Yakir Gabay Net Worth

Yakir Gabay has an estimated net worth of $3.8 billion, according to Forbes Real-Time Billionaires, Yakir Gabay profile (figures as of October 20, 2026). That is up from $3.7 billion in 2019.

Yakir Gabay is a real estate businessman tied to Aroundtown SA and Grand City Properties. He started in the Prospectus Department of Israel’s SEC, then moved into investment banking and management roles in the capital markets. In the mid-1990s, he led the investment banking division of Bank Leumi. In 2000, he became chairman and partner of Gmul Investments, which managed pension fund investments in real estate and securities totaling $30 billion.

His wealth is linked to large property platforms in Europe. In 2004, he began building real estate investment activity in Berlin and later expanded into other big cities in Germany, the UK, and the Netherlands across residential, hotel, and office markets. He co-invested with private and institutional investors, mainly through Aroundtown and Grand City Properties. Forbes says he was worth $3.8 billion on its real-time billionaires tracker as of October 20, 2026.

How Yakir Gabay built his fortune

Gabay’s money comes from real estate. Forbes says he owns 15% of Frankfurt-listed Aroundtown SA and serves as deputy chairman of the advisory board. Aroundtown has around a $30 billion portfolio of commercial real estate in Europe. The company also holds a 63% stake in Grand City Properties, which owns around 63,400 apartments in Germany and London. That mix ties his fortune to offices, hotels, and housing in major European markets.

Before focusing on property, Gabay worked in finance and securities. He began at Israel’s SEC, then moved into the private sector and later led the underwriting arm of Bank Leumi, one of Israel’s largest banks. In 2000, he became chairman and partner of Gmul Investments. In 2004, he launched his real estate activity in Berlin and expanded into Germany, the UK, and the Netherlands, working with both private and institutional investors.

Key company moves and Forbes value

Two listings were major steps in his career. In 2012, Grand City Properties was issued in Frankfurt at a company value of €150 million and a share price of €2.7. In 2015, Aroundtown shares were listed in Paris and Frankfurt at a company value of €1.5 billion and a share price of €3.2. In February 2020, Aroundtown merged with TLG Immobilien AG, adding scale to the platform in Germany.

His stake changed over time. In September 2019, he sold €1.5 worth of Aroundtown shares, and his holding was around 15% as of January 2026. Forbes valued him at $4.2 billion for the 2026 World’s Billionaires list. Forbes later put him at $3.8 billion on its real-time tracker in October 2026. Those estimates are closely tied to the value of his Aroundtown stake and the size of the related property holdings.