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IceEconomy

Billionaire Rami Levy Prefers Basic Nokia Phone Over Smartphone

Translated & summarized from Ice by baba

BusinessNeutral tone

Hebrew · 2 newsrooms covering

Israeli businessman Rami Levy, with an estimated personal fortune of 6 billion shekels, revealed he uses a basic Nokia phone for calls and texts, not a smartphone. He believes this choice enhances his focus and clarity amidst his vast business dealings, which include a mobile communications company. Levy's preference for simplicity contrasts with the advanced devices he sells in his retail chains.

The story in 5 lines · by baba

  • Billionaire Rami Levy uses a basic Nokia phone, eschewing smartphones for focus.
  • Levy's personal wealth is estimated at approximately 6 billion shekels.
  • He believes the simple phone aids concentration and avoids distractions.
  • Levy's business empire includes Rami Levy Communications, a mobile provider.
  • His choice was revealed during an appearance on the "Ben Ben Baruch's Mojo" podcast.
Billionaire Rami Levy Prefers Basic Nokia Phone Over Smartphone
Editorial illustration generated by baba News, not a photograph of the event.

Israeli businessman Rami Levy, whose personal wealth is estimated at approximately 6 billion shekels, revealed during an appearance on the "Ben Ben Baruch's Mojo" podcast that he uses a simple, outdated Nokia phone primarily for calls and text messages, eschewing advanced smartphones.

Levy explained that his preference for the basic device helps him maintain focus and clarity, preventing him from being distracted by the numerous applications and options available on smartphones. He stated, "This phone actually helps me be more focused and clear and less curious. I don't have an iPhone and I don't have anything. This is my phone, thank God." The podcast host, Ben Ben Baruch, expressed envy over Levy's choice.

The choice is particularly noteworthy given Levy's extensive business empire, which includes Rami Levy Communications, a mobile services company. Despite selling sophisticated iPhones in his retail chains, Levy believes that foregoing smartphone features allows him to concentrate on essential matters and avoid unnecessary distractions.

Levy, 70, began his business career after military service, opening a small store in Jerusalem's Mahane Yehuda market. This grew into the Rami Levy Chain Stores market, which was listed on the Tel Aviv Stock Exchange in 2007. His business interests have since expanded into telecommunications, real estate, the Cofix chain, and the Israir airline. Levy holds approximately 39.91% of Rami Levy Chain Stores, which has a market value exceeding 4.4 billion shekels. His personal wealth was recently reported to be around 6 billion shekels in an interview with Omri Asnaim on Channel 13.

IceOther · Tel Aviv

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Mentioned

Full coverage · 2 outlets
First: JDN · Nov 8

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