Prominent Israeli businessman Michael Strauss, the founder of former chairmen of the Strauss Group, died Saturday. He was 86.
The Strauss Group is Israel's second-largest food products manufacturer. The value of the Strauss family's holdings in the group as of 2019 is estimated at $1.7 billion.
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Strauss is survived by his three children, 12 grandchildren, two great-grandchildren and sister Raya Strauss-Ben Dror.
