Name
Idan Ofer
Idan Ofer
London, United Kingdom
Israel
drilling, shipping
$4,900,000,000
394
#394 Billionaires 2019
Idan Ofer is one of two sons of shipping magnate Sammy Ofer, who died in 2011 and was once Israel's richest man. Ofer's Eastern Pacific Shipping operates a fleet of over 100 bulk, container and crude oil ships.He also has a controlling 51.5% stake in Israel Corp., a publicly-traded chemicals, energy and shipping conglomerate.Israel Corp. spun off its power, transportation & shipping units into a listed firm called Kenon Holdings in 2015; Ofer is a controlling shareholder.Ofer's Pacific Drilling, a deepwater drilling company, re-listed its shares on the NYSE in Dec. 2018 after filing for bankruptcy a year earlier.
Idan and his brother Eyal split their father's art holdings, a rare collection rumored to include pieces by Van Gogh and Picasso.The Sammy Ofer Centre at London Business School officially opened in September 2017, four years after Idan gave $42 million to school.
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