Michael Federmann & family
$8.5B
Born
Sep 09, 1943
Age
82
Source of Wealth
Defense, hotels
Residence
Tel Aviv,
Citizenship
Israel
Marital Status
Married
Children
3
Education
- Michael Federmann is chairman of Federmann Enterprises, a family-owned private holding company with diversified interests.
- Through the family holding group, he owns an estimated 27% of Elbit Systems, a $5.5 billion (2022 sales) defense and homeland security tech company.
- He also owns an estimated 44% of Dan Hotels, a publicly traded Israeli hotel chain, through his family holding company.
- Federmann is president of the Israel-Germany Chamber of Industry and Commerce and an Honorary Commander of the Order of the British Empire.
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