⬅ # 79 Lee Shau Kee|# 81 Dilip Shanghvi ➡

# 80 Eyal Ofer 

$25.3B

Real Time Net Worth
as of 5/18/2024
$34.4M (0.14%)

# 80 Eyal Ofer 

$25.3B

Real Time Net Worth
as of 5/18/2024
$34.4M (0.14%)
OccupationChair, Zodiac Group
Source of WealthReal Estate, Shipping
Age73
ResidenceMonte Carlo, Monaco
Marital StatusMarried
Children4
Age-Adjusted Net Worth$10.5B
Eyal Ofer
Eyal Ofer
Israel
Net worth: $25.3B

Self-Made Score 

Wealth History

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Biography

Early and Personal Life

Eyal Ofer was born on June 2, 1950, in Haifa, Israel, and is currently a Monaco-based billionaire.
He is the son of Romanian-born Israeli shipping magnate Sammy Ofer, who was once Israel's richest man.
Ofer graduated from Atlantic College and served as an intelligence officer in the Israeli Air Force from 1967 to 1973.
He studied Maritime Law at the University of London.
Eyal Ofer is married to Marilyn Ofer, and they have four children.
The Ofer family resides in Monte Carlo, Monaco.

Career and Business Ventures

Eyal Ofer is the chairman of Ofer Global, Zodiac Group, and Global Holdings.
He began his career in international maritime transportation in the 1980s.
Ofer expanded his shipping company, Zodiac Group, to own and operate nearly 190 ships.
His real estate portfolio includes over 120 properties worldwide, with notable holdings like 15 Central Park West, 1250 Broadway, and 50 United Nations Plaza in Manhattan.
Ofer is the chairman of Global Holdings, a real estate holding company specializing in large-scale commercial and high-end residential developments.
He is involved in the energy sector through O.G. Energy, with investments in renewable energy, green hydrogen, and oil and gas exploration and production.
Ofer has interests in technology companies through O.G. Venture Partners, the tech investment arm of Ofer Global.
He is listed among the top 200 collectors in the world of contemporary, modern, impressionist, and post-impressionist art.
Ofer is associated with several arts institutions and serves on the permanent acquisitions committee for the Museum of Modern Art (MoMA) in New York.

Philanthropy

Eyal Ofer is a philanthropist supporting artistic, educational, and cultural institutions.
He is chairman of the Eyal & Marilyn Ofer Family Foundation, continuing the family's philanthropic tradition.
Ofer made significant donations to institutions such as Tate Modern, National Maritime Museum, and Tel Aviv Museum of Art.
The Eyal Ofer Heart Hospital at Rambam Health Care Campus, opened in 2020, received financial support from Ofer.

How long would it take you to become as rich as Eyal Ofer?

If you started with $10,000 and invested an additional $500 each month at a 44.10% CAGR, it would take you 5 years to reach Eyal Ofer's net worth of $25.3B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.76% compared to 11.89% for the S&P 500 benchmark.

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Eyal Ofer is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Eyal Ofer, Real Estate and Shipping are the primary sources. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey