tung University in Taiwan<ref>{{Cite web|url=http://www.nctu.edu.tw/outstandingnctu/honorarydr/248-105/649-henry-samueli|title=Henry Samueli|last=蘇麗尹|website=www.nctu.edu.tw|language=zh-tw|access-date=2017-12-01}}</ref>. He is a named inventor in 75 U.S. patents. He is a Fellow of the [[Institute of Electrical and Electronics Engineers]] (IEEE), a Fellow of the [[American Academy of Arts and Sciences]] (AAAS) and a Member of the [[National Academy of Engineering]] (NAE). In 2012, Samueli won the [[Marconi Prize]] and Fellowship<ref name="UCLA">{{cite web|url=http://www.engineer.ucla.edu/newsroom/featured-news/archive/2012/henry-samueli-wins-2012-marconi-prize|title=Henry Samueli Wins 2012 Marconi Prize|last=UCLA|first=School of Engineering|archiveurl=https://web.archive.org/web/20120722044538/http://www.engineer.ucla.edu/newsroom/featured-news/archive/2012/henry-samueli-wins-2012-marconi-prize|archivedate=July 22, 2012|deadurl=yes|accessdate=November 27, 2012|df=mdy-all}}</ref> for "pioneering advances in the development and commercialization of analog and mixed signal circuits for modern communication systems, in particular the cable modem."<ref>{{Cite web|url=http://marconisociety.org/fellows/henry-samueli/|title=Henry Samueli – Marconi Society|website=marconisociety.org|language=en-US|access-date=2017-12-01}}</ref> In 2017 ''[[Forbes]]'' placed Samueli's net worth at $3.8 billion.<ref>{{Cite news|url=https://www.forbes.com/forbes-400/list/|title=Forbes 400|work=Forbes|access-date=2017-12-02|language=en}}</ref> He currently resides with his wife Susan in [[Corona del Mar, California]]. ==Education== Samueli's parents, Sala and Aron, were [[Polish Jewish]] immigrants who survived the [[Nazi occupation of Europe]] and arrived in the United States with almost nothing.<ref name="latimesJune242008">{{Cite news|url=http://www.latimes.com/business/la-fi-samueli24-2008jun24,0,3244548.story|title=Broadcom co-founder Samueli pleads guilty in stock options fraud case|last=Reckard|first=E. Scott|date=June 24, 2008|newspaper=[[Los Angeles Times]]|last2=Goffard|first2=Christopher|postscript=<!--None-->}}</ref> Samueli stocked shelves in his family's Los Angeles liquor store and graduated from [[Bancroft Middle School (Los Angeles, California)|Bancroft Junior High School]] and [[Fairfax High School (Los Angeles)|Fairfax High School]].<ref name="latimesJune242008"/> Samueli became interested in electronics when he took a shop class at Bancroft. Samueli attended [[UCLA]], where he received his [[bachelor's degree]] (1975), [[master's degree]] (1976), and [[Doctor of Philosophy|Ph.D]] (1980), all in the field of electrical engineering. His Ph.D. advisor was Alan N. Willson Jr. and his Ph.D. dissertation is entitled [http://melvyl.cdlib.org/F/X91VSM2BUESDBNA7KHH8IXVBQF4T4MBP8NTEUMTBRSJU1GCTAV-10435?func=find-b&find_code=AUT&request=Samueli%2C+Henry&adjacent=N&filter_code_4=WID&filter_request_4=&filter_code_5=WTP&filter_request_5=&filter_code_1=WLN&filter_request_1=&filter_code_2=WYR&filter_request_2=&filter_code_3=WYR&filter_request_3=&x=0&y=0 "Nonperiodic forced overflow oscillations in digital filters"]. ==Broadcom origins== In 1991, while still working as a professor at UCLA, Samueli co-founded [[Broadcom]] with one of his Ph.D. students, [[Henry Nicholas]]. Each invested $5,000 and initially worked out of Nicholas' Redondo Beach home. They rented their first office in 1992 in Westwood, CA near the UCLA campus and moved to Irvine, CA in 1995 at which time Samueli took a leave of absence from UCLA to be at Broadcom full-time. Broadcom went public three years after that.<ref name="latimesJune242008"/> Samueli still remains on leave from UCLA and he continues to be listed on the Electrical and Computer Engineering Department faculty roster.<ref>{{cite web |url=http://www.ee.ucla.edu/henry-samueli/ |title=Henry Samueli |website=UCLA Electrical Engineering Department |accessdate=November 4, 2017}}</ref> ==Anaheim Ducks ownership== In 2003 the Samueli's purchased the management contract for the Arrowhead Pond of Anaheim sports and entertainment venue, creating Anaheim Arena Management, LLC, to oversee all operations of the arena, and in 2005 they purchased the Mighty Ducks of Anaheim National Hockey League (NHL) club, the arena's largest tenant, from the [[Walt Disney Company]] for $75 million. In 2006, the Samueli's announced the team's name change to the [[Anaheim Ducks]] and the arena's name change to [[Honda Center]]. In 2007 the Anaheim Ducks became the first California team ever to win the Stanley Cup championship. Samueli currently serves on the Executive Committee of the NHL Board of Governors. In 2017 ''Forbes'' reported the Anaheim Ducks were worth $415 million.<ref>{{Cite news|url=https://www.forbes.com/nhl-valuations/list/|title=The Business Of Hockey|work=Forbes|access-date=2017-12-02|language=en}}</ref> In 2015 the Samueli's acquired ownership of the Ducks' [[American Hockey League]] affiliate, the [[Norfolk Admirals (AHL)|Norfolk Admirals]]. They subsequently moved the franchise to [[San Diego]] as part of the AHL's western expansion that year and the team was re-branded as the fourth incarnation of the [[San Diego Gulls]].