Eitan Wertheimer | Son of Stef Wertheimer – ISCAR

Net Worth : $6.2 billion

Hailed as one of Israel’s wealthiest families, the Wertheimers are known for industrial parks in Israel and other neighboring countries. Most of their fortune came from the small metal tool cutting factory called ISCAR that Stef Wertheimer began in his backyard in 1952. ISCAR quickly became a success and attracted investors such as Discount Investments, which eventually became a minority shareholder.

His legacy, succeeded by one of his heirs, Eitan Wertheimer. Eitan now serves as the President of Iscar Ltd and is Chairman of Iscar Metals Incorporated. Unlike other magnates who spend their wealth on luxury cars and mansions, Eitan and his family hands out their billions to help people. They create opportunities and training programs for blue-collar jobs around the fringes of Israel. He also continues to help young people from underprivileged Israeli communities into higher education through his charity Atidim.