Currently, he acts as the chairman of the privately owned conglomerate, which will be investing considerable capital in developing their commercial property interests in Europe, especially in office buildings and retail properties. While to date, the main activities of the company have consisted of dealing with precious metals and germs, i.e., diamonds and gold, as well as operating nickel mines spread from West Africa to the Balkans. This low profile billionaire is named the 6th richest person in Israel as of March 2013.