Name
Shmuel Harlap
Primary Residence
Tel Aviv, Israel
Citizenship
Israel
Source Of Wealth
automotive
Net Worth
$1,700,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
1349
Forbes List Rank One: Title
#1349 Billionaires 2019
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Summary
Israeli entrepreneur Shmuel Harlap invested $10,000 in automotive tech startup Mobileye in 2001 and eventually acquired a 7.2% stake.In 2017, Intel purchased Mobileye for $15.3 billion in cash. Harlap netted $750 million from the deal, pushing him in to the billionaire ranks.He is also chairman and part owner of Colmobil, Israel's largest car importer, which his father acquired in 1962. Harlap continues to invest in Israeli startups, particularly in the cybersecurity, nanotechnology and life sciences industries.
Did you know?
While Harlap was fighting in the Six-Day War, his father was persuading Mercedes-Benz to deliver 1,625 trucks to Israel to move supplies. Harlap has a Ph.D from Harvard University in political philosophy.
Age
74
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