BillionaireNet
Rappaport
Assaf Rappaport
Rank #1757
ISRAELTechnologySecurity startup

Assaf Rappaport

Net Worth
$2.24B
0% (24h)
Assaf Rappaport is an Israeli entrepreneur and cybersecurity executive, best known as the co-founder and CEO of Wiz, a cloud security company. His journey includes co-founding Adallom, a SaaS security provider later acquired by Microsoft, where he then led the Azure security stack. Rappaport's career began with his military service in the elite Unit 8200 of the Israel Defense Forces. Rappaport's net worth is estimated at $2.2 billion, according to recent reports. His source of wealth stems primarily from his success with Wiz, which has revolutionized cloud security for over 40% of Fortune 100 companies. Wiz was acquired by Google's parent company Alphabet Inc. in March 2025 for $32 billion, a testament to Rappaport's achievements and innovative approach. His career is marked by impactful milestones, including leading Microsoft's Israel R&D Center. He is 42 years old, lives in Tel Aviv, and is known for his simple lifestyle.

The Full Dossier

Early Life

Assaf Rappaport was born on August 28, 1983, in Israel. His early life was marked by a strong interest in technology and problem-solving. He graduated from the Hebrew University of Jerusalem with a bachelor's degree in computer science, physics, and mathematics. He later earned a master's degree (MSc) in computer science from the Technion – Israel Institute of Technology.

Rise to Success

Rappaport's career began with mandatory service in the Israel Defense Forces (IDF) in 2001, where he joined the Talpiot program. He served in Unit 81, a top-secret technological unit, and later in Unit 8200, the IDF's cyber and signal intelligence corps. After his military service, Rappaport briefly worked as a consultant at McKinsey & Company. In 2012, he co-founded Adallom, a cloud access security broker (CASB), which was acquired by Microsoft in July 2015 for approximately $320 million. Following the acquisition, Rappaport became the head of Microsoft's Israel Research & Development Center, leading the company's Cloud Security Group. In January 2020, Rappaport co-founded Wiz with Ami Luttwak, Roy Reznik, and Yinon Costica. Wiz emerged from stealth mode in December 2020 with a US$100 million Series A funding round. In March 2025, Alphabet Inc., Google's parent company, acquired Wiz for approximately US$32 billion.

Key Business Strategies

Rappaport's key business strategies have focused on identifying and solving critical security problems in the cloud. His approach emphasizes simplicity and user-friendliness. At Wiz, he prioritized rapid fundraising, hiring top talent, and targeting high-profile clients. This strategy led Wiz to become the fastest-growing cybersecurity company and a leader in cloud security, serving over 40% of the Fortune 100.

Philanthropy

Assaf Rappaport is known for his support of social causes. He was the first CEO in Israel to introduce surrogacy grants for both same-sex and heterosexual couples at Wiz.

Career Timeline

2025

Wiz Acquired by Google

Wiz was acquired by Alphabet Inc. for approximately $32 billion.

2020

Co-founded Wiz

Co-founded Wiz, a cloud security company.

2015

Head of Microsoft Israel R&D Center

Appointed head of Microsoft's Israel Research & Development Center.

2015

Adallom Acquired by Microsoft

Adallom was acquired by Microsoft for approximately $320 million.

2012

Co-founded Adallom

Co-founded Adallom, a cloud access security broker (CASB).

Philanthropic Impact

Social SupportUndisclosed

Surrogacy Grants

Introduced surrogacy grants for both same-sex and heterosexual couples at Wiz

Wealth Trajectory