Michael Federmann & family

$2.97B

$59.8M (2.1%)

as of 07/02/24

About Michael Federmann & family

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.

Personal stats

Citizenship

Israel

Source of wealth

Defense, hotels

Residence

Tel Aviv, Israel

Marital status

Married

Birth date

09/09/43 (age 80)

Number of children

Self-made

self-made

Michael Federmann & family’s fortune is worth

49K

troy ounces of gold

46K

median U.S. household

30K

median U.S. income

0.059%

U.S. credit card volume

0.012%

GDP of the United States

0.009%

United States debt

Net worth history

Annual ranking

Did you know?

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