<ref>http://ducks.nhl.com/club/news.htm?id=750924&navid=DL</ref> ==Philanthropy== ===Health and alternative medicine=== Samueli and his wife established the Susan Samueli Center for Integrative Medicine at [[UC Irvine]], and the Samueli Institute for Information Biology in Washington, D.C. The controversial activities of both organizations reflect Susan Samueli's interest in [[homeopathy]] and [[alternative medicine]].<ref name=Boodman>Sandra G. Boodman, [https://www.washingtonpost.com/archive/lifestyle/wellness/2005/07/12/probing-edges-of-medicine-and-reality/760a13dd-0d3e-498d-816b-338b8950c7fa/ "Probing Edges Of Medicine—And Reality"], ''[[The Washington Post]]'', July 12, 2005.</ref> They have also supported the research of the John Wayne Cancer Institute in Santa Monica, California, in cancer prevention and treatment.<ref>[http://www.insidephilanthropy.com/guide-to-individual-donors/henry-samueli.html "Henry Samueli"], ''[[Inside Philanthropy]]'' (accessed 2016-01-14).</ref> In September 2017, Samueli and his wife made an additional $200M donation to UC Irvine, which renamed its medical and nursing schools as the Susan and Henry Samueli College of Health Sciences and renamed the Susan Samueli Center for Integrative Medicine as the Susan Samueli Integrative Health Institute.<ref>http://www.latimes.com/business/hiltzik/la-fi-hiltzik-uci-samueli-20170922-story.html</ref><ref>https://news.uci.edu/2017/09/18/uci-receives-200-million-gift-to-name-college-of-health-sciences-and-launch-major-integrative-health-initiative/</ref> ===Engineering education=== [[Image:Samueli UCLA.jpg|thumb|right|Henry Samueli School of Engineering and Applied Science at UCLA]] Before starting [[Broadcom]], Henry Samueli worked in the department of [[Electrical Engineering]] at the [[University of California, Los Angeles]], and he and his wife subsequently made major donations to the [[UCLA Henry Samueli School of Engineering and Applied Science|UCLA School of Engineering and Applied Science]] and [[Henry Samueli School of Engineering|UC Irvine School of Engineering]], which have since been named after him. ===Other donations=== Samueli's donation founded the Sala and Aron Samueli Holocaust Memorial Library at [[Chapman University]], which was dedicated in 2005.<ref name="latimesJune242008"/> The Foundation has also given grants to Tarbut V' Torah, [[Chapman University]], the [[Orange County School of the Arts]] (OCSA), the [[Ocean Institute]], El Viento, [[THINK Together]], Orangewood’s Guardian Scholar Program, [[KOCE]], the [[Discovery Science Center]] and Hope University. ==Broadcom stock options investigation== During the technology boom in the 2000s, Samueli and Broadcom co-founder Henry T. Nicholas III awarded millions of stock options to attract and reward employees. Prosecutors alleged Samueli and Nicholas granted options to others, including some other top executives, but not themselves, to avoid having to report $2.2 billion in compensation costs to shareholders.<ref name="latimesJune242008" /> In 2006 both the [[Securities and Exchange Commission]] and the Department of Justice began investigating [[Broadcom Corporation]] for [[Options backdating|backdating]] of [[stock options]].<ref>{{Cite web|url=http://www.tmcnet.com/usubmit/2007/02/19/2347891.htm|title=Samueli and Broadcom going different ways|website=www.tmcnet.com|access-date=2017-12-01}}</ref> On May 15, 2008, Samueli resigned as Chairman of the Board and took a leave of absence as Chief Technology Officer after being named in a civil complaint by the SEC.<ref>[http://losangeles.bizjournals.com/losangeles/stories/2008/05/12/daily23.html?ana=yfcpc Broadcom execs charged by SEC, take leave of absence]</ref> On June 23, 2008, Samueli pleaded guilty for lying to SEC for $2.2 billion of backdating. Under the [[plea bargain]], Samueli agreed to a sentence of five years probation, a $250,000 criminal fine, and a $12 million payment to the US Treasury.<ref>[https://news.yahoo.com/s/ap/20080624/ap_on_hi_te/broadcom_samueli Broadcom exec pleads guilty to lying to SEC]</ref><ref>[http://www.law.com/jsp/article.jsp?id=1202422503217 Broadcom Co-Founder Enters Guilty Plea]</ref> Prosecutors focused on the fact that Samueli denied under oath any role in making options grants to high-ranking executives. As part of his plea agreement, Samueli admitted the statement was false, and admitting to being part of the options-granting process.<ref name="latimesJune242008" /> However, an internal Broadcom probe laid the majority of blame on [[Henry Nicholas|CEO Henry Nicholas]] and CFO [[William Ruehle]]. On September 8, 2008, U.S. District Court Judge [[Cormac Carney]] rejected the plea deal that called for Samueli to receive probation, writing: "The court cannot accept a plea agreement that gives the impression that justice is for sale".<ref>[https://sports.yahoo.com/nhl/news;_ylt=Alk7qouDJqZDsKZboRfZSQN7vLYF?slug=ap-samueli-plea&prov=ap&type=lgns Judge rejects plea deal for Broadcom’s Samueli] Associated Press September 8, 2008</ref> 16 months later, on December 10, 2009, Judge Carney, after hearing the testimony of all the witnesses at the trial of CFO William Ruehle, dismissed the case against Samueli (as well as Ruehle and Nicholas), citing Samueli's testimony as well as prosecutorial misconduct.