Early Life
David Wertheim was born on January 1, 1958. His father, Moshe Wertheim, founded the Central Bottling Company, Israel's Coca-Cola bottler, which later became the cornerstone of the family's wealth. Wertheim grew up in Israel and later inherited a significant portion of his father's business holdings.
Rise to Success
David Wertheim's rise to success is closely tied to the Central Bottling Company (CBC). In 2013, he took control of the company after his father decided to divide his inheritance. Wertheim received 63% of the shares in the company. Under his leadership, CBC has undergone significant changes, including modernizing operations and investing in sustainable packaging. He also became a controlling shareholder of Mizrahi Tefahot Bank, the third-largest bank in the country. Additionally, Wertheim founded and controls Keshet Media Group, a major media company in Israel.
Key Business Strategies
Wertheim's key business strategies involve a focus on maintaining and growing CBC's market position while adapting to changing market demands. He has implemented management changes and operational improvements. He has also expanded his investment portfolio by acquiring his sister's shares in Alony Hetz and becoming the controlling shareholder of Mizrahi Tefahot Bank.
Philanthropy
Specific details about David Wertheim's philanthropic activities are not readily available in the search results.