Joseph Safra, Banking Empire Founder and Brazilâs Richest Man, Has Died
The Safra brothers built up banks in Latin America, New York and Switzerland that catered discreetly to ultrarich clients
Joseph Safra, the billionaire founder of an international financial empire, died of natural causes, according to Banco Safra, the bank he made into one of Latin Americaâs most prominent. Photo: William Volcov/Zuma Press By Dec. 10, 2020 5:09 pm ET
SÃO PAULOâJoseph Safra, a Lebanese-Brazilian billionaire who built an international financial empire and financed a hostile takeover of Chiquita Brands International that took the business world by surprise, died Thursday here in Brazilâs business capital. He was 82.