BREAKING NEWS

13 Israelis make 'Forbes' billionaires list

By NADAV SHEMER

MARCH 8, 2012 14:59

Thirteen Israelis appeared on Forbes Magazine’s annual list of global billionaires on Thursday, led by brothers Idan and Eyal Ofer – who ranked 161st and 173rd with respective fortunes of $6.2 billion and $5.8 billion.

The two brothers split the inheritance equally after their father, shipping magnate Sammy Ofer, died in June 2011. But Forbes ranked Idan higher than his older brother, as it was able to confirm Idan’s public stakes in Israel Corp. and Pacific Drilling, but applied more conservative valuations to Eyal’s less transparent private holdings.

A record 1,226 individuals with a combined worth of $4.6 trillion made this year’s list. Mexican telecom mogul Carlos Slim Helu ranked first with $69 billion, ahead of Microsoft co-founder Bill Gates ($61b.) and Berkshire Hathaway CEO Warren Buffett ($44b.) – whose portfolio includes Israeli metalworking tool company Iscar.

Pro-Palestinian protesters occupy Amsterdam university overnight

By REUTERS

05/08/2024 09:01 AM

Zelensky: Russia used over 50 missiles and 20 drones in attack

By REUTERS

05/08/2024 08:47 AM

Protesters block traffic in Ayalon north, call for a hostage deal

By JERUSALEM POST STAFF

05/08/2024 08:08 AM

IDF strikes Hezbollah targets in six areas of southern Lebanon

By JERUSALEM POST STAFF

05/08/2024 08:06 AM