Wiz cofounder buys land for Binyamina properties for NIS 28m

Israeli cybersecurity firm Wiz cofounder and CTO Ami Luttwak and his spouse Ruth have purchased three homes on two tons reverse the Binyamina vineyard for greater than NIS 28 million total. The purchases have been made in three separate offers, unfold over greater than two years.

A plan was authorized for one of many plots 18 months in the past in the past, permitting for the development of 4 housing items. “Globes” discovered that as a part of the primary transaction, Luttwak additionally undertook to pay the advance levy owed by the vendor of the plot, although the levy is often paid by the vendor.

The primary transaction was made for half of lots that initially had an space of about 1,900 sq. meters and on which stood a indifferent home. Throughout 2024, whereas the deal was progressing, a plan was authorized on the land that divided the plot into two elements of about 940 sq. meters every. In keeping with the plan, it will likely be doable to construct 4 residential items of as much as 160 sq. meters every in every of the elements, in addition to 50 sq. meters of service areas.

Luttwak bought solely half of the divided plot, for NIS 14.7 million. Nevertheless, “Globes” has discovered that that is apparently a “web deal,” wherein the client additionally took on the cost of the advance levy that arose following the approval of the plan. This deal was accomplished and registered within the Land Registry about two weeks in the past, when the plot was registered within the couple’s title.

What’s deliberate for the extra tons?

The 2 further transactions have been carried out with the heirs of a close-by plot of about 2,300 sq. meters reverse the doorway to the Binyamina Vineyard. In keeping with knowledge from the Israel Tax Authority, about NIS 14 million was paid for this lot, in a number of funds, beginning in 2024 and persevering with by way of the second half of 2025.

It’s not identified at this stage what the couple intends to do with the tons. Nevertheless, the truth that a plan for the development of 4 homes has already been authorized on one in every of them, in addition to the evaluation {that a} comparable plan appropriate with the native grasp plan will also be promoted on the second plot, could enable for growth on a comparatively giant scale for the world.

Ami Luttwak declined to touch upon the article.

Luttwak based Wiz with Roy Reznik, Assaf Rapaport, and Yinon Costica. The corporate was bought to Google final 12 months for $32 billion, after they bought knowledge safety firm Adallom to Microsoft for $320 million in 2015.

Printed by Globes, Israel enterprise information – en.globes.co.il – on January 11, 2026.