ALGEMEINER
Israeli Billionaire Creates Industrial Jobs to Foster Peace Between Jews and Arabs
by Shiryn Ghermezian
January 19, 2016
An Israeli billionaire has been investing serious resources in creating industrial parks he believes will foster peace between Jewish and Arab Israelis, Bloomberg Business reported on Tuesday. Stef Wertheimer — who sold his metal-cutting company Iscar Ltd to American billionaire Warren Buffett in 2013 for $6 billion — builds these parks in predominantly Arab areas of Israel that are suffering economically, according to Forbes magazine. The third richest man in Israel opened his latest park in 2013 in Nazareth. READ MORE