Lev Leviev

Chairman
Africa Israel Investments
229 W 43rd St #10
New York, NY 10036
(212) 205-1400
Website

Lev Leviev is the chairman and controlling shareholder of Africa Israel Investments, a conglomerate with global real estate holdings whose shares trade on the Tel Aviv Stock Exchange.

In April 2007, Leviev acquired the Times Square Building, the old headquarters of The New York Times, $525 million. This investment was followed by others, all at peak prices and using borrowed money. In the ensuring collapse of New York real estate prices prompted by the financial crisis, Leviev infused the firm with his personal wealth to cover the losses.

Leviev may also be the worlds biggest trader of diamonds. He began working as diamond-cutter when he was a teenager and the diamond industry is where he made his initial fortune. Leviev was born in Uzbekistan and immigrated to Israel with his family in the early 1970s.

-TA

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