Wiz Founders Launch $7–8B Family Office After $32B Google Exit

Wiz’s four co-founders, Assaf Rappaport, Yinon C., Ami Luttwak, and Roy R., are setting up a joint private family office to manage roughly $ 7−8 billion in post-tax proceeds from their $ 32 billion sale to Google, according to Calcalist.

The structure is simple. The office is closed. No outside capital. Just the four founders.

That choice matters more than it might seem at first glance.

At this scale, founder-led family offices often step outside the traditional system. No private banks. No multi-family platforms. They build their own teams, make their own calls, and define their own investment playbook.

This may become the largest single-family office structure in Israel. It is run by founders still under 45, with deep experience in cybersecurity and cloud infrastructure.

The talent shift is already underway. Yotav Costica, who leads mutual funds at More Investment House and is one of the more prominent figures in Israeli asset management, is leaving to run the office.

Moves like that tend to ripple. When senior investors leave established platforms to join a founder office, it forces every competing platform to rethink how it attracts and retains talent.

The setup itself is hard to match.

$ 7−8 billion of capital. No LP reporting cycles. No fundraising pressure. Full discretion over deployment.

For allocators and co-investors, the frame is changing. The question is no longer who will manage the next generation of large exits.

It is whether the founders behind those exits are now becoming the allocators themselves.