Top 10 Richest People in Israel 2017

7. Beny Steinmetz – $3.3 billion

Beny Steinmetz is another billionaire involved in controversy, after he acquired rights to a gigantic iron ore reserve for free from a former dictator in Guinea.

Steinmetz then sold the property to Vale, a Brazilian mining company, reaping a tidy profit of $2.5 billion, $500 million of which he’s received. He started his business career with his dad’s diamond company and is now the chairman of Steinmetz Diamond Group.

6. Yitzhak Tshuva – $4.1 billion

As a self-made billionaire whose family arrived in Israel from Libya when he was a baby, Yitzhak Tshuva began his climb by developing low-income real estate before diversifying his holdings, eventually benefiting from his properties in London and Manhattan.

His energy company, Delek Group, recently became involved in an Australian natural gas reserve, causing their value to rise rapidly, which doubled Yitzhak’s net worth in about a year.