#1367

Shmuel Harlap

Israel 81 years old

Overview

Source of Wealth
Automotive
Industry
Automotive
Residence
Tel Aviv

Biography

Shmuel Harlap is the chairman and part owner of Colmobil, Israel's largest car importer, which his father acquired in 1962.

He is also an active investor who put $10,000 into automotive tech startup Mobileye in 2001 and eventually acquired a 7.2% stake.

Intel purchased Mobileye for $15.3 billion in cash in 2017, netting Harlap $750 million from the deal, which made him a billionaire.

Harlap continues to invest in Israeli startups, particularly in the cybersecurity, nanotechnology and life sciences industries.

About

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 in political philosophy.