Jewish Billionaire Mann Invests $250 Million in Israel

(IsraelNN.com) American Jewish billionaire Alfred Mann is investing $250 million in a factory in Netanya or in the Galilee to produce insulin inhalers. The plant is expected to employ several hundred people when it opens in three years and possibly thousands in the future.

He cited Zionism, availability of manpower and the need for more manufacturing experience in Israel as three of the reasons for his investment. His wealth is estimated $2.2 billion.