<ref>{{cite news| url=http://www.latimes.com/business/la-fi-samueli10-2009dec10,0,7251404.story | work=Los Angeles Times | title=Judge dismisses charge against Broadcom co-founder | first1=Stuart | last1=Pfeifer | date=December 10, 2009 | accessdate=May 4, 2010}}</ref> In his ruling Judge Carney stated <ref>{{Cite web|url=https://harpers.org/blog/2009/12/broadcom-prosecution-collapses-as-judge-finds-sweeping-misconduct-by-federal-prosecutors/|title=Broadcom Prosecution Collapses as Judge Finds Sweeping Misconduct by Federal Prosecutors|last=Horton|first=Scott|date=2009-12-18|website=The Stream - Harper's Magazine Blog|access-date=2017-12-01}}</ref> "The uncontroverted evidence at trial established that Dr. Samueli was a brilliant engineer and a man of incredible integrity. There was no evidence at trial to suggest that Dr. Samueli did anything wrong, let alone criminal. Yet, the government embarked on a campaign of intimidation and other misconduct to embarrass him and bring him down." He further added in his ruling "Needless to say, the government’s treatment of Dr. Samueli was shameful and contrary to American values of decency and justice." The judge ordered Dr. Samueli's plea agreement to be "expunged" from his record and stated "Dr. Samueli now has a clean slate." ==References== {{Reflist|30em}} ==External links== *[http://www.ee.ucla.edu/faculty-samueli.htm Henry Samueli biography] at the UCLA Electrical and Computer Engineering Department *[http://www.samueli.org/about-us/leadership-staff/ Henry Samueli biography] at the Samueli Foundation *[http://www.samueli.org Samueli Foundation] website {{Anaheim Ducks}} {{NHLOwners}} {{DEFAULTSORT:Samueli, Henry}} [[Category:1954 births]] [[Category:American academics]] [[Category:American billionaires]] [[Category:American communications businesspeople]] [[Category:American people of Polish-Jewish descent]] [[Category:Anaheim Ducks executives]] [[Category:Giving Pledgers]] [[Category:Jewish American sportspeople]] [[Category:Living people]] [[Category:Members of the United States National Academy of Engineering]] [[Category:National Hockey League executives]] [[Category:National Hockey League owners]] [[Category:Sportspeople from Buffalo, New York]] [[Category:Stanley Cup champions]] [[Category:UCLA Henry Samueli School of Engineering and Applied Science alumni]] [[Category:University of California, Los Angeles faculty]] [[Category:American chief technologists]] [[Category:Fellow Members of the IEEE]] [[Category:Fellows of the American Academy of Arts and Sciences]]'
New page wikitext, after the edit (new_wikitext)
'{{refimprove|date=May 2016}} {{Use mdy dates|date=October 2014}} {{Infobox person | name = Henry Samueli | image = Stanley Cup Ducks and Bush Samueli crop.jpg | caption = Samueli (right) and the [[Stanley Cup]] champion [[Anaheim Ducks]] present then-President [[George W. Bush]] with a jersey | birth_date = {{birth date and age|1954|9|20}} | birth_place = [[Buffalo, New York]] | birth_name = | residence = [[Newport Beach]], California, US | nationality = United States | education = | alma_mater = [[UCLA]] (B.S., 1975; M.S., 1976; Ph.D., Electrical Engineering, 1980) | occupation = | known_for = co-founder of [[Broadcom]]<br> owner of the [[Anaheim Ducks]]<br>philanthropy | networth = $3.8 billion [[United States dollar|USD]] (September 2017)<ref name=ForbesBillionaires>[https://www.forbes.com/profile/henry-samueli/ Forbes – The World's Billionaires: Henry Samueli], September 2016.</ref> | children = Three, Leslie, Jillian and Erin; one grandchild. | spouse = Susan Samueli | parents = | website = }} '''Henry Samueli''' (born September 20, 1954) is an American businessman, engineer, and philanthropist. He is the co-founder of [[Broadcom]] Corporation, owner of the [[Anaheim Ducks]], and a prominent [[philanthropy|philanthropist]] in the [[Orange County, California]], community. He serves as Chief Technical Officer and Board Member of Broadcom Limited. He is also a Professor (on leave of absence) in the Electrical and Computer Engineering Department at UCLA, and a Distinguished Adjunct Professor in the Electrical Engineering and Computer Science Department at UC Irvine.  He holds honorary doctorate degrees from the Technion-Israel Institute of Technology<ref>{{Cite web|url=https://www.technion.ac.il/en/technion-honors/|title=Technion Honors {{!}} Technion - Israel Institute of Technology|website=www.technion.ac.il|language=en-US|access-date=2017-12-01}}</ref> and the National Chiao Tung University in Taiwan<ref>{{Cite web|url=http://www.nctu.edu.tw/outstandingnctu/honorarydr/248-105/649-henry-samueli|title=Henry Samueli|last=蘇麗尹|website=www.nctu.edu.tw|language=zh-tw|access-date=2017-12-01}}</ref>. He is a named inventor in 75 U.S. patents. He is a Fellow of the [[Institute of Electrical and Electronics Engineers]] (IEEE), a Fellow of the [[American Academy of Arts and Sciences]] (AAAS) and a Member of the [[National Academy of Engineering]] (NAE). In 2012, Samueli won the [[Marconi Prize]] and Fellowship<ref name="UCLA">{{cite web|url=http://www.engineer.ucla.edu/newsroom/featured-news/archive/2012/henry-samueli-wins-2012-marconi-prize|title=Henry Samueli Wins 2012 Marconi Prize|last=UCLA|first=School of Engineering|archiveurl=https://web.archive.org/web/20120722044538/http://www.engineer.ucla.edu/newsroom/featured-news/archive/2012/henry-samueli-wins-2012-marconi-prize|archivedate=July 22, 2012|deadurl=yes|accessdate=November 27, 2012|df=mdy-all}}</ref> for "pioneering advances in the development and commercialization of analog and mixed signal circuits for modern communication systems, in particular the cable modem."