Eyal and his younger brother Idan inherited a fortune from their father, shipping magnate and formerly Israel's richest man, Sammy Ofer, who died in June 2011. He has since taken on the family's stake in Royal Caribbean Cruise Lines, Mizrahi Tefahot bank, and the family's international real estate, including the Altria Building and 15 Central Park West in New York. He shares his father's shipping empire and vast art collection, said to be one of the most magnificent in the world, with Idan. Eyal Ofer and younger brother Idan inherited the fortune of their father, shipping magnate and formerly Israel's richest man, Sammy Ofer, after he passed away last year. The brothers' fortunes were equal upon their father's passing, and their spokesmen claim that their fortunes are still virtually equal. While we can accurately confirm Idan's public stakes in Israel Corp and Pacific Drilling, we apply more conservative valuations to Eyal's less transparent private holdings. In May 2011, The Ofer Brothers Group along with Singapore-based Tanker Pacific, an, affiliate, were sanctioned by the US State Department for their involvement in the sale of an oil tanker to Iran. In September, the State Department clarified that the sanctions applied to three entities affiliated with the Ofer brothers, but not to the group itself, which has been disbanded. His network is claimed to be $8.9 Billion.