#1271

Shlomo Eliahu

Israel 90 years old Self-Made

Overview

Source of Wealth
Insurance
Residence
Tel Aviv
Marital Status
Divorced
Children
4

Assets

  • MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD.
    481,200,000 shares @ -
    -
    MGDL-IL

Biography

Shlomo Eliahu owns about 45% of Migdal, a leading insurance and finance group in Israel.

Eliahu grew up poor and, in 1950, emigrated with his family from Iraq to Israel, where he went from living in a transit camp to founding an underwriting agency.

His Eliahu Insurance Company was the country's first insurance company.

Politically active, Eliahu served as a member of Israel's parliament from 1978 to 1981 and was chairman of the finance committee.