Joseph Safra

Joseph Safra

[table border=”0″]Net Worth, $15.9 Billion,,,
Source of Wealth, Banker,,,
Nationality, Brazilian,,,
Age, 73,,,[/table]

Joseph Safra was born in Lebanon in 1939 to an affluent Jewish family of bankers. His family has a long history with the industry, having been involved in the Ottoman Empire’s caravan trade. The family emigrated to Brazil in 1952. Several years later his brother Edmond moved to New York. Edmond was the founder of the Republic National Bank of New York. When Edmund sold the bank to HSBC, he donated almost all of his earnings.

Meanwhile, Joseph Safra founded his own bank in Brazil in 1955, Banco Safra. Currently, Banco Safra is the 6th biggest private bank in all of Brazil. It has grown into a multinational investment empire, and Safra is the chairman of all its subsidiary companies.

He has a net worth of $15.9 billion, making him the 46th wealthiest person in the world.

Joseph Safra's prestigious family history with the banking industry dating back to the Ottoman Empire landed him on the Business Rich list of billionaires.

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