A second Israeli giant is on his way down. After Arkadi Gaydamak, the Russian billionaire, unceremoniously fled the country with his tail between his legs and renounced his Israel citizenship after a miserable failure of an attempt to run for mayor of Jerusalem by courting the Arab vote, Lev Leviev, another Russian billionaire and owner [...]
Jewish billionaire Lev (Levi) Leviev was born in the former Soviet Union, and is known in the Israeli public as a “Russian Oligarch”. Leviev earned his initial fortune in the diamond business, but he has since expended his financial empire to include several telecommunication and real estate companies. Among others, he controls the Russian-Israeli “Channel [...]
Despite a crises in mortgage banks in both the USA and UK, Israel’s top banks revealed substantial profits for the year 2007. Leading the top three was Bank Leumi with a gross profit of N.S. 3.5 Billion. This was followed by Bank Hapoalim with N.S. 2.25 Billion, and Israel Discount Bank with 1.26 Billion.
Spokespersons [...]
The announcement by Billionaire Lev Leviev, one of Israel’s wealthiest citizens, that he and his family are planning to leave Israel is causing reverberations all over Israel, and the Jewish world. Reported destination for Mr. Leviev is London, England, where the businessman and entrepreneur already has varied business interests. He is Chairman of African Israel [...]
Israel is a little country of seven million inhabitants, and with a land area the size of the American state of New Jersey. Yet, despite its diminutive size, it has some of the richest people in the world as its citizens. And now, these super rich billionaires are trying to purchase many of the most [...]
Strange things definitely happen in this world. And one of the strangest things is the sudden decision by Russian billionaire Arcadi Gaydamak to cancel his purchase of 51% of the shares of the non-kosher food chain Tiv Taam. Gaydamak’s previous announced buy-out of Israel’s third largest supermarket chain, albeit non-kosher, and known affectionately by many [...]
Much to the possible chagrin of Bank Hapoalim Chairperson Shari Arison, former Iscar Tool Company head Stef Wertheimer is now Israel’s wealthiest citizen. After his sale of Iscar to American Billionaire Warren Buffet, Wertheimer’s net worth now runs close to $6 billion, putting him ahead of Arison, whose combined assets are ‘only’ at the $5 [...]
I can’t keep up. Too much happening too fast. Arkady Gaydamak (53) is all over the place. I planned to write this piece on this phenomena called Arkady (Arcadi or Arkadi) Gaydamak (an Oligarch) and as I am writing these words there are 2 new news bits that involve the Gaydamak family. This is like [...]
Well it’s here, the New Year, Rosh Hashana or in direct translation “Head of the Year”. According to the the Jewish religion we are now at the eve of the new year and the month of October this year is filled with Jewish holidays. This day also marks the beginning of the ten days of [...]
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