Sunday, February 10, 2019

The three generations law

I have met Eli Horowitz, the founder of Israel's only global corporation, Teva, and its largest fortune. If he ever dreamt of founding a dynasty, well, it did not succeed. His son Chaim married a 40 years old Thai masseuse (pic) and now they are divorcing.


“I used to take the buffalo out to the field every day, ” Nam told the daily Maariv. “My childhood was happy. The whole family lived in a wooden hut with our cousins, grandma and grandpa—who was the village chief.” 
Now they are going to be very rich. A fortune never lasts more than three generations, and Eli's did not last even two. The son nearly bankrupted Teva and married&divorced a Thai masseuse (What is the difference between a Thai masseuse and a Thai harlot?) Eli, how futile was everything...! Sad.

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