Friday Dec 5, 2025
NEWSLETTER
www.israelhayom.com
  • Home
  • News
    • Israel
    • Israel at War
    • Middle East
    • United States
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
  • Home
  • News
    • Israel
    • Israel at War
    • Middle East
    • United States
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
Home Economy

Israel's millionaires largely untouched by COVID pandemic, report finds

Credit Suisse study reveals that the number of millionaires in Israel dropped by only 154 in 2020, despite the unprecedented economic challenges.

by  Eran Bar-Tal
Published on  10-28-2020 11:45
Last modified: 10-28-2020 09:34
Israel's millionaires largely untouched by COVID pandemic, report findsReuters

The logo of Swiss bank Credit Suisse | File photo: Reuters

Share on FacebookShare on Twitter

The coronavirus pandemic has had only a slight effect on Israel's millionaires. According to a wealth report from Credit Suisse for this past year, the number of millionaires has dropped by only 154.

The Credit Suisse report says that as of June 2020, Israel was home to 157,286 millionaires, compared to 157,400 millionaires at the start of 2020.

Follow Israel Hayom on Facebook and Twitter

According to the Swiss banking giant, which studied wealth all over the world, Israel is ranked 30th globally in terms of the number of millionaires who live there. The study also showed that Israel was home to over 10 billionaires.

The rest of the country is living more modestly. The report indicated that at the end of June 2020, the average per capita wealth in Israel was 773,000 shekels ($221,000), compared to $222,513 at the start of the year.

The total wealth of all adult Israeli citizens currently stands at $1.231 billion, a slight decrease from 2019, when it stood at $1.233 billion.

Subscribe to Israel Hayom's daily newsletter and never miss our top stories!

Tags: billionaireCOVIDIsraelmillionairePandemicwealth

Related Posts

Investing guru explains Wall Street's 'greatest show on earth'Getty Images / urfinguss

$400 million liquidation sparks new crypto collapse in Bitcoin, Ethereum

by Erez Linn

Shares tied to digital assets in Asia receded after China's central bank cautioned about illegal acts.

Google's Gemini 3 Pro arrives: Is it a game-changer?REUTERS/Dado Ruvic; Yossi Hai Hanuka Photo: AP Photo/Jeff Chiu, File

Alphabet's market cap approaches $4 trillion amid AI rally

by Erez Linn

Stock climbed nearly 70% this year, outpacing rivals. Strong cash flow, in-house chips, and successful Gemini 3 model have made...

Israel central bank announces 25 points cut; first time in two yearsGetty Images/Oren Ben Hakoon

Israel central bank announces 25 points cut; first time in two years

by Erez Linn

Bank of Israel shifts policy, cuts interest rate by a quarter point amid falling inflation.

Menu

Analysis 

Archaeology

Blogpost

Business & Finance

Culture

Exclusive

Explainer

Environment

 

Features

Health

In Brief

Jewish World

Judea and Samaria

Lifestyle

Cyber & Internet

Sports

 

Diplomacy 

Iran & The Gulf

Gaza Strip

Politics

Shopping

Terms of use

Privacy Policy

Submissions

Contact Us

About Us

The first issue of Israel Hayom appeared on July 30, 2007. Israel Hayom was founded on the belief that the Israeli public deserves better, more balanced and more accurate journalism. Journalism that speaks, not shouts. Journalism of a different kind. And free of charge.

All rights reserved to Israel Hayom

Hosted by sPD.co.il

  • Home
  • News
    • Israel at War
    • Israel
    • United States
    • Middle East
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il

Newsletter

[contact-form-7 id=”508379″ html_id=”isrh_form_Newsletter_en” title=”newsletter_subscribe”]

  • Home
  • News
    • Israel at War
    • Israel
    • United States
    • Middle East
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il