Eli Ostreicher (born January 6, 1984) is a British American serial entrepreneur based in New York City. He is the founder of Regal Wings, a B2B luxury air service provider in the United States. He also founded and runs various online and brick & mortar companies, including Regal Card, Jedding, GeeFi, Harei At, Regal Jets, Luxury Wholesale Flights, Regal Card, Regal Engraving, and One Bag Tag.
Video Eli Ostreicher
Early life and education
Ostreicher was born in London, England. In his late teens, Ostreicher attended an IT college where he received Microsoft and Cisco certifications in 2004.
Maps Eli Ostreicher
Career
Ostreicher started his business career at the age of 22, opening a small home-based travel agency in Aventura, Florida. In 2006 he moved to New York City and founded Regal Wings. He later expanded the company to 300+ employees with luxury travel agent services, business travel management and leisure. In 2010, he opened a satellite office of the company in Chennai, India. The Regal Groups & it's global partner currently have offices in New York City, Los Angeles, San Francisco, Singapore, Hong Kong, Gunagzhou and Shanghai.
In 2012, Regal Wings was listed in Inc. Magazine's ranking fastest-growing travel company in the United States with a growth rate of 2,513%. With a further 4,146% growth rate in 2013, the company grossed $54.4 million in revenue. In that year, Ostreicher received Inc. Magazine's "Hire Power award" recognizing his role for job creation. In 2014, the company was listed in Inc. Magazine's 33rd annual 500 list as the 76th fastest growing company in the United States, ranking 6th highest New York company and 8th in the New York City Metro area. He served various high-profile companies and organizations for business travel including Rolex, Walmart, Berkshire Hathaway, The United Nations, Bayer, Colgate, Universal Studios, Triple Five Group, Columbia University, Escada, and Maroon 5 band.
In 2015, Ostreicher launched Regal Card, an airport lounge and travel-benefits membership program as a sister concern of Regal Wings. In the late 2016, Regal Wings partnered with China-based lounge developer DragonPass.
In 2016, Ostreicher created GeeFi partnering with Hong Kong-based YouYou Mobile, a portable device that provides frequent travelers unlimited high speed 4G internet in more than 100 countries. In November 2016, GeeFi launched a crowdfunding campaign on Kickstarter which raised $213,404 in 34 days exceeding original goal of $20,000.
In 2017, he patented One Bag Tag, which provides luggage tracking service for air travels.
Ostreicher also founded Miles 4 Flights, which helps individuals convert their airline mileage into flights. In the same year, he started Harei At, the first dating site for orthodox Jewish marriage-minded singles. Following its success, he launched another Jewish dating site called Jedding for Jews of all walks.
Ostreicher has been involved in helping his uncle Jacob Ostreicher in his release from the Bolivian Pamsolan prison where he was held for 18 months without having committed a crime of any sorts. He was later released by actor-activist Sean Penn who went to visit him in Bolivia.
Personal life and philanthropy
Ostreicher is an ultra Orthodox Jew and a member of the Brooklyn community. In 2013, Ostreicher donated $500,000 to Bonei Olam, a communal organization that aids married couples dealing with infertility.
Awards and honors
- 2013 Hire Power Awards
- Nedivas Halev Award
- INC 500 #76 of 500 Fastest Growing Companies, 2014
- Crain's New York Fast 50, 2015
- Crain's New York Fast 50, 2016
- Smart CEO, 2017
References
External links
- Company website
- Eli Ostreicher on IMDb
Source of article : Wikipedia
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