Arcadi Gaydamak profile picture

Arcadi Gaydamak

About Me

BiographyArcadi Gaydamak was born in 1952 in Ukraine, and at the age of 4 moved with his family to Moscow, the capital of the former USSR. At the age of 20, Gaydamak was one of the first Jews to immigrate to Israel from Leonid Brezhnev's Soviet Union. He enrolled in the army, and was drafted to the Israeli Navy. He left Israel some six months later, making his way towards France. He lived in France until the age of 48, occasionally visiting his country of birth, Russia. In December 2000 he decided to flee France as a direct result of allegations concerning illegal arms trading with Angola, tax evasion and money laundering. He consequently settled in Israel, whose courts denied an extradition application made by the French government. In Israel he has also been investigated for alleged money laundering, but denied any responsibility. He currently resides in Israel, where he owns three homes, and travels frequently to Russia and the United States.[edit] CareerIn 1973, Gaydamak left Israel and settled in France. Lacking an academic education, he began his early career working as gardener and a bricklayer. In 1976, Gaydamak opened a translation bureau near Paris, servicing Russian commercial delegations visiting France, and made contacts at a number of French companies. By 1982, Gaydamak Translations was a highly successful business, and he opened a branch in Canada. During that period he began pursuing a more lucrative business path in importing and exporting. He used his ties in the Soviet Union to further his business and sequentially formed various business organizations across Europe. Gaydamak wealth is estimated at £4 billion.[edit] AngolagateGaydamak spent many years in France, but fled the country when an arrest warrant was issued for him in connection to an arms-dealing scandal known in France as L'Angolagate. He is wanted on two charges; illegal arms dealing with Angola, and tax evasion.[edit] Football clubs and media ownershipIn July 10, 2005 he announced on his entry into the sports businesses and became the sponsor of the Hapoel Jerusalem basketball team. After about a month he decided to donate $400,000 to the Israeli Arab Ikhud Bney Sakhnin football club. On the same day Gaydamak also announced the purchase of 55% of the ownership of Beytar Jerusalem and two days later he announced the acquisition of full ownership of the team. Gaydamak is the patron of several Jewish charities, and is president of the Congress of Jewish Religious Communities and Organizations of Russia, (KEROOR), Russia's oldest religious Jewish umbrella group.In March 2006, he announced his offer to buy the French newspaper France Soir via his company Moscow News.[2] He had purchased the Russian Moskovskie Novosti newspaper in 2004.[edit] DonationsGaydamak has donated to many Israeli organizations, of which many are charity and have religious characteristics. He has donated to Magen David Adom, Hatzolah and many others.Gaydamak also attempted to donate $50 million to the Jewish Agency for Israel and in return become a board member, but as a result of a leak that the Israeli police warned the Jewish Agency not to receive the donation, he has delayed it. A few days later Gaydamak was interrogated over money laundering.[3]During the 2006 Israel-Lebanon conflict Gaydamak constructed a tent-village on the beach of Nitzanim, that hosted thousands of families who fled the rocket ridden North and had otherwise no place and means to go to. Gaydamak's contributions totaled $15 million (about $500,000 a day) and earned him considerable praise among some Israelis, though they were viewed by others as a populist act, perhaps related to the French extradition demand issued against him. In November 2006, he funded a one-week long vacation in Eilat for hundreds of Sderot residents, who have been under constant Palestinian rocket attack for the past two years.[4][edit] PoliticsOn February 20, 2007 Gaydamak announced he would found a party based solely on socio-economic issues. The next day he announced its name, Social Justice [1].Although Gaydamak has said the organisation will intially be established as a social movement, he noted that it could become a political party at any time, "based on the circumstances." He has stated the movement does not seek ultimate power for itself, but will run in tandem with Benjamin Netanyahu's Likud, hoping to pick up votes from former Likud members alienated by Netanyahu's financial policies. It has been suggested that the party will eventually merge into Likud.Gaydamak believes the party could win 25 seats in the next elections. However, he apparently does not wish to take a seat in the Knesset, preferring to remain as Party Chairman outside the parliament in a role similar to that of Shas's spiritual leader, Ovadia Yosef.In April 2007, Gaydamak annouced his intention to run for Mayor of Jerusalem.

My Interests

I'd like to meet:


My Blog

The item has been deleted


Posted by on