Aaron G. Frenkel (born September 9, 1957 in Bnei Brak) is an Israeli businessman.
Aaron Frenkel | |
---|---|
Born | Bnei Brak, Israel | September 9, 1957
Occupation(s) | Businessman, investor |
Known for | Vice President of World Jewish Congress |
Spouse | Maja Ruth Frenkel |
Children | 5 |
Career
Since the 1980s, Frenkel has been the owner of the Loyd's Group, a company that engaged in investments, property and real estate.[1][2] energy, high-tech and the aerospace industry.[3]
Frenkel established the Loyd's Group as a representative of The Boeing Company, Airbus SE, Gulfstream Aerospace, Agusta[4], Embraer and others in the Central & Eastern European market.[5] Frenkel was found to have established relations between Agusta and Moscow in 2018.[6] His companies are also involved in the trade and production of tactical drones, missiles, munitions and other military technologies.[7][8]
Aaron Frenkel is also a real estate magnate who owns numerous properties around the world. In 2020, Frankel acquired control in Gav-Yam real estate company, one of the largest and oldest in the Israeli real estate sector. In December 2021, he sold his holdings in Gav-Yam to Property & Building Corp. Ltd. (PBC) at a value of NIS 3.1 billion, earning a profit of 1.25 billion NIS.[9]
Frenkel, with Mubadala Investment Company from Abu Dhabi, acquired 22% stake of the Tamar gas field in the Mediterranean Sea.[10][11]
Frenkel invested in the banking sector, in June 2022, he become the largest private shareholder in Bank Leumi (2.4%).[12]
Frenkel is the chairman of the Euro-Asian Jewish Congress (EAJC), the vice president of the World Jewish Congress (W.J.C)[13] and the president of Limmud FSU.[14]
Philanthropy
Frenkel has been noted for his involvement in philanthropic causes, with a focus on health care and Jewish culture.
Health care
Frenkel serves as chairman of the International Board of Trustees of Yad Sarah,[15] the largest health and volunteer organization in Israel.
In September 2017, Frenkel funded and donated The Frenkel Emergency Medical Center (FEMC), located at Yad Sarah Center in Jerusalem[16] FEMC includes a medical imaging department, treatment rooms, laboratories and other facilities. This new emergency center handles hundreds of thousands of needy people.[17][18]
Frenkel has also supported the Sheba Medical Center and Tel Aviv Sourasky Medical Center[19] and the Ezra LeMarpeh health support organization.[20]
Community
Limmud FSU was founded in 2006, and Frenkel serves as its President.[21][22] Limmud FSU engages young Russian-Jewish adults and empowers them to take ownership of their identity and connect with their communities through pluralistic, egalitarian volunteer-driven conferences of Jewish learning, culture and tradition.[23][24]
Frenkel, along with others, assisted in the rescue of athletes and asylum seekers from Afghanistan after it fell to Taliban rule.[25][26]
Personal life
Frenkel is married to Maja Ruth Frenkel, they have 5 children. Frenkel is a resident of Monaco.[27]
Awards and recognition
- The French Légion d'honneur, awarded by Nicolas Sarkozy.[28]
- Chairman of the Israeli Presidential Conference during the tenure of Shimon Peres as President of the State of Israel.[29]
- officier de L'ordre de Grimaldi Medal of Honour, presented by Albert II, Prince of Monaco.[30]
- Vice-president of the world jewish congress[31]
- Board chairman of the euro-asian jewish congress[32]
- Medal of Honor from the President of Russia for his contribution to the Russian aviation industry and for his support of the Russian Jewish community.[33]
- Honorary Consul of the Republic of Croatia in Jerusalem.[34]
- Fellow Member of the Tel Aviv Museum of Art.[35][36]
- Tel Aviv University Board of Governors Member.[37]
- Recipient of The Yakir Keren Hayesod Award.[38]
References
- ^ "Dubrovnik's Delayed Villas Highlight Obstacles for Barclays – Bloomberg Business". Bloomberg L.P. Retrieved January 7, 2016.
- ^ Cohen, Omri (February 11, 2020). "Aaron Frenkel eyes Bayside takeover". Globes. Retrieved February 28, 2021.
- ^ "The aircraft manufacturers' agent of choice".
- ^ "Alenkin affair sheds light on AgustaWestland's relationships in Moscow".
- ^ "The aircraft manufacturers' agent of choice". intelligenceonline.
