Tech Boom Floods Israel’s Silicon Valley With Cash, Exposing Divisions

TEL AVIV—Nir Zohar commenced at Wix.com in 2007 as office gopher. Currently, he is chief operating officer at the Tel Aviv-primarily based site designer, with a shareholding worthy of at least $56 million at current valuations.

The 43-yr-previous, who routinely wears shorts and a T-shirt to do the job, is a single of a era of Israelis who have become millionaires by means of the country’s crimson-sizzling technological innovation sector, and who are transforming Tel Aviv.