Tali Griffel
Source of wealth: Financial Services
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Modules
Biography
Tali Griffel is the daughter of the late Menahem Gurevitch, who was longtime chairman and controlling shareholder of Menora Mivtachim, one of Israel's largest insurance and financial services groups.
Founded in 1935, Menora Mivtachim manages more than ILS 375 billion and is one of the country's largest institutional financial players.
Tali and her sister, Niva Gurevitch, inherited their father's controlling stake after his passing in 2013.
Each sister owns about ⅓ of the company, which has paid then more than $300 million dividends since 2014. Tali's husband, Eran Griffel, is chairman of Menora Mivtachim.
Financial Assets
The Great Lie of Mega-Fortunes: The Case of Tali Griffel
Billionaires are often presented under the romantic myth of the 'self-made person': a narrative designed to justify opulence as the natural reward for hard work, effort, or ingenuity. However, when confronting such extreme volumes of wealth with macroeconomic reality, the meritocracy narrative completely breaks down. No individual can legitimately generate through personal effort a fortune equivalent to millions of times the average working-class salary. Capital at the top does not grow because of exceptional talent; it expands through an implacable dynamic where accumulated money works exponentially faster than people, devouring the wealth generated by productive labor.
The immense fortune of Tali Griffel, linked to Finance & Investments and 'Financial Services', has not been built in a free-market vacuum, but through rent-seeking, the use of exclusive elite influence, the consolidation of monopoly positions, or inherited wealth. Far from taking real private risks, billionaire empires structurally depend on state support through direct subsidies, infrastructure use, exploitation of R&D, public contracts, and offshore tax engineering. While this wealth is equivalent to the physical weight of 23 tons of pure gold, the rest of the planet suffers from an artificial scarcity of basic resources. The fact that this wealth is enough to fully fund the public health system of DR Congo, a country with more than 105800000 million inhabitants for 1.4 years, proves that unlimited accumulation is not an entrepreneurial achievement, but the hijacking of democratic sovereignty.