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David Fattal & family
Rank #1704
ISRAELServicehotels

David Fattal & family

Net Worth
$2.409B
+0.28% (24h)
David Fattal, the 68-year-old founder of Fattal Hotels, is an Israeli billionaire who built his wealth in the service industry, specifically in hotels. Fattal's career began with humble beginnings, rising through the ranks before founding Fattal Hotels in 1998 at the age of 41. He holds a Bachelor of Social Sciences from the University of Haifa. Fattal has overseen the growth of Fattal Hotels into a major international chain with over 300 hotels across 21 countries. Fattal's net worth is primarily derived from his ownership and management of these hotels, and he is ranked among the world's billionaires.

How to read David Fattal & family's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For David Fattal & family, we anchor the narrative to Hotels and hotels, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $2.409B alongside global rank #1704, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (ISRAEL) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

David Fattal was born in Haifa, Israel, in 1957. He earned a Bachelor of Social Sciences from the University of Haifa. He furthered his education with studies at the Tadmor School for Hotel Management and courses at Cornell University. Fattal's career in the hotel industry started at age 27 as General Manager of Dan Accadia Hotels in Herzliya.

Rise to Success

In 1998, David Fattal founded the Fattal Hotel Management Company, launching his own venture with the Le Meridien Eilat. His strategic vision led to the rapid expansion of the company. By 2005, Fattal Hotels began expanding into Europe, establishing Leonardo Hotels as its European division. Fattal took the company public on the Tel Aviv Stock Exchange in 2018.

Key Business Strategies

Fattal's success is attributed to several key strategies, including strategic locations in city centers and resorts, leading to its status among Europe's fastest-growing hospitality brands. Fattal's company operates multiple brands such as Leonardo Hotels, NYX Hotels, and Herods. The company has expanded internationally, with a strong presence in Europe, the UK, and Israel.

Philanthropy

Information on specific amounts of philanthropy by David Fattal was not found in the search results.

Career Timeline

2018

Public Listing

Fattal Holdings (1998) was listed on the Tel Aviv Stock Exchange.

2005

Expansion into Europe

Fattal Hotels expanded its portfolio into Europe, founding Leonardo Hotels as its European Division.

1998

Founded Fattal Hotel Management Company

David Fattal started his own business and opened the first hotel of the chain, Le Meridien Hotel Eilat.

Philanthropic Impact

Information not availableUndisclosed

Information not available

Information on specific amounts of philanthropy by David Fattal was not found in the search results.

Key Business Ventures & Holdings

CompanyStakeValue
Fattal Holdings (1998) Ltd51.00%

Net Worth History

In-Depth Analysis

Early Life

David Fattal was born in Haifa, Israel, in 1957. He earned a Bachelor of Social Sciences from the University of Haifa. He furthered his education with studies at the Tadmor School for Hotel Management and courses at Cornell University. Fattal's career in the hotel industry started at age 27 as General Manager of Dan Accadia Hotels in Herzliya.

Rise to Success

In 1998, David Fattal founded the Fattal Hotel Management Company, launching his own venture with the Le Meridien Eilat. His strategic vision led to the rapid expansion of the company. By 2005, Fattal Hotels began expanding into Europe, establishing Leonardo Hotels as its European division. Fattal took the company public on the Tel Aviv Stock Exchange in 2018.

Key Business Strategies

Fattal's success is attributed to several key strategies, including strategic locations in city centers and resorts, leading to its status among Europe's fastest-growing hospitality brands. Fattal's company operates multiple brands such as Leonardo Hotels, NYX Hotels, and Herods. The company has expanded internationally, with a strong presence in Europe, the UK, and Israel.

Philanthropy

Information on specific amounts of philanthropy by David Fattal was not found in the search results.

Data Sources & Methodology

Figures for David Fattal & family are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.