Koor will post a capital gain of 76 million Israeli shekels ($21 million) from the sale in the third quarter.

He has slipped deeper into poverty, earning just 20,000 Israeli shekels ($4,600) a year, barely enough to feed his large family.

In the northern West Bank city of Jenin, every bullet for an AK-47 rifle costs 35 Israeli shekels, or more than $8.

U.S.-traded shares rose 6.1 percent to $14.44 in mid-day trading and were up 3.6 percent to 5,042 Israeli shekels in Tel Aviv trading.