this 259 million dollar mansion is the most expensive property ever listed in israel
and it's just a taste of the luxury enjoyed by the country's billionaires in 2021 a total of 21
israeli billionaires made forbes billionaire list the country is booming with tech startups that
have attracted wealthy investors like bill gates and warren buffett when you're a billionaire in
israel you get to enjoy beachfront property membership to exclusive clubs and the most
expensive super yachts in the world from tel aviv to jerusalem and rooftop nightclubs to five-star
dining this is what it's like to be a billionaire in israel with a spectacular year-round climate
and some of the coolest cities in the world israel has plenty of luxury to offer the country is rich
with diverse scenery beautiful beaches and some amazing nightlife it's also full of rich people
according to forbes steph wertheimer is 2021's wealthiest israeli he makes the list at number 432
with a net worth of 6.2 billion dollars he's the founder of iskar metalworking toolmaker company
which he sold to warren buffett's berkshire hathaway holdings in a deal worth over 6 billion
israel is also the part-time home of one of the world's richest russians roman abramovich which
had israel's citizenship since 2018. he owns the chelsea football club which has bolstered
his fortune to a massive 14.5 billion dollars abramovich owns the world's second largest yacht
the 533 foot eclipse that he bought for nearly 400 million dollars in 2010 but if we're just counting
israel's full-time billionaires then following wertheimer are two men tied for second place
with a net worth of 5.2 billion dollars each play tech founder teddy sagi and australian shopping
mall mogul frank loewy teddy's worth even more as of october 2021 5.6 billion his playtech company
is the world's leading supplier of casino gaming software and he's used that gambling money to
buy some epic real estate his exclusive cliffside mansion was once the most expensive home ever sold
in israel until one of his billionaire neighbors outsold him but more on that a little later
as for frank loewy he's worth five billion dollars as of october 2021 lowey opened his first shopping
center in sydney in 1959 and in june 2018 sold his westfield corporation in a massive 16 billion
dollar deal he officially retired to israel as he could in 2019 rounding out the top five israeli
billionaires are philanthropist sherry erison israel's richest woman who inherited a 4.6 billion
carnival cruise fortune from her father and movie producer armin milchin who's worth 3.6 billion as
of october he owns new regency enterprises which has produced hits like pretty woman mr and mrs
smith and the revenant why do billionaires love israel well in the past few years it's
become known as a startup nation minting new millionaires yearly and earning billionaires
even more money the city of tel aviv is home to some of the coolest tech startups as well as
offices for tech giants like google and facebook billionaires like bill gates and warren buffett
have invested in the israel tech industry due to both its innovation and positive investor climate
buffett has said that israel is a quote nation of entrepreneurs with fantastic capabilities
end quote that's due in part to how excellent the education is especially the high standard
of science and technology curriculum however the country's success among the wealthy has
made living there more expensive over the last 10 years the country's increasing rich population has
caused real estate to more than double tel aviv has been ranked among the world's most expensive
cities with a growing global reputation among the elite with the success of tech startups now
entrepreneurs are joining in on the fun and now both old money and new money are beginning to mix
in the cosmopolitan city israel's tourist industry is also seeing increased success with plenty of
overseas buyers and travelers becoming interested in experience or profiting in the country israel's
growing reputation among foodies is another factor encouraging people to spend money there
over the years the country has boasted a number of restaurants with michelin star chefs catering
particular to its richest residents of course an expensive country means expensive homes the most
expensive house ever to hit the israeli market is this royal residence in the northern coastal
city of caesarea that was listed for 259 million dollars the palatial residence is an impressive
69 000 square feet with four bedrooms and seven bathrooms it was built by russian billionaire
valerie cogan other features include a spa and gym indoor and outdoor pools a wine room billiard room
and home cinema its royal appearance is thanks to all its fine materials used in its creation
including natural marble and onyx mosaics 14-karat gold moldings and leafing worth over five hundred
thousand dollars and silk carpets you can find some of the country's other expensive
properties on galea shellett street located on a sandstone cliff along the sea the mansions here
started going up in the 1960s when the beachfront area first became popular among the elite
this is where teddy soggy's opulent cliffside mansion is located at 42.6 million dollars the
mansion was once the street's most expensive until this former u.s embassy home next door sold for
67 million dollars in 2020. as for israel's best apartments valerie kogan is also selling the most
expensive of those this 65 million penthouse on the tel aviv waterfront is being called the most
expensive apartment in israel kogan first bought the lavish baroque style penthouse in 2009 for
about 30 million it's located atop c1 tower and offers about 12 000 square feet of living space
with four bedrooms four full bathrooms and one half bath there are two formal living rooms and a
formal dining room plus plenty of outdoor space in fact tel aviv is full of exclusive apartments and
nevsetic tel aviv's first official neighborhood is considered one of the most in demand areas
apartments here have sold for more than 6 million u.s dollars in 2021 and of course there's the
golden kilometer a stretch of luxury beachfront one of the star properties here is herbert samuel
48 a 45 million dollar multi-family townhouse topped with an infinity pool there's also this
place penthouse 24 listed for 44.5 million dollars israel's richest can also take advantage of luxury
property in jerusalem one popular area is the german colony the upscale area's quiet
streets are livened up with bustling shops and restaurants that attract plenty of wealthy buyers
one of the neighborhood's most expensive listings at the time of making this video is this 9 million
historic mansion ridiculously expensive property isn't the only thing the affluent take advantage
of in israel the luxuries you can enjoy here as a billionaire are endless but we'll have a look
at some of the most popular activities among the countries rich first things first israeli
billionaires love their boats azimut yachts is one of the country's biggest importers of
luxury vessels let's take a closer look at roman abramovich's 400 million dollar eclipse yacht
the massive yacht is packed with luxury features it sleeps an impressive 36 guests in 18 cabins
and has room for 70 crew members each guest suite comes with its own balcony and the master suite
comes with a 56 meter private deck there are also two swimming pools several hot tubs a disco hall
three helicopters two helipads and three men submarine aboard the lavish boat billionaires
in israel also love luxury vehicles even though they're even more expensive than usual there's
a purchase tax of up to 83 on the price of a car at the ferrari and maserati showroom in tel aviv
a ferrari 488 spider can retail for almost 700 000 nearly twice its u.s price but despite the
high cost of vehicles israel's wealthy citizens have caused luxury car sales to surge since 2015.
israel is also one of the best cities to enjoy nightlife according to lonely planet speakeasy
rooftop bar is one of tel aviv's most exclusive addresses it requires tough to get reservations
and often hosts lavish parties those who enjoy even more exclusivity can join forte morphium
a private members club with vip access and private bars of course israel's richest enjoys shopping
rothschild boulevard is full of designer storefronts where they can blow their money
it's also home to the best hotels which brings us to our last point israel's billionaires love
escaping their luxurious mansion for a stay in equally luxurious hotels this is the rothschild
hotel considered tel aviv's first luxury boutique hotel it offers rooftop terrace suites with
starting rates of one thousand dollars per night israel's wealthy also enjoy the norman it boasts
a rooftop infinity pool and a delectable penthouse suite but it'll cost at least 2
400 for a one-night stay about half of israel's total billionaire population owns real estate
in one major city can you guess which one that would be tel aviv if you were a billionaire in
israel which one of the country's richest areas do you think would be your favorite