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Stef Wertheimer
Stef Wertheimer ( he, זאב סטף ורטהיימר, born 16 July 1926) is an Israeli billionaire industrialist, investor, philanthropist and former politician. He was a Member of the Knesset, and is known for founding industrial parks in Israel and neighboring countries. The Wertheimers are Israel's richest family as of 2013. Biography Stef (Ze'ev) Wertheimer was born in Kippenheim, Germany to a Jewish family. His family fled to Mandatory Palestine in 1937 to escape Nazism. He studied in the Tel-Nordau School in Tel Aviv but dropped out of school at age 16 and started working in a camera repair store. At the same time, he began studying optics with Professor Emanuel Goldberg, a researcher and inventor who contributed significantly to different aspects of imaging technology in the first half of the twentieth century. In 1943, during World War II, Wertheimer joined the British Royal Air Force. Wertheimer served as an optical equipment technician. He was sent to Bahrain where he ...
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Kippenheim
Kippenheim ( gsw, label= Low Alemannic, Kibbennä) is a town in the district of Ortenau in Baden-Württemberg in Germany. Kippenheim has restored its pre-war synagogue. Notable residents *Stef Wertheimer Stef Wertheimer ( he, זאב סטף ורטהיימר, born 16 July 1926) is an Israeli billionaire industrialist, investor, philanthropist and former politician. He was a Member of the Knesset, and is known for founding industrial parks in Israe ... (born 1926), German-born Israeli entrepreneur, industrialist and politician References Ortenaukreis Baden {{Ortenaukreis-geo-stub ...
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Yiftach Brigade
The Yiftach Brigade (also known as the Yiftah Brigade, the 11th Brigade in the 1948 Arab–Israeli War) was an Israeli infantry brigade. It included two Palmach battalions (the 1st and 7th), and later also the 2nd, which was transferred from the Negev Brigade. The Palmach memorial website records 274 of its members being killed whilst in the Yiftach Brigade. File:Moshe Kelman ii.jpg, Moshe Kelman, commander during Operation Yiftach File:Mula Cohen.jpg, Mula Cohen, commander during Operation Danny File:Gideon Eilat.jpg, Gideon Eilat commander during Operation Yoav Military operations The Yiftach Brigade participated in the following Israeli military operations: * Operation Yiftach * Operation Yoram * Operation Danny * Operation Yoav * Metzudat Koach Memorial The memorial for the fallen soldiers of the Yiftach Brigade is situated in the northern Negev north of Rahat, near Kibbutz Beit Kama and Kama Junction on Road 40. See also * List of battles and operations in the 1 ...
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Tel Hai
Tel Hai ( he, תֵּל חַי [] "Hill of Life") is a name of the former Jewish settlement in northern Galilee, the site of an early battle between Jews and Arabs heralding the growing civil conflict, and of a monument, tourist attraction, and a college. It is currently part of kibbutz Kfar Giladi. The Battle of Tel Hai on 1 March 1920, which gave Tel Hai its fame, was significant, from a Jewish perspective, far beyond the small number of civil combatants on either side – mainly due to its influence on Israeli culture, both inspiring an enduring heroic story and profoundly influencing the military of the Yishuv and political strategies over several decades. In retrospect, it can be regarded as the first military engagement between the Zionists and the Arabs, though at the time neither combatants on either side regarded it in such terms. History Tel Hai, initially named Talha ( ar, طلحة), was first settled in 1905 as an agricultural courtyard for six workers from a northe ...
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Berkshire Hathaway
Berkshire Hathaway Inc. () is an American Multinational corporation, multinational conglomerate (company), conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiums) in a broad portfolio of subsidiaries, equity positions and other securities. The company has been overseen since 1965 by its chairman and CEO Warren Buffett and (since 1978) vice chairman Charlie Munger, who are known for their advocacy of value investing principles. Under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt. The company's insurance brands include auto insurer GEICO and reinsurance firm General Re. Its non-insurance subsidiaries operate in diverse sectors such as confectionery, retail, Rail transport, ...
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Pratt & Whitney
Pratt & Whitney is an American aerospace manufacturer with global service operations. It is a subsidiary of Raytheon Technologies. Pratt & Whitney's aircraft engines are widely used in both civil aviation (especially airlines) and military aviation. Its headquarters are in East Hartford, Connecticut.Contact Us
." Pratt & Whitney. Retrieved on January 7, 2011. "Corporate Headquarters Pratt & Whitney 400 Main Street East Hartford, CT 06108."
As one of the "big three" aero-engine manufacturers, it competes with and , although it has also formed joint ventures with both ...