<ref>{{Cite web|url=http://marconisociety.org/fellows/henry-samueli/|title=Henry Samueli – Marconi Society|website=marconisociety.org|language=en-US|access-date=2017-12-01}}</ref> In 2017 ''[[Forbes]]'' placed Samueli's net worth at $3.8 billion.<ref>{{Cite news|url=https://www.forbes.com/forbes-400/list/|title=Forbes 400|work=Forbes|access-date=2017-12-02|language=en}}</ref> He currently resides with his wife Susan in Newport Beach, California. ==Education== Samueli's parents, Sala and Aron, were [[Polish Jewish]] immigrants who survived the [[Nazi occupation of Europe]] and arrived in the United States with almost nothing.<ref name="latimesJune242008">{{Cite news|url=http://www.latimes.com/business/la-fi-samueli24-2008jun24,0,3244548.story|title=Broadcom co-founder Samueli pleads guilty in stock options fraud case|last=Reckard|first=E. Scott|date=June 24, 2008|newspaper=[[Los Angeles Times]]|last2=Goffard|first2=Christopher|postscript=<!--None-->}}</ref> Samueli stocked shelves in his family's Los Angeles liquor store and graduated from [[Bancroft Middle School (Los Angeles, California)|Bancroft Junior High School]] and [[Fairfax High School (Los Angeles)|Fairfax High School]].<ref name="latimesJune242008"/> Samueli became interested in electronics when he took a shop class at Bancroft. Samueli attended [[UCLA]], where he received his [[bachelor's degree]] (1975), [[master's degree]] (1976), and [[Doctor of Philosophy|Ph.D]] (1980), all in the field of electrical engineering. His Ph.D. advisor was Alan N. Willson Jr. and his Ph.D. dissertation is entitled [http://melvyl.cdlib.org/F/X91VSM2BUESDBNA7KHH8IXVBQF4T4MBP8NTEUMTBRSJU1GCTAV-10435?func=find-b&find_code=AUT&request=Samueli%2C+Henry&adjacent=N&filter_code_4=WID&filter_request_4=&filter_code_5=WTP&filter_request_5=&filter_code_1=WLN&filter_request_1=&filter_code_2=WYR&filter_request_2=&filter_code_3=WYR&filter_request_3=&x=0&y=0 "Nonperiodic forced overflow oscillations in digital filters"]. ==Broadcom origins== In 1991, while still working as a professor at UCLA, Samueli co-founded [[Broadcom]] with one of his Ph.D. students, [[Henry Nicholas]]. Each invested $5,000 and initially worked out of Nicholas' Redondo Beach home. They rented their first office in 1992 in Westwood, CA near the UCLA campus and moved to Irvine, CA in 1995 at which time Samueli took a leave of absence from UCLA to be at Broadcom full-time. Broadcom went public three years after that.<ref name="latimesJune242008"/> Samueli still remains on leave from UCLA and he continues to be listed on the Electrical and Computer Engineering Department faculty roster.<ref>{{cite web |url=http://www.ee.ucla.edu/henry-samueli/ |title=Henry Samueli |website=UCLA Electrical Engineering Department |accessdate=November 4, 2017}}</ref> ==Anaheim Ducks ownership== In 2003 the Samueli's purchased the management contract for the Arrowhead Pond of Anaheim sports and entertainment venue, creating Anaheim Arena Management, LLC, to oversee all operations of the arena, and in 2005 they purchased the Mighty Ducks of Anaheim National Hockey League (NHL) club, the arena's largest tenant, from the [[Walt Disney Company]] for $75 million. In 2006, the Samueli's announced the team's name change to the [[Anaheim Ducks]] and the arena's name change to [[Honda Center]]. In 2007 the Anaheim Ducks became the first California team ever to win the Stanley Cup championship. Samueli currently serves on the Executive Committee of the NHL Board of Governors. In 2017 ''Forbes'' reported the Anaheim Ducks were worth $415 million.<ref>{{Cite news|url=https://www.forbes.com/nhl-valuations/list/|title=The Business Of Hockey|work=Forbes|access-date=2017-12-02|language=en}}</ref> In 2015 the Samueli's acquired ownership of the Ducks' [[American Hockey League]] affiliate, the [[Norfolk Admirals (AHL)|Norfolk Admirals]]. They subsequently moved the franchise to [[San Diego]] as part of the AHL's western expansion that year and the team was re-branded as the fourth incarnation of the [[San Diego Gulls]].