Michael Federmann Net Worth

Michael Federmann has an estimated net worth of $9.7 billion, according to Forbes Real-Time Billionaires, Michael Federmann profile (figures as of October 20, 2026). That is up from $1.4 billion in 2019.

Michael Federmann is an Israeli business leader best known for leading Elbit Systems and Dan Hotels through Federmann Enterprises. He chairs the family-owned holding company and its biggest public holdings. Federmann joined Elbit in 1998 when his El-Op company merged with it, a deal that doubled Elbit in size. Since then, Elbit grew into a major multinational defense technology company and became a big player in the global UAV market.

His wealth comes mainly from large ownership stakes held through the family group. Forbes says he owns an estimated 27% of Elbit Systems, a defense and homeland security technology company with $5.5 billion in 2022 sales. Forbes also says he owns an estimated 44% of Dan Hotels, a publicly traded Israeli hotel chain. Under his leadership, Elbit expanded through global buyouts, while Dan Hotels kept growing in Israel and added a first hotel in Bengaluru.

How Michael Federmann makes money

Federmann’s fortune is tied to major businesses inside Federmann Enterprises, the private family holding company he chairs. The biggest piece is Elbit Systems, where Forbes says he owns an estimated 27% through the family group. Elbit works in defense and homeland security technology, and Federmann helped shape its modern size. After the 1998 merger with El-Op, the combined company got much larger and pushed deeper into UAVs and other military technology.

Another major source is Dan Hotels. Forbes says he owns an estimated 44% of the hotel chain through the same family holding company. Dan Hotels is publicly traded in Israel and includes the King David Hotel in Jerusalem. The company also expanded into India with its first hotel in Bengaluru. Federmann has also held business leadership roles outside his companies, including serving as president of the Israel-Germany Chamber of Industry and Commerce.

Forbes net worth updates

Forbes has tracked a sharp rise in Federmann’s wealth across its annual billionaire lists. The estimate moved from $1.4 billion in 2019 to $1.7 billion in 2020, then to $2.1 billion in 2021 and $3 billion in 2022. It dipped to $2.9 billion in 2023 before rising again to $3.4 billion in 2024 and $5 billion in 2025. Those changes line up with the value of his holdings in defense technology and hotels.

The biggest jump came in 2026, when Forbes put him at $10.1 billion on its World’s Billionaires list. Forbes’ current real-time estimate is $9.7 billion as of October 20, 2026. The core drivers are still the same assets: his stake in Elbit Systems and his stake in Dan Hotels through Federmann Enterprises. Elbit’s size in defense and homeland security technology remains central to the picture, especially after years of expansion under his leadership.