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Joseph Safra became the world s richest banker by transforming a Brazilian lender into a global multibillion-dollar empire.
Now, after a long illness and death at 82, it falls to the next Safra generation.
What s at stake is a conglomerate which comprises Banco Safra SA, Safra National Bank of New York and Switzerland s J Safra Sarasin - firms with about $US85 billion ($112.7 billion) in banking assets. There s also a $US2.3 billion real estate portfolio, that includes the Gherkin in London and 660 Madison Avenue in New York, a stake in banana company Chiquita Brands International and a 130-room mansion in Sao Paulo.
Death of World s Wealthiest Banker Thrusts Heirs Into Spotlight By Bloomberg investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.