Israeli Industrialist Stef Wertheimer Dies at 98
Israeli Industrialist Stef Wertheimer Dies at 98

Israeli Industrialist Stef Wertheimer Dies at 98

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Stef Wertheimer, the Israeli industrialist known for founding ISCAR Metalworking Company and for his philanthropic efforts, has died at the age of 98. He was a significant figure in Israel's industrial landscape, selling an 80% stake in ISCAR to Warren Buffett for $5 billion in 2006, with Buffett later acquiring the remaining shares in 2013. Wertheimer was also involved in political service as a member of the Knesset and contributed to various educational and economic initiatives. His legacy includes the establishment of industrial parks across Israel and a commitment to coexistence and integrity in government. Wertheimer's granddaughter confirmed his passing, noting he died peacefully in his sleep. Throughout his life, he was celebrated not only for his business acumen but also for his dedication to improving society.

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