Efraim Diveroli is an American businessman and entrepreneur with a net worth of $10 million. He is best known for his work in the arms industry, where he has been involved in several major deals.
Diveroli was born in Miami Beach, Florida, in 1981. He resided in America but Originally he belonged to Israeli immigrants. His grandparents immigrated to Israel in the 1940s, and his parents moved to the United States in the 1970s.
Diveroli began his career working for his father’s company, AEY Inc., which specialized in arms sales. More precisely Diveroli began his career in the arms industry as an intern at the age of 18 at his father’s company, International Armoring Corporation.
We can also say that he is the founder and owner of AEY Inc., a Miami-based arms dealing company. His sales skills profit him a lot and help him to get promoted to upper ranks in a very short period and became one of the top salesmen in the company.
In 2006, Diveroli made headlines when he won a $300 million contract to supply ammunition to the Afghan National Army. The deal was controversial, as it was awarded to AEY without a competitive bidding process.
Diveroli continued to make waves in the arms industry, and in 2009 he was featured in an article in The New York Times Magazine about young entrepreneurs who were making a fortune in the business. In recent years, Diveroli has diversified his holdings and investments.
He is now a partner in several businesses, including a real estate development firm and a venture capital fund. The company progressed too quickly and it benefited a lot to the company in a very short period became the largest supplier of weapons to the U.S. government.
Between 2004 and 2007, AEY Inc. won over $300 million in government contracts. Under the category of defense and security in Forbes magazines, he was considered in “30 Under 30” in the year 2007. And, the next year got arrested for making false statements to the U.S. government.
He was accused of knowingly supplying Chinese-manufactured ammunition to the U.S. military in Afghanistan, which violated U.S. law.
He was released in 2012 and has since resumed his career in the arms industry. After this, no rule violation case was on him and the business started by his father and continued by him is running smoothly. As per the reports now his net worth is around 15 million dollars.
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