<ref>http://ducks.nhl.com/club/news.htm?id=750924&navid=DL</ref> ==Philanthropy== After Broadcom went public in 1998 the [http://samueli.org Samueli Foundation] was created. The foundation focuses its giving in the areas of education, health, youth services, and Jewish culture and values. In 2012 the Samueli's joined the [http://givingpledge.org Giving Pledge], initiated by Warren Buffett and Bill and Melinda Gates, whose members pledge the majority of their wealth to philanthropy. Given Henry Samueli's background in engineering and education, some of their earliest philanthropic gifts were in these areas. In 1999 the Samueli's made major donations to the [[UCLA Henry Samueli School of Engineering and Applied Science|UCLA School of Engineering and Applied Science]] and the [[Henry Samueli School of Engineering|UC Irvine School of Engineering]], both of which have since been named after him. A major passion of Susan Samueli is in the areas of complementary and alternative medicine and integrative health and wellness. In 2001 the Samueli's established the Susan Samueli Center for Integrative Medicine at [[UC Irvine]]. They have also supported the research of the John Wayne Cancer Institute in Santa Monica, California, in cancer prevention and treatment.<ref>[http://www.insidephilanthropy.com/guide-to-individual-donors/henry-samueli.html "Henry Samueli"], ''[[Inside Philanthropy]]'' (accessed 2016-01-14).</ref> In 2017 the Samueli's made a transformational $200 million gift to UC Irvine to create the Susan and Henry Samueli College of Health Sciences, a first-of-its-kind College of Health Sciences focused on interdisciplinary integrative health. As part of the gift, the existing Susan Samueli Center for Integrative Medicine was elevated to become the Susan Samueli Integrative Health Institute.<ref>http://www.latimes.com/business/hiltzik/la-fi-hiltzik-uci-samueli-20170922-story.html</ref><ref>https://news.uci.edu/2017/09/18/uci-receives-200-million-gift-to-name-college-of-health-sciences-and-launch-major-integrative-health-initiative/</ref> Some of the other major naming gifts of the Samueli Foundation include the Samueli Theater at the Orange County Performing Arts Center in 2000, the Samueli Jewish Campus in Irvine, CA in 2001, the Sala and Aron Samueli Holocaust Memorial Library at Chapman University in 2003, the Samueli Academy, a public Charter High School in Santa Ana, CA for community, underserved and foster teens in 2013. To date the Samueli's have committed over $500 million to philanthropic causes.<ref>{{Cite news|url=https://news.uci.edu/2017/09/18/a-legacy-of-giving/|title=UCI News - A legacy of giving|work=UCI News|access-date=2017-12-02|language=en-US}}</ref> [[Image:Samueli UCLA.jpg|thumb|right|Henry Samueli School of Engineering and Applied Science at UCLA]] ==Broadcom stock options investigation== During the technology boom in the 2000s, Samueli and Broadcom co-founder Henry T. Nicholas III awarded millions of stock options to attract and reward employees. Prosecutors alleged Samueli and Nicholas granted options to others, including some other top executives, but not themselves, to avoid having to report $2.2 billion in compensation costs to shareholders.<ref name="latimesJune242008" /> In 2006 both the [[Securities and Exchange Commission]] and the Department of Justice began investigating [[Broadcom Corporation]] for [[Options backdating|backdating]] of [[stock options]].<ref>{{Cite web|url=http://www.tmcnet.com/usubmit/2007/02/19/2347891.htm|title=Samueli and Broadcom going different ways|website=www.tmcnet.com|access-date=2017-12-01}}</ref> On May 15, 2008, Samueli resigned as Chairman of the Board and took a leave of absence as Chief Technology Officer after being named in a civil complaint by the SEC.<ref>[http://losangeles.bizjournals.com/losangeles/stories/2008/05/12/daily23.html?ana=yfcpc Broadcom execs charged by SEC, take leave of absence]</ref> On June 23, 2008, Samueli pleaded guilty for lying to SEC for $2.2 billion of backdating. Under the [[plea bargain]], Samueli agreed to a sentence of five years probation, a $250,000 criminal fine, and a $12 million payment to the US Treasury.<ref>[https://news.yahoo.com/s/ap/20080624/ap_on_hi_te/broadcom_samueli Broadcom exec pleads guilty to lying to SEC]</ref><ref>[http://www.law.com/jsp/article.jsp?id=1202422503217 Broadcom Co-Founder Enters Guilty Plea]</ref> Prosecutors focused on the fact that Samueli denied under oath any role in making options grants to high-ranking executives. As part of his plea agreement, Samueli admitted the statement was false, and admitting to being part of the options-granting process.<ref name="latimesJune242008" /> However, an internal Broadcom probe laid the majority of blame on [[Henry Nicholas|CEO Henry Nicholas]] and CFO [[William Ruehle]]. On September 8, 2008, U.S. District Court Judge [[Cormac Carney]] rejected the plea deal that called for Samueli to receive probation, writing: "The court cannot accept a plea agreement that gives the impression that justice is for sale".<ref>[https://sports.yahoo.com/nhl/news;_ylt=Alk7qouDJqZDsKZboRfZSQN7vLYF?slug=ap-samueli-plea&prov=ap&type=lgns Judge rejects plea deal for Broadcom’s Samueli] Associated Press September 8, 2008</ref> 16 months later, on December 10, 2009, Judge Carney, after hearing the testimony of all the witnesses at the trial of CFO William Ruehle, dismissed the case against Samueli (as well as Ruehle and Nicholas), citing Samueli's testimony as well as prosecutorial misconduct.