Joseph Safra Net Worth: From Humble Beginnings to Billionaire Status

Joseph Safra is one of those billionaires who managed to stay under the radar despite his phenomenal success.

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Joseph Safra - Net Worth

But regardless of the price tag on the said mega-mansion, Joseph Safra net worth is estimated at $22.8 billion.

Joseph was born in Beirut, Lebanon, on September 1st, 1938. He was the second son of Lebanese banker Jacob Safra and the younger brother of Edmund Safra.

Banco Safra had $49 billion in total assets in 2019. While chairman of the Safra Group, Joseph offered banking services to the whole of Europe and North and South America.

Joseph may have been born with some wealth or inherited, but it is fair to say that his fortune is self-made. His career officially began as a co-founder of Banco Safra with his family.

Joseph Safra passed away on December 10, 2020. He was 82 years old. According to the announcement by Banco Safra, the second wealthiest man in Brazil had Parkinson’s.