Shari Arison Net Worth & Biography

Shari Arison is the name of the American-born Israeli entrepreneur and philanthropist whose story has been featured in the article below. She is a prominent businesswoman who also happens to be Israel’s wealthiest woman, and here’s what she is known for.

Arison is the owner of The Ted Arison Family Foundation, which is made up of several charitable organizations that operate as its subsidiaries, and of Arison Investments, which includes several business companies. She served as the controlling shareholder of Bank Hapoalim for over two decades, and after selling a percentage of her shares in 2018, ceased to be the controlling stakeholder at the bank. She also owned and controlled Shikun & Binui for 22 years before selling it to the Saidoff Group in August 2018. According to Forbes magazine, Shari Arison is the wealthiest woman in the Middle East. She is the only woman to appear in the region’s top-20 wealthiest people (as of 2007) and is currently ranked as the 590th-richest person in the world, and the 4th-richest in Israel.

Early Life: Childhood, Family, Education

She was born on September 9, 1957 in New York City, New York, United States, as the daughter of the business tycoon Ted Arison and his wife Mina Arison Sapir, and the younger sister of businessman Micky Arison. After her parents divorced in 1966, she moved to Israel to stay with her mother. When she was 12, she returned to the United States to live with her father, before returning to Israel five years later in order to join the Israel Defense Forces.

Professional Life: Business Endeavors

In 1999 her father died and willed 35 percent of his possessions to her.

She owns or is devotedly active in various businesses and philanthropic foundations, including the online media publication featuring ‘Good News” stories Goodnet.org, The Ted Arison Family Foundation, Shikun & Binui, Arison Investments, and Bank Hapoalim. When 900 employees were fired from Bank Hapoalim in 2003, she became the target of protests.

In March 2009, Shari Arison sponsored Israel’s third “Good Deeds Day”, an annual project in which her non-profit foundation, Ruach Tova, inspired thousands of citizens to get involved in volunteering across the nation. As part of the event, which was held near Tel Aviv, a Palestinian youth orchestra thrilled the audience in an hour-long concert in honor of survivors of the Holocaust. They played classical Arabic melodies and songs of peace, but upon their return to Jenin, local Arab authorities condemned the group’s leader for “exploiting the children for political purposes”. The orchestra conductor was subsequently expelled from her hometown of Jenin.

Achievements: Awards & Honors

The businesswoman has maintained a solid frame in several sections of business and also in her philanthropic endeavors over the years. Her works and accomplishments have been clear enough for all to see that her genuine intentions are also aimed towards helping those around her. For her numerous contributions, she was honored with the America–Israel Friendship League’s Partners for Democracy award back in 2010, for her various efforts in promoting the economies of the United States and Israel.

Personal Life: Relationships, Kids, Private Interests

This smart and hardworking woman has been married and divorced on three occasions. For the first time, she tied the knot with a ship officer named Jose Antonio Sueiras. They had three children before deciding to end their union. She then wedded basketball player Miki Dorsman with whom she has one child. After the end of her second marriage, she moved on with her life and married Ofer Glazer as her third husband.

Shari Arison Net Worth: Salary, Income Sources, Assets

The American-born Israeli businesswoman, Shari Arison, is said to own a net worth of $4.7 billion. She has made her wealth from controlling several successful businesses, including Bank Hapoalim and the Arison Group. Also, she is considered as one of the wealthiest and most influential women in the world.

Ms. Shari Arison controls commercial and social investments in thirty-eight countries across five continents of the world, with nearly thirty thousand employees. She also owns shares in the leading infrastructure, real-estate group Shikun & Binui Holdings Limited, which in return, contributes to her wealth significantly. As a Tel Aviv resident, the businesswoman made attempts to promote significant entrepreneurial endeavors in the society by investing in several green projects, including a huge desalination plant and a green shopping mall in her country, as well as starting Miya (a $100 million venture aimed at maximizing the efficiency of large urban water systems) in 2008. Her philanthropy did not ended there. She has also launched International Good Deeds Day to promote community service and also leads The Ted Arison Family Foundation, which is made up of various charitable organizations that operate as its subsidiaries.