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Brazil & Swiss Banking Empire Safra Banking Heir Alberto Safra Files Lawsuit in New York Against Mother & 2 Brothers for Diluting His Shares, 4 Siblings Inherited Less than Half of $14 Billion Fortune Left by Late Brazilian Tycoon Joseph Safra in 2020
11th February 2023 | Hong Kong
Brazil & Switzerland banking empire Safra Group banking heir Alberto Safra has filed a lawsuit in New York against his mother (Vicky Safra) & his 2 brothers (Jacob Safra & David Safra) for engaging in corporate misconducts including resulting in the diluting of his shares, with 4 siblings (Alberto, Jacob, David, Esther Safra Dayan) inheriting less than half of the $14 billion fortune left by the late Brazilian tycoon Joseph Safra in 2020. The lawsuit was filed in New York state court by Alberto Safra on Monday (6/2/23). The J. Safra Group, with total assets under management of $208 billion and aggregate stockholder equity of $17.4 billion, is controlled by the late Joseph Safra family. The group consists of privately owned banks under the Safra name and investment holdings in asset-based business sectors such as real estate and agribusiness.
“ Brazil & Swiss Banking Empire Safra Banking Heir Alberto Safra Files Lawsuit in New York Against Mother & 2 Brothers for Diluting His Shares, 4 Siblings Inherited Less than Half of $14 Billion Fortune Left by Late Brazilian Tycoon Joseph Safra in 2020 “
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J. Safra Group
The J. Safra Group, with total assets under management of $208 billion and aggregate stockholder equity of $17.4 billion, is controlled by the late Joseph Safra family. The group consists of privately owned banks under the Safra name and investment holdings in asset-based business sectors such as real estate and agribusiness. The group’s real estate holdings consist of more than 200 premier commercial, residential, retail and farmland properties worldwide. Its investments in other sectors include agribusiness holdings in Brazil and Chiquita Brands International. More than 29,000 employees are associated with the J. Safra Group.
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