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SAFRA BANK HAS PLENTY IN THE TANK IF THEY WANT TO RAISE THE STAKES IN BIDDING WAR





The Bid for Chiquita has many more twists and turns left to play out and the financial advisors to Cutrale have very deep pockets.




Joseph Safra could fund the deal out of his own bank account if he so desires.







Joseph Safra
  • Net Worth
  • $15.9 Billion
  • $5.7 M | 0%
  • As of 8/14/2014 @ 7:45PM *
Age
75
Source Of Wealth
banking, Self Made
Residence
Sao Paulo, Brazil
Citizenship
Brazil
Marital Status
Married
Children
4
Joseph Safra on Forbes Lists



Joseph Safra has built a geographically diverse banking empire, which shielded him from the weaker currency in Brazil over the past year.



 His largest holding is Banco Safra, Brazil's eighth largest bank, with more than $50 billion in assets. 


It caters primarily to high net worth clients. 



In 2013 Joseph Safra merged Bank Sarasin, a private bank in Switzerland he had acquired, with his other European banks to form Bank J. Safra Sarasin. 



His oldest son, Jacob, is responsible for all international operations outside of Brazil, including the bank in Europe, Safra National Bank of New York and real estate holdings across the U.S. 



His two other sons, David and Alberto, manage Banco Safra in Brazil. 



In 2013, Joseph Safra's family acquired more than a dozen properties in the U.S., primarily in New York City. 




They own a portfolio of commercial real estate in Brazil as well.





















‘Value Chain’

Cutrale controls more than one-third of the $5 billion orange-juice market, and also has global operations in apples, peaches, lemons and soybeans, according to its joint statement with Safra Group.
“This platform offers Chiquita extensive experience in all aspects of the fruit and juice value chain,” they said.
Safra has more than $200 billion of assets under management and operates banks in North AmericaSouth America, Europe, theMiddle East and Asia, according to the statement.
Joseph Safra, 75, has a net worth of $13.2 billion, according to the Bloomberg Billionaires Index. The majority of his fortune comes from his sole ownership of a banking empire whose flagship is Sao Paulo-based Banco Safra. Most of the rest comes from a wealth management company built around his $2.1 billion acquisition of Switzerland’s Bank Sarasin.





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Alphonso





Alphonso (mango)
From Wikipedia, the free encyclopedia








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The earlier fossil records of mango (Mangifera indica) from the Northeast and elsewhere were 25 to 30 million years old. The 'carbonized leaf fossil' from Damalgiri area of Meghalaya hills, believed to be a mango tree from the peninsular India, was found by Dr R. C. Mehrotra, senior scientist, BSIP and his colleagues. 




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DHL (INDIA) makes gifting mangoes as easy as 1-2-3-....

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Come this summer pamper your loved ones abroad with a box of delicious mangoes through DHL’s Express Easy Mango service, a unique one-stop-shop and hassle-free service for gifting mangoes all across the world.






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