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Joseph Safra Net Worth

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Joseph Safra Net Worth
Net Worth:$25 Billion
Born:January 1, 1938
Died:December 10, 2020
Country of Origin:Lebanon
Source of Wealth:Entrepreneur
Last Updated:Aug 20, 2026

Introduction

Joseph Safra was a Brazilian billionaire banker of Lebanese origin with an estimated net worth of $25 Billion.

Safra ran the Brazilian banking and investment empire, Safra Group, and served as the chairman of all Safra companies, including Safra National Bank of New York and Banco Safra, headquartered in São Paulo, Brazil.

 

Net Worth History

YearNet Worth
2011$11.4 Billion
2012$13.8 Billion
2013$15.9 Billion
2014$16 Billion
2015$17.3 Billion
2016$17.2 Billion
2017$20.5 Billion
2018$23.5 Billion
2019$25.2 Billion
2020$19.9 Billion

 

Banking Career 

Brazilian-born financier, banker, and entrepreneur Joseph Safra was the wealthiest banker in the world when he died in 2020. The banking family has ties to the Ottoman Empire and has been involved in the financial sector for centuries, financing kings and queens.

After moving to Brazil, Safra and his brother Moise founded Banco Safra in 1955, which grew to be the sixth-largest bank in the country. While it isn’t one of the biggest banks in the world, the Safra brothers created massive wealth through acquisitions and commercial real estate. The bank was part of the Safra group, which has global interests, primarily in Europe, North America, and throughout South America.

The brothers each owned 50% of Banco Safra. They identified the corporate market as offering the most profitable options and attracted wealthy entrepreneurs to use their financial services. As the business banking side grew, they expanded into personal banking, asset management, and commercial insurance.

To grow the business, Joseph Safra needed a way to find new clients faster than they could attract them in traditional ways. He decided to acquire as many smaller banks as possible, building his client portfolio through acquisition – a much faster process. It wasn’t long before Safra’s bank branches dotted the Brazilian landscape, making access to their services quick and easy for average Brazilians.

 

Expanding His Banking Reach

But Joesph’s sights were set far higher than just Brazil, and rather than preside over the bank as its CEO, he chose to be its chairman instead. This freed him from the day-to-day running of the banking business and allowed him to concentrate on expanding his empire globally.

The bank’s international expansion was facilitated through the creation of international branches as well as the acquisition of foreign subsidiaries. It wasn’t long before the Safra brothers had added a Swiss bank to their group, as well as banks in the Cayman Islands and New York City. They consolidated the businesses under the umbrella of the Safra Group but still maintained complete control by personally owning the shares in each bank.

 

Commercial Real Estate

Not content to enjoy his success, the next phase of Joseph’s plan was to diversify their risk by moving into the real estate market. The first step was to buy as much commercial real estate as possible in major Brazilian cities like Rio de Janeiro and Sao Paulo. He became one of Brazil’s largest holders of commercial real estate and set his sights on the rich picking available internationally.

Joseph had his eye on the historic London financial district and purchased One Plantation Place for an astronomical £500 million ($620 million). Later, he bought the £700 million ($867 million) skyscraper known as the Gherkin, located at 30 St. Mary Axe in the heart of the London financial district. He continued to make acquisitions in other major cities worldwide, including Geneva, Switzerland, and New York City.

 

Tax & Legal Issues

Safra established a financial and philanthropic legacy valued in the billions despite significant legal and family disputes during his lifetime. In 2016, Brazilian prosecutors charged him with involvement in a bribery scheme, alleging that his bank made improper payments to government officials.

These allegations, which posed a risk to his financial empire, were dismissed in 2020 after a lengthy legal process, with the court finding insufficient evidence. In a separate case in 2017, a Brazilian court dismissed claims of tax evasion involving millions, concluding there was no substantial proof of intentional misconduct.

