Joseph Yacoub Safra

Joseph Safra currently runs the Brazilian banking and investment empire, Safra Group. As the chairman of all Safra companies, among them Safra National Bank of New York and the large Banco Safra headquartered in São Paulo, Brazil, he is ranked at 68 with a net wealth of 13.8$ billion on Forbes list of billionaires.

Mexican Tycon Carlos Slim Is The Richest Man In Latin America; Who Are The Other Billionaires In The Region?

How many billionaires live in the most unequal region in the world? Exactly 111 people can count their wealth at more than $1 billion, according to consultancy firm Wealth-X and Swiss bank UBS. 2013 saw the list grow by three names compared to 2012; their combined wealth reaches $496 billion, or 2.3 percent more than the previous year.

Source: www.ibtimes.com | Date: 6th January 2014 Read more

Lebanon represented in list of top 50 Arab billionaires

Arabian Business magazine's annual survey of the Arab world's top 50 billionaires for 2013 included seven persons from Lebanon or of Lebanese origin on its list. The survey ranked Joseph Safra in eighth place with an estimated fortune of $7.5bn in 2013.The magazine said that Mr. Safra, who is a newcomer to the list, runs the Brazilian banking and investment empire Safra Group. He is followed by Mr. Taha Mikati in 25th place, up six spots from 31st place in the previous year, with an estimated fortune of $3.5bn relative to $3.3bn in 2012. - See more at: http://www.iloubnan.info/business/78339/Lebanon-represented-in-list-of-top-50-Arab-billionaires#sthash.g9k1pabz.dpuf

Source: www.iloubnan.info | Date: 6th January 2014 Read more