Yitzhak Tshuva

$8.08 B

Ranked #424 in World

About Yitzhak Tshuva

Israeli billionaire and real estate mogul Yitzhak Tshuva, founder of both El-Ad Group and Delek Group, is renowned for transforming the property landscape. Born in Libya in 1948, Tshuva made substantial strides in Israeli housing before venturing to the US, where he established El Ad Holdings in 1992, acquiring iconic assets like the Plaza Hotel. With strategic investments in North America and pivotal discoveries of gas reserves in Israel and Cyprus, Tshuva continues to shape the energy sector. Despite divestments amid the pandemic, he remains influential in the Israeli business arena.

Born

July 07, 1948 in Tripoli, Libya

Age

77 years

Source Of Wealth

Real Estate

Industries

Real Estate

Citizenship

Israel

Residence

Netanya

Spouse

Chaya Tshuva

Children

Yitzhak Tshuva was born on October 15, 1948, in Tripoli, Libya. His family immigrated to Israel when he was a child, settling in the city of Netanya. Tshuva's early years were marked by financial struggles, and he worked various jobs to support his family.

Yitzhak Tshuva: Family

Yitzhak Tshuva is married to Haya Tshuva, and they have five children together. The family resides in Tel Aviv, Israel.

Yitzhak Tshuva: Career Highlights

Tshuva's career in real estate began in the 1970s when he started developing low-income neighborhoods in Netanya. He later entered politics and served on the city council. In the 1980s, Tshuva initiated large residency and commercial projects across Israel, establishing himself as a prominent figure in the real estate industry.

In 1988, Tshuva immigrated to the United States and became involved in real estate projects in New Jersey and New York City. He founded El Ad Holdings in 1992, which managed real estate transactions in North America. Through El Ad Holdings, Tshuva purchased thousands of residential and commercial properties in the United States and Canada.

One of Tshuva's most notable achievements was the acquisition of the Plaza Hotel in New York City in 2004. He sold the hotel in 2013 for a significant profit.

In 1998, Tshuva gained control of Delek Israel Fuel Corporation, which he grew into a major energy company. Under his leadership, Delek Israel discovered offshore natural gas reserves in Israel and Cyprus, significantly reducing Israel's dependence on foreign energy.

Yitzhak Tshuva: Companies

Yitzhak Tshuva is the founder and chairman of El-Ad Group, a privately held real estate and energy conglomerate. El-Ad Group operates in various sectors, including residential and commercial real estate, energy exploration and production, and infrastructure development.

Tshuva also owns Delek Group, one of the largest energy companies in Israel. Delek Group is involved in oil and gas exploration, production, refining, and marketing.

Yitzhak Tshuva: Major Achievements

Tshuva's major achievements include:

Developing low-income neighborhoods in Netanya.

Initiating large residency and commercial projects across Israel.
Founding El Ad Holdings and managing real estate transactions in North America.
Acquiring the Plaza Hotel in New York City.
Gaining control of Delek Israel Fuel Corporation and growing it into an energy company.
Discovering offshore natural gas reserves in Israel and Cyprus.

Yitzhak Tshuva: Awards & Achievements

Tshuva has received numerous awards and recognitions for his contributions to the real estate and energy industries. Some of his notable awards include:

The Real Estate Person of the Year award from the Real Estate Board of New York in 2007.
The Lifetime Achievement Award from the Israeli Real Estate Association in 2011.
The Israel Prize in Economics in 2013.

Yitzhak Tshuva: Personal Life & Legacy

Yitzhak Tshuva is known for his philanthropic activities and has made significant contributions to various charitable causes. He financed the construction of the Sha’arei Teshuva synagogue in Tel Aviv and has supported numerous educational and cultural institutions.

Tshuva's legacy is one of entrepreneurship, innovation, and philanthropy. He has left a lasting impact on the real estate and energy industries in Israel and North America.

Yitzhak Tshuva: Trivia

Tshuva is a licensed pilot and enjoys flying.
He is an avid art collector and has a private collection of Israeli and international art.
Tshuva is a supporter of various sports teams, including Maccabi Tel Aviv and Hapoel Tel Aviv.

Wealth History

Timeline

1948

Yitzhak Tshuva was born in Tripoli, Libya.

1980s

Initiated large residency and commercial projects across Israel.

1988

Immigrated to the US and involved in real estate projects in New Jersey and New York City.

1992

Founded El Ad Holdings, managing real estate transactions in North America.

1998

Gained control of Delek Israel Fuel Corporation and grew it into an energy company.

2004

Acquired the Plaza Hotel in New York City.

2013

Sold the Plaza Hotel in New York City.

2015

Sold majority stake of Phoenix Insurance Company.

2017

Divested from IDE Technologies.

2020

Faced challenges during the COVID-19 pandemic and sold assets to reduce debt.

Yitzhak Tshuva : FAQs

What is Yitzhak Tshuva's current net worth?

Yitzhak Tshuva's current net worth is $8.08 billion.

What is Yitzhak Tshuva's current global rank among billionaires?

Yitzhak Tshuva holds the 424th position globally among billionaires.

What is Yitzhak Tshuva's current ranking within the Israel?

Yitzhak Tshuva holds the 7th position in Israel.

What was the change in Yitzhak Tshuva's net worth compared to the previous year?

Yitzhak Tshuva's net worth increased by 832.77 million dollars compared to the previous year 2025, when his net worth was 7.24 billion dollars.

What are Yitzhak Tshuva's main sources of wealth?

Yitzhak Tshuva's main source of income comes from Real Estate.

In which industry does Yitzhak Tshuva primarily operate?

Yitzhak Tshuva is primarily involved in the Real Estate industry.

How old is Yitzhak Tshuva?

Yitzhak Tshuva is 77 years old.

How many children does Yitzhak Tshuva have?

Yitzhak Tshuva has 5 children.

Who is Yitzhak Tshuva and what is his connection to the El-Ad Group?

Yitzhak Tshuva is an Israeli billionaire businessman, founder of El-Ad Group, and owner of Delek Group. He is known for his significant influence in real estate and energy sectors.

What are the notable achievements of Yitzhak Tshuva in the US real estate market?

Yitzhak Tshuva made a mark in the US real estate market through the foundation of El Ad Holdings in 1992, managing numerous real estate transactions and acquiring prominent properties like the Plaza Hotel in New York City.

How did Yitzhak Tshuva impact Israel's energy sector?

Yitzhak Tshuva had a profound impact on Israel's energy sector by discovering offshore natural gas reserves in Israel and Cyprus through Delek Group, significantly reducing Israel's dependence on foreign energy.

What strategic moves did Yitzhak Tshuva make during the COVID-19 pandemic?

During the COVID-19 pandemic, Yitzhak Tshuva navigated economic challenges by selling assets, including significant stakes in ELAD Israel Residences, Delek Israel, and other properties to reduce debt.

What contributions to Israeli society has Yitzhak Tshuva made besides his business ventures?

Beyond his business ventures, Yitzhak Tshuva has contributed to Israeli society by financing the construction of the Sha’arei Teshuva synagogue, highlighting his involvement in philanthropic activities.