Idan Ofer Net Worth

Idan Ofer has an estimated net worth of $29.7 billion, according to Forbes Real-Time Billionaires, Idan Ofer profile (figures as of October 20, 2026). That is up from $4.7 billion in 2019.

Idan Ofer is an Israeli businessman with interests in shipping, energy, mining, and sports. He is the founder and principal of Quantum Pacific Group, a holding company, and he is a major shareholder in Israel Corp. and Kenon Holdings. His business profile grew from shipping into listed industrial and energy companies. He also built a presence in sports through holdings in Atlético Madrid and FC Famalicão.

His career started with the family shipping business in Hong Kong in the 1980s, followed by work in Singapore and the United States. He later led and invested through Israel Corp. and other holding companies, including Lynav Holdings and Ansonia Holdings. A key step came when Israel Corp. spun off power, transportation, and shipping assets into Kenon Holdings in 2015. Forbes put his net worth at $29.7 billion on its real-time billionaires tracker as of October 20, 2026.

How Idan Ofer built his fortune

A large share of Ofer's wealth comes from shipping. Forbes says he owns a company that runs a fleet of more than 200 bulk, container, and crude oil ships. That gives him exposure to several parts of maritime trade rather than just one niche. His business base also includes Quantum Pacific Group, which he uses as a broader holding platform for investments across industries named in his public background.

He also has major stakes in listed companies. Forbes notes that he owns 48% of Israel Corp., a chemicals, energy, and shipping conglomerate. In 2015, Israel Corp. spun off its power, transportation, and shipping units into Kenon Holdings, where he is the controlling shareholder. Beyond industry, he owns a stake in Atlético Madrid and an 85% stake in FC Famalicão, adding sports assets to a portfolio centered on shipping and public companies.

What Forbes has reported about his wealth

Forbes has shown big swings and then a sharp rise in Ofer's estimated fortune over time. It reported $4.7 billion in 2019, then $3.7 billion in 2020. After that, the estimate climbed to $6.1 billion in 2021 and $10.5 billion in 2022. Those changes match a business mix tied to shipping and major stakes in public companies, where values can move a lot from year to year.

The upward move continued after 2022. Forbes estimated $14 billion in 2023, $15.8 billion in 2024, and $22.5 billion in 2025. Forbes also placed him at $34.6 billion on its 2026 World's Billionaires list, while its real-time tracker later showed $29.7 billion in October 2026. His wealth picture is tied to shipping assets, Israel Corp., and Kenon Holdings, so market prices and business conditions can quickly change the headline number.