OneJerusalem.com

a different side of Israel

Tag: Shari Arison

Israel’s Green Business Tycoon

Shari Arison
Mazal Tov to Shari Arison! Forbes recently unveiled a list of the “Top 10 Greenest Billionaires.” The Israeli heiress to the Carnival Cruise Line was included.

For Arison, profits and environmental sustainability are not opposing forces at all. Being environmentally friendly actually has increased her companies’ success.

In an interview with BusinessWeek she said,

“Sustainability is the key to our survival on this planet and will also determine success on all levels.”

Arison’s net worth is 3.4 billion dollars thanks to her lucrative companies such as Miya, a water company based on technology which eliminates water loss in transit.

While her father, from whom she inherited Carnival Cruise, was still living, the now 52-year-old tycoon did her best to stay out of the limelight. When she inherited a large chunk of the company in the late 90’s all of this changed.

Ms. Arison chose to focus her attention on the two largest assets in the estate: Bank Hapoalim, which is now Israel’s second-largest financial institution; and Housing & Construction Holding, the Jewish Country’s biggest construction firm.

Last year, Arison published a book in Israel in which she talks about her spiritual journey and lays out a vision for how to save the planet.

Now the english translation of her book, When the Spiritual and the Material Come Together, has been released in the U.S.

Arison holds that it is possible for businesses to succeed while benefitting their natural surroundings; and economies can thrive if they would only take the environment into consideration.

Arison has sold off her personal jet and yacht, switched to a hybrid automobile, and she even ordered a retrofit of her home to make it more environmentally friendly.

About her company, Housing & Construction she says:

“Within five years it will be a 100%-green company.”

The construction giant is taking steps in this direction by planning and building Israel’s first “green” neighborhoods in Kfar Saba and Netanya, and a huge shopping mall in Beer Sheva which takes into account the city’s desert conditions.

Her start-up, the Luxembourg based Miya, which she launched in 2006 is underwritten with $100 million of her own money. This is a consulting and audit company which advises municipal water utilities on how to reduce leakage from underground pipes.

Shari Arison: It’s time people knew who I really am

The wealthiest woman in Israel tries to change her image. She is coming out with a new book, and, in its honor, breaks from her usual solitude and agrees to an interview. On her divorce from Ofer Glazer: “I love him but we’ve closed the circle”. On Dankner: “They’ve hung a man in the village square without a trial”. And on her yacht and the rosy future she predicts for herself, after she predicted the economic crisis. (Mako, Emanuel Rosen)

Shari ArisonAt 51, Shari Arison appears to have it all. She has a bank, she has billions. She is the wealthiest woman in Israel and she works nonstop, contributing, active, and still, Arison feels she’s missing out on something. She doesn’t have our love. She wants us to know her as she really is, and not the image created of an estranged, yet glowing, satiated woman. Perhaps the new book she has written, Birth, will accomplish this for her.

“I think I simply felt the time has come for me to be heard, who I really am”, she explains her decision to publish the book. “My book speaks in my voice and people will get to know me.”

Arison writes in her book that she has wanted people to admire her all her life, and it hasn’t happened. She feels exploited, a victim who gives but does not receive. “I am a person who gives a lot of herself”, she says, “and at some point, when you give and give and give and don’t get any back, or the opposite – get back only cynicism and ill will – then you feel empty and used and unappreciated”.

She wishes to free herself from her famous yacht, perhaps the symbol of her wealth. “It’s not for me,” she tries to explain. “For a while I enjoyed it and then I went through a period of torment. I realized I didn’t enjoy all the fuss surrounding it”. The economic crisis created an opportune excuse for her to look for a buyer. The problem is that there aren’t any buyers right now.
Bank of Israel’s insistence on dismissing its Chairman of the Board (Bank HaPoalim), Dani Dankner, she still doesn’t understand. “I think Dani was a wonderful Chairman”, she says. “I didn’t see a justification for what they are doing to him, but besides that, I think the global economic crisis occurred largely due to a loss of values. I don’t think one can hang a person in the village square without a trial or without any reasons I can see”.

Arison tries to explain why she changed her custom of keeping herself far from the camera’s eye in this story. “I am a person and first and foremost I am true to myself,” she says. “I sat quietly while everyone had their say in the newspapers and on TV, whether it was truth or lies and I said: “That’s it, I have something to say and I’m going to come out and say it'”.

