Stef Wertheimer
Birthname Stef Wertheimer Birthdate July 16, 1926 Birthplace Kippenheim, Germany Education Tel-Nordau School Profession Businessman Net worth $5,700,000,000 Source of Wealth Business - IMC International Metalworking Companies B.V., otherwise known as IMC Group (probably the most international's biggest (by sales) manufacturers of carbide industrial-cutting gear) Nationality Israeli Marital Status Married Children 4Quick Links
Stef Wertheimer rose to repute in 2006 when his business turned into the primary world target of Berkshire Hathaway Inc., the place Warren Buffet sits because the Chairman, President, CEO, and co-founder. Stef Wertheimer has an estimated net worth of $5.7 billion.
Stef Wertheimer got to work in a steel instrument slicing factory in Israel which has now evolved into one of the most global's biggest producers and producers of carbide-industrial slicing tools. Today, the company operates in over 50 nations worldwide and employs greater than 6,000 people. Wertheimer could also be the founding father of Blades Technology Ltd. which specializes in manufacturing vanes and blades for commercial gas generators and jet engines.
In 2006, Berkshire Hathaway Inc. purchased 80% stake of ISCAR Metalworking Company for $5 billion. Today, the Wertheimer circle of relatives runs the $1 billion worth Blades Technology Ltd. which was once not incorporated within the acquire deal between Wertheimer and Berkshire Hathaway Inc.
Earnings & Financial Data
Date | Category | Description | Amount |
|---|---|---|---|
2013 | Sale of Asset | Sale of the rest 20% of Wertheimer’s precision metalworking device corporate, ISCAR to Warren Buffett | $2,050,000,000 |
2012 | Asset | Investment to construct seven business parks in economically liminal regions of the Middle East that operate as incubators for export-minded industrial startups | $100,000,000 |
2012 | Sale of Asset | Sale of 80% of Wertheimer’s precision metalworking software corporate, ISCAR to Warren Buffett | $4,000,000,000 |
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