The Biggest Family Offices in Israel
A directory of the largest Israeli family offices. Ofer, Azrieli, Wertheimer, Strauss, Tshuva, Federmann, Bino, Sagol, Adelson, Saban, Bronfman, Teddy Sagi and the platforms behind them.
A dozen family names anchor most of Israeli private capital. They control food, hospitality, defence electronics, commercial real estate, banking, shipping, chemicals and consumer goods. None publishes a complete balance sheet. Their footprints surface through public filings, transaction histories and a long trail of named buildings.
This is the directory. Assets under management figures are not reliably comparable across private offices. What follows is a description of platform reach, not a ranking.
Ofer Global and Quantum Pacific
Sammy Ofer's 2011 death divided one of the largest privately held shipping fortunes in the world into two distinct platforms run by his sons. Eyal Ofer operates Ofer Global from London and Monaco, anchored by Zodiac Maritime and by Global Holdings, the family's trophy real estate platform in New York and London. Idan Ofer runs Quantum Pacific from Cyprus, holding his position in ICL Group alongside energy, drilling and a long-standing stake in Atlético Madrid. Combined, the two offices represent the largest pool of Israeli-originated industrial capital deployed offshore.
Azrieli Group
David Azrieli, a Holocaust survivor who trained as an architect in Canada and returned operationally to Israel, built the country's defining commercial real estate platform. The Azrieli towers in Tel Aviv, the Azrieli Center mall, the Sarona and Spiral developments and a portfolio of data centres, senior living and energy assets sit inside a publicly listed but family-controlled group. The 2021 acquisition of Compass Datacenters extended the platform into US hyperscale data centre infrastructure. Daughters Danna, Naomi and Sharon Azrieli anchor governance, with Danna Azrieli holding the chair.
Wertheimer
Stef Wertheimer founded Iscar and built it into one of the most successful precision tool manufacturers in the world. Berkshire Hathaway acquired the business in two tranches, four billion dollars for an eighty percent stake in 2006 and the remaining twenty percent in 2013, in what was at the time Warren Buffett's first significant non-US acquisition. The Wertheimer family has subsequently operated as the most institutional and lowest-profile of the manufacturing dynasties.
Strauss Group
From a small Galilee dairy founded by Hilda and Richard Strauss in the 1930s, the family built one of the largest food companies in Israel and a meaningful global business through Strauss Coffee, the Sabra dips and spreads joint venture, and confectionery. The company is publicly listed and family controlled. Ofra Strauss chaired the group through a critical period of international expansion.
Tshuva and Delek
Yitzhak Tshuva built Delek Group out of a fuel distribution business into a private conglomerate with anchor positions in offshore gas exploration, real estate and, at one point, ownership of the Plaza Hotel in New York, acquired in 2004 for six hundred and seventy-five million dollars in partnership with Kingdom Holding of Saudi Arabia. The group has been through significant deleveraging across the past decade. Tshuva remains one of the most visible private capital actors in the country.
Federmann
Yekutiel Federmann founded Dan Hotels, the largest Israeli-controlled luxury hotel group. His son Michael Federmann and the family hold the controlling block in Dan Hotels alongside a significant position in Elbit Systems, the country's largest publicly traded defence electronics company. The Federmann office sits at one of the most strategically sensitive intersections in Israeli private capital — luxury hospitality and a defence prime contractor.
Bino and FIBI
Tzadik Bino and the Bino family control First International Bank of Israel through Bino Holdings, alongside positions in fuel distribution, energy, retail and real estate. FIBI is one of the country's tier-one banks. The Bino platform is one of the most institutionally stable private holdings of a major Israeli financial institution.
Sagol
Sami Sagol built Keter Plastic into a global household goods manufacturer. The 2016 sale of a majority interest to BC Partners at a reported enterprise value of around one point seven billion dollars, and a subsequent recapitalisation involving PSP Investments, was one of the largest Israeli industrial transactions of the decade. The Sagol family office has since operated as an active allocator across venture, real estate and philanthropy.
Adelson
Sheldon Adelson built Las Vegas Sands into one of the world's largest gaming and integrated resort businesses, with anchor properties in Las Vegas, Macau and Singapore. After his 2021 death the controlling block passed to his widow Miriam Adelson. The Adelson Family Foundation operates a substantial Israel program.
Saban Capital Group
Haim Saban built his first major fortune in children's television and media licensing, and a second in cable and broadcast assets including the 2001 sale of Fox Family Worldwide to Disney at five point three billion dollars. Saban Capital Group operates from Los Angeles.
Bronfman
The Bronfman family, descendants of Samuel Bronfman of Seagram, holds one of the most consequential diaspora-Israel investment and philanthropic footprints. The Andrea and Charles Bronfman Philanthropies, alongside related investment vehicles, has been one of the longest-standing private foundation programs operating across Israeli civic life.
Teddy Sagi and Globe Invest
Teddy Sagi founded Playtech, the gambling software business listed on the London Stock Exchange in 2006, and built one of the largest privately held Israeli-origin fortunes deployed in London real estate through Market Tech Holdings, including the acquisition of Camden Market. His Globe Invest platform now spans real estate, gambling technology and venture capital across multiple jurisdictions.
Other significant platforms
The list above does not exhaust the field. The Steinmetz family in mining and diamonds; the Leviev family across LLD Diamonds and Africa Israel; the Hamburger and Borovich families in transportation; the Ben Dov family in telecoms; the Saidoff family in real estate; the Falic family in duty free and hospitality; the Gindi family across retail and New York real estate; the Mirilashvili family across water technology; and the Naftali, Feldman, Barnett and Sapir groups in New York development each operate platforms of meaningful scale. The Olam will profile these operators in dedicated pieces.
What unites them is a model. A multi-asset holding architecture. A long horizon. A balance sheet that does not need to be disclosed to the market on a quarterly cycle. That model defines Israeli private wealth.
