Rank #1568
David Fattal & family
Net worth $2.7B
hotels · Israel
- Born
- Jun 22, 1957
- Age
- 68
- Source
- hotels
- Residence
- Tel Aviv
- Citizenship
- Israel
- Marital status
- Children
- 0
- Education
- Bachelor of Social Sciences, University of Haifa
Net worth over time
Biography
- David Fattal founded Fattal Hotels, Israel's largest hotel organization.
- Fattal got his start as a waiter and bellboy and rose through management ranks before starting Fattal Hotels in 1998 at age 41.
- He took the chain's parent company, Fattal Holdings 1998, public on the Tel Aviv Stock Exchange in 2018.
- The company owns 47 hotels in Israel with 9,000 rooms, and manages 255 hotels with a total of more than 50,000 rooms across Israel, Europe and the Mediterranean region.
- Fattal owns about 51% of Fattal Holdings and nearly 9% of Mediterranean Towers, which is also listed on the Tel Aviv Stock Exchange.
Financial assets
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