Billionaire behind Paramount mega-deal obtaining Israeli residency
Brandon Korff, a Jewish-American billionaire renowned for orchestrating one of the media industry's landmark deals, the $35 billion sale of Paramount, is in the process of securing Israeli residency.
A senior government official confirmed that Korff recently filed his application for Israeli residency, framing his decision as a gesture of solidarity in the face of global boycotts and rising hostility.
In 2025, Korff significantly increased his time spent in Israel, becoming a more visible figure within the country. 'This is a meaningful and encouraging step for Israel,' the official remarked. 'At a time when Israel's global standing is under scrutiny, such a powerful media figure is a welcome presence.'
Korff's connection to Israel spans several years, marked by his substantial charitable donations to various Israeli causes, including the IDF, medical institutions, and local community projects.
His philanthropic support has noticeably grown in tandem with his longer stays in the country. Additionally, his brother served as a lone soldier in an elite IDF unit.
Invigorating Paramount's legacy
Korff is the grandson of the late Sumner Redstone, the influential media mogul behind Paramount, which, under his leadership, grew into a global powerhouse.
In addition to owning major networks like CBS and MTV, Paramount held the rights to some of the most iconic entertainment properties, including Star Trek and Mission: Impossible. The company's recent sale at a valuation of $35 billion marked a historic shift.
Korff's move to obtain Israeli residency is viewed by political officials as a step that could help build stronger connections between Israel and one of the most prominent families in global media, and as a clear vote of confidence in the country at a particularly sensitive time.
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