Israeli Billionaire Idan Ofer Wiki, Age, Wife, Kids, Net Worth and More

All About Israeli billionaire Idan Ofer

Idan Ofer (age 68, born October 2, 1955) is a well-known Israeli investor and philanthropist. He is considered one of the wealthiest people globally, ranking 121st on that list. He’s the person behind Eastern Pacific Shipping and leads Quantum Pacific Group, an important company that owns other businesses.

In the financial world, Idan has a big influence. He owns a lot of shares in Israel Corporation and Kenon Holdings, both of which are listed on stock exchanges in Tel Aviv and New York. He’s also the owner of two major companies, Lynav Holdings in Israel and Ansonia Holdings in the Netherlands.

Idan and Batia Quits Harvard Board After Students’ Pro-Palestine Letter

In recent news, Idan Ofer and his wife, Batia Ofer, have resigned from their positions on Harvard’s Kennedy School’s board of directors. Their decision came after they expressed dissatisfaction with the way Harvard’s President, Claudine Gay, responded to a letter from students. This letter held Israel responsible for a tragic event caused by Hamas terrorists.

Batia Ofer explained their decision, saying, “We resigned to protest the university president’s response, which we found shocking and insensitive. She did not condemn the student organizations that placed the sole responsibility for the violence on Israel, despite the obvious complexity of the situation.”

Before this resignation, the Ofers had been generous donors, contributing 8 million shekels to the Brothers for Peace organization. However, they have now also withdrawn a multi-million dollar donation they had intended to give to Harvard.

Idan and Batia Ofer, who are the owners of the company ICL, decided to step down in protest due to their dissatisfaction with the university president’s handling of the letter from 31 student organizations, which attributed full responsibility to Israel for the violence.

Idan Ofer’s Married Life

According to different sources, Idan Ofer has been married four times. His first marriage was to a woman named Orly, but sadly, it didn’t last. After that, he married Romi Ben Ami and Yifat Gurion, but both marriages ended in divorce. Currently, Idan Ofer is married to Batia Perry.

Batia is an active and well-known philanthropist, especially recognized in the U.K., where she focuses on supporting culture and education. She holds important roles, like being a trustee at the respected Royal Academy of Arts in London and being a valued member of the International Council for Sotheby’s.

Batia also supports the V&A museum. Together, as a couple, they set up the HKS Sammy Ofer Graduate Fellowship Fund, providing scholarships for Israeli and Palestinian students at the Harvard Kennedy School in Cambridge, Massachusetts.

Batia is also actively involved in academic matters, being a member of the Dean’s Executive Board for HKS. Alongside her educational engagement, Batia plays a significant role as a patron for the Make-A-Wish Foundation. She served as president of the Israeli chapter in the past and has been actively involved with the U.K. chapter since 2015.

Idan Ofer Family Background

On October 2, 1955, Idan Ofer (age 68) was born in Haifa, Israel. His family was deeply involved in the shipping industry. His father, Sammy Ofer, was a big name in shipping and had come from Romania to Israel. Idan also had an older brother, Eyal Ofer, who was a successful businessman.

They all lived in Haifa, and their roots trace back to Ashkenazi Jewish heritage. When Idan was young, he served in the Israeli Navy as part of his mandatory military duty. He worked his way up to become the deputy commander of a patrol boat.

Afterward, he pursued higher education at the University of Haifa in Israel, where he earned a Bachelor of Science in Economics and Shipping. Later, during the 1980s, he continued his studies and completed a Master’s in Business Administration at the prestigious London Business School.

Idan Ofer is 127th Richest in the World

Idan Ofer’s business journey began in the 1980s when he helped expand the family shipping business in Hong Kong. He later applied his expertise in Singapore and the United States. In 1987, he established Eastern Pacific Shipping, a significant milestone in his career. Idan is a key figure in the business world. He leads the Quantum Pacific Group, a major holding company based in Guernsey.

He also has a significant role in the Israel Corporation, one of the biggest publicly listed holdings on the Tel Aviv Stock Exchange. Notably, he was Chairman of the Israel Corporation from 1999 to 2010 and remained an important member of its board of directors from 1999 to 2013. Over the years, Idan’s influence has extended across different industries.

He provided guidance at Synergy Ventures and Aspect Enterprise Solutions. He also invested in Better Place, an electric car company that unfortunately went bankrupt in May 2013. In 2014, Idan started Kenon Holdings, a separate company from the Israel Corporation, focusing on growing businesses in the automotive and energy sectors.

Kenon Holdings inherited some previous investments, including Qoros, a collaboration with Chery Automobile manufacturing cars for a young, international market in China. Other notable investments include Zim Integrated Shipping Services, IC Power, and Inkia Energy, a subsidiary of IC Power and a Peruvian energy company.

Idan’s influence goes beyond business. He provides advice to the Council on Foreign Relations and the Dean’s Council of the John F. Kennedy School of Government at Harvard University. He co-founded the Carbon War Room, a think tank on climate change, along with Richard Branson and others, based in Washington, D.C.

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Inherited Expensive Art Collection

Described as a Tel Aviv liberal, Idan’s values and vision shape his engagements, aligning with the traditional Israeli Labour Party. After his father’s passing in 2011, Idan inherited half of his father’s wealth and an impressive collection of modern art including some paintings of Pablo Picasso and Vincent van Gogh.

By 2013, he became the wealthiest person in Israel, according to Forbes, with an estimated net worth of $13.5 billion. In March 2022, the Israel Corporation, controlled by Idan Ofer, made a significant sale of 20.17 million shares at $10.90 per share, amounting to a substantial $220 million.

Additionally, by February 2023, the Israel Corporation sold all its shares in Oil Refineries to David Federmann, aligning with the company’s goal to reduce its carbon footprint. However, the Israel Corporation continued to invest in Israel Chemicals.

Idan Ofer FAQs

Ques: How old is Idan Ofer?

Ans: 68.

Ques: Who are Idan Ofer’s parents?

Ans: Father: Sammy Ofer and Mother: Aviva Ofer.

Ques: Who is Idan Ofer’s wife?

Ans: Batia Perry.

Ques: What is Idan Ofer’s net worth?

Ans: $14 billion.

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