Aaron Frenkel

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Aaron Frenkel
Aaron Frenkel.jpg
Frenkel during interview with The Jerusalem Post, Jan 2016
Born (1957-09-09) September 9, 1957 (age 66)
Bnei Brak, Israel
Occupation(s)Real estate developer, investor,
Known forOwner of the Loyd's Group
Spouse Maja Ruth Frenkel
Children5

Aaron G. Frenkel (born September 9, 1957 in Israel) is an international entrepreneur, investor and philanthropist.

Contents

Career

Since the 1980s, Frenkel has been the owner of the Loyd's Group, a company that engaged in investments, property and real estate, [1] [2] energy, high-tech and the aerospace industry. [3]

Frenkel established the Loyd's Group as a representative of the main commercial civil aviation industry manufacturers (O.E.M.) [4] in Central & Eastern Europe as The Boeing Company, Airbus SE, Gulfstream Aerospace, Agusta, Embraer and others. [5] The company is estimated to have been involved in investments and transactions worth over 35 billion dollars during the last 25 years.

Aaron Frenkel is also a real estate magnate who owns numerous properties around the world. In 2020, Frankel acquired control in Gav-Yam real estate company, one of the largest and oldest in the Israeli real estate sector. He sold his holdings in Gav-Yam to Property & Building Corp. Ltd. (PBC) in December 2021 at a value of NIS 3.1 billion, earning a profit of NIS 1.25 billion. [6]

Frenkel, with Mubadala Investment Company from Abu Dhabi, acquired 22% stake of the Tamar gas field in the Mediterranean Sea. [7] [8]

In the finance and banking sector, Frenkel is the largest private shareholder in Bank Leumi (2.4%) since June 2022 . [9]

Frenkel is the chairman of the Euro-Asian Jewish Congress (EAJC), the vice president of the World Jewish Congress (WJC) [10] and the president of Limmud FSU. [11]

Philanthropy

Frenkel is a philanthropist in the areas of health care, welfare, clean environment and education.

Health care

Frenkel serves as chairman of the International Board of Trustees of Yad Sarah, [12] the largest health and volunteer organization in Israel.

In September 2017, Frenkel funded and donated The Frenkel Emergency Medical Center (FEMC) at the Yad Sarah Center in Jerusalem. [13] FEMC includes a medical imaging department, treatment rooms, laboratories, and other facilities, which serve many people in need. [14] [15]

Frenkel is supporting the Sheba Medical Center, Tel Aviv Sourasky Medical Center [16] , and Ezra LeMarpeh health support organization. [17]

Community

Limmud FSU was founded in 2006, and Frenkel serves as its President. [18] [19] Limmud FSU engages young Russian-Jewish adults and empowers them to take ownership of their identity and connect with their communities through pluralistic, egalitarian volunteer-driven conferences of Jewish learning, culture and tradition. [20] [21]

Frenkel, along with others, assisted in the rescue of athletes and asylum seekers from Afghanistan after it fell to Taliban rule. [22] [23]

Personal life

Frenkel is married to Maja Ruth Frenkel, they have 5 children.

Awards and recognition

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