 

Philanthropy

Safra’s philanthropy, through the Joseph Safra Foundation, focused on education, healthcare, social development, and cultural preservation. While it made a massive difference in Brazil, the foundation also supported projects in Israel, the United States, and other parts of the world. Its contributions include millions spent on health programs, scholarships, and projects like the Edmond and Lily Safra Center for Ethics at Harvard, which addresses key ethical challenges.

The foundation also supports the Edmond and Lily Safra Children’s Hospital in Tel Hashomer, Israel, which helps thousands of patients across the Middle East each year. Built on a family fortune exceeding $25 billion, the foundation has created lasting opportunities and made a real difference to many lives across the globe.

 

Family Feud

The Safra family estate became the focus of a widely publicized legal dispute following Safra’s passing, centered on his $25 billion fortune and diverse business interests. By 2024, the conflict had been resolved, with the family reaching an agreement that preserved their wealth and enabled independent ventures.

The dispute arose when Alberto Safra alleged that the will had been unfairly altered to benefit other family members. As part of the settlement, Alberto divested his interests in the family businesses, including Banco Safra and international holdings. He withdrew his claims, ensuring the family’s assets and legacy remained intact.

Safra’s financial empire included global investments, though many details about his portfolio remain private. His family fortune, one of the largest in the world, reflects his strong business skills and long-term planning. Beyond his financial success, Safra is remembered for using his wealth to tackle social challenges and support crucial charitable work.

John is a professional accountant with a passion for writing. When not helping clients identify tax and financial opportunities, you can find him writing, sailing offshore, or flying a plane. He’s worked and partied with the rich and famous from around the world, getting an inside look at the secretive lifestyles of high-net-worth celebrities.

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Entrepreneurs

Avram Glazer Net Worth

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Avram Glazer Net Worth
Net Worth:$1 Billion
Age:65
Born:October 19, 1960
Gender:Male
Height:Unknown
Country of Origin:United States of America
Source of Wealth:Entrepreneur
Last Updated:Aug 19, 2026

Introduction 

Avram Glazer is an American businessman and sports team owner with an estimated net worth of $1 Billion.

This profile covers our extensive research into Avram Glazer’s net worth and investments, including ownership of the Tampa Bay Buccaneers and Manchester United.

 

Quick Facts

  • Debuted on the Forbes Billionaires Index in 2024
  • Holds an estimated 16.7% stake in the Tampa Bay Buccaneers
  • That stake is now worth $900+ million
  • Acquired a 68% controlling stake in Manchester United for $1.46 billion
  • Sold a 25% stake of the team to James Ratcliffe for $1.3 billion in 2023

 

Net Worth History

YearNet Worth
2024$1.7 billion
2025$1.7 billion
2026$2 billion

 

Tampa Bay Buccaneers Acquisition

Avram’s father, Malcolm, was a dedicated sports fan and had been desperately trying to secure ownership of a franchise team within both the NFL and the MLB. This included attempts to acquire or establish franchises for the New England Patriots, the Baltimore Orioles (now the Baltimore Ravens), the San Diego Padres, and the Pittsburgh Pirates.

After Hugh Culverhouse, the then-owner of the Tampa Bay Buccaneers, passed away in August 1994, Malcolm finally managed to acquire a team. Malcolm purchased the Buccaneers for a reported $192 million, placing two of his sons, Joel and Edward, in leadership positions. All six Glazer siblings received an ownership stake in the team, which they still hold today. The exact split has never been confirmed, but assuming it’s an even split, this would bring Avram’s stake to roughly 16.7%.

In August 2024, Forbes valued the Buccaneers at $5.4 billion, indicating that the franchise’s value had increased by approximately $5.2 billion over the previous 29 years. Assuming Avram has always held 16.7%, his stake would have been worth $32.06 million in 1995 and is currently worth approximately $901.8 million. 

 

Manchester United Acquisition

In May 2005, Avram and the Glazer family acquired a 68% majority stake in the EPL soccer team, Manchester United, through their company Red Football Ltd. The deal reportedly cost the family £800 million ($1.46 billion USD), placing the club’s valuation at approximately £1.18 billion ($2.15 billion USD).