<ref>{{cite news| url=http://www.latimes.com/business/la-fi-samueli10-2009dec10,0,7251404.story | work=Los Angeles Times | title=Judge dismisses charge against Broadcom co-founder | first1=Stuart | last1=Pfeifer | date=December 10, 2009 | accessdate=May 4, 2010}}</ref> In his ruling Judge Carney stated <ref>{{Cite web|url=https://harpers.org/blog/2009/12/broadcom-prosecution-collapses-as-judge-finds-sweeping-misconduct-by-federal-prosecutors/|title=Broadcom Prosecution Collapses as Judge Finds Sweeping Misconduct by Federal Prosecutors|last=Horton|first=Scott|date=2009-12-18|website=The Stream - Harper's Magazine Blog|access-date=2017-12-01}}</ref> "The uncontroverted evidence at trial established that Dr. Samueli was a brilliant engineer and a man of incredible integrity. There was no evidence at trial to suggest that Dr. Samueli did anything wrong, let alone criminal. Yet, the government embarked on a campaign of intimidation and other misconduct to embarrass him and bring him down." He further added in his ruling "Needless to say, the government’s treatment of Dr. Samueli was shameful and contrary to American values of decency and justice." The judge ordered Dr. Samueli's plea agreement to be "expunged" from his record and stated "Dr. Samueli now has a clean slate." ==References== {{Reflist|30em}} ==External links== *[http://www.ee.ucla.edu/faculty-samueli.htm Henry Samueli biography] at the UCLA Electrical and Computer Engineering Department *[http://www.samueli.org/about-us/leadership-staff/ Henry Samueli biography] at the Samueli Foundation *[http://www.samueli.org Samueli Foundation] website {{Anaheim Ducks}} {{NHLOwners}} {{DEFAULTSORT:Samueli, Henry}} [[Category:1954 births]] [[Category:American academics]] [[Category:American billionaires]] [[Category:American communications businesspeople]] [[Category:American people of Polish-Jewish descent]] [[Category:Anaheim Ducks executives]] [[Category:Giving Pledgers]] [[Category:Jewish American sportspeople]] [[Category:Living people]] [[Category:Members of the United States National Academy of Engineering]] [[Category:National Hockey League executives]] [[Category:National Hockey League owners]] [[Category:Sportspeople from Buffalo, New York]] [[Category:Stanley Cup champions]] [[Category:UCLA Henry Samueli School of Engineering and Applied Science alumni]] [[Category:University of California, Los Angeles faculty]] [[Category:American chief technologists]] [[Category:Fellow Members of the IEEE]] [[Category:Fellows of the American Academy of Arts and Sciences]]'
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'@@ -14,5 +14,5 @@ | occupation = | known_for = co-founder of [[Broadcom]]<br> owner of the [[Anaheim Ducks]]<br>philanthropy -| networth = $3.1 billion [[United States dollar|USD]] (September 2016)<ref name=ForbesBillionaires>[https://www.forbes.com/profile/henry-samueli/ Forbes – The World's Billionaires: Henry Samueli], September 2016.</ref> +| networth = $3.8 billion [[United States dollar|USD]] (September 2017)<ref name=ForbesBillionaires>[https://www.forbes.com/profile/henry-samueli/ Forbes – The World's Billionaires: Henry Samueli], September 2016.</ref> | children = Three, Leslie, Jillian and Erin; one grandchild. | spouse = Susan Samueli @@ -27,5 +27,5 @@ In 2017 ''[[Forbes]]'' placed Samueli's net worth at $3.8 billion.<ref>{{Cite news|url=https://www.forbes.com/forbes-400/list/|title=Forbes 400|work=Forbes|access-date=2017-12-02|language=en}}</ref> -He currently resides with his wife Susan in [[Corona del Mar, California]]. +He currently resides with his wife Susan in Newport Beach, California. ==Education== @@ -47,17 +47,15 @@ ==Philanthropy== +After Broadcom went public in 1998 the [http://samueli.org Samueli Foundation] was created. The foundation focuses its giving in the areas of education, health, youth services, and Jewish culture and values. In 2012 the Samueli's joined the [http://givingpledge.org Giving Pledge], initiated by Warren Buffett and Bill and Melinda Gates, whose members pledge the majority of their wealth to philanthropy. -===Health and alternative medicine=== -Samueli and his wife established the Susan Samueli Center for Integrative Medicine at [[UC Irvine]], and the Samueli Institute for Information Biology in Washington, D.C. The controversial activities of both organizations reflect Susan Samueli's interest in [[homeopathy]] and [[alternative medicine]].<ref name=Boodman>Sandra G. Boodman, [https://www.washingtonpost.com/archive/lifestyle/wellness/2005/07/12/probing-edges-of-medicine-and-reality/760a13dd-0d3e-498d-816b-338b8950c7fa/ "Probing Edges Of Medicine—And Reality"], ''[[The Washington Post]]'', July 12, 2005.</ref> They have also supported the research of the John Wayne Cancer Institute in Santa Monica, California, in cancer prevention and treatment.<ref>[http://www.insidephilanthropy.com/guide-to-individual-donors/henry-samueli.html "Henry Samueli"], ''[[Inside Philanthropy]]'' (accessed 2016-01-14).</ref> +Given Henry Samueli's background in engineering and education, some of their earliest philanthropic gifts were in these areas. In 1999 the Samueli's made major donations to the [[UCLA Henry Samueli School of Engineering and Applied Science|UCLA School of Engineering and Applied Science]] and the [[Henry Samueli School of Engineering|UC Irvine School of Engineering]], both of which have since been named after him. -In September 2017, Samueli and his wife made an additional $200M donation to UC Irvine, which renamed its medical and nursing schools as the Susan and Henry Samueli College of Health Sciences and renamed the Susan Samueli Center for Integrative Medicine as the Susan Samueli Integrative Health Institute.