Idan Ofer

About Idan Ofer

Birth Day: May 05, 1955
Birth Place: London, United Kingdom, Israel
Birth Sign: Gemini
Residence: London, England
Education: University of Haifa London Business School
Occupation: Majority shareholder, Quantum Pacific Group, Pacific Drilling, Israel Corporation and Kenon Holdings
Spouse(s): 4, including Batia Ofer
Children: 5
Parent(s): Sammy Ofer Aviva Ofer
Relatives: Yuli Ofer (uncle) Eyal Ofer (brother)

Idan Ofer Net Worth

Idan Ofer was bornon May 05, 1955 in London, United Kingdom, Israel. Idan Ofer is one of two sons of shipping magnate Sammy Ofer, who died in 2011 and was once Israel's richest man. Planning for the wealth transfer to Idan and his brother Eyal began years before their father's death, but it culminated in early 2014 with the legal separation of the two brothers' shipping empires. Idan owns Quantum Pacific Group, which has a fleet of more than 150 bulk, container and crude vessels. He also owns a controlling stake in publicly-traded chemicals, energy and shipping conglomerate Israel Corporation. In early 2015, Israel Corp. spun off its power, transportation and shipping units into a listed firm called Kenon Holdings, of which Idan owns roughly half. He took his offshore deepwater drilling company Pacific Drilling public in 2012. Idan and Eyal split their father's art holdings, a rare collection rumored to include pieces by Van Gogh and Picasso. Idan Ofer gave $42 million to The London Business School in 2013; buildings there will be named after his late father.
Idan Ofer is a member of Diversified

💰 Net worth: $2.9 Billion (Updated at 22 June 2018)

2012 $6.2 Billion
2013 $6.5 Billion
2014 $5.7 Billion
2015 $4.8 Billion
2016 $3.7 Billion
2017 $3.1 Billion
2018 $3.29 Billion

Some Idan Ofer images

Biography/Timeline

1955

Idan Ofer was born in 1955. His Father, Sammy Ofer, was an Israeli shipping magnate originally from Romania. His mother, Aviva Ofer, lives in London. He has a brother, Eyal Ofer.

1980

He started his career by expanding the family shipping Business in Hong Kong in the 1980s. He then worked in Singapore and the United States. In 1989, he was the founder of the Tanker Pacific, now the largest privately owned tanking fleet globally.

1999

He is the Principal of the Quantum Pacific Group, a Guernsey-based holding corporation. He is also the majority shareholder of Pacific Drilling, a public company listed on the New York Stock Exchange, and the Israel Corporation, the largest public holding listed on the Tel Aviv Stock Exchange. He served as the Chairman of the Israel Corporation from 1999 to 2010, and as a member of its Board of Directors from 1999 to 2013. He has served on the Advisory Boards of Synergy Ventures and Aspect Enterprise Solutions. He was an investor in Better Place, an electric car company which went bankrupt in May 2013.

2011

Shortly after his father's death in 2011, he inherited half his father's fortune. Additionally, he inherited half of his father's "vast collection" of modern art. As a result, by 2013, he was the richest man in Israel. According to Forbes, Idan Ofer has a net worth of $4.1 billion, as of January 2015.

2013

He has been married four times. His fourth wife is Batia Ofer, a philanthropist, who serves on the advisory board of Sotheby's. He has five children. They resided in Arsuf, near Tel Aviv, until 2013. His daughter, Leigh Ofer resides in New York City; his other children reside in London.

2014

In 2014, he established Kenon Holdings as a spin off from the Israel Corporation. It is a holding company primarily focused on growth-orientated businesses in the Automotive and Energy industries. It inherited some of the Investments previously held by the Israel Corporation, such as Qoros, a joint project created in partnership with Chery Automobile that manufactures automobiles aimed towards a ‘young, internationally-minded’ market in China. Other Investments include Zim Integrated Shipping Services and IC Power. It also includes Inkia Energy, a Peruvian Energy company and subsidiary of the IC Power. Meanwhile, the Israel Corporation retains Investments in Oil Refineries and Israel Chemicals.