However, the majority of the £800 million was secured by borrowing against Manchester United’s assets, which quickly put the club in financial trouble. This left the club obligated to pay £60 million per year in interest alone on its total debts. Although no longer a dominant force in the English Premier League, Manchester United won the league in five of the first seven years following the Glazers’ acquisition.

As of May 2025, the club’s market valuation is approximately $2.4 billion. According to various reports, the Glazer family still holds approximately 71%, but it’s unknown exactly how the shares are split between the family members. Nonetheless, a 71% stake in Manchester United, based on its current valuation of $2.4 billion, would equate to roughly $1.7 billion.

 

Financial, Tax, & Legal Issues

In December 2023, Avram Glazer’s family sold a 25% stake in Manchester United to British billionaire James Ratcliffe for $1.3 billion. This sale valued the football club at $5.2 billion, over five times its 2005 leveraged buyout price of $1 billion. However, many Manchester United fans expressed frustration, attributing years of poor club performance to mismanagement under the Glazer ownership.

The sale drew further attention because Glazer used complex tax exemption strategies through the Cayman Islands, reportedly avoiding a $100 million capital gains tax bill. While legal, it reignited debates about fair tax practices among high-net-worth individuals.

 

Philanthropy

The Glazer Family Foundation, founded in 2000, has maintained a strong focus on community programs despite recent financial difficulties. In 2023, the foundation reported a $121,000 deficit, with assets of $17,700 and liabilities totaling $26,600. Even so, it supports initiatives like the Glazer Children’s Museum, which nurtures educational play through donor funding.

The foundation also supports youth sports leagues that provide equipment and coaching to over 500 underserved children annually, encouraging teamwork and physical activity. Its scholarship programs have awarded over $1 million to help more than 100 students access higher education, reducing financial obstacles for their families. The foundation has also focused on health-related efforts, such as vision screenings and eyeglass donations, which have reached more than 2,000 children in the Tampa Bay area and addressed critical needs in local communities.

Together, these initiatives reflect the Glazer family’s commitment to meaningful community support, even during periods of financial strain.

 

Highlights

Here are some of the best highlights of Avram Glazer’s career:

  • Owner of the NFL Tampa Bay Buccaneers since 1995
  • Executive Co-Chairman of Manchester United (2005) 
  • Former chairman and chief executive officer of Zapata Corporation (1995 – 2009) 
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Entrepreneurs

Jordan Belfort Net Worth

Emmy Wallin

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Jordan Belfort Net Worth
Net Worth:$1 Million
Age:64
Born:July 9, 1962
Gender:Male
Height:1.70 m (5 ft 7 in)
Country of Origin:United States of America
Source of Wealth:Entrepreneur
Last Updated:Aug 19, 2026

Introduction

Jordan Belfort is an American motivational speaker and author with an estimated net worth of $1 Million.

In this profile, we’ll discuss our research into Jordan Belfort’s net worth, income sources, legal issues, and any other events that have affected his finances.

 

Quick Facts

  • Peak annual income of $50 million
  • Ordered to pay $110.4 million in restitution to Stratton Oakmont victims
  • His legal obligation to do so expired in April 2026
  • Paid less than $14 million in total (roughly 12.6%)
  • Victims allegedly lost $200 million in total
  • Earned $1.045 million from selling the film rights to his memoirs

 

$110 Million Judgment

Belfort is known to the public for his legal issues involving a scheme he ran through his former brokerage firm, Stratton Oakmont. Between 1989 and 1998, the firm engaged in a range of illegal trading practices while Belfort and his coworkers earned millions of dollars. These illegal practices included:

  • Money laundering
  • Pump and dump schemes
  • Stock price manipulation
  • Securities fraud

During Belfort’s 1999 trial, he pleaded guilty to money laundering and securities fraud and agreed to cooperate with federal prosecutors in their investigation. Investors allegedly lost as much as $200 million from their dealings with Stratton Oakmont. Belfort was later sentenced to four years in federal prison and was released after serving 22 months.

