In this success post, we are going to share the story of Joseph Safra, who founded the Safra Group.
He was born in Syria and bought up in Lebanon, but is the chairman of the Safra Group, which is the company that he founded and runs in Brazil. Having been born into a family that was involved in banking to times dating back to the Ottoman Empire; Safra knew that he was destined to be a banker sometime in the future.
Joseph Safra Early Career
He moved to the Bazil with his family and was in the year 1995; a young Joseph Safra started working in the country, financing assets in the city of Sao Paulo.
Problems arose, and Joseph’s brother left the company to move to New York.
Safra founded what was Erst during the Ruplic National bank of New York. Safra began his empire with the founding of Banco Safra in the year 1955. With this tremendous business acumen and skill, the bank is one of the biggest in the continent of South America in addition to being the sixth-largest private bank in Brazil.
Joseph Safra Career
He is known to be one of the best Keepers of secrets that allowed his banking company and empire to grow by amazing leaps and bounds. Through his efforts, his bank had become one of the best in the business and was also one of the most respected financial institutions across the globe.
Not content being a businessman alone, Joesph Safra is also a philanthropist who has donated a huge amount of money through his foundation, the Edmond J. Safra Foundation. The foundation still donates a large amount of money to charities all across the globe.
A smart and astute decision-maker, Joesph Safra has to make sure that his business is in sync with the times and has also made sure of the fact that the Safra Banking Empire has dealt with some of the biggest banks in the entire region. He has also roped in his son, Jacob, to make sure that the operations outside of Brazil were well taken care of.
Safra is a man who is self-made, and despite being the richest banker in the world right now, he continues to stick to his roots. He had made massive donations to war victims and the poor and has always thought about the welfare of his community. He is very famous in Brazil for his philanthropic efforts and continues to be one of the most celebrated entrepreneurs to have ever lied.
Also Read: Warren Buffett Biography: Success Story of Berkshire Hathaway Founder
