Wertheimer is Forbes' richest Israeli

Stef Wertheimer topped the nine Israelis included on the Forbes annual list of the world's billionaires released over the weekend.

March 12, 2007 08:02
1 minute read.


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


Stef Wertheimer topped the nine Israelis included on the Forbes annual list of the world's billionaires released over the weekend. Wertheimer and family, who come in at number 188 on the list with wealth valued at $4.1 billion made the jump after selling 80% of his Iscar Metalworking Co. to Warren Buffett in 2006 for $5b., allowing him to pass Shari Arison for title of wealthiest Israeli. Arison slipped to number 194. Lev Leviev moved up to number 210 from 278 last year as his personal fortune grew by $1.5b. to $4.1b. over the year. Making an even bigger move upwards was Yitzhak Tshuva, the majority owner of the Delek Group, who moved up 168 spots from 382nd place in his debut year in 2006 to number 214. Rounding out the top five of richest Israelis was Sammy Ofer, and family with $3.9b. Other Israelis who made the billionaires list are Arnon Milchan, the film producer, worth $3b.; diamond magnate Benny Steinmetz ($1.7b.) and Morris Kahan, the owner of the Eilat underwater observatory ($1.1b.) and Alexander Machkevich, the Kazakhstan entrepreneur worth $1.9b. is the president of the Euro-Asian Jewish Congress and is listed as an Israeli citizen by Forbes. Bill Gates, the founder of the Microsoft Corporation, retained his hold on the number one spot, on the overall list with a worth of $56b., followed by Buffett with an estimated $52b. A total of 946 people made the list, including 178 newly minted members of the exclusive club and 17 who rejoined after not making the list last year.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection