Name
Michael Federmann
Michael Federmann
Tel Aviv, Israel
Israel
defense, hotels, Self Made
$1,800,000,000
1605
#1605 Billionaires 2019
Michael Federmann is chairman of Federmann Enterprises, a family-owned private holding company with diversified interests.Through the family holding he owns an estimated 23% of Israeli-based Elbit Systems, a $3.4 billion (2017 sales) defense and homeland security company.He also owns an estimated 36% of Dan Hotels, a publicly-traded Israeli hotel chain.
Federmann is president of the Israel-Germany Chamber of Industry and Commerce and an Honorary Commander of the Order of the British Empire.
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