Federmann heir; about $2.0B stake in Elbit Systems
Federmann heir · Person
Daniel Federmann, a son of Michael Federmann, holds an indirect economic interest of about 6.12% in Elbit Systems through the Federmann family chain, according to Elbit's 2026 proxy statement; with his father and brothers David and Gideon, the family's combined look-through stake is about 25.5%. On the September 2026 market value used in this map, a 6.12% stake is worth roughly $2.0B. Elbit is Israel's largest weapons maker: it produces 85% of the drones used by the Israeli Air Force and 85% of the army's land equipment, and an Elbit Hermes 450 drone was used in the 2024 strike that killed seven World Central Kitchen aid workers in Gaza. Elbit's revenue reached $7.94B in 2025. The UN Commission of Inquiry concluded in September 2025 that Israel committed genocide in Gaza; every Elbit contract for that genocide adds to the value of the family's holding. Inheritance, in this case, is denominated in drones.
● confirmed by a primary document · ○ reported
each of Gideon and Daniel Federmann holding an approximately 6.12% economic interest
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