#1830

David Fattal & family

Israel 69 years old Self-Made

Overview

Source of Wealth
hotels
Industry
Service
Residence
Tel Aviv
Education
University of Haifa (Bachelor of Social Sciences)

Assets

  • Fattal Holdings
    8,380,000 shares @ -
    -
    FTAL-IL
  • Mediterranean Towers Ltd
    13,683,000 shares @ -
    -
    MDTR-IL

Biography

David Fattal founded Fattal Hotels, Israel's largest hotel organization.

Fattal got his start as a waiter and bellboy and rose through management ranks before starting Fattal Hotels in 1998 at age 41.

He took the chain's parent company, Fattal Holdings 1998, public on the Tel Aviv Stock Exchange in 2018.

The company owns 47 hotels in Israel with 9,000 rooms, and manages 255 hotels with a total of more than 50,000 rooms across Israel, Europe and the Mediterranean region.

Fattal owns about 51% of Fattal Holdings and nearly 9% of Mediterranean Towers, which is also listed on the Tel Aviv Stock Exchange.