Three Israelis featured on 'Sunday Times' list of 50 richest people in UK

The highest ranking Israeli is located in ninth place - Roman Abramovich.

May 14, 2019 09:38
1 minute read.
Chelsea owner Roman Abramovich

Chelsea owner Roman Abramovich. (photo credit: REUTERS/JOHN SIBLEY)


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A Sunday Times report revealed three Israelis ranked among UK's top 50 richest people, according to the Algemeiner.

The highest ranking Israeli is located in ninth place. Roman Abramovich, mostly known for being the owner of Chelsea F.C., which is among the English Premier League's top teams. Abramovich's wealth is measured at $14.6 billion, making his fortune from investments in the gas and oil industry.

Abramovich’s decision to immigrate to Israel and receive citizenship in 2018 came amid a wave of reports in the British press that his work visa in Britain had expired, prompting him to move to Israel. However, a source told the Post that Abramovich had been planning to make aliyah for a long time.

Abramovich has worked extensively with his team, Chelsea FC, to tackle and eradicate antisemitism. Chelsea scheduled a charity match titled 'Say No to Antisemitism' with New England Revolution to be taken place on May 15. The Revolution is owned by Robert Kraft who is known for being the owner of Superbowl champions the New England Patriots.

Ranked in the 43rd spot is Idan Ofer, son of Israeli shipping tycoon Sammy Ofer. The senior Ofer's name is famous in Haifa due to Haifa's International Stadium being named after him after the late Israeli billionaire donated $20,000,000 to build the stadium. The stadium hosts home games for Maccabi Haifa and Hapoel Haifa F.C.

Idan Ofer operates mainly in the domains of shipping, drilling, and mining, but also owns the Club Atletico de Madrid, which is positioned at second place in the La Liga, Spain's top soccer league. Ofer's wealth is estimated at $4.55 billion.

The third and last Israeli featured in the list is Teddy Sagi, ranked at 47th place. Sagi is known as the founder of Playtech, an online gambling software developer, although Sagi sold the latest of his shares in the company at the end of 2018.

Sagi also owns LabTech investments, and London's famous Camden Market. Sagi's wealth is measured at $3.99 billion.

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