Sammy Ofer dies at 89; Israeli business tycoon
LA Times / Edmund Sanders
04-Jun-2011 (one comment)

Reporting from Jerusalem -- Israeli billionaireSammy Ofer, whose powerful, family-owned conglomerate is under scrutiny for alleged dealings with Iran, died Friday in Tel Aviv after a long illness. He was 89.

Considered Israel's richest man with a family fortune estimated by Forbes at $10.3 billion, Ofer and his brother, Yuli, built Ofer Bros. Group into Israel's biggest private enterprise, with interests in shipping, oil refineries, chemicals, semiconductors, banking and media.

Simorgh5555

Controversial Ofer founder dies

by Simorgh5555 on

Why did the dude have glasses like Bono in U2?  



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