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Yavqo
Billionaire Index

A daily ranking of the world's richest people

Last updated: November 11, 2026 · $11.70T tracked

Methodology

No. 390Israel

Michael Federmann & family

Defense, hotels · Tel Aviv

Net worth

$9.4B

Today

−$137M−1.44%

Past month

+$679M+7.83%

As of Nov 11, 2026, 1:50 PM EST

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.

Net worth over time

+7.83%+$679M over the past month
$10B$9B$9B
Oct 12Nov 11

Principal holdings

3 positions
CompanyShareValue

Elbit Systems

TEL AVIV: ESLT-IL

91.8%$8.6B

Private and other holdings

4.2%$394M

Dan Hotels

TEL AVIV: DANH-IL

4.0%$372M

Also known for

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