Aaron Frenkel
Frenkel during interview with The Jerusalem Post, Jan 2016
Born (1957-09-09) September 9, 1957
Bnei Brak, Israel
Occupation(s)Real estate developer, investor,
Known forOwner of the Loyd's Group
SpouseMaja Ruth Frenkel
Children5

Aaron G. Frenkel (born September 9, 1957 in Israel) is an international entrepreneur, investor and philanthropist.

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 main commercial civil aviation industry manufacturers (O.E.M.)[4] in Central & Eastern Europe as The Boeing Company, Airbus SE, Gulfstream Aerospace, Agusta, Embraer and others.[5] The company is estimated to have been involved in investments and transactions worth over 35 billion dollars during the last 25 years.

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.[6]

Frenkel, with Mubadala Investment Company from Abu Dhabi, acquired 22% stake of the Tamar gas field in the Mediterranean Sea.[7][8]

Frenkel invested in the banking sector, in June 2022, he become the largest private shareholder in Bank Leumi (2.4%).[9]

Frenkel is the chairman of the Euro-Asian Jewish Congress (EAJC), the vice president of the World Jewish Congress (W.J.C)[10] and the president of Limmud FSU.[11]

Philanthropy

Frenkel is a philanthropist in the areas of health care, welfare, clean environment and education.

Health care

Frenkel serves as chairman of the International Board of Trustees of Yad Sarah,[12] 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[13] FEMC includes a medical imaging department, treatment rooms, laboratories and other facilities. This new emergency center handles hundreds of thousands of needy people.[14][15]

Frenkel has also supported the Sheba Medical Center and Tel Aviv Sourasky Medical Center[16] and the Ezra LeMarpeh health support organization.[17]

Community

Limmud FSU was founded in 2006, and Frenkel serves as its President.[18][19] 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.[20][21]

Frenkel, along with others, assisted in the rescue of athletes and asylum seekers from Afghanistan after it fell to Taliban rule.[22][23]

Personal life

Frenkel is married to Maja Ruth Frenkel, they have 5 children.

Awards and recognition

References

  1. ↑ "Dubrovnik's Delayed Villas Highlight Obstacles for Barclays – Bloomberg Business". Bloomberg L.P. Retrieved January 7, 2016.
  2. ↑ Cohen, Omri (February 11, 2020). "Aaron Frenkel eyes Bayside takeover". Globes. Retrieved February 28, 2021.
  3. ↑ "The aircraft manufacturers' agent of choice".
  4. ↑ Linde, Steve (February 1, 2016). "Aviation High Flyer". The Jerusalem Post. Retrieved August 26, 2022.
  5. ↑ "The aircraft manufacturers' agent of choice". intelligenceonline.
  6. ↑ Cohen, Omri (December 26, 2021). "Aaron Frenkel sells Bayside stake to Property & Building". Globes. Retrieved December 26, 2021.
  7. ↑ Cohen, Omri (November 25, 2021). "Energy Ministry approves sale of Tamar stake to Mubadala". Globes. Retrieved November 25, 2021.
  8. ↑ Cohen, Omri (November 22, 2021). "Mubadala gives Aaron Frenkel option on 11% of Tamar rights". Globes. Retrieved November 22, 2021.
  9. ↑ Weinberger, Roi (June 23, 2021). "Aaron Frenkel buys Leumi shares for NIS 930m". Globes. Retrieved June 23, 2022.
  10. ↑ Aaron Frenkel WJC Vice-President (EAJC)
  11. ↑ "Aaron Frenkel". Limmud FSU Canada. Archived from the original on October 7, 2018. Retrieved October 7, 2018.
  12. ↑ International Board of Trustees of Yad Sarah
  13. ↑ Julian, Hana Levi (September 24, 2017). "Frenkel Emergency Medical Center Opens at Yad Sarah in Jerusalem". Jewish Press. Retrieved February 28, 2021.
  14. ↑ "Our People". Canadian Friends of Yad Sarah. Retrieved February 28, 2021.
  15. ↑ "Yad Sarah to offer urgent nighttime medical care in Jerusalem". The Jerusalem Post | JPost.com. Retrieved December 18, 2017.
  16. ↑ ולצר, יעל (February 17, 2017). "איל ההון שמייצר "שגרירים לישראל בעולם"". Ynet (in Hebrew).
  17. ↑ "כזה עוד לא ראינו: מי תרם מיליון דולר בהפתעה?". Israel Hayom (in Hebrew). June 28, 2022. Retrieved August 25, 2022.
  18. ↑ "Aaron Frenkel". Limmud FSU Canada. Archived from the original on October 7, 2018. Retrieved October 7, 2018.
  19. ↑ "Limmud FSU: 'We'll reach out to Jews keen to learn'". Jewish News. February 8, 2018. Retrieved October 7, 2018.
  20. ↑ "Let My People Know!". The Jerusalem Post. June 22, 2015. Retrieved August 25, 2022.
  21. ↑ "2,000 Participants attend 10th Anniversary of Limmud FSU Israel". ejewishphilanthropy.com. Retrieved October 7, 2018.
  22. ↑ Liphshiz, Cnaan (September 21, 2021). "Israeli philanthropists, IsraAID help dozens flee Afghanistan for UAE". The Times of Israel. Retrieved August 25, 2022.
  23. ↑ "Former rescuer of Soviet Jews helps bring Afghan women to freedom". Jewish News Syndicate. September 20, 2021. Retrieved August 25, 2022.
  24. ↑ "AARON FRANKEL – KNOWN PHILANTHROPIST AND BUSINESSMAN". dyhanie.
  25. ↑ "Aaron Frenkel, Monaco". Archived from the original on July 15, 2013. Retrieved January 4, 2016.
  26. ↑ "Ordonnance Souveraine n° 10.189 du 17 novembre 2023 portant promotions ou nominations dans l'Ordre des Grimaldi". journaldemonaco.gouv. Retrieved January 11, 2024.
  27. ↑ .
  28. ↑ .
  29. ↑ "Mr. Aaron Frenkel, Monaco". presidentconf. Archived from the original on July 15, 2013. Retrieved January 4, 2016.
  30. ↑ "Tel Aviv Museum of Art, International Board of Governors".
  31. ↑ "Tel Aviv Museum of Art – Monaco, August 3rd 2010". Archived from the original on May 14, 2019. Retrieved January 12, 2016.
  32. ↑ "Tel Aviv University Governors Roll". Tel Aviv University. October 31, 2012. Retrieved June 11, 2020.
  33. ↑ "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.
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