Federmann family trust beneficiary; about $2.4B interest in Elbit
Federmann family trust beneficiary · Person
Irith Federmann-Landeau, a member of the Federmann family, holds an indirect, non-voting economic interest of about 7.2% in Elbit Systems' outstanding shares through a trust structure, according to Elbit's 2026 proxy statement. Voting control of the family block, about 41.2% of Elbit, sits with Michael Federmann through Federmann Enterprises and an affiliate; her stake carries the profits without the votes. On the September 2026 market value used in this map, a 7.2% economic interest is worth roughly $2.4B. Elbit is Israel's largest weapons maker, producing 85% of the drones used by the Israeli Air Force and 85% of the army's land equipment; an Elbit Hermes 450 drone was used in the 2024 strike that killed seven World Central Kitchen aid workers in Gaza. Elbit's 2025 revenue was $7.94B. The UN Commission of Inquiry concluded in September 2025 that Israel committed genocide in Gaza.
● confirmed by a primary document · ○ reported
Michael Federmann is the trustee of a trust on behalf of his sister, Irith Federmann-Landeau, that holds an indirect non-voting economic interest of approximately 7.26% in our outstanding ordinary shares through an indirect approximately 17.5% non-voting interest in FEL.
The family controls Elbit Systems through a private company called Federmann Enterprises, owned by Mikey Federmann and his children David, Gideon, and Daniel; his sister Irit; his cousin Ami and his children; and their mother, Ruth Federmann.
holds an indirect non-voting economic interest of approximately 7.2% in our outstanding Shares
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