The wealthiest woman in Israel claims she foresaw the global economic crisis. “I’ve been receiving messages, call them spiritual communications, for many years”, she tries to explain. “I see things, many things, before they happen. Apparently I’ve been granted this gift, to see the future, not in order to run and buy and sell and make a lot of money, but in order to bring the world to another place”.

She receives these messages, she claims, in images or words, sometimes during sleep. “I received a message that there would be a global economic crisis, that people would begin to go crazy, and we have seen that”, she says. “More and more people are going crazy, it’s amazing”.

These messages also bring hope. “Things will be good afterwards,” she predicts. “I think we are nearing salvation. Right now, it seems like we are in the dark, but light will follow”.

She is also now willing to speak about her father, Ted Arison. “At first, my father didn’t want to leave his businesses to me”, she admits. “Today I understand that it was out of concern. My father’s view towards his daughter was very subjective; he felt that I should stay home with the children. I thought he thought I wasn’t good enough, that I wasn’t deserving enough, but I now understand that this wasn’t true”.

Along with these stormy times, Arison has also had to face the scandal of her divorce from Ofer Glazer a few weeks ago. It was the last stop in a stormy relationship that fueled the press, particularly embarrassing stories – the height of them – her husband’s conviction in two acts of indecent assault and his going to prison.

“We got along well together from the very first moment”, she testifies. “I loved him very much. I love him very much, it was great fun and I learned a lot. I learned to laugh with all my heart, to enjoy, to do major things that are against my nature.”

She describes Glazer as a great hedonist, who loves to travel and have fun. “He likes everything in extravagance”, she says and points out the difference that perhaps brought about the crisis. “I’m very modest, very shy, very introverted. It was good for me”.

So how did it end? “I went through a very important period with Ofer, but we eventually closed the circle”, she says. “I guess I got what I was meant to have, and he got what he was meant to have, and now both of us have to move on”.

She stands behind him regarding the sexual charges he was convicted of. “He was done an injustice”, she says. “I was at home, I was a witness. Nothing happened”.

So who is Shari Arison, besides the woman and her wealth? “I have a lot to offer, and it isn’t money”, she says. “Shari Arison is a business woman, Shari Arison is a philanthropist, Shari Arison has a generous heart. I have a lot to offer”.

OUCH! Bibi does it Again!

In what many people are considering to be a shocker, the Netanyahu government’s Finance Ministry announced their proposed economic plan on Thursday. The Finance Minister, Yuval Steinitz (or is it really Bibi with Steinitz only filling the position as a “stooge” for Netanyahu), presented the new budget, which includes some changes that are reminiscent of Netanyahu’s previous stint as finance minister during Ariel Sharon’s term in 2005. Some of the new budget changes include:

1. A sharp 10% reduction in child allowances with an aim to “equalize” the amount a family receives for each child from National Insurance. This will severely hurt religious families, and has enraged Shas Party members, who agreed to join the Netanyahu government in the first place when he agreed to their demands, including those involving child allowance.

2. Reducing the Defense Ministry’s budget by NS 2.5 million and forcing the IDF to raise its retirement age for career soldiers as well as the amount of pensions received (sorry guys and gals, no more “golden parachutes” at age 45).

3. More restrictions on persons filing for unemployment: persons up to age 35 will only receive benefits for 45 days; 35-45 for 60 days; and over 45 for 90 days. When asked what people will do with so few jobs available, the answer was: Well, there’s gas stations, supermarkets, and “yesh neshek?” (the “do you have a gun?” question security guards ask people going into shopping malls, etc.).

4. Benefits for pensions and disability payments will be “frozen” until the end of 2010 with no cost of living raises, etc.

5. And, something that everyone who has to spend time in a hospital will feel: 50 NIS ($12) daily surcharge for each day spent in hospital (people won’t be so keen to stay there long, especially elderly people on limited incomes). And this sum is in addition to all other “out of pocket” amounts due.

All of this couldn’t have come at a worst time for most people with more than a quarter million Israelis “officially” unemployed and everyone feeling the sharp sting of this current recession (especially Bank Hapoalim’s head Shari Arison, who in addition to all her other problems is now planning to divorce her current husband, Ofer Glazer – yeah, that guy who spent some time in jail for “bothering” a female employee on Arison’s yacht. Shari may have to sell that too, to raise some badly needed cash).

All in all, it doesn’t bode well for us simple folk who are just trying to keep from drowning in very deep financial waters.

© 2017 OneJerusalem.com

Theme by Anders NorenUp ↑