Aaron G. Frenkel (born September 9, 1957 in Bnei Brak) is an Israeli businessman.
Aaron Frenkel | |
|---|---|
 Frenkel during interview with The Jerusalem Post, Jan 2016 | |
| Born | September 9, 1957 Bnei Brak, Israel |
| 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
External links
