Brazil’s Richest Man And Banker Joseph Safra Dies At 82

In this file photo taken on November 21, 2002 Lebanese-Brazilian Joseph Safra speaks on his mobile phone as he arrives at a courthouse in Monaco for the start of the trial of former US soldier Ted Maher, accused of an arson attack that killed his brother Edmond.  Pascal GUYOT / AFP

 

 

Lebanese-Brazilian banking magnate Joseph Safra, the wealthiest man in Brazil, died Thursday at age 82 of natural causes, his bank said.

Safra, who had an estimated fortune of $23.2 billion, ranked 63rd on Forbes magazine’s list of the world’s wealthiest people.

Born in 1938 to a Lebanese Jewish family in Beirut, he emigrated with his family to Brazil, where his father founded what would become Banco Safra.

In 1962, he and his brothers took over the bank from their father, who died the following year.

They turned it into a major financial group, with operations in more than 25 countries.

A patron of the arts and philanthropist, Safra donated part of his fortune to medical research and also purchased artworks for Sao Paulo’s Pinacoteca, one of the leading museums in Brazil.




Follow us on twitter (ajuede.com) or on Instagram (ajuedeman) for details of the global situation presently.

Comments

Popular posts from this blog

Dr. Vladimir Zelenko has now treated 699 coronavirus patients with 100% success

ORIGIN OF THE AKAN

GARDEN OF EDEN FOUND IN WEST AFRICA

FIVE WAYS A WIFE CAN REST HER HUSBAND ON HER

STEP FOUR: LEARN TO PACKAGE YOURSELF

THE HISTORY AND ORIGIN OF THE ZULU PEOPLE

BRIEF HISTORY OF NKALAHA.

MYSTERY OF IGBO COSMOLOGY

THE ORIGIN AND HISTORY OF UDI by Onyeji Nnaji

THE ORIGIN AND HISTORY OF NSUKKA by Onyeji Nnaji