Age, Biography and Wiki
Leon Recanati was born on 10 May, 1948 in Israel, is a businessman. Discover Leon Recanati's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 75 years old?
| Popular As |
N/A |
| Occupation |
businessman and philanthropist |
| Age |
76 years old |
| Zodiac Sign |
Taurus |
| Born |
10 May 1948 |
| Birthday |
10 May |
| Birthplace |
N/A |
| Nationality |
Israel |
We recommend you to check the complete list of Famous People born on 10 May.
He is a member of famous businessman with the age 76 years old group.
Leon Recanati Height, Weight & Measurements
At 76 years old, Leon Recanati height not available right now. We will update Leon Recanati's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
3 |
Leon Recanati Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Leon Recanati worth at the age of 76 years old? Leon Recanati’s income source is mostly from being a successful businessman. He is from Israel. We have estimated
Leon Recanati's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
businessman |
Leon Recanati Social Network
| Instagram |
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| Wikipedia |
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Timeline
In 2007, he purchased a 50.4% stake (73% total with two minority partners) in the Gmul Investment Company for NIS 600 million more than twice its market capitalization. Gmul had stakes in real estate, hotels, investments, and automotive. It was founded in 1950 by Bank Hapoalim, the Histadrut labor federation and several pension funds then sold to the brothers Jules and Eddy Trump, who listed it on the Tel Aviv Stock Exchange, and then sold in October 2003 to Eyal Yona and Amnon Barzilay. Performance at Gmul deteriorated. Recanati stated: "At this point I can say that buying control of Gmul was the worst deal I have ever made... I cannot invest any more in Gmul, but I hope that we can all work together to find a solution and reach a fair, mutually agreed-upon arrangement." In October 2011, he sold half of his 50.4% investment in Gmul to Itzhak Gvilli for NIS 20 million. He resigned as chairman of Gmul in July 2012.
In May 2003, the family sold IDB Holding to Nochi Dankner and divided its assets. With his share, Recanati established Glenrock, an investment company, which he ran with his wife Shula Recanati and Ziv Kop. It has three divisions: GlenRock America assists Israeli businesses in entering the American market and also serves as a conduit for American investors to invest in Israel (headed by Larry Graev); GlenRock Israel invests in local technology companies; and GlenRock Italy advises Israeli businesses in penetrating the Italian market and serves as a bridge for Italian investors interested in investing in Israel (headed by Rony Benatof).
In 1971, he worked for the Israel Discount Bank – which was founded by his grandfather, Leon Yehuda Recanati. In 1979, he was appointed deputy CEO with responsibility for all branches and marketing. He largely escaped the scandal of the 1983 Israel bank stock crisis. In 1986, he transferred to IDB Holding, the investment side of the family business where he rotated through various chairmanships at Supersol, Delek and Clal, and later served as co-CEO and co-chairman of IDB Holding.
Leon Recanati (Hebrew: ליאון רקנאטי; born May 10, 1948) is an Israeli businessman and philanthropist.
