The Ledger / Michael Federmann
Michael Federmann
◼ Origin
Michael Federmann led and expanded the Federmann Group, an Israeli conglomerate controlling Elbit Systems -- Israel's largest defense electronics company -- and Dan Hotels, Israel's largest hotel chain. The family's controlling stake in Elbit Systems was built up through decades of acquisitions and mergers including El-Op Electro-Optics and Tadiran Electronic Systems. Michael served as Elbit's non-executive chairman from 2000 to 2023; his son Bezhalel Federmann now chairs the board. The family controls approximately 42% of Elbit Systems through Federmann Enterprises Ltd.
◼ Self-Made Verdict — PARTIAL
Inherited the Federmann family's controlling stake in Elbit Systems and Dan Hotels, which were established enterprises; expanded Elbit substantially through international M&A and new business lines over his chairmanship tenure.
◼ Documented marks
01
Chairman of Elbit Systems Ltd. (NASDAQ: ESLT) — Israel's largest non-governmental defense electronics company
02
Chairman of Dan Hotels — Israel's leading luxury hotel chain (seven properties)
03
Elbit Systems suspended by NATO Support and Procurement Agency (NSPA) from all new contract bidding July 31, 2025, amid bribery investigation into NSPA procurement officials
04
Interpol arrest warrant issued for consultant linked to Elbit for bribery and participation in a criminal organization; 13 Elbit + 2 Orion subsidiary contracts under investigation
05
Received honorary CBE in 2014 for UK-Israel business and cultural cooperation
06
Federmann family controls approximately 42% of Elbit Systems Ltd. (NASDAQ: ESLT) through Federmann Enterprises Ltd. holding company
07
Elbit Systems is Israel's largest defense electronics company, generating $10+ billion annual revenue from drones, surveillance systems, armored vehicle electronics, and cyber capabilities
08
Federmann Group also controls Dan Hotels, Israel's largest hotel chain, through separate holding structures
09
Elbit equipment is documented in use in Gaza military operations, the West Bank separation barrier, and conflict zones across multiple countries
10
Michael served as Elbit's non-executive chairman 2000-2023; son Bezhalel Federmann now chairs the board
11
Federmann family controls approximately 42% of Elbit Systems Ltd. (NASDAQ: ESLT) through Federmann Enterprises Ltd. holding company
12
Elbit Systems is Israel's largest defense electronics company, generating $10+ billion annual revenue from drones, surveillance systems, armored vehicle electronics, and cyber capabilities
13
Federmann Group also controls Dan Hotels, Israel's largest hotel chain, through separate holding structures
14
Elbit equipment is documented in use in Gaza military operations, the West Bank separation barrier, and conflict zones across multiple countries
15
Michael served as Elbit's non-executive chairman 2000-2023; son Bezhalel Federmann now chairs the board
No inheritance, or primary accounts documented for this billionaire yet.
◼ List of charges
Total sentence
0–0 years
That is
0.0–0.0 life sentences
(using 78 years as one life)
These are moral charges, not legal ones. The actual legal system has not — and will not — bring them.
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