Early Life
Shlomo Eliahu was born in Baghdad, Iraq, on January 18, 1936. At the age of 14, he immigrated to Israel with his parents and eight siblings in 1950. The family initially resided in a transit camp, later moving to the Kiryat Shalom neighborhood in Tel Aviv. After the death of his father, Eliahu became the primary breadwinner for his family.
Rise to Success
Eliahu's career began with a messenger job at an insurance company. He recognized an opportunity to become an independent insurance agent. In 1955, he started his insurance agency. In 1966, he founded the Eliahu Insurance Company. The company initially focused on car insurance, but later expanded into all areas of the insurance industry. In 1999, the Eliahu Group acquired a significant share in Bank Leumi, solidifying Eliahu's presence in the banking sector.
Key Business Strategies
Eliahu's business strategy focused on providing tailor-made products and excellent customer service, which helped Eliahu Insurance to grow quickly. He expanded his business interests beyond insurance and into the banking sector.
Philanthropy
Eliahu's philanthropic activities reflect his dedication to hard work, honesty, creativity, and his deep love for Israel. He supports several organizations, including Aleh, Israel's largest network of residential facilities for children with severe physical and cognitive disabilities. He also funds scholarships and is a Trustee of Tel Aviv University.
