Jerusalem – Yuli Ofer, One of Israel’s Richest Men, Dies At 87

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    FILE - In this Aug. 28, 2007 photo Israeli business tycoons Yuli Ofer, left, and his brother Sammy Ofer, right, attend a cornerstone laying ceremony for a medical center they donated the money for at a Tel Aviv hospital. Yuli Ofer, one of Israel's richest men, has died on Sunday, Sept. 11, 2011 at age 87, just months after the death of his longtime business partner and brother, Sammy Ofer. (AP Photo/Moti Kimhi, Haaretz) ISRAEL OUTJerusalem – Yuli Ofer, one of Israel’s richest men, has died at 87— just months after the death of his longtime business partner and brother, Sammy Ofer.

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    The two built a sprawling business empire that included holdings in international shipping, real estate, chemicals and banking. They divided up their assets in recent years, but media have reported their joint worth ranged from $4 billion to $10 billion.

    The family released a statement saying Yuli Ofer died at his home Thursday night. Funeral arrangements were not announced.

    Ofer had emigrated from Romania with his family in 1924.

    Earlier this summer, the U.S. government sanctioned Sammy Ofer’s company, Ofer Brothers Group, for selling an oil tanker to Iran through a Singapore subsidiary, in violation of U.S. trade restrictions on Tehran.


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    10 Comments
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    12 years ago

    shame on him for supporting our enemis,

    y did only the US , not Israel = put on him sanctions?????

    skvererebbe
    skvererebbe
    12 years ago

    “aich nafal shalheves boarozim” ! BD”E we will miss them truely ! “umocho hashem dimoh mayal kol ponim ” !

    Mikerose
    Mikerose
    12 years ago

    The brother on the right looks dead already