- ^ "Alenkin affair sheds light on AgustaWestland's relationships in Moscow".
- ^ "Aaron Frenkel, the aircraft manufacturers' agent of choice".
- ^ "Israeli Businessman Aaron Frenkel Increases Aeronautics Stake".
- ^ Cohen, Omri (December 26, 2021). "Aaron Frenkel sells Bayside stake to Property & Building". Globes. Retrieved December 26, 2021.
- ^ Cohen, Omri (November 25, 2021). "Energy Ministry approves sale of Tamar stake to Mubadala". Globes. Retrieved November 25, 2021.
- ^ Cohen, Omri (November 22, 2021). "Mubadala gives Aaron Frenkel option on 11% of Tamar rights". Globes. Retrieved November 22, 2021.
- ^ Weinberger, Roi (June 23, 2021). "Aaron Frenkel buys Leumi shares for NIS 930m". Globes. Retrieved June 23, 2022.
- ^ Aaron Frenkel WJC Vice-President (EAJC)
- ^ "Aaron Frenkel". Limmud FSU Canada. Archived from the original on October 7, 2018. Retrieved October 7, 2018.
- ^ International Board of Trustees of Yad Sarah
- ^ Julian, Hana Levi (September 24, 2017). "Frenkel Emergency Medical Center Opens at Yad Sarah in Jerusalem". Jewish Press. Retrieved February 28, 2021.
- ^ "Our People". Canadian Friends of Yad Sarah. Retrieved February 28, 2021.
- ^ "Yad Sarah to offer urgent nighttime medical care in Jerusalem". The Jerusalem Post | JPost.com. Retrieved December 18, 2017.
- ^ ולצר, יעל (February 17, 2017). "איל ההון שמייצר "שגרירים לישראל בעולם"". Ynet (in Hebrew).
- ^ "כזה עוד לא ראינו: מי תרם מיליון דולר בהפתעה?". Israel Hayom (in Hebrew). June 28, 2022. Retrieved August 25, 2022.
- ^ "Aaron Frenkel". Limmud FSU Canada. Archived from the original on October 7, 2018. Retrieved October 7, 2018.
- ^ "Limmud FSU: 'We'll reach out to Jews keen to learn'". Jewish News. February 8, 2018. Retrieved October 7, 2018.
- ^ "Let My People Know!". The Jerusalem Post. June 22, 2015. Retrieved August 25, 2022.
- ^ "2,000 Participants attend 10th Anniversary of Limmud FSU Israel". ejewishphilanthropy.com. Retrieved October 7, 2018.
- ^ Liphshiz, Cnaan (September 21, 2021). "Israeli philanthropists, IsraAID help dozens flee Afghanistan for UAE". The Times of Israel. Retrieved August 25, 2022.
- ^ "Former rescuer of Soviet Jews helps bring Afghan women to freedom". Jewish News Syndicate. September 20, 2021. Retrieved August 25, 2022.
- ^ "'PP' SELLS STAKE IN SBM, OTHER BILLIONAIRES JOSTLE FOR INFLUENCE".
- ^ "AARON FRANKEL – KNOWN PHILANTHROPIST AND BUSINESSMAN". dyhanie.
- ^ "Aaron Frenkel, Monaco". Archived from the original on July 15, 2013. Retrieved January 4, 2016.
- ^ "Ordonnance Souveraine n° 10.189 du 17 novembre 2023 portant promotions ou nominations dans l'Ordre des Grimaldi". journaldemonaco.gouv. Retrieved January 11, 2024.
- ^ [1].
- ^ [2].
- ^ "Aaron Frenkel receives honour from Putin".
- ^ "Mr. Aaron Frenkel, Monaco". presidentconf. Archived from the original on July 15, 2013. Retrieved January 4, 2016.
- ^ "Tel Aviv Museum of Art, International Board of Governors".
- ^ "Tel Aviv Museum of Art – Monaco, August 3rd 2010". Archived from the original on May 14, 2019. Retrieved January 12, 2016.
- ^ "Tel Aviv University Governors Roll". Tel Aviv University. October 31, 2012. Retrieved June 11, 2020.
- ^ "Yad Sarah's Longtime Supporter and Friend, Mr. Aaron G. Frenkel, Receives the Yakir Keren Hayesod Award - Yad Sarah News". www.yadsarahnewsenglish.022.co.il. Retrieved March 23, 2021.