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Home In Brief

IKEA Israel controlling shareholder Yaakov Shalom Fisher dies

by  ILH Staff
Published on  05-06-2022 07:19
Last modified: 05-06-2022 12:24
IKEA Israel controlling shareholder Yaakov Shalom Fisher diesYossi Zeliger

Yaakov Shalom Fisher | Photo: Yossi Zeliger

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Prominent ultra-Orthodox businessman Yaakov Shalom Fisher died on Thursday after a serious illness. He was 65.

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Fisher, who passed away at the Laniado Hospital in Netanya as known for his various business ventures. He was the controlling shareholder of Swedish retail giant IKEA's Israeli franchise and had a substantial stake in Shufersal, Israel's largest supermarket chain.

According to reports in Israel's Haredi media, Fisher's fortune is estimated at over 1 billion shekels.

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