The Safra Dynasty: The Mysterious Family of the World's Richest Banker

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Joseph SafraBy Carrie Hojnicki

Joseph Safra is the richest banker in the world, according to Forbes.

And, incidentally, the name Safra means yellow, or gold, in Arabic.

Convenient. Especially since the illustrious family has had their hand in the gold trade since the Ottoman empire, facilitating trade throughout the Middle East.

Notorious for their stable yet clandestine banking operations, the mysterious Safra family continues today as a fortress of banking successes.

But the real question on everyone's minds is this: how has such an illustrious family, at times seeped in scandal, managed to remain so mysterious to the public eye. And what transpired to cause the untimely death of its golden boy, Edmond Safra?

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Fred

Interesting article today on a Forbes 400 billionaire investing in PGLC.

http://www.trefis.com/stock/teva/articles/124726/the-curious-investment-of-a-billionaire-pharmaceutical-magnate-in-pershing-county-nevada/2012-06-06

June 07 2012 at 2:13 PM Report abuse rate up rate down Reply