Yitzhak Tshuva

Early Life

Yitzhak Tshuva was born in Tripoli, Libya, in 1948, and immigrated to Israel with his family at six months old. They initially lived in a transit camp before settling in Netanya. At a young age, Tshuva began working to support his family. He served in the Israel Defense Forces in the Engineering Corps and later worked in the Israeli Defense Ministry's construction and engineering department.

Rise to Success

Tshuva's career took off in the 1970s when he became a developer of low-income neighborhoods, mainly in Netanya. He expanded his real estate ventures and founded the El-Ad Group, a real estate development company with a global presence. A major achievement was acquiring the New York Plaza Hotel in 2005.

Key Business Strategies

A pivotal moment in Tshuva's career was gaining control of Delek Group in 1998, transforming it into an energy company. Delek Group discovered significant offshore natural gas reserves, which greatly contributed to Israel's energy independence and economic standing.

Philanthropy

Tshuva supports educational initiatives and has established foundations and scholarships for low-income students. He promotes economic partnerships and ventures between Israel and its neighbors to advance peace. He has donated to support IDF widows and orphans.