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

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

References

  1. ^ "Dubrovnik's Delayed Villas Highlight Obstacles for Barclays – Bloomberg Business". Bloomberg L.P. Retrieved January 7, 2016.
  2. ^ Cohen, Omri (February 11, 2020). "Aaron Frenkel eyes Bayside takeover". Globes. Retrieved February 28, 2021.
  3. ^ "The aircraft manufacturers' agent of choice".
  4. ^ Linde, Steve (February 1, 2016). "Aviation High Flyer". The Jerusalem Post. Retrieved August 26, 2022.
  5. ^ "The aircraft manufacturers' agent of choice". intelligenceonline.
  6. ^ Cohen, Omri (December 26, 2021). "Aaron Frenkel sells Bayside stake to Property & Building". Globes. Retrieved December 26, 2021.
  7. ^ Cohen, Omri (November 25, 2021). "Energy Ministry approves sale of Tamar stake to Mubadala". Globes. Retrieved November 25, 2021.
  8. ^ Cohen, Omri (November 22, 2021). "Mubadala gives Aaron Frenkel option on 11% of Tamar rights". Globes. Retrieved November 22, 2021.
  9. ^ Weinberger, Roi (June 23, 2021). "Aaron Frenkel buys Leumi shares for NIS 930m". Globes. Retrieved June 23, 2022.
  10. ^ Aaron Frenkel WJC Vice-President (EAJC)
  11. ^ "Aaron Frenkel". Limmud FSU Canada. Archived from the original on October 7, 2018. Retrieved October 7, 2018.
  12. ^ International Board of Trustees of Yad Sarah
  13. ^ Julian, Hana Levi (September 24, 2017). "Frenkel Emergency Medical Center Opens at Yad Sarah in Jerusalem". Jewish Press. Retrieved February 28, 2021.
  14. ^ "Our People". Canadian Friends of Yad Sarah. Retrieved February 28, 2021.
  15. ^ "Yad Sarah to offer urgent nighttime medical care in Jerusalem". The Jerusalem Post | JPost.com. Retrieved December 18, 2017.
  16. ^ ולצר, יעל (February 17, 2017). "איל ההון שמייצר "שגרירים לישראל בעולם"". Ynet (in Hebrew).
  17. ^ "כזה עוד לא ראינו: מי תרם מיליון דולר בהפתעה?". Israel Hayom (in Hebrew). June 28, 2022. Retrieved August 25, 2022.
  18. ^ "Aaron Frenkel". Limmud FSU Canada. Archived from the original on October 7, 2018. Retrieved October 7, 2018.
  19. ^ "Limmud FSU: 'We'll reach out to Jews keen to learn'". Jewish News. February 8, 2018. Retrieved October 7, 2018.
  20. ^ "Let My People Know!". The Jerusalem Post. June 22, 2015. Retrieved August 25, 2022.
  21. ^ "2,000 Participants attend 10th Anniversary of Limmud FSU Israel". ejewishphilanthropy.com. Retrieved October 7, 2018.
  22. ^ Liphshiz, Cnaan (September 21, 2021). "Israeli philanthropists, IsraAID help dozens flee Afghanistan for UAE". The Times of Israel. Retrieved August 25, 2022.
  23. ^ "Former rescuer of Soviet Jews helps bring Afghan women to freedom". Jewish News Syndicate. September 20, 2021. Retrieved August 25, 2022.
  24. ^ "AARON FRANKEL – KNOWN PHILANTHROPIST AND BUSINESSMAN". dyhanie.
  25. ^ "Aaron Frenkel, Monaco". Archived from the original on July 15, 2013. Retrieved January 4, 2016.
  26. ^ "Ordonnance Souveraine n° 10.189 du 17 novembre 2023 portant promotions ou nominations dans l'Ordre des Grimaldi". journaldemonaco.gouv. Retrieved January 11, 2024.
  27. ^ [1].
  28. ^ [2].
  29. ^ "Mr. Aaron Frenkel, Monaco". presidentconf. Archived from the original on July 15, 2013. Retrieved January 4, 2016.
  30. ^ "Tel Aviv Museum of Art, International Board of Governors".
  31. ^ "Tel Aviv Museum of Art – Monaco, August 3rd 2010". Archived from the original on May 14, 2019. Retrieved January 12, 2016.
  32. ^ "Tel Aviv University Governors Roll". Tel Aviv University. October 31, 2012. Retrieved June 11, 2020.
  33. ^ "Yad Sarah's Longtime Supporter and Friend, Mr. Aaron G. Frenkel, Receives the Yakir Keren Hayesod Award - Yad Sarah News". www.yadsarahnewsenglish.022.co.il. Retrieved March 23, 2021.

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