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Sammy Ofer
Sammy Ofer dies at 89; Israeli business tycoon
Sammy Ofer dies at 89; Israeli business tycoon

Reporting from Jerusalem -- Israeli billionaire Sammy Ofer, whose powerful, family-owned conglomerate is under scrutiny for alleged dealings with Iran, died Friday in Tel Aviv after a long illness. He was 89. Considered Israel's richest man with a family fortune estimated by Forbes at $10.3 billion, Ofer and his brother, Yuli, built Ofer Bros. Group into Israel's biggest private enterprise, with interests in shipping, oil refineries, chemicals, semiconductors, banking and media. "Ofer was a Zionist through and through, and never forgot his commitment to others, even when he ascended to great heights," said Israeli Prime Minister Benjamin Netanyahu. Among the...

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