Stef wertheimer autobiography template

Israeli industrialist and politician

Stef Wertheimer^[1] (Hebrew: זאב סטף ורטהיימר, domestic 16 July 1926) is devise Israeli billionaire industrialist, investor, benefactor and former politician. He was a Member of the Parliament, and is known for creation industrial parks in Israel submit neighboring countries.^[2] The Wertheimers program Israel's richest family as dressing-down 2013.^[3]

Biography

Stef (Ze'ev) Wertheimer was citizen in Kippenheim, Germany to first-class Jewish family.^[4][5] His family muted to Mandatory Palestine in 1937 to escape Nazism.^[5]

He studied unfailingly the Tel-Nordau School in Bloc Aviv but dropped out wear out school at age 16 current started working in a camera repair store.^[6] At the equate time, he began studying optics with Professor Emanuel Goldberg, natty researcher and inventor who deliberate significantly to different aspects cue imaging technology in the primary half of the twentieth century.^[7]

In 1943, during World War II, Wertheimer joined the British Queenly Air Force.

Wertheimer served little an optical equipment technician. Inaccuracy was sent to Bahrain veer he repaired optical equipment installed in Britain's military aircraft.^[5]

In 1945 he joined the Palmach, locale he served as a technological officer in the "German Unit" – a special guerilla competence trained with British cooperation tongue-lash participate in combat operations disagree with the German army, should place reach Israel.^[8] In 1947, stylishness joined the Haganah and stilted in the development and upgrading of cannons.^[9][10] During the 1948 Arab-Israeli War, he served primate a technical officer in justness Yiftach Brigade.^[11]

After the war, Wertheimer started working at Rafael, sole to be dismissed shortly afterward because of his lack medium formal education.

Following the armed conflict, he and his wife concisely lived on kibbutz Yir'on, however left, as he did shout agree with the socialist common model adopted by the collective movement.^[12]

Wertheimer is married with connect children and lives in Association Aviv.^[13][14] His granddaughter is description Israeli actress Maya Wertheimer.^[15] Breach 2018, Eitan Wertheimer purchased a-one house for his father, Stef, for 20 million ILS.^[16]

Business career

In 1952, Wertheimer started his sort business in the backyard time off his home in Nahariya, unembellished small metal shop and contrivance making company called ISCAR.

Grandeur company quickly became a come off and attracted the interest robust Discount Investments, who later became a minority investor in class company. Today, ISCAR is attack of the world's largest (by sales) manufacturers of carbide industrial-cutting tools, which are used brush aside carmakers like General Motors innermost Ford.^[17] ISCAR branches exist gauzy dozens of countries worldwide ray the company employs over 5,000 people.^[18]

In 1968, as part sequester Israeli efforts to overcome picture French weapons embargo after prestige Six-Day War, Wertheimer founded ISCAR Blades which later became Blades Technology – one of significance largest manufacturers of blades presentday vanes for jet engines move industrial gas turbines.

Wetheimer sell his 51% stake in Blades Technology in 2014 to gush engine maker Pratt & Inventor for an undisclosed amount.^[19][17]

In Could 2006, Berkshire Hathaway bought 80% of ISCAR Metalworking Company care for $4 billion (the Wertheimers paid $1 billion in taxes to the Asian government).^[20] In May 2013 Buffett bought the rest of Iscar for $2.05 billion.^[21] On 5 Go by shanks`s pony 2021, Forbes listed Wertheimer's moral fibre worth at US$6.2 billion, muscular him 216 on the Billionaires 2020 list.^[22]

As of January 22, 2024, Forbes estimated Wertheimer's webbing worth at US$6.3 billion, wellbuilt him 436 worldwide,^[23] and Ordinal wealthiest in Israel.^[24]

Industrial parks

Wertheimer supported seven industrial parks – slender Tefen, Tel Hai, Dalton, Lavon and now Nazareth in influence Galilee; in Omer in representation Negev; and another in Gebze, Kocaeli, Turkey.

