Profiles of Wealthy Israelis with Business Interests in Indonesia

A number of Israeli billionaires have business interests that serve as money-making engines in Indonesia. Here is a summary of some of these figures:

Idan Ofer is the richest person in Israel as of 11 March 2026, with a fortune of US$34.9 billion, up more than 50% from the previous year. His business includes operating over 210 bulk, container, and crude oil tanker ships through Eastern Pacific Shipping. His wealth also comes from a 51% stake in Israel Corp, a 32% stake in Spanish football club Atletico de Madrid, and an 85% stake in Portuguese football club FC Famalicao.

Eyal Ofer, Idan’s brother, has a net worth of US$33.1 billion from businesses in real estate, shipping, technology, banking, energy, and other investment sectors. He is the head of Monaco-based Ofer Global and owns more than 120 properties worldwide, including 15 Central Park West, 1250 Broadway, and 50 United Nations Plaza in Manhattan. His assets also include the O.G. Venture Partners tech venture capital fund, O.G. Energy, and shares in the public companies Mizrahi Tefahot Bank and Royal Caribbean Cruises. The Ofer brothers inherited their assets from their father, shipping magnate Sammy Ofer.

Igor and Dmitri Bukhman are brothers who founded the online game developer Playrix, known for titles such as Homescapes, Fishdom, and Township. Born and raised in Russia, they began marketing their online games while still in high school. Playrix’s office was originally in Russia but was relocated to Israel in 2022 along with 1,500 Russian employees. The company generates annual revenue of more than US$2.5 billion. The brothers also acquired shares in video and social network game developer Nexters Global. Igor and Dmitri each have a net worth of US$13.5 billion.

Michael Federmann and his family hold a 27% stake in Elbit Systems, an Israeli defence and security technology company with sales of US$5.5 billion in 2022, through their holding company Federmann Enterprise. The family also controls a 44% stake in Dan Hotels, a public hotel chain in Israel. The Federmann family’s net worth reached US$11.3 billion as of 10 March 2026, placing them 274th on the list of the world’s richest people.

Yitzhak Tshuva has a fortune of US$8.7 billion from the energy and real estate sectors. He is the owner of El Ad Group, which has projects in Manhattan, Florida, Louisiana, Montreal, and Israel. Tshuva is also the controlling shareholder of Delek Group, a conglomerate with interests in automotive, oil, and gas.

Yuri Milner, who was born in Russia, is the owner of venture capital fund DST Global, which was an early technology investor in Facebook and Twitter. He also invested in Spotify and Airbnb after selling his shares in the two social media giants in 2022. He holds shares in Chinese technology companies such as Alibaba, JD.com, and Xiaomi. Xiaomi is a mobile phone manufacturer whose sales consistently rank in the top three in Indonesia. Milner’s net worth is US$8.6 billion.

Teddy Sagi, with a fortune of US$7 billion, developed the gambling software company Playtech in 1999. The company’s revenue has surpassed US$1 billion and it is traded on the London Stock Exchange. Along with Playtech, Sagi has brought three other companies to the London AIM market: Market Tech, online payment processor SafeCharge, and cybersecurity firm Kape.

Arnon Milchan saw his wealth jump from US$3.4 billion to US$6.4 billion, ranking him 637th in the world. He is a film producer and founder of the production company New Regency Enterprise, which has produced successful Hollywood films such as Pretty Woman, Mr. & Mrs. Smith, The Revenant, Birdman, and Bohemian Rhapsody. Earlier in his career, he took over his family’s bankrupt fertiliser business at the age of 21 in 1962 and turned it into a major success with revenue reaching US$125 million. Milchan’s name was previously implicated in a corruption case involving Israeli Prime Minister Benjamin Netanyahu, but reports indicate he will not be charged.

Shari Arison, an investor and philanthropist, had a net worth of US$6 billion as of 10 March 2026. She inherited her wealth from her father, Ted Arison, who founded the cruise ship company Carnival Corp. After her father’s death, she expanded the company and reinvested the family fortune into various sectors. In business, she is known for pioneering ‘The Doing Good Model’, which encourages companies to conduct business activities that benefit society. Her investments span real estate, a seawater desalination plant, and a solar thermal power plant. She was also a shareholder of more than 20% in Bank Hapoalim before selling her entire stake in 2024. Shari is active in the Ted Arison Family Foundation, established in 1981 to support social and humanitarian activities.