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February 6, 2008

Wealthy Jews Moving out of Israel

Filed under: — @ 6:43 am

by Ian Mosley

Marc Rich

The wealthiest of Israel’s elite are starting to seek out new homes elsewhere. This should tell us something about what may be in store. Some of us may remember Marc Rich, possibly the biggest tax dodger in US history, who fled to Israel. About seven years ago, just as Clinton was leaving office, Marc Rich got a pardon dropped in his lap. He may have been the first of many wealthy Jews looking to escape Israel.

Another super-rich Jew has recently relocated. The Israeli newspaper Ha’aretz reports: “Israeli diamond billionaire Lev Leviev, who immigrated to Israel from Uzbekistan in 1971, has bought the most expensive new property ever sold in Britain -a $70 million home with a bullet-proof front door costing $100,000, British real estate dealers said on Tuesday. The 51-year-old businessman best known for his diamond trading company and who is estimated to be worth $6.5 billion, is expected to move with his wife and two of his nine children.” (more…)


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