Joseph Safra, Owner, Banco Safra, Brazil

Author: José Fucs

   

Joseph Safra




For many international analysts, Joseph Safra, 61, now the only member of the Safra family remaining in the banking business, has only been a shadow of his older brother Edmond, who died at the age of 68 in a fire in his apartment in Monte Carlo last December. But this may be due to a lack of understanding of the actual role that Joseph has played in the family business. Although Joseph, who runs Banco Safra, the fifth largest privately-owned bank in Brazil, might not have the same international profile that Edmond did, he is a talented banker just as his older brother was.

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