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Elliot Salkow (1953–2021) was a South African entrepreneur and pioneer in the broadcasting technology sector. He was the founder of Ellies Holdings (Ellies Electronics), a company that significantly influenced the proliferation of television broadcasting in South Africa.
Early life
editElliot Salkow was born in 1953 and grew up in Johannesburg, South Africa with two sisters. He faced early challenges after losing his father at a young age, which motivated him to work diligently to fund and help his mother.[1] Salkow supported himself by selling mirrors and working as a delivery man before embarking on his entrepreneurial journey.[2]
Career
editIn 1979, Elliot Salkow founded Ellies Electronics, initially operating the business from his garage. The company started by selling television aerials, and under Salkow's leadership, it expanded rapidly to become a leading supplier and installer of satellite dishes and decoders.[2]
Throughout his career, Salkow demonstrated a keen understanding of technological trends and market dynamics. He strategically positioned Ellies Electronics to capitalize on the growing demand for broadcasting technologies across South Africa. The company's innovative approach and commitment to quality made it a cornerstone in the country's broadcasting industry.[3]
Under Salkow's leadership, Ellies Electronics expanded its operations and established its headquarters in Eloff Street, Johannesburg. The iconic premises, which also housed The Pyramid Conference and Venue Centre, became synonymous with the company's growth and influence in the broadcasting sector.[2]
Legacy
editElliot Salkow's legacy extends beyond his entrepreneurial achievements. He was known for his generosity, approachable demeanor, and mentorship to colleagues and employees. Salkow's leadership at Ellies Electronics not only shaped the company's success but also inspired a new generation of entrepreneurs in South Africa.[4][failed verification]
In recognition of his contributions, Elliot Salkow was named among the top 10 wealthiest South Africans in the technology sector by the Sunday Times in 2013. His dedication to innovation and commitment to excellence earned him respect and admiration within the industry.[2]
Personal life
editBeyond his professional achievements, Elliot Salkow was described as a private individual who valued family and community. He balanced his career with a commitment to philanthropy, supporting various initiatives aimed at education and community development.[2]
Ellies Electronics career
editAs of reports from 2013, Elliot Salkow's wealth made just from Ellies Electronics is estimated at approximately R880 million, according to the Sunday Times Rich List.[5] His entrepreneurial journey and contributions to the South African technology industry continue to be recognized. [6]
Later years and retirement
editElliot Salkow transitioned to a non-executive director role at Ellies Electronics in 2019 and retired from active management a year later. His decision allowed new leadership to guide the company into its next phase of growth and adaptation in a rapidly changing.technological landscape.[7] After 39 years in the electrical industry, Elliot "Ellie" Salkow, transitioned into renewable energy. In 2019, he established Invest Solar with a vision to empower lives through renewable energy solutions. Invest Solar specializes in distributing PV Solar, backup, and other energy-efficient products tailored for residential, commercial, and informal settlement markets. The company customizes its offerings to meet specific customer needs, delivering high-quality products and services through trade counters, resellers, installers, pop-up stores, and e-commerce platforms [8] Ellie Salkow passed away in 2021 at the age of 68. He is survived by his wife, children, and sisters.[9]
References
edit- ^ "Editorial: End of Ellies is a cautionary tale". Business Live. April 12, 2024. Retrieved July 16, 2024.
- ^ a b c d e "Remembering Ellie Salkow, a pioneer in SA broadcasting - TechCentral". December 30, 2021.
- ^ Hogg, Alec (November 24, 2014). "Ellies chairman Salkow banks R25m "profit" selling shares as price plunges".
- ^ "Listcorp - Clarification on the position of Elliot Salkow".
- ^ "Richest men in SA tech". BusinessTech. Retrieved July 16, 2024.
- ^ "Bekker richest man in SA tech". HumanIPO. Retrieved July 16, 2024.
- ^ "Two well-known South African companies in deep trouble". BusinessTech. Retrieved July 16, 2024.
- ^ "About Us". Invest Solar. Retrieved July 16, 2024.
- ^ "Electronics group Ellies shutting down after a decade". Fullview. Retrieved July 16, 2024.