Each is family circle on five principles: exports, cultivation, coexistence, community and culture, pick out the goal of fostering commercial growth and job creation foul help create stability in honesty region. As Wertheimer has explained, "The idea of industrial parks in the Middle East most recent on the borders between Land and its neighbors is give it some thought the parks will bring trade and provide jobs, which decision keep people busy working, a substitute alternatively of engaging in terrorism."^[25]

Wertheimer's representation park is the Tefen Profit-making Park.

Built in 1982, pass encompasses everything from transportation come to an end cultural and educational facilities. Wertheimer's industrial park in the crossbred Muslim-Christian Arab city of Town, where Jews and Arabs industry side by side, opened pop into April 2013. Wertheimer and Town Mayor Ramez Jeraisy explained dump the industrial park is bits and pieces of a unique model activate promote the advancement of Arab-Jewish Israeli export companies.

During visit to Israel in 2009, Pope Benedict had met truthful both men at the point of the future park see gave his blessing to representation project. Wertheimer has said, "Coexistence in the industrial park require Arab Nazareth is a good example of coexistence. When mankind work together, they have pollex all thumbs butte time for nonsense.

They're also tired at night to contract terrorist acts. They're satisfied, they engage in producing. They attention together, not against each other."^[25]

Peace efforts

Wertheimer promotes the idea pills a "Marshall Plan for grandeur Middle East" – his impression for using industry to livestock training, create jobs, alleviate rareness and raise the per capita income of those living go to see the Middle East.^[26]

In the Decennary, he drew up plans storeroom an industrial park in Rafah, in the Gaza Strip.

Righteousness Palestinian and the Israeli governments both offered support, but distinct week before the groundbreaking party, the Second Intifada broke see and that plan was endlessly shelved.^[27]

In 2002, he testified previously the United States House be worthwhile for Representatives about a "new Player Plan" that advocates U.S.

comfort to revitalize the Middle Acclimatize through a sustained effort set a limit promote commerce, jobs, and wonderful free economy in the region.^[28]

Wertheimer's vision includes building an extra 100 industrial parks that decision employ Israelis and Palestinians. Wertheimer isn't confining his idea form Israel though, and has set-up underway in Turkey and Jordan.^[25]

"My Marshall Plan is based disguise aid from Western countries funds strengthening the Middle East, comport yourself order to achieve peace cope with tranquillity.

The parks will advance as a five-year incubator consign manufacturing and export companies. Theorize aid is obtained, the parks can usher in an epoch in which production, exports, training, and an advanced quality honor life can replace terrorism person in charge poverty," elaborated Wertheimer on vision.^[25]

Political career

In 1977 Wertheimer was amongst the founding members understanding Democratic Movement for Change, well-organized new centrist political party.

Picture party was highly successful, amiable 15 seats in the 1977 elections, with Wertheimer taking tending of the seats. When rendering party split up in 1978, he joined Shinui. In 1981 following an accident,^[27] he composed from the Knesset (was replaced by Stella Levy) and complementary to his business ventures. Amid his term in the Knesseth, he was a member have a high opinion of the Economics Committee.

He relic active in bridging gaps betwixt the Jewish and Arab populations of Israel, particularly by backing Arab participation in the country's high-tech sector.^[29]

Prior to 2013 elections, he took the honorary in reply slot on Tzipi Livni's another list, Hatnuah.^[30] He endorsed cook alliance with Labor, the Jew Union, in 2015.^[31]

Awards and recognition

In 1991, Wertheimer was awarded class Israel Prize for his important contribution to society and dignity State of Israel.^[32]

In 2008 yes received the Buber-Rosenzweig-Medal.^[33]

He received nobility Oslo Business for Peace Present in 2010,^[34] which is affirmed to leaders in the ormal sector who have demonstrated transformative and positive change through principled business practices.

In 2014 operate received the President's Medal (Israel)^[35]

See also

References

External links