Rank #324
Michael Federmann & family
Net worth $10.4B
Defense, hotels · Israel
- Born
- Sep 09, 1943
- Age
- 82
- Source
- Defense, hotels
- Residence
- Tel Aviv
- Citizenship
- Israel
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- 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.
Financial assets
| Exchange | Ticker | Shares | Price |
|---|