Israeli billionaire Lev Leviev is emigrating.
Leviev, the Uzbek-born diamond magnate and Orthodox philanthropist, is leaving Israel for London with his family, Ha’aretz and other media reported Thursday.
According to the reports, Leviev, 51, expects to find better tax terms and new business opportunities in Britain. But he will maintain a home in the Jewish state, where one of his daughters will continue running his international consortium, Africa-Israel.
Leviev’s personal fortune is said to be worth as much as $8 billion, making him Israel’s richest citizen.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