In addition to his conviction, Jordan Belfort was ordered to pay restitution of $110,362,993.87 to his 1,513 victims. Since he obviously didn’t have this kind of money upfront, the payments were court-ordered to be taken from his gross income. He was also required to continue paying restitution to his victims on the $110.4 million judgment until April 2026.

 

Restitution Payments

So now that this date has passed, how much money did he pay in total?

Here’s the thing: Belfort could only make restitution payments based on the amount of money he earned following his release from prison. His conviction permanently barred him from re-entering the U.S. securities industry. This meant he was starting from the bottom again with a brand-new career and unlikely to fulfill the judgment by 2026.

Now, back in 2013, court filings revealed that Belfort had paid a total of $11,629,143.64. However, roughly 86% of this figure ($10 million) came from the government’s asset seizures of his properties. Those assets were sold at the beginning of the 2000s, which means he paid roughly $1.6 million in restitution from his income between then and 2013.

The reason 2013 is such a key year is that, prior to this, Belfort was obligated to put 50% of his gross income toward restitution. That obligation expired in 2013, though Jordan allegedly stopped complying with it three years earlier.

 

Historical Payments

Here are some of Belfort’s confirmed annual payments, according to the U.S. government:

  • 2007 – $382,910
  • 2008 – $148,799.19
  • 2009 – $170,000
  • 2010 – $0
  • 2011 – $21,000
  • 2012 – $158,000

In 2011, Belfort paid just $21,000 in restitution despite receiving $940,000 for selling the film rights to his life story to Red Granite Pictures. The following year, he also received an additional $250,000 from the company, but the government caught on quickly. They intervened before the payment was made, instructing Red Granite to pay $125,000 into the restitution fund.

Some reports suggest that from 2013 onwards, Belfort was required to pay a minimum of $10,000 per month into the fund. This is nothing in the grand scheme of things, since he had a remaining balance of roughly $98.73 million. At $10,000 per month, it would have taken him 822 years and 10 months to cover the full judgment.

The last official court filing made public was in 2018. It stated that Belfort had paid a total of $12,843,845.19 in restitution since the original judgment. His legal obligation expired in April 2026; therefore, the remaining balance has been wiped. We can assume that he probably paid a little more than $13 million in total.

 

Real Estate

Jordan Belfort previously owned an 8,706-square-foot, five-bedroom, eight-bathroom home in Glen Head, New York, before his arrest. This property features an outdoor pool, billiards room, bar, walk-in closets, and a squash court. Federal authorities seized the home in 2001 and sold it for $2.53 million to help pay restitution to his fraud victims.

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Entrepreneurs

Changpeng Zhao Net Worth

Find out how Changpeng Zhao’s net worth has changed in recent years, from early successes to the major fluctuations over time.

Andy Dilks Author Profile Image

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Changpeng Zhao Net Worth
Net Worth:$110 Billion
Age:48
Born:September 10, 1977
Gender:Male
Height:1.70 m (5 ft 7 in)
Country of Origin:China
Source of Wealth:Entrepreneur
Last Updated:Aug 19, 2026

Introduction

Changpeng Zhao is a Chinese-Canadian entrepreneur and business executive with an estimated net worth of $110 Billion.

Zhao earned his billions as the founder, former CEO, and controlling shareholder of the cryptocurrency exchange Binance. He launched the company in July 2017, raising $15 million through an initial coin offering. Today, Binance generates an estimated $16 billion in annual revenues and is valued at approximately $100 billion.

In this profile, we’ll discuss Changpeng Zhao’s net worth history, Binance fortune, additional business ventures, and some of the legal issues he’s faced.

