Avri Gilad: No Savings, Cannot Retire Despite TV Career
Translated & summarized from Ice by baba
Israeli media personality Avri Gilad stated he has no savings and cannot retire despite a long career in television. He attributes his financial situation to poor money management, partly due to ADHD, and a lifelong "poverty anxiety." Gilad revealed he lost millions in failed investments and avoids luxury, though he can afford basic needs and provide for his daughters. He dreams of winning the lottery to help those around him.
The story in 5 lines · by baba
- Avri Gilad says he has no savings and cannot retire despite his successful media career.
- He attributes his financial struggles to poor money management and a "poverty anxiety."
- Gilad lost millions in failed business investments across various sectors.
- He avoids luxury brands and prefers a simple, unostentatious lifestyle.
- Gilad dreams of winning the lottery to help friends and family with their debts.
Israeli media personality Avri Gilad revealed in a recent podcast interview that despite decades in prime-time television and hosting popular shows, he has no savings and cannot afford to retire. Gilad, who has openly discussed a "poverty anxiety" driving his constant work and significant losses from failed business ventures, explained that people with ADHD often manage their finances poorly.
Speaking on Itay Segal's "All-in" podcast, Gilad stated, "I don't have a shekel set aside for a rainy day, and if I did, I always gave it to someone who needed it." He attributes his current need to work to past financial decisions, noting, "I work today because I need to work, I cannot retire." While he acknowledges not being a "financial empire" like some peers, he clarified that he doesn't experience existential lack, possessing a home, car, annual trips abroad, and the ability to provide for his daughters.
Gilad also shared his recurring fantasy of winning the lottery, specifically imagining how he would handle a 60 million shekel jackpot. His fantasy involves being surrounded by people needing financial help, with his first call being to someone burdened by debt for years. He plans to distribute winnings to his close circle, including helping someone clear debts that have prevented them from leaving the country for a decade and providing them with a small apartment.
This is not the first time Gilad has discussed his complex financial situation. Previously, he disclosed losing millions in failed investments in organic agriculture, food, and sustainability. Despite earning substantial sums from shows like "One Against 100," his lifelong "poverty anxiety" has compelled him to work relentlessly, especially amid declining talent salaries in commercial television. He consistently emphasizes his aversion to luxury brands and ostentatious displays, preferring a simple lifestyle that includes recycling and self-repair.
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