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Safra, Banker With an $85 Billion-Dollar Empire, Dies at 82

  • Joseph was Brazil’s second-richest person worth $17.6 billion
  • Business spanned Europe, U.S. and included real estate
Joseph Safra
Joseph SafraPhotographer: Lionel Cironneau/AP Photos
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Joseph Safra, one of the world’s richest bankers who built an empire spanning continents with over $85 billion in banking assets, has died. He was 82.

Safra died of natural causes on Wednesday in Sao Paulo, Banco Safra said in a statement.