18 families earn a third of private sector income

By JPOST.COM STAFF
Just 18 Israeli families make 32 percent of the total private sector income, according to BDI data published on Monday. In total, the families earn a staggering NIS200 billion a year, an amount equal to 77% of the annual state budget. The Dankner, Ofer, Saban, Weisman and Arison families top the list. These five families alone control some 16% of the economy's business sector profits.