On October 14, 1998, Israeli Prime Minister Benjamin Netanyahu awarded the Jubilee Award to a select group of international business people for their contributions to strengthening the Israeli economy during its fiftieth anniversary. The honorees were recognized across various industries, including aerospace, automotive, chemicals, and high-tech, among others. The award highlights individuals and organizations from different national origins that made significant investments and trade relationships with Israel.

1. Jubilee Awards
According to the Virtual Israel website on October 14, 1998, Israeli Prime
Minister Benjamin Netanyahu presented a selected group of international
business people with the highest tribute ever awarded by the "State of Israel".
The Jubilee Award, marking Israel’s fiftieth year of independence, recognizes
those individuals and organizations, which through their investments and trade
relationships, have done the most to strengthen the Israeli economy.
The award list was divided up according to the national origin of the
businessmen, and also by industry.
Aerospace
Dr. Vance Coffman Lockheed Martin Corporation
Mr. Karl J. Krapek Pratt & Whitney
Mr. Harry Stonecipher Boeing
Automotive
Dr. Ferdinand Piech Volswagon AG
Building Materials
Dr. John M. Schubert Pioneer International Ltd
Mr. Peter L. Young RMC Group plc
Chemicals
Dr. John J. Faber ICC Industries Inc.
Mr. Arie Genger Trans-Resources Inc
Commerce
Sir Richard Greenbury Marks & Spencer
Mr. J. E. Lagerweij Hema B.V.
Mr. David Mandle James Richardson Pty.Ltd
Dr. Michael Otto Dr. Michael Otto
Mr. Joseph Wilf Garden Homen
Diamonds
Mr. Nicholas Frank De Beers Consolidated Mines Ltd
Oppenheimer
Finance
Mr. Michael Abeles J GL Investments
Mr. Ted Arison Arison Investments Ltd.
Mr David Azrieli Canpro Investment Ltd.

2. Mr. Jan Baan Baan Company
Mr. Paul Bann Baan Foundation
Mr. Ronald Cohen Apax Partners & Co . Ltd
Mr. Erwin D. Eisenberg Eisenberg Group
Dr. Leslie Fritz Gunther Frankel Altira Investments Ltd
Mr. Robert J. Hurst Goldman Sachs & Co.
Mr. Jonathan Kolber Claridge Foundation
Mr. Stephen Koseff Investec Bank Ltd.
Mr. Bruce Rappaport Inter-Maritime Group
Mr. Joseph Safra Banco Safra
Mr. Bernard Schreirer CP Holdings Ltd
Food
Mr. G. Allan Andreas Archer Daniel Midland
Mr. Peter Brabeck-Letmathe Nestle S.A.
Mr. Franck Riboud Danone
Glass
Mr. William Davidson Guardian Industries Corp
High Tech
Mr. Eric Benhamou 3 Com
Mr. Richard H. Brown Esq Cable & Wireless
Mr Marshall Butler AVX Corporation and KYOCERA Corporation
Ms Judith Estrin Cisco Systems Inc.
Mr Christopher C. Galvin Motorola Inc.
Mr. Abraham Gesundheit Tensal International AG
Mr. Vladimir Goussinsky Most Media
Mr. Chek Ngee Khoo Hutchinson Telecommunications Ltd
Mr. Ronald Lauder RSL Communication Ltd
Mr. Ted Leonsis AOL studios
Mr. Ken Levy KLA-Tencor Corporation
Dr. Dan Maydan Applied Materials Inc.
Mr. Fernand B. Sarrat Cylink Corporation
Mr. Albert Soffa Kulicke & Soffa Industries Inc.
Dr. Heinrich Von Pierer Siemens
Dr. Felix Zandman Vishay Intertechnology Inc.
Hotels and Hospitality
Mr. David Lewis Isrotel Hotel Management
Mr. David Taic Nahal Group
Mr. Alexander Tesler Lexan-Israel Princess Hotel

3. Media
Mr. Vladimir Goussinsky Most Media
Mr. Ronald Lauder RSL Communications Ltd
Mr. F. David Radler Hollinger International Inc.
Personal Care
Mr. Pascal Castres St Martin L' Oreal
Mr. Roger S. Fine Johnson & Johnson
Mr. Leon Koffler Super-Pharm[Israel] Ltd
Mr. Lucien Nessim Sara Lee Personal Products
Mr. Robert P. Van der Merwe Kimberley-Clarke Europe
Pharmaceuticals
Mr. Ernesto Bertarelli Ares Serono International
Harold Snyder Teva Pharmaceutical Industries
Plastics
Mr. Robert K. Kraft The Kraft Group and New England Patriots
Mr.John M. Trani The Stanley Works
Real Estate / Construction
Mr. Sam Halpern Atlantic Reality Development Corporation
Mr.Henry Moskowitz Henry Moskowitz Real Estate
Textiles
Mr. Michael A. Trachtenberg ICF Industries
Transportation
Mr. John M. Beck Canadian Highways International Corporation