• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI

2

Former top Russian official admits the country is over Putin and can 'imagine a future without him' — even elites bail as Kremlin seizes their assets 

3

Meet the 20-year-old CEO who launched a company in high school to solve Gen Z's entry-level job crisis

1

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI

2

Former top Russian official admits the country is over Putin and can 'imagine a future without him' — even elites bail as Kremlin seizes their assets 

3

Meet the 20-year-old CEO who launched a company in high school to solve Gen Z's entry-level job crisis
LeadershipIsrael
Europe

Billionaire Hollywood film producer testifies about years of gifts to Netanyahu he now realizes were ‘excessive’

By
Ilan Ben Zion
Ilan Ben Zion
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Ilan Ben Zion
Ilan Ben Zion
and
The Associated Press
The Associated Press
Down Arrow Button Icon
June 26, 2023, 12:51 PM ET
Benjamin Netanyahu
Israeli Prime Minister Benjamin Netanyahu, center, arrives at the District Court in Jerusalem, Israel, Sunday, June 25, 2023.Atef Safadi/Pool Photo via AP

A billionaire Hollywood mogul took the stand for a second day on Monday in Benjamin Netanyahu’s corruption trial, acknowledging that the long list of champagne, cigars and jewelry he systematically gave to the Israeli prime minister may have been excessive.

Arnon Milchan, whose production credits include “Pretty Woman,” “12 Years a Slave,” and “Bohemian Rhapsody,” is a key witness in one of three cases brought against Netanyahu. Prosecutors are trying to prove that Netanyahu committed fraud and breach of trust.

Milchan, 78, has been testifying by videoconference from Brighton, England, which is near where he is based.

Prosecutors hope his testimony, which began Sunday and is expected to last some two weeks, will provide details about the abundance of gifts given to Netanyahu and his wife. The gifts, the prosecutors maintain, led to favors from Netanyahu that advanced Milchan’s interests.

Netanyahu’s lawyers have said Milchan’s gifts were friendly gestures.

In his first day of testimony, Milchan described a friendship that included some gifts to the Netanyahus that turned into regular requests and “transformed into a routine.”

He said the routine became so frequent that he and the Netanyahus developed code words for the gifts. Cigars were known as “leaves,” champagne was known as “roses,” and luxury dress shirts were nicknamed “dwarves.”

He said he had instructed his aides to give the Netanyahus “whatever they want” and was assured by the prime minister that there was nothing illegal going on.

On Monday, Milchan said the gifts didn’t affect his friendship with the Netanyahus until a police investigation was opened and at which point, he said he realized the gifts were “excessive.”

Asked whether he had ever refused a request for gifts, Milchan said: “Not that I remember.”

Milchan also again stressed that he considered the Netanyahus friends, but recounted that he told police he felt uncomfortable that his gifts were not reciprocated.

According to the indictment against Netanyahu, Milchan gave Netanyahu and his wife a “supply line” of lavish gifts valued at nearly $200,000.

The indictment accuses Netanyahu of using his influential perch to assist Milchan to secure a U.S. visa extension by drawing on his diplomatic contacts, including former U.S. Secretary of State John Kerry.

Prosecutors also accuse Netanyahu of working to push legislation that would have granted Milchan millions in tax breaks.

Milchan testified Monday that he had turned to Netanyahu and others for help about the visa extension. He said Kerry called him one day and met with him at a hotel. Describing Kerry as a good friend, he said he was told Kerry could not help.

The prosecution and defense lawyers have been questioning Milchan in a hotel conference room in Brighton. While no journalists are allowed there, Netanyahu’s wife Sara, on a private visit to Britain, sat in for a second straight day.

Prosecutors have demanded that Sara Netanyahu not make eye contact with Milchan, fearing she could sway the witness.

The testimony is being aired in a Jerusalem courtroom for judges and other lawyers — who can also ask questions of Milchan — and for journalists and other attendees to watch.

Netanyahu, who has attended some of the hearings during his trial, was at the courtroom both on Sunday and Monday. Milchan, who is not charged in the case, greeted him in Hebrew over the two-way video broacdcast, using Netanyahu’s nickname: “Shalom, Bibi!”