<ref>http://www.latimes.com/business/hiltzik/la-fi-hiltzik-uci-samueli-20170922-story.html</ref><ref>https://news.uci.edu/2017/09/18/uci-receives-200-million-gift-to-name-college-of-health-sciences-and-launch-major-integrative-health-initiative/</ref> +A major passion of Susan Samueli is in the areas of complementary and alternative medicine and integrative health and wellness. In 2001 the Samueli's established the Susan Samueli Center for Integrative Medicine at [[UC Irvine]]. They have also supported the research of the John Wayne Cancer Institute in Santa Monica, California, in cancer prevention and treatment.<ref>[http://www.insidephilanthropy.com/guide-to-individual-donors/henry-samueli.html "Henry Samueli"], ''[[Inside Philanthropy]]'' (accessed 2016-01-14).</ref> In 2017 the Samueli's made a transformational $200 million gift to UC Irvine to create the Susan and Henry Samueli College of Health Sciences, a first-of-its-kind College of Health Sciences focused on interdisciplinary integrative health. As part of the gift, the existing Susan Samueli Center for Integrative Medicine was elevated to become the Susan Samueli Integrative Health Institute.<ref>http://www.latimes.com/business/hiltzik/la-fi-hiltzik-uci-samueli-20170922-story.html</ref><ref>https://news.uci.edu/2017/09/18/uci-receives-200-million-gift-to-name-college-of-health-sciences-and-launch-major-integrative-health-initiative/</ref> -===Engineering education=== -[[Image:Samueli UCLA.jpg|thumb|right|Henry Samueli School of Engineering and Applied Science at UCLA]] -Before starting [[Broadcom]], Henry Samueli worked in the department of [[Electrical Engineering]] at the [[University of California, Los Angeles]], and he and his wife subsequently made major donations to the [[UCLA Henry Samueli School of Engineering and Applied Science|UCLA School of Engineering and Applied Science]] and [[Henry Samueli School of Engineering|UC Irvine School of Engineering]], which have since been named after him. +Some of the other major naming gifts of the Samueli Foundation include the Samueli Theater at the Orange County Performing Arts Center in 2000, the Samueli Jewish Campus in Irvine, CA in 2001, the Sala and Aron Samueli Holocaust Memorial Library at Chapman University in 2003, the Samueli Academy, a public Charter High School in Santa Ana, CA for community, underserved and foster teens in 2013. -===Other donations=== -Samueli's donation founded the Sala and Aron Samueli Holocaust Memorial Library at [[Chapman University]], which was dedicated in 2005.<ref name="latimesJune242008"/> The Foundation has also given grants to Tarbut V' Torah, [[Chapman University]], the [[Orange County School of the Arts]] (OCSA), the [[Ocean Institute]], El Viento, [[THINK Together]], Orangewood’s Guardian Scholar Program, [[KOCE]], the [[Discovery Science Center]] and Hope University. +To date the Samueli's have committed over $500 million to philanthropic causes.<ref>{{Cite news|url=https://news.uci.edu/2017/09/18/a-legacy-of-giving/|title=UCI News - A legacy of giving|work=UCI News|access-date=2017-12-02|language=en-US}}</ref> +[[Image:Samueli UCLA.jpg|thumb|right|Henry Samueli School of Engineering and Applied Science at UCLA]] ==Broadcom stock options investigation== During the technology boom in the 2000s, Samueli and Broadcom co-founder Henry T. Nicholas III awarded millions of stock options to attract and reward employees. Prosecutors alleged Samueli and Nicholas granted options to others, including some other top executives, but not themselves, to avoid having to report $2.2 billion in compensation costs to shareholders.<ref name="latimesJune242008" /> In 2006 both the [[Securities and Exchange Commission]] and the Department of Justice began investigating [[Broadcom Corporation]] for [[Options backdating|backdating]] of [[stock options]].<ref>{{Cite web|url=http://www.tmcnet.com/usubmit/2007/02/19/2347891.htm|title=Samueli and Broadcom going different ways|website=www.tmcnet.com|access-date=2017-12-01}}</ref> '
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[ 0 => '| networth = $3.8 billion [[United States dollar|USD]] (September 2017)<ref name=ForbesBillionaires>[https://www.forbes.com/profile/henry-samueli/ Forbes – The World's Billionaires: Henry Samueli], September 2016.</ref>', 1 => 'He currently resides with his wife Susan in Newport Beach, California. ', 2 => 'After Broadcom went public in 1998 the [http://samueli.org Samueli Foundation] was created. The foundation focuses its giving in the areas of education, health, youth services, and Jewish culture and values. In 2012 the Samueli's joined the [http://givingpledge.org Giving Pledge], initiated by Warren Buffett and Bill and Melinda Gates, whose members pledge the majority of their wealth to philanthropy. ', 3 => 'Given Henry Samueli's background in engineering and education, some of their earliest philanthropic gifts were in these areas. In 1999 the Samueli's made major donations to the [[UCLA Henry Samueli School of Engineering and Applied Science|UCLA School of Engineering and Applied Science]] and the [[Henry Samueli School of Engineering|UC Irvine School of Engineering]], both of which have since been named after him.', 4 => 'A major passion of Susan Samueli is in the areas of complementary and alternative medicine and integrative health and wellness. In 2001 the Samueli's established the Susan Samueli Center for Integrative Medicine at [[UC Irvine]]. They have also supported the research of the John Wayne Cancer Institute in Santa Monica, California, in cancer prevention and treatment.