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Six-Day War
The Six-Day War (, ; ar, النكسة, , or ) or June War, also known as the 1967 Arab–Israeli War or Third Arab–Israeli War, was fought between Israel and a coalition of Arab world, Arab states (primarily United Arab Republic, Egypt, Syria, and Jordan) from 5 to 10 June 1967. Escalated hostilities broke out amid poor relations between Israel and its Arab neighbours following the 1949 Armistice Agreements, which were signed at the end of the 1948 Arab–Israeli War, First Arab–Israeli War. Earlier, in 1956, regional tensions over the Straits of Tiran escalated in what became known as the Suez Crisis, when Israel invaded Egypt over the Israeli passage through the Suez Canal and Straits of Tiran, Egyptian closure of maritime passageways to Israeli shipping, ultimately resulting in the re-opening of the Straits of Tiran to Israel as well as the deployment of the United Nations Emergency Force (UNEF) along the Borders of Israel#Border with Egypt, Egypt–Israel border. In ...
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Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom and a 32% stake in China's Jiangling Motors. It also has joint ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand ( AutoAlliance Thailand), and Turkey ( Ford Otosan). The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines; by ...
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General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and was the largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. Its four core automobile brands are Chevrolet, Buick, GMC (automobile), GMC, and Cadillac. It also holds interests in Chinese brands Wuling Motors and Baojun as well as DMAX (engines), DMAX via joint ventures. Additionally, GM also owns the BrightDrop delivery vehicle manufacturer, GM Defense, a namesake Defense vehicles division which produces military vehicles for the United States government and military; the vehicle safety, security, and information services provider OnStar; the auto parts company ACDelco, a GM Financial, namesake financial lending service; and majority ownership in t ...
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Israel Discount Bank
Israel Discount Bank, Ltd. is a retail bank, commercial bank, private bank and financial services company headquartered in Tel Aviv with 112 branches throughout Israel. Discount Bank is a public company traded on the Tel Aviv Stock Exchange under the symbol DSCT. It provides personal banking, business banking and private banking products and services through physical branches, online banking and mobile banking. History Discount Bank was established on 5 April 1935, as ''Eretz Yisrael Discount Bank'' Ltd., by Leon Recanati and his partners, Yosef Albo and Moshe Carasso. In its early days, Discount Bank operated out of a small hotel on Nachlat Binyamin Street in Tel Aviv. It later moved to its permanent location at 39 Yehuda Halevi Street. Today, Discount Bank's headquarters are located at the Discount Bank Tower, a 30-story skyscraper located at 23 Yehuda HaLevi Street in Tel Aviv, which completed construction in 2006. Discount Bank derives its name from the word "disconto", di ...
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ISCAR Metalworking
ISCAR Ltd. is an Israeli multinational metal cutting tools company affiliated with one of the world's largest metalworking conglomerates, the IMC Group (International Metalworking Companies). ISCAR and the IMC Group were acquired by Warren Buffett's Berkshire Hathaway in 2007, becoming one of its largest non-insurance companies. History ISCAR was founded in 1952 by Stef Wertheimer, an Israeli metalworker in his backyard. It was originally located in Nahariya. In 1982, it moved to Migdal Tefen (Tefen industrial zone) near Kfar Vradim in the Upper Galilee. Since its inception, ISCAR has expanded from a single-marketing and manufacturing facility to a multinational company with representation in over 50 countries. In 2007, Berkshire Hathaway, chaired by American investor Warren Buffett, purchased ISCAR and the IMC Group, making it the company's first international acquisition outside the United States. In 2008, Buffett called the acquisition of the IMC Group a "dream deal" tha ...
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Nahariya
Nahariya ( he, נַהֲרִיָּה, ar, نهاريا) is the northernmost coastal city in Israel. In it had a population of . Etymology Nahariya takes its name from the stream of Ga'aton (river is ''nahar'' in Hebrew), which bisects it. History Early Bronze Age The ruins of a 3,400-year-old Bronze Age citadel were found in the coastal city of Nahariya near the beach on Balfour Street, at a site known to archaeologists as ''Khirbet Kabarsa''. The citadel was an administrative center serving the mariners who sailed along the Mediterranean coast. There is evidence of commercial and cultural relations with Cyprus and the rest of the Mediterranean region. The fortress was destroyed four times by conflagration and rebuilt each time. Byzantine period A church from the Byzantine period, dedicated to St. Lazarus, was excavated in the 1970s. It was destroyed by fire, probably at the time of the Persian invasion in 614. British Mandate of Palestine In 1934, work began to found Nahar ...
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Israeli New Shekel
The new Israeli shekel ( he, שֶׁקֶל חָדָשׁ '; ar, شيكل جديد ; sign: ₪; ISO code: ILS; abbreviation: NIS), also known as simply the Israeli shekel ( he, שקל ישראלי, ar, شيكل إسرائيلي), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agorot. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel is a combination of the first Hebrew letters of the words ''shekel'' () and ''ẖadash'' () (new). When the shekel sign is unavailable the abbreviation ''NIS'' ( and ) is used. History The origin of the name "shekel" () is from the ancient Biblical currency by the same name. An early Biblical reference is Abraham being reported to pay "four hundred shekels of silver" to Ephron the Hittite for the Cave of the Patriarch ...
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