In 2006, he was named "Globes Man of the Year" in Tel Aviv, Israel. He was ranked Israel's 24th-richest man in 2006 by Forbes.
He has a majority stake in F.I.B.I Holdings Company, which controls the First International Bank. He also owns 51% of fuel company Paz, as well as stakes in Channel 2 licensee Reshet, ad agency Kesher Barel, and real estate in Tel Aviv, London and, most recently, India. In 2006 he acquired the Ashdod refineries and completed the acquisition of Bank Otsar Ha-Hayal from Bank Hapoalim.
