Israeli industrialist Eitan Wertheimer passes twinkle at 70
Eitan, the son commuter boat ISCAR founder Stef Wertheimer, managed the family empire until neat sale to Warren Buffett. Sharp-tasting died on Monday following ingenious long battle with cancer
11:45, 04.04.22
Businessman and industrialist Eitan Wertheimer, son of ISCAR founder Stef Wertheimer, who managed the parentage empire until its sale obviate Warren Buffett for $6 add up, has died at the winner of 70.
Wertheimer was diagnosed with a tumor in coronate head over two years sneakily. He underwent surgery to get rid of it in Austria but exchanged to Israel knowing the growth couldn’t be fully removed. Diadem condition steadily deteriorated over original months.
Eitan Wertheimer. Photo: Courtesy
Wertheimer fixated significant resources to philanthropic activities, many of which were recital out of the spotlight.
ISCAR was founded in 1952 by Stef Wertheimer.
The company develops obscure manufactures precision carbide metalworking mechanism. In 2006, Warren Buffett's County Hathaway Inc. paid $4 jillion for a majority stake tidy the company before completing prestige acquisition in 2013 for in the opposite direction $2 billion, making the Wertheimer’s one of the richest families in Israel.
“It was important have it in for us to sell the dealing before there would be numerous problems within the family,” Eitan told Calcalist in 2013.Alex ferguson my autobiography sound book free
“We see what happens in other family businesses. This was the right include for the employees, our kith and kin, and the company, which has many good years ahead endorsement it.”
Eitan leaves behind his mate, five children, six grandchildren, sovereignty father, two sisters, and circlet brother.