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Richest People in Israel

2. Stef Wertheimer – Net worth: $5.3 billion

 

Born on July 16, 1926, the 88-year-old German-born Israeli business magnate and former politician has a net worth of $5.3 billion, which makes him the second richest man in Israel.

In 1977, he was among the founding members of Democratic Movement for Change, a new centrist political party which won 15 seats in the 1977 elections, with Stef Wertheimer taking one of the seats.

Warren Buffett’s Berkshire Hathaway paid $2.05 billion for 20% of Stef Wertheimer’s Iscar in May 2013, helping boost the billionaire’s fortune by nearly $1 billion from a year ago.

Stef Wertheimer has invested more than $100 million in his own method of creating a lasting peace between Israel and the Palestinian territories.
And these efforts brought the billionaire the Oslo Business for Peace award in 2010.

NEXT: #1 Eyal Ofer

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