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Zadik Bino & family

Zadik Bino & family

Z. family
-1.39% | - $-38.85M
$2.68 B ₹ 24,618 Cr
Real Time Net Worth #1559 Ranking as of 01 Mar 2026 By Forbes

More on Zadik Bino & family

Gender

Male

Age

83Y

Country

Israel

Born On

January, 1943

Deceased

No

Relationship Status

Unknown

Children

3

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Banking, Energy)

Primary Organization

Bino Holdings

Titles

Owner

Sources of Wealth

Paz Oil Company, First International Bank Of Israel

Industry

Banking, Energy, Oil & Gas, Investments, Finance

About Zadik Bino & family


Z adik Bino is a low-profile Israeli billionaire with a diversified fortune built on savvy investments in the banking and energy sectors. Born in Iraq, he immigrated to Israel as a child. He began his career in finance and rose to become the CEO of First International Bank of Israel, one of the country's major banks. He later acquired a controlling stake in the bank, which became a key component of his wealth.

In addition to his banking interests, he made a highly successful move into the energy sector by acquiring a stake in Paz Oil Company, Israel's largest fuel company, which operates a nationwide network of gas stations and an oil refinery. He served as the chairman of Paz for many years. The family's combined stakes in these two major publicly traded companies are the primary source of their billion-dollar fortune. He has since handed over the leadership of his holding company to his son, Gil Bino.

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Quick Reads


  • A major shareholder in Paz Oil, Israel's largest fuel company.
  • Also holds a large stake in First International Bank of Israel.
  • He was born in Iraq and immigrated to Israel.
  • He formerly served as the CEO of First International Bank and as the Chairman of Paz Oil.
  • His son now runs the family's holding company.

Early Life and Background


Zadik Bino is an Israeli businessman, the self-made billionaire Controlling Shareholder of Paz Oil Company Ltd. (TASE: PZOL), Israel's dominant oil and gas distribution and retail company, and a major figure in Israeli banking. His career is rooted in finance, energy, and strategic corporate acquisition.

Bino's philosophical approach centers on scale, stability, and long-term commitment to resource control in the essential energy and financial sectors. He gained prominence as a senior executive at Bank Leumi before pivoting to private enterprise.

  • Paz Oil Company (Controlling Shareholder): The core publicly traded asset, a major provider of fuel distribution, refining, and retail (gas stations/convenience stores) across Israel.
  • Energy Pioneer: His success is built on scale acquisition and vertical integration in the downstream oil and gas sector.
  • Banking Focus: He was formerly a key executive at Bank Leumi and is a major investor in the Israeli financial sector.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and resource infrastructure.

Career Journey of Zadik Bino & family


Zadik Bino's strategic genius was his commitment to high-capital asset acquisition. After a distinguished career at Bank Leumi, he led the privatization and acquisition of Paz Oil Company (the former state-owned oil firm) in 1999, transforming it into a private market leader. His structural contribution is immense: pioneering the privatization and modernization of Israeli energy distribution.

He remains the Controlling Shareholder, guiding the company's continuous expansion and diversification into retail and convenience stores. His wealth is secured by the colossal, long-term, stable profitability of the global energy, resource, and retail sectors.

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Zadik Bino & family's Timeline


1980s (approx.):

Serves as a Senior Executive at Bank Leumi (Corporate Entry).

1999:

Leads the acquisition of Paz Oil Company during privatization (Pivotal Acquisition).

Ongoing:

Continues as Controlling Shareholder and Executive, guiding the massive conglomerate (Executive Oversight).

Major Business Ventures and Investments


Zadik Bino's wealth is concentrated in his controlling stake and executive leadership of the publicly traded energy giant, Paz Oil Company Ltd. (TASE: PZOL), and his private investments.

  • Paz Oil Company (Controlling Shareholder): The core publicly traded asset, a major provider of fuel distribution, refining, and retail (gas stations/convenience stores) across Israel.
  • Energy Pioneer: His success is built on scale acquisition and vertical integration in the downstream oil and gas sector.
  • Banking Focus: He was formerly a key executive at Bank Leumi.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and resource infrastructure.

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Philanthropy and Social Impact


Zadik Bino's social impact stems from Paz Oil Company's role in providing essential fuel and energy resources that underpin the Israeli economy and transportation sector. His personal philanthropy supports various educational and community initiatives, often focused on youth welfare and technology education in Israel.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Zadik Bino maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global industrial sector.

Residing in Tel Aviv, Israel, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to corporate governance, strategic investment, and resource management.

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Quotes and Philosophy


“In the energy market, you must secure the resource assets, control distribution, and manage risk with an eye on decades, not quarters.”

Fun Facts & Trivia


  • He is the Controlling Shareholder of Paz Oil Company, Israel's dominant fuel distribution and retail firm.
  • He led the privatization and acquisition of Paz Oil in 1999.
  • He was a former senior executive at Bank Leumi.
  • His fortune is tied to the successful monetization and scale of energy resource distribution.
  • His philosophy emphasizes long-term asset hold and vertical integration.

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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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