
Ruth Wertheimer, daughter of Stef Wertheimer, sold Servotronix to Chinese Company Midea at $170 Million Valuation
Ruth Wertheimer, the daughter of industrialist Stef Wertheimer, who sold his flagship company Iscar to Warren Buffett, has made her own exit. Iscar, a maker of cutting tools bought by Buffett in a two-stage More...

Warren Buffett invests Personal $5 million in Israel bonds
Berkshire Hathaway Chairman and CEO Warren Buffett welcomed 43 U.S. Israel bond investors to Omaha on Sunday, each of whom made a minimum $1 million new investment to participate in an exclusive evening More...

“Hurun Rich List”: Wertheimers ranked richest Israelis
The Wertheimer family (Iscar Ltd.) top the rankings for the richest Israelis, with a fortune of $3.5 billion, followed second by diamond merchant Dan Gertler, with a fortune of $2.3 billion, according More...

C’tee dismisses patent claim against Iscar
– Gideon Barazani, a former senior engineer at Iscar, sought compensation for Iscar patents. – – Sources inform ”Globes” that, after a legal battle of many years, the More...

Buffett: Iscar is an exceptional company
– Warren Buffett tells that Iscar’s value will continue to rise. Wertheimer: Buffett vows Iscar will remain Israeli – /Shai Shalev, Omaha/ “Warren Buffett’s investment More...

Buffett Pays the Remaining Stake in the Israeli Iscar : $2.05 Billion
– Warren Buffett / Getty – / By Ilan Shavit / according to Bloomberg Berkshire Hathaway Inc. (BRK/A) agreed to pay $2.05 billion for the 20 percent on ISCAR (IMC Metalworking Companies) , Israeli More...