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Yuli Ofer

Judah "Yuli" Ofer (1924 – 11 September 2011) was an Israeli businessman in real estate and industry, and one of the wealthiest people in Israel. A member of the Ofer family, the annual Forbes magazine's list of The World's Billionaires estimated in 2011 his fortune, together with that of his elder brother Sammy, to be $10.3 billion, ranked him in 2011 as the 79th in wealthiest people in the world, and the wealthiest man in Israel.[3]

Yuli Ofer
יולי עופר
Born1924[1]
Died11 September 2011
Herzliya, Israel
NationalityIsraeli
Occupation(s)Businessman and shipping tycoon
ChildrenDoron Ofer, Liora Ofer
RelativesSammy Ofer (brother)
Idan and Eyal Ofer (nephews)

Life and career edit

Yuli Ofer was born in 1924[1] in Romania. The Ofer family immigrated to Mandate Palestine while Yuli was six months old. The family lived in Haifa. Yuli Ofer served in the Israeli Defense Forces in infantry and ended his relatively long military career at the rank of major. Afterwards he began his business career in Haifa, where he supplied equipment for ships and along with his brother Sammy they both established the Ofer Brothers Group. In 1956 he and Sammy established the shipping company "Mediterranean routes". [citation needed]

During the 1960s and 1970s the Ofer Brothers Group became an international shipping company as Yuli Ofer became in charge of conducting the company's operations in Israel and Sammy Ofer became in charge of conducting the company's international operations. In the 1980s the Ofer Brothers Group began getting into the tanker industry in Hong Kong and Singapore. With time they also established a subsidiary company which focused on cruise ships named "Royal Caribbean". In 1994 the Ofer Brothers were among the purchasers of the controlling interest in the Mizrahi Bank, and in 1999 the family purchased the Israel's largest holding company Israel Corporation and in addition acquired several properties from the Israeli government among them the Oil Refineries in Haifa, Israel Chemicals and Zim Integrated Shipping Services. [citation needed]

Yuli Ofer founded the "Meliseron" company which specializes in real estate and owned several shopping malls in Israel: Ramat Aviv Mall, Renanim Mall, Kiryon Mall and 20 other shopping centers. [citation needed]

In 2002, the Ofer brothers separated their assets: Sammy Ofer's assets in real estate and in the Mizrahi bank was transferred to his brother Yuli, and in exchange Yuli's assets in the Israel Corporation holding company were transferred to Sammy.

Death edit

Yuli Ofer died on 11 September 2011, aged 87 at his home in Herzliya; his brother Sammy Ofer had died a few months prior.[4] Ofer's death sparked an inheritance dispute between his children Liora and Doron Ofer. In 2008 Yuli Ofer had changed his will to leave most of his assets to his daughter Liora.[5]

See also edit

References edit

  1. ^ a b
  2. ^ Magnatul israelian Sammy Ofer, nascut in Romania, a decedat la varsta de 89 de ani
  3. ^ . Forbes. 11 March 2000. Archived from the original on March 16, 2009.
  4. ^ "Yuli Ofer, Israeli Tycoon, Is Dead at 87". The New York Times. Associated Press. 2011-09-14. ISSN 0362-4331. Retrieved 2018-03-20.
  5. ^ Raz, Hila; Coren, Ora (2011-10-17). "Family Feud Heats Up as Yuli Ofer Leaves Most to Daughter". Haaretz. Retrieved 2018-03-20.

