Age, Biography and Wiki
Hank Asher was born on 9 May, 1951. Discover Hank Asher's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 62 years old?
| Popular As | N/A |
| Occupation | N/A |
| Age | 62 years old |
| Zodiac Sign | Taurus |
| Born | 9 May, 1951 |
| Birthday | 9 May |
| Birthplace | Indiana, U.S. |
| Date of death | January 11, 2013, |
| Died Place | Boca Raton, Florida, U.S. |
| Nationality |
We recommend you to check the complete list of Famous People born on 9 May. He is a member of famous with the age 62 years old group.
Hank Asher Height, Weight & Measurements
At 62 years old, Hank Asher height not available right now. We will update Hank Asher's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status | |
|---|---|
| Height | Not Available |
| Weight | Not Available |
| Body Measurements | Not Available |
| Eye Color | Not Available |
| Hair Color | Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family | |
|---|---|
| Parents | Not Available |
| Wife | Not Available |
| Sibling | Not Available |
| Children | Desiree Asher, Carly Asher Yoost |
Hank Asher Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Hank Asher worth at the age of 62 years old? Hank Asher’s income source is mostly from being a successful . He is from . We have estimated Hank Asher's net worth , money, salary, income, and assets.
| Net Worth in 2023 | $1 Million - $5 Million |
| Salary in 2023 | Under Review |
| Net Worth in 2022 | Pending |
| Salary in 2022 | Under Review |
| House | Not Available |
| Cars | Not Available |
| Source of Income |
Hank Asher Social Network
Timeline
In 2013, the company Hank Asher founded, TLO, was in bankruptcy court with a claim of liabilities at $109 million. In 2014, TransUnion acquired TLO for $154 million.
In April 2009, Reed Elsevier filed a suit in Palm Beach County Circuit Court which alleged Asher violated his non-compete agreement with the formation of TLO. At the time, Reed Elsevier's attorney, Faith Gay stated, "He is out trying to sell a commercial product. We're seeking damages for any harm that Asher has caused to our customer base...." Asher responded with a counter-suit seeking $1 billion in damages. He said, "This lawsuit is completely without merit, and is a sad and disingenuous attempt to slow down the enormous progress we are making in our efforts to rescue children from sexual predators. I have given my systems to NCMEC for free since 1993. Every child that is rescued because of one of my systems is a paycheck for my soul. The allegation that someday I would charge for this work is insane."
The case was dismissed 15 days prior to the expiration of the non-compete on September 1, 2009. Asher commented "I find it kind of hysterical that they sued me before I competed and the case was dismissed before the non-compete ended."
Asher touted his new company, TLO which stands for "The Last One" as having 100 times the power of his previous inventions. Development started in 2008, and in May 2011, TLOxp came out of preliminary development. Usage reached over 80,000 Law Enforcement Investigators and over 17,000 commercial accounts.
ChoicePoint Public Records filed a lawsuit against Asher and Seisint in 2001 at Palm Beach County Circuit Court, alleging Seisint stole technology, including source code and computer hardware. Asher counter-sued in 2001 in the Fort Lauderdale U.S. District Court alleging unfair business practices by ChoicePoint Director Kenneth Langone and sought more than US$1.6 billion in damages. Both suits were dismissed on March 8, 2005 after ChoicePoint settled with Asher.
While at Seisint, Hank Asher played a leading role in developing the Multistate Anti-Terrorism Information Exchange (MATRIX) datamining system for the Florida Department of Law Enforcement, described as a tool to help state law enforcement officials identify potential terrorists. The MATRIX program was shut down in June 2005 after federal funding was cut in the wake of public concerns over privacy and state surveillance.
Seisint was later sold to Anglo-Dutch publishing giant Reed Elsevier in July 2004, for US$775 million and combined with its own data aggregation subsidiary, LexisNexis. Asher had retained a large stake in the company and said in an interview that he would earn more than $250 million from the sale.
In 2004, Asher formed JARI Research Foundation a philanthropic endeavor to support breakthrough cancer research. The foundation evolved into JARI Research Corporation a year later, in cooperation with the Mayo Clinic. Clinical trials are conducted in the Dominican Republic.
At the height of the 2002 Beltway sniper attacks in the Washington, D.C., area, Asher worked with the FBI utilizing his data fusion invention, the Multistate Anti-Terrorism Information Exchange known as MATRIX to link investigation details to the real identity of John Allen Muhammad. “They produced the list of all his relatives, associates, every place he ever lived," Asher recounts. "The next morning they were in Tacoma, Washington, cutting the stump down that had the projectiles in it that matched the projectiles from the killings." The next evening the snipers were apprehended.
Asher began his cancer research in 2001, when he put together a team of doctors and scientists. He started by philanthropically funding and working with Mayo Clinic scientists on research projects he thought had promise. Simultaneously he started clinical trials in Costa Rica to find a cure for his sister's newly diagnosed disease, Multiple Myeloma.
DBT Online bought Asher out for US$147 million in 1999 after the FBI and the Drug Enforcement Administration suspended their contracts following revelations with Asher's involvements in drug dealing in the Bahamas and concerns that the company could potentially monitor targets of investigations.
After departing DBT Online, Asher founded Seisint in 1999 by merging two companies.
Asher made considerable donations to U.S. political parties and candidates amounting to US$735,000 from 1999 to 2004 including US$505,000 to the Democrats.
Unemployed, Asher began operating as a freelance computer programmer. In 1992, he started a business Database Technologies that used clusters of PCs to provide parallel supercomputing in place of more expensive mainframes and mini computers. His first contract was a data mining application for the insurance industry performed on records bought from the Florida's Department of Motor Vehicles.
In 1982 Asher smuggled cocaine while living in the Bahamas over a seven-week stint, flying to Colombia and Belize in his plane. Later he joined F. Lee Bailey and the Drug Enforcement Administration, convincing other Americans in Bahamas to exit the drug trade. "He was never charged with a crime, but a cloud of negative publicity has hung over his head for years, even prompting his resignation from Seisint's board [in 2003]."
Hank Asher (May 9, 1951 – January 11, 2013) was a businessman best known as "the father of data fusion." With a reported fortune of around US$500 million earned as the founder of several data fusion / data mining companies that compile information about companies, individuals and their interrelationships from thousands of different electronic databases. "He's kind of a legend" among those who use investigative data tools, says Greg Lambert, a legal information specialist.
