The Developer

Shlomo Eliahu is one of the most prominent businessmen in Israel. Mr. Eliahu, a self made man, started his business career 60 years ago as a small insurance agent. As a true entrepreneur he developed his business and at age 29, becoming the youngest owner of an insurance company in Israel. 

Over the years, his business expanded in many directions and today he is the major shareholder (69%) of Migdal Insurance Co, the largest insurance company in Israel. In addition, his holding company, Shlomo Eliahu Holdings, has significant holdings in the Israel Union Bank Ltd and in real estate companies, among which are the City Garden complex in Tel Aviv, the Jerusalem of Gold complex in Jerusalem and the Mount Zion Hotel in Jerusalem.