Milchan is testifying in one of three cases being brought against Netanyahu. The other two, which include charges of bribery, fraud and breach of trust, accuse Netanyahu of exchanging regulatory favors with powerful media moguls for more positive coverage.

Netanyahu denies wrongdoing, claiming he is the victim of a witch hunt orchestrated by a liberal media and a biased justice system.

Netanyahu’s legal woes have dogged him politically, putting his fitness to rule while on trial at the center of a political crisis that sent Israelis to the polls five times in under four years.

They also have fueled accusations by critics that Netanyahu is pushing a contentious government plan to overhaul Israel’s judiciary as a way to escape the charges. Netanyahu denies those accusations.

The trial, which began in 2020 and has still not heard from Netanyahu himself, has featured more than 40 prosecution witnesses, including some of Netanyahu’s closest former confidants who turned against the premier.

Witness accounts have shed light not only on the three cases against Netanyahu but also revealed sensational details about his character and his family’s reputation for living off the largesse of taxpayers and wealthy supporters.

Milchan’s aide, Hadas Klein, testified last year that the Netanyahu family “loves gifts.”

The idea of a plea bargain has repeatedly surfaced, but prosecutors for now appear determined to see the trial through, despite reports last week that the judges warned them that the more serious crime of bribery will be hard to prove.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Ilan Ben Zion
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Leadership

murdochs
CommentaryMedia
OpenAI paid $100 million for a talk show. James Murdoch is eyeing an even bigger deal. The hot new asset class is humanity
By Lin CherryMay 17, 2026
19 minutes ago
dennis
CommentaryAI agents
Freshworks CEO: why agile enterprises are winning the AI race — and what they did differently
By Dennis WoodsideMay 17, 2026
34 minutes ago
A man with a headset sits at a desk in a call center.
EconomyAutomation
The AI boom hasn’t stopped U.S. companies from hiring cheap offshore labor, and overseas call center employment is still skyrocketing
By Sasha RogelbergMay 17, 2026
1 hour ago
Zillow CEO doubles down on remote-work model: ‘There is talent everywhere in this country’
Workplace Cultureremote work
Zillow CEO doubles down on remote-work model: ‘There is talent everywhere in this country’
By Marco Quiroz-GutierrezMay 17, 2026
1 hour ago
Stressed job seeker
SuccessGen Z
Gen Z is right about the job hunt—it really is worse than it was for millennials, with nearly 60% of fresh-faced grads frozen out of the workforce
By Emma BurleighMay 17, 2026
1 hour ago
‘No one was coming to save me’: How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn’t fix
Successreese witherspoon
‘No one was coming to save me’: How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn’t fix
By Sydney LakeMay 17, 2026
2 hours ago

Most Popular

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
AI
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
By Jake AngeloMay 16, 2026
1 day ago
Former top Russian official admits the country is over Putin and can 'imagine a future without him' — even elites bail as Kremlin seizes their assets 
Politics
Former top Russian official admits the country is over Putin and can 'imagine a future without him' — even elites bail as Kremlin seizes their assets 
By Jason MaMay 16, 2026
15 hours ago
Meet the 20-year-old CEO who launched a company in high school to solve Gen Z's entry-level job crisis
Future of Work
Meet the 20-year-old CEO who launched a company in high school to solve Gen Z's entry-level job crisis
By Jake AngeloMay 16, 2026
1 day ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
5 days ago
‘You’re not a hero, you’re a liability’: Shark Tank’s Kevin O’Leary warns Gen Z founders to stop glorifying hustle culture
Future of Work
‘You’re not a hero, you’re a liability’: Shark Tank’s Kevin O’Leary warns Gen Z founders to stop glorifying hustle culture
By Jacqueline MunisMay 16, 2026
1 day ago
Oil markets could be a month away from the moment of truth. Brace for a 'non-linear' price spike and panic buying, analysts warn
Energy
Oil markets could be a month away from the moment of truth. Brace for a 'non-linear' price spike and panic buying, analysts warn
By Jason MaMay 16, 2026
18 hours ago