Called “the man with the Midas touch” by the Jerusalem Post, Hershey Friedman has made his mark in business as well as many charitable causes.
Hailing from Montreal, Canada, Friedman’s heart is in Israel, as well as his physical presence about 10 days every month. He does not mince his words when describing the special relationship, the Jewish people have to their land:
“Israel is our true land. It is the land of our forefathers, Abraham, Isaac and Jacob,” he states. “Israel will always be there. Israel will always have a future.”
Friedman’s business is taking businesses who are not in the best of health and revitalizing them to get them up and running and optimum capacity. This is exactly what he did with Tel Aviv-based Azorim, a company specializing in residential real estate. Friedman purchased Azorim in 2011 when it was wallowing. Now, five years later, the company is “one of Israel’s most exciting enterprises.”
Friedman explains his success: “I have a very good instinct. I have a smell and a gut, and that tells me with a lot of projects what to do and what not to do.”
All ready at the tender age of 17 Friedman was propelled into the world of business, managing the family textile business, which allowed his brothers to continue their educations.
“I was a businessman even when I was a little boy,” Friedman says with a smile.
Friedman is much more than a businessman, however. He is one of the largest givers to Jewish causes in the world. A myriad of buildings have the Friedman name on them, from Canada to Israel and the US and more. He donates generously to hospitals, schools yeshivas, and especially to facilities that help the disabled. This is because Friedman’s own father was disabled after an accident when Friedman was a young boy.
“Remember, I had a father who was disabled, so I know what it’s all about,” he says. “We have big budgets over here.”