October 23, 2025

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Business The Solution

Tech Boom Floods Israel’s Silicon Valley With Cash, Exposing Divisions

TEL AVIV—Nir Zohar begun at Wix.com in 2007 as business office gopher. Right now, he is main operating officer at the Tel Aviv-primarily based web site designer, with a shareholding really worth at minimum $fifty six million at recent valuations.

The forty three-yr-old, who routinely wears shorts and a T-shirt to get the job done, is a single of a generation of Israelis who have develop into millionaires by the country’s red-hot technologies marketplace, and who are reworking Tel Aviv.

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