<ref>[http://www.insidephilanthropy.com/guide-to-individual-donors/henry-samueli.html "Henry Samueli"], ''[[Inside Philanthropy]]'' (accessed 2016-01-14).</ref> In 2017 the Samueli's made a transformational $200 million gift to UC Irvine to create the Susan and Henry Samueli College of Health Sciences, a first-of-its-kind College of Health Sciences focused on interdisciplinary integrative health. As part of the gift, the existing Susan Samueli Center for Integrative Medicine was elevated to become the Susan Samueli Integrative Health Institute.<ref>http://www.latimes.com/business/hiltzik/la-fi-hiltzik-uci-samueli-20170922-story.html</ref><ref>https://news.uci.edu/2017/09/18/uci-receives-200-million-gift-to-name-college-of-health-sciences-and-launch-major-integrative-health-initiative/</ref>', 5 => 'Some of the other major naming gifts of the Samueli Foundation include the Samueli Theater at the Orange County Performing Arts Center in 2000, the Samueli Jewish Campus in Irvine, CA in 2001, the Sala and Aron Samueli Holocaust Memorial Library at Chapman University in 2003, the Samueli Academy, a public Charter High School in Santa Ana, CA for community, underserved and foster teens in 2013.', 6 => 'To date the Samueli's have committed over $500 million to philanthropic causes.<ref>{{Cite news|url=https://news.uci.edu/2017/09/18/a-legacy-of-giving/|title=UCI News - A legacy of giving|work=UCI News|access-date=2017-12-02|language=en-US}}</ref>', 7 => '[[Image:Samueli UCLA.jpg|thumb|right|Henry Samueli School of Engineering and Applied Science at UCLA]]' ]
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[ 0 => '| networth = $3.1 billion [[United States dollar|USD]] (September 2016)<ref name=ForbesBillionaires>[https://www.forbes.com/profile/henry-samueli/ Forbes – The World's Billionaires: Henry Samueli], September 2016.</ref>', 1 => 'He currently resides with his wife Susan in [[Corona del Mar, California]]. ', 2 => '===Health and alternative medicine===', 3 => 'Samueli and his wife established the Susan Samueli Center for Integrative Medicine at [[UC Irvine]], and the Samueli Institute for Information Biology in Washington, D.C. The controversial activities of both organizations reflect Susan Samueli's interest in [[homeopathy]] and [[alternative medicine]].<ref name=Boodman>Sandra G. Boodman, [https://www.washingtonpost.com/archive/lifestyle/wellness/2005/07/12/probing-edges-of-medicine-and-reality/760a13dd-0d3e-498d-816b-338b8950c7fa/ "Probing Edges Of Medicine—And Reality"], ''[[The Washington Post]]'', July 12, 2005.</ref> They have also supported the research of the John Wayne Cancer Institute in Santa Monica, California, in cancer prevention and treatment.<ref>[http://www.insidephilanthropy.com/guide-to-individual-donors/henry-samueli.html "Henry Samueli"], ''[[Inside Philanthropy]]'' (accessed 2016-01-14).</ref>', 4 => 'In September 2017, Samueli and his wife made an additional $200M donation to UC Irvine, which renamed its medical and nursing schools as the Susan and Henry Samueli College of Health Sciences and renamed the Susan Samueli Center for Integrative Medicine as the Susan Samueli Integrative Health Institute.<ref>http://www.latimes.com/business/hiltzik/la-fi-hiltzik-uci-samueli-20170922-story.html</ref><ref>https://news.uci.edu/2017/09/18/uci-receives-200-million-gift-to-name-college-of-health-sciences-and-launch-major-integrative-health-initiative/</ref>', 5 => '===Engineering education===', 6 => '[[Image:Samueli UCLA.jpg|thumb|right|Henry Samueli School of Engineering and Applied Science at UCLA]]', 7 => 'Before starting [[Broadcom]], Henry Samueli worked in the department of [[Electrical Engineering]] at the [[University of California, Los Angeles]], and he and his wife subsequently made major donations to the [[UCLA Henry Samueli School of Engineering and Applied Science|UCLA School of Engineering and Applied Science]] and [[Henry Samueli School of Engineering|UC Irvine School of Engineering]], which have since been named after him. ', 8 => '===Other donations===', 9 => 'Samueli's donation founded the Sala and Aron Samueli Holocaust Memorial Library at [[Chapman University]], which was dedicated in 2005.<ref name="latimesJune242008"/> The Foundation has also given grants to Tarbut V' Torah, [[Chapman University]], the [[Orange County School of the Arts]] (OCSA), the [[Ocean Institute]], El Viento, [[THINK Together]], Orangewood’s Guardian Scholar Program, [[KOCE]], the [[Discovery Science Center]] and Hope University.' ]
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