External links edit

  • Businessman Yuli Ofer passes away at the age of 87 - published on the Jerusalem Post on September 12, 2011
  • Netanyahu laments death of Yuli Ofer - published on Ynet on September 12, 2011
  • Yuli Ofer, one of Israel's richest men, dies at 87 - published on The Seattle Times on September 12, 2011

yuli, ofer, judah, yuli, ofer, 1924, september, 2011, israeli, businessman, real, estate, industry, wealthiest, people, israel, member, ofer, family, annual, forbes, magazine, list, world, billionaires, estimated, 2011, fortune, together, with, that, elder, br. Judah Yuli Ofer 1924 11 September 2011 was an Israeli businessman in real estate and industry and one of the wealthiest people in Israel A member of the Ofer family the annual Forbes magazine s list of The World s Billionaires estimated in 2011 his fortune together with that of his elder brother Sammy to be 10 3 billion ranked him in 2011 as the 79th in wealthiest people in the world and the wealthiest man in Israel 3 Yuli Oferיולי עופרBorn1924 1 Galați Romania 2 Died11 September 2011Herzliya IsraelNationalityIsraeliOccupation s Businessman and shipping tycoonChildrenDoron Ofer Liora OferRelativesSammy Ofer brother Idan and Eyal Ofer nephews Contents 1 Life and career 2 Death 3 See also 4 References 5 External linksLife and career editYuli Ofer was born in 1924 1 in Romania The Ofer family immigrated to Mandate Palestine while Yuli was six months old The family lived in Haifa Yuli Ofer served in the Israeli Defense Forces in infantry and ended his relatively long military career at the rank of major Afterwards he began his business career in Haifa where he supplied equipment for ships and along with his brother Sammy they both established the Ofer Brothers Group In 1956 he and Sammy established the shipping company Mediterranean routes citation needed During the 1960s and 1970s the Ofer Brothers Group became an international shipping company as Yuli Ofer became in charge of conducting the company s operations in Israel and Sammy Ofer became in charge of conducting the company s international operations In the 1980s the Ofer Brothers Group began getting into the tanker industry in Hong Kong and Singapore With time they also established a subsidiary company which focused on cruise ships named Royal Caribbean In 1994 the Ofer Brothers were among the purchasers of the controlling interest in the Mizrahi Bank and in 1999 the family purchased the Israel s largest holding company Israel Corporation and in addition acquired several properties from the Israeli government among them the Oil Refineries in Haifa Israel Chemicals and Zim Integrated Shipping Services citation needed Yuli Ofer founded the Meliseron company which specializes in real estate and owned several shopping malls in Israel Ramat Aviv Mall Renanim Mall Kiryon Mall and 20 other shopping centers citation needed In 2002 the Ofer brothers separated their assets Sammy Ofer s assets in real estate and in the Mizrahi bank was transferred to his brother Yuli and in exchange Yuli s assets in the Israel Corporation holding company were transferred to Sammy Death editYuli Ofer died on 11 September 2011 aged 87 at his home in Herzliya his brother Sammy Ofer had died a few months prior 4 Ofer s death sparked an inheritance dispute between his children Liora and Doron Ofer In 2008 Yuli Ofer had changed his will to leave most of his assets to his daughter Liora 5 See also editOfer Brothers GroupReferences edit a b Yehuda Ofer Obituaries News The Independent Magnatul israelian Sammy Ofer nascut in Romania a decedat la varsta de 89 de ani The World s Billionaires 132 Sammy Ofer amp family Forbes 11 March 2000 Archived from the original on March 16 2009 Yuli Ofer Israeli Tycoon Is Dead at 87 The New York Times Associated Press 2011 09 14 ISSN 0362 4331 Retrieved 2018 03 20 Raz Hila Coren Ora 2011 10 17 Family Feud Heats Up as Yuli Ofer Leaves Most to Daughter Haaretz Retrieved 2018 03 20 External links editBusinessman Yuli Ofer passes away at the age of 87 published on the Jerusalem Post on September 12 2011 Netanyahu laments death of Yuli Ofer published on Ynet on September 12 2011 Yuli Ofer one of Israel s richest men dies at 87 published on The Seattle Times on September 12 2011 Retrieved from https en wikipedia org w index php title Yuli Ofer amp oldid 1187306329, wikipedia, wiki, book, books, library,

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