Stef Wertheimer

Date of Birth: July 16, 1926

Zodiac Sign: Cancer

Biography

Stef Wertheimer is an Israeli industrialist, entrepreneur, and philanthropist, best known for his significant contributions to the manufacturing industry in Israel. Born in Kippenheim, Germany, he emigrated to Palestine in 1937 to escape the Nazi regime. Wertheimer’s early career involved working at the Israel Aircraft Industries, where he honed his technical skills. In 1952, he founded Iscar, a precision tool-making company, which grew to become a global leader in its field. Known for his commitment to peace and economic development, Wertheimer has established several industrial parks aimed at fostering coexistence and economic collaboration between Jews and Arabs. His efforts in promoting education, technology, and regional economic cooperation have earned him numerous accolades, including the Israel Prize for lifetime achievement.

5 Interesting Facts about Stef Wertheimer

1. Stef Wertheimer is a self-made billionaire who started his business in a small shack in Nahariya, Israel.

2. In 2006, Warren Buffett’s Berkshire Hathaway bought an 80% stake in Iscar, valuing the company at $5 billion.

3. Wertheimer has established several industrial parks in Israel and Turkey to promote peace through economic development.

4. He served in the Palmach, the elite fighting force of the Haganah, during Israel’s War of Independence.

5. Wertheimer is a strong advocate for vocational education and has founded several technical schools.

5 Most Interesting Quotes from Stef Wertheimer

1. “Peace can only be achieved through economic strength and cooperation between nations.”

2. “Education and industry are the keys to a successful and peaceful society.”

3. “I believe in creating opportunities, not just for Israelis, but for everyone in the region.”

4. “Innovation and hard work are the cornerstones of any successful enterprise.”

5. “The future of Israel lies in its ability to integrate and work together with its neighbors.”

Highest Net Worth Achieved

At his peak, Stef Wertheimer’s net worth was estimated to be around $5 billion.

Children

Stef Wertheimer has four children: Eitan, Osnat, Dov, and Daniela. Eitan Wertheimer, his eldest son, has played a significant role in the family business and served as the Chairman of Iscar.