Stef Wertheimer & family
$7.6B
Born
Jul 16, 1926
Age
99
Source of Wealth
Metalworking tools
Residence
Tel Aviv,
Citizenship
Israel
Marital Status
Married
Children
4
Education
- Israeli industrial titan Stef Wertheimer sold two companies in 2013 and 2014; he is now focused on creating peace between Israel and Palestine.
- He builds industrial parks, or "capitalist kibbutzes," in disadvantaged and predominantly Arab regions of Israel in order to promote job creation.
- He sold his metal-cutting company ISCAR to Berkshire Hathaway in 2 stages: 80% for $4 billion in 2006, and the remainder for $2.05 billion in 2013.
- He also founded jet-engine blade maker Blades Technology and sold his 51% stake in 2014 to jet engine maker Pratt & Whitney for an undisclosed amount.
- His family has spent over $100 million to build six Arab workplaces around Israel.
- Wertheimer was honored with the Oslo Business for Peace Award in 2010.
- He founded ISCAR in 1952 in an old shack in Nahariya, a coastal city in Israel, with his wife Miriam.
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