Shlomo Eliahu ( he, שלמה אליהו, born 18 January 1936) is an Israeli businessman, billionaire, and former politician who served as a member of the

Knesset The Knesset ( he, הַכְּנֶסֶת ; "gathering" or "assembly") is the unicameral legislature of Israel. As the supreme state body, the Knesset is sovereign and thus has complete control of the entirety of the Israeli government (with ...

between 1978 and 1981.

Biography

Born in

Baghdad Baghdad (; ar, بَغْدَاد , ) is the capital of Iraq and the second-largest city in the Arab world after Cairo. It is located on the Tigris near the ruins of the ancient city of Babylon and the Sassanid Persian capital of Ctesiphon. I ...

in 1936, Eliahu made aliyah to Israel in 1950 with his parents and eight siblings. After initially being based in a

ma'abara Ma'abarot ( he, מַעְבָּרוֹת) were immigrant and refugee absorption camps established in Israel in the 1950s, constituting one of the largest public projects planned by the state to implement its sociospatial and housing policies. ...

at Beit Lid, his family moved to Kiryat Shalom. Shortly after immigrating he started working for Migdal. After being sacked in 1953, he began working for Binyan as an insurance agent. He was exempted from

national service National service is the system of voluntary government service, usually military service. Conscription is mandatory national service. The term ''national service'' comes from the United Kingdom's National Service (Armed Forces) Act 1939. The ...

in the IDF as he had suffered from

polio Poliomyelitis, commonly shortened to polio, is an infectious disease caused by the poliovirus. Approximately 70% of cases are asymptomatic; mild symptoms which can occur include sore throat and fever; in a proportion of cases more severe s ...

, and in 1955 started an independent insurance company in the Shapira neighbourhood of

Tel Aviv Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the ...

. In 1966 he established the Eliyahu insurance company, which initially dealt only with car insurance, before expanding to other forms of insurance. In 1977 he joined the new Democratic Movement for Change (Dash) party, and won a place on its Knesset list. Although he failed to win a seat in the 1977 elections, he entered the Knesset on 15 February 1978 as a replacement for

Meir Zorea Meir "Zarro" Zorea MC ( he, מאיר זורע, born Meyer Zarodinsky ( he, מאיר זארודינסקי) on 14 March 1923, died 24 June 1995) was a general in the Israel Defense Forces (IDF) and later a member of the Knesset. He earned distinc ...

. When the party split later in 1978, he joined the Democratic Movement. On 8 July 1980 Eliahu and Shafik Assad left the Democratic Movement to establish Ahva.Mergers and Splits amongst Parliamentary Groups
Knesset website Although they were later joined by Akiva Nof, both Nof and Assad left the party by the end of the Knesset session, leaving Eliahu as its only member. The party did not run in the 1981 elections, and Eliyahu lost his seat. Today Eliahu owns a large stake in Bank Leumi and 23% of the

Union Bank of Israel The Union Bank of Israel, Ltd. ( he, בנק אגוד לישראל); ), more widely known by its Hebrew name, Bank Igud, is the sixth largest Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the Stat ...

. According to

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...

, in 2011 he was ranked as Israel's 12th richest person with a net worth of $1.1 billion (USD).
Forbes, 11 December 2011 He is divorced with four children.

References

External links

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Shlomo Eliahu
biography from the official website {{DEFAULTSORT:Eliahu, Shlomo 1936 births People from Baghdad Iraqi Jews Iraqi emigrants to Israel Israeli businesspeople Living people Democratic Movement (Israel) politicians Democratic Movement for Change politicians Ahva (political party) politicians Members of the 9th Knesset (1977–1981)