Federmann heir; about $2.0B stake in Elbit Systems
Federmann heir · Person
Gideon 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 Daniel, 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. He does not need to run the company to collect from it.
● confirmed by a primary document · ○ reported
each of Gideon and Daniel Federmann holding an approximately 6.12% economic interest
Michael Federmann and his sons, David (who also serves as the chair of Elbit Systems’ Board), Gideon and Daniel Federmann, collectively hold an indirect economic interest equivalent to approximately 25.7% of our outstanding ordinary shares, with Michael Federmann holding an approximately 5.13% economic interest, David Federmann holding an approximately 8.2% economic interest, and each of Gideon and Daniel Federmann holding an approximately 6.15% economic interest.
The family controls Elbit Systems through a private company called Federmann Enterprises, owned by Mikey Federmann and his children David, Gideon, and Daniel;
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