Gil Shwed buys Tel Aviv home for NIS 140m

Gil Shwed  picture: Yonatan Bloom
Gil Shwed picture: Yonatan Bloom

The Checkpoint CEO bought the home in Afeka from ICQ founder Arik Vardi.

Check Point Software Technologies Ltd. (Nasdaq: CHKP) founder, CEO and chairman Gil Shwed has paid an estimated NIS 140 million for a house in Tel Aviv's Afeka neighborhood.

Shwed bought the house last August from ICQ founder Arik Vardi who had bought the house in 2000 for just NIS 20.8 million when it was only 560 square meters in size. Baroness Batsheva Rothschild reportedly once owned the home.

The house is 2,000 square meters in size today and is on over 12 acres of land and includes a swimming pool. Shwed bought the home through a company registered in the Virgin Islands.

Published by Globes [online], Israel business news - www.globes-online.com - on November 13, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

Gil Shwed  picture: Yonatan Bloom
Gil Shwed picture: Yonatan Bloom
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