Israeli Mossad undercover operative, weapons procurer, founder of Regency Enterprises, film producer(Brazil,JFK,Fight Club,see a terrorism theme?), "best friend" of Shimon Peres the Israeli president, ranked the 2nd wealthiest movie-mogul in Hollywood.
"go-between for American weapons manufacturers and the Israeli government, thus playing a major role in the strengthening of the Israeli military,".
Milchan was born on December 6, 1944, on the Zionist settlement of Rehovot, in what was then Palestine, according to his biography in Current Biography (2000). Rehovot, one of the earliest Zionist settlements, was founded in 1890 by Polish and Russian Jews, one of whom was Milchan's paternal grandfather.
Interviewed regarding Milchan's intelligence activities, Israeli President Shimon Peres stated:
"Arnon is a special man. It was I who recruited him.... When I was at the Ministry of Defense, Arnon was involved in numerous defense-related procurement activities and intelligence operations. His strength is in making connections at the highest levels.... His activities gave us a huge advantage, strategically, diplomatically and technologically." (interview dated February 8, 2010, documented in Meir Doronand Joseph Gelman's "Confidential: Secret Agent turned Hollywood Tycoon Arnon Milchan" p. xi).
"In my present position as president, I am restrained from recommending any single individual for our highest defense-related honor, but undoubtedly, Arnon Milchan is worthy of such an acknowledgment, and that’s as close to a recommendation that I, as president, can give."–Shimon Peres, President of Israel.
In 1997 Restless Records was acquired by Arnon Milchan's New Regency Productions. Restless remained a subsidiary of New Regency until 2001, during which time, Restless released titles by Danzig and DEVO. The catalogue of releases by Restless Records includes titles by such Punk Rock bands as:
Aside from setting up arms deals and buying up Punk labels, Milchan also tried to get other Hollywood figures involved in his clandestine work, notably the late director Sydney Pollack, according to a Haaretz report. “Pollack knew, but I didn’t want to scare him because he’s American… He could have said ‘no,” Milchan said. “He said ‘no’ many times, but he also said ‘yes’ many times.”
"He's unique in that way. He's got a credit line that's astronomical, like, you know, almost a billion dollars." Terry Gilliam, the director of Brazil, wondered where the money came from. "Arnon can be great, but when it comes to money there's something - I don't know - bits just don't seem to connect."
Link to SPIN issue:
Great link on Milchan: