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david azrieli net

David Azrieli Net Worth 2024: Legacy of Real Estate and Philanthropy

Posted on October 14, 2024October 20, 2024 by Ethika Hasan
  • Name: David Azrieli
  • Current Age: 1922-2014 (at the time of his passing)
  • Occupation(s): Real Estate Developer, Philanthropist
  • Date of Birth: May 10, 1922
  • Date of Death: July 9, 2014
  • Place of Birth: Maków Mazowiecki, Poland
  • Nationality: Canadian
  • Parents: Raphael and Bella Azrieli
  • Spouse: Stephanie Lefcort
  • Children: Rafael, Sharon, Naomi
  • Net Worth (2024): Estimated at $3.5 billion
  • Source of Wealth: Real Estate
  • Ventures: Azrieli Group
  • Ethnicity: Jewish
  • Notable Works: Azrieli Towers in Tel Aviv, Azrieli Center in Israel

Early Life and Background

David Azrieli, a renowned real estate magnate and philanthropist, was born on May 10, 1922, in Maków Mazowiecki, Poland, to Raphael and Bella Azrieli. His early years were marked by the turmoil of World War II, during which he survived the Holocaust and eventually immigrated to Mandatory Palestine in 1942.

Rise to Prominence in Real Estate

Azrieli’s journey to success began with humble beginnings as a student in architecture. He later ventured into real estate development, founding the Azrieli Group in 1985. The company quickly became a powerhouse in the industry, with a focus on commercial and residential properties.

Visionary Projects and Legacy

One of Azrieli’s most notable achievements is the iconic Azrieli Towers in Tel Aviv, a trio of skyscrapers that have become a symbol of modern Israel. His vision and innovative approach to urban development reshaped the skyline of Tel Aviv and left a lasting impact on the city’s architectural landscape.

Philanthropic Endeavors

Beyond his business acumen, David Azrieli was deeply committed to philanthropy. He established the Azrieli Foundation, which supports education, scientific research, and Holocaust remembrance. His dedication to giving back to society earned him widespread respect and admiration.

Personal Life and Family

David Azrieli was married to Stephanie Lefcort and had three children: Rafael, Sharon, and Naomi. His family played a significant role in his life and shared his passion for both business and philanthropy.

Financial Insights and Net Worth

As of 2024, David Azrieli’s estate is estimated to be worth $3.5 billion, primarily derived from his real estate ventures. His legacy continues to thrive through the Azrieli Group’s ongoing projects and the impactful work of the Azrieli Foundation.

In conclusion, David Azrieli’s remarkable journey from a Holocaust survivor to a pioneering real estate developer and philanthropist stands as a testament to his resilience, vision, and commitment to making a difference in the world. His legacy lives on through his transformative projects and enduring contributions to society.

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