Ofer Gilboa
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Aug 12, 2026
05:54Globes

Markets
A year ago, Ofer Gilboa didn't know what he bought. Today, he is up 160 million shekels
Gilboa, owner of the cargo airline Challenge Airlines, acquired control of Gaon Holdings last year and admitted at the time: 'It's not even clear to me yet what I bought.' Since then, he has enjoyed a 220% surge in the infrastructure company's stock, which tripled its profits in 2025 thanks to operational improvements.
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