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David Fattal & family

David Fattal & family

D. family
0.37% | + $7.04M
$1.9 B ₹ 17,259 Cr
Real Time Net Worth #2135 Ranking as of 21 Feb 2026 By Forbes

More on David Fattal & family

Gender

Male

Age

69Y

Country

Israel

Born On

January, 1957

Deceased

No

Relationship Status

Married

Children

4

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Hotels)

Primary Organization

Fattal Hotels

Titles

Founder & Chairman

Sources of Wealth

Fattal Hotels

Industry

Hospitality, Real Estate

About David Fattal & family


D avid Fattal is an Israeli self-made billionaire and the founder and chairman of Fattal Hotels, the largest hotel chain in Israel. He began his career in the hospitality industry, working in various roles before taking the entrepreneurial leap. In 1998, he founded his own hotel management company and opened his first hotel.

He grew his company aggressively, both by opening new hotels and by acquiring existing ones, quickly building a dominant presence in the Israeli tourism market. He has also expanded the company's footprint internationally, with a significant portfolio of hotels across Europe, often operating under the Leonardo Hotels brand. He took the company public on the Tel Aviv Stock Exchange in 2018 but retains a controlling stake. His success is a story of a hands-on hotelier who built a massive hospitality empire from the ground up.

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Quick Reads


  • Founder and Chairman of Fattal Hotels, Israel's largest hotel chain.
  • A self-made billionaire, he started his career in the hotel industry.
  • Has expanded his hotel network across Europe under the Leonardo Hotels brand.
  • Took his company public on the Tel Aviv Stock Exchange in 2018.
  • He and his family control the majority of the company.

Early Life and Background


David Fattal is an Israeli businessman, the self-made billionaire founder and CEO of Fattal Hotels, Israel's largest hotel organization. His career is a classic rags-to-riches story rooted entirely in the hospitality industry, where he began with the most humble of positions: as a waiter and bellboy.

Fattal's extensive career in hotel management began at the ground level, providing him with invaluable, direct experience in customer service, hotel operations, and management. He dedicated decades to rising through the management ranks of major Israeli hotels, recognizing the immense, untapped potential of professionalizing and scaling the national hotel and hospitality sector.

Career Journey of David Fattal & family


David Fattal founded Fattal Hotels in 1998 at the age of 41, after decades of climbing the corporate ladder in various hospitality chains. His strategic vision was to build the dominant hotel organization in Israel, focusing on high-quality service, efficient operations, and aggressive portfolio expansion.

Under his leadership, Fattal Hotels grew rapidly through acquisition and development, becoming the largest hotel organization in Israel. The company operates numerous hotels under various brands, successfully scaling its model nationally. Fattal's success is a testament to the profitability of mastering the essential service sector of hospitality. His multi-billion dollar fortune is tied to the long-term, appreciating value of his real estate and hospitality assets, securing his family's position as a major force in Israeli tourism.

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David Fattal & family's Timeline


1970s–1980s:

Works as a waiter and bellboy, rising through the ranks of hotel management (Formative Career).

1998 (Age 41):

Founds Fattal Hotels (Founding).

Ongoing:

Fattal Hotels grows to become Israel's largest hotel organization (Market Domination).

Ongoing:

Continues as Founder and CEO, guiding the company's expansion (Executive Leadership).

Major Business Ventures and Investments


David Fattal's wealth is concentrated in his founding and continued executive leadership of the private hospitality giant, Fattal Hotels, Israel's largest hotel organization.

  • Fattal Hotels (Founder & CEO): The core private asset, Israel's largest hotel organization, specializing in high-quality management and ownership of hotel properties.
  • Real Estate Holdings: His wealth is intrinsically tied to the real estate assets underlying his massive hotel portfolio, a key strategy in the hospitality industry.
  • Hospitality Expertise: His career path began as a waiter and bellboy, providing him with invaluable ground-level operational knowledge.
  • Investment Focus: His strategy focuses on acquiring, developing, and efficiently managing hotel properties in high-demand tourist and business locations.

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Philanthropy and Social Impact


David Fattal's social impact is structural, stemming from Fattal Hotels' role as a major employer and a foundational component of the Israeli tourism industry. The company provides thousands of jobs and contributes significantly to the national economy.

His personal philanthropy often supports educational and social initiatives, particularly those focused on youth and professional development within the hospitality sector. His career provides an inspirational narrative of rising from the most humble of positions to the absolute pinnacle of an essential service industry.

Fashion, Style, and Lifestyle


David Fattal maintains the professional, formal style of a successful Israeli executive. His attire is consistently tailored and high-quality, favoring business suits. His aesthetic is one of confident authority and stability, befitting a self-made titan of the hospitality sector.

His luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is defined by his commitment to service excellence, operational efficiency, and the long-term, stable growth of the hotel and tourism industry.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He started his career as a waiter and bellboy.
  • He founded Fattal Hotels in 1998 at age 41.
  • Fattal Hotels is Israel's largest hotel organization.
  • His success is built on his decades of experience in hotel operations and management.
  • The company operates numerous hotels under various brands.
  • His wealth is tied to the successful management of high-quality real estate and hospitality assets.
  • He is known for his dedication to customer service and operational excellence.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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