 

Quick Facts

  • Debuted on the Forbes Billionaires Index in 2018
  • Launched the Binance cryptocurrency exchange a year prior
  • Holds an estimated 90% stake in the company
  • Net worth crossed the $100 million milestone in 2026
  • Sentenced to four months in federal prison for violating the Bank Secrecy Act

 

Net Worth History

YearNet Worth
2018$1.4 Billion
2019$1.2 Billion
2020$1.5 Billion
2021$1.9 Billion
2022$65 Billion
2023$10.5 Billion
2024$33 Billion
2025$62.9 Billion

As we briefly mentioned in the introduction, Changpeng Zhao’s net worth is primarily derived from his reported 90% stake in Binance. The most impressive aspect of his fortune is that Zhao became a billionaire less than a year after launching the company. He debuted on the Forbes Billionaires Index in 2018, with an estimated net worth of $1.4 billion. For the next few years, things actually remained relatively stable, though he briefly dropped off the Forbes list in 2020.

It’s important to note that, given the nature of Zhao’s business, his net worth is considered cyclical. What we mean is that cryptocurrency markets typically have cycles lasting three to four years. This is based on Bitcoin’s halving cycle, in which mining rewards are halved every time 210,000 BTC blocks are mined. Thus, setting off a chain reaction of events that ultimately results in a bull market. At least, this is what cryptocurrency’s short history has shown us.

During bull markets, Bitcoin has exploded to all-time highs, and there’s normally significant FOMO within the industry. In turn, this leads to increased activity on trading platforms like Binance and to parabolic increases in altcoin prices, such as Binance’s own BNB.

 

Why is this important?

Two reasons: Firstly, Changpeng Zhao has a substantial cryptocurrency portfolio, including 94 million BNB tokens and an estimated 1,400 BTC. Secondly, Binance’s valuation will naturally fluctuate between bull and bear markets.

 

How has this played out in terms of his net worth?

In the 2021/2022 bull market, BNB’s coin price rose to an all-time high of $650 per token. With an estimated 94 million BNB tokens in his portfolio, they would have been briefly worth up to $61.1 billion. By 2023, the price had crashed to $200 per token, reducing his stake to roughly $18.8 billion. 

Forbes’ estimates differ slightly. The publication reported Zhao’s net worth at $65 billion in 2022, up from $1.9 billion in 2021, then down to $10.5 billion in 2023.

In 2025, BNB’s token price hit a new all-time high of $1,170 per coin, and Binance reportedly had a valuation of $100 billion. Zhao’s fortune rebounded from $10.5 billion to $62.9 billion in just two years. In 2026, his net worth reached $110 billion, and he’s currently ranked as the 17th richest person in the world.

 

Cryptocurrency Holdings

In February 2025, Changpeng Zhao publicly listed his cryptocurrency holdings in a Twitter post, though only in percentage terms, stating, “I’m a boring guy.” His holdings were as follows:

  • BNB (Binance coin) – 98.6%
  • BTC (Bitcoin) – 1.3%
  • EURI (Eurite) – 0.17%
  • USDT (Tether) – 0.03%

While exact numbers weren’t listed, reports suggest that Zhao holds 94 million BNB and 1,400 BTC. It’s not clear whether this has always been the case, but assuming it has, we can roughly calculate how much his portfolio has been worth at key points in time.

  • December 2020 (BNB IPO) – Totals: $3.13 billion
  • May 2021 (bull market) – Totals: $61.2 billion
  • June 2022 (market crash) – Totals: $18.4 billion
  • June 2024 (bull market) – Totals: $64.1 billion
  • October 2025 (BNB all-time high) – Totals: $110.2 billion
  • July 2026 (recent prices) – Totals: $54.6 billion

 

Bank Secrecy Act Violations

In 2023, the United States Department of Justice filed a criminal case against Changpeng Zhao and Binance. The case alleged that Binance failed to prevent money laundering and allowed users in restricted locations to transact on the platform.

Toward the end of the year, Zhao pleaded guilty to violating the Bank Secrecy Act and was sentenced to four months in a U.S. federal prison. He also agreed to pay a $50 million fine personally, while Binance paid $4.3 billion in penalties. Following the plea, he stepped down as the CEO of Binance. Zhao was later pardoned by President Trump in 2024.

 

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