Tag #Iscar

What was the primary factor in Stefan Wertheimer's significant contribution to the Israeli economy?

Stefan Wertheimer, a prominent Israeli industrialist and recipient of the Israel Prize, passed away at 98. He founded Iscar, a multinational cutting tools company, which was later sold to Berkshire Hathaway for $6 billion, one of Israel's largest exits. His entrepreneurial journey began with a small workshop in his Nahariya home, showcasing remarkable growth and impact.