Top 10 Richest People in Israel 2017

9. Gil Shwed – $2.8 billion


Founded in 1993 along with co-founders Marius Nacht and Shlomo Kramer, Gil Shwed made his fortune through Check Point Software Technologies.

After Shlomo Kramer left the group to work at Palo Alto Networks with an engineer from Check Point, Shwed and Nacht steadied the firm against this and other challenges to thrive with a gain of 30% over the last twelve months.

8. Teddy Sagi – $3 billion

Teddy Sagi made his billions through gambling software, creating Playtech in 1999 which made it to the London Stock Exchange in 2006. He also runs Trade FX and SafeCharge, online companies involved in trade and secure payments.

The sale of William Hill Online for $700 million caused his 49% share in Playtech to rise by 30% just over a year ago, solidifying his membership in the billionaire club.