Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Fast Forward

Warren Buffett Raised $80 Million In Israel Bonds, Calls Israel ‘Remarkable’

(JTA) — Warren Buffett helped raise $80 million in Israel Bonds investments.

The billionaire businessman and philanthropist hosted a dinner reception last week in his hometown of Omaha, Nebraska — his third such event for Israel Bonds in 18 months. Over 70 Israel Bonds investors from the United States and Canada made a minimum purchase of $1 million in bonds to attend the event at the University of Nebraska Medical Center’s Fred and Pamela Buffett Cancer Center.

Israeli dignitaries and members of the diplomatic corps on hand included Shai Babad, director general of Israel’s Finance Ministry; Danny Danon, Israel’s ambassador to the United Nations; and Dani Dayan, the consul general of Israel in New York.

“I’ve lived through Israel’s entire 70-year history and I believe it is one of the most remarkable countries in the world,” Buffett said at the event. “I’m delighted to own Israel Bonds.”

He also said: “I have nothing but good feelings about what I am doing. The United States and Israel will always be linked. It is a good thing for Israel that there is an America, and it is a good thing for America that there is an Israel.”

The three Israel Bonds events hosted by Buffett in the past 18 months have raised investments totaling $290 million, according to Israel Bonds.

The Israeli tool company ISCAR Metalworks was Buffet’s first major overseas acquisition in 2006; he purchased the remaining 20 percent of the company in 2013. Buffett holds several million dollars in Israel Bonds, as does his company Berkshire Hathaway GUARD Insurance Companies.

Alyssa Fisher is a news writer at the Forward. Email her at [email protected], or follow her on Twitter at @alyssalfisher

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.