Being bought up in one country and becoming a business legend in another country is not a child’s play. That is 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.
He moved to Brazil with his family and was in the year 1955, 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 while the Republic National Bank of New York.Safra began his empire with the founding of Banco Safra in 1955. With his 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.