Billionaire Profile
Assaf Rappaport
Global Rank
#1626

Image: Public domain | via Wikimedia Commons

Assaf Rappaport

CEO, Wiz
IL
Real-Time Net Worth
$2.2B
As of December 2025
Age
42
Source
Security startup
Industry
technology
Citizenship
IL

Biography

Assaf Rappaport is an Israeli entrepreneur and cybersecurity executive, currently serving as the CEO of Wiz, a cloud security company. Born on August 28, 1983, Rappaport has a net worth of $2.2 billion, primarily from his stake in Wiz. His career highlights include co-founding the cybersecurity startup Adallom, which was acquired by Microsoft, where he then led the company's Israel Research and Development (R&D) Center. Rappaport is known for his unconventional leadership style and his commitment to simplifying cloud security for organizations, with Wiz serving over 40% of Fortune 100 companies.

Wealth Over Time

In-Depth Profile

Early Life and Education

Assaf Rappaport was born in Israel on August 28, 1983. He showed an early interest in science and technology. Rappaport graduated from the Hebrew University of Jerusalem with a bachelor's degree in computer science, physics, and mathematics. He furthered his education at the Technion – Israel Institute of Technology, earning a master's degree in computer science. During his studies, he was selected for the Talpiot program, an elite Israel Defense Forces (IDF) unit, where he received rigorous academic and leadership training.

Rise to Success

Rappaport's career began with military service in the IDF. He then worked briefly as a consultant at McKinsey & Company before venturing into cybersecurity. In 2012, Rappaport co-founded Adallom, a cloud access security broker (CASB). Adallom was acquired by Microsoft in July 2015 for approximately $320 million. After the acquisition, Rappaport led Microsoft's Israel Research and Development Center. In January 2020, Rappaport co-founded Wiz with Ami Luttwak, Roy Reznik, and Yinon Costica. Wiz emerged from stealth mode in December 2020 with a $100 million Series A funding round. By May 2024, Wiz had achieved a $12 billion valuation. The company's success led to an offer from Google to acquire Wiz for $32 billion, which was accepted in March 2025.

Key Business Strategies

Wiz's strategy focused on simplifying cloud security with an agentless approach. The platform provides real-time security risk assessment across multiple cloud environments. Rappaport emphasized rapid fundraising, hiring elite talent, and targeting top-tier customers. Wiz serves over 40% of Fortune 100 companies. The company's revenue surpassed $100 million in 2023. Wiz acquired companies like Gem Security and Raftt, and established partnerships with industry leaders.

Philanthropy

Assaf Rappaport became the first CEO in Israel to announce surrogacy grants for both same-sex and heterosexual couples at Wiz. Rappaport is also outspoken about his political views.

Career Milestones

2001

Military Service

Enlisted in the IDF's Talpiot program and served in Unit 81 and Unit 8200.

2012

Co-founded Adallom

Co-founded Adallom, a cloud access security broker.

2015

Adallom Acquired by Microsoft

Adallom was acquired by Microsoft for approximately $320 million.

2015-2019

Head of Microsoft Israel R&D Center

Led Microsoft's Israel Research and Development Center.

2020

Co-founded Wiz

Co-founded Wiz, a cloud security company.

2024

Wiz Valuation

Wiz reached a $12 billion valuation.

2025

Wiz to be acquired by Google

Wiz was sold to Google for $32 billion.

Philanthropy & Social Impact

LGBTQ+

Surrogacy Grants

Undisclosed

Introduced surrogacy grants for both same-sex and heterosexual couples at Wiz

Business Philosophy & Leadership

Leadership Principles

Humility

Despite success, he is known for his humility.

Unconventional Leadership

Engages with employees as equals and dresses casually.

Visionary

Focused on building a safer, more sovereign digital world.