Portrait of Shmuel Harlap

Rank #1355

Shmuel Harlap

Net worth $3.2B

Automotive · Israel

Born
Nov 13, 1944
Age
81
Source
Automotive
Residence
Tel Aviv
Citizenship
Israel
Marital status
Children
0
Education

Net worth over time

Biography

  • Shmuel Harlap is the chairman and part owner of Colmobil, Israel's largest car importer, which his father acquired in 1962.
  • He is also an active investor who put $10,000 into automotive tech startup Mobileye in 2001 and eventually acquired a 7.2% stake.
  • Intel purchased Mobileye for $15.3 billion in cash in 2017, netting Harlap $750 million from the deal, which made him a billionaire.
  • Harlap continues to invest in Israeli startups, particularly in the cybersecurity, nanotechnology and life sciences industries.
  • While Harlap was fighting in the Six-Day War, his father was persuading Mercedes-Benz to deliver 1,625 trucks to Israel to move supplies.
  • Harlap has a Ph.D from Harvard in political philosophy.