Michael Federmann & family
#332

Michael Federmann & family

Israel 82 years old Self-Made

Overview

Source of Wealth
Defense, hotels
Industry
Technology
Residence
Tel Aviv
Marital Status
Married
Children
3

Assets

  • Dan Hotels
    50,946,000 shares @ -
    -
    DANH-IL
  • Elbit Systems
    11,686,000 shares @ -
    -
    ESLT-IL

Biography

Michael Federmann is chairman of Federmann Enterprises, a family-owned private holding company with diversified interests.

Through the family holding group, he owns an estimated 27% of Elbit Systems, a $5.5 billion (2022 sales) defense and homeland security tech company.

He also owns an estimated 44% of Dan Hotels, a publicly traded Israeli hotel chain, through his family holding company.

About

Federmann is president of the Israel-Germany Chamber of Industry and Commerce and an Honorary Commander of the Order of the British Empire.