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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:Jul 7, 2025

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.

 

Estimated Net Worth

At his time of death, Joseph Safra’s net worth was estimated to be roughly $25 Billion.

 

Tax & Legal Issues

Safra established a financial and philanthropic legacy worth billions despite facing significant legal and family disputes during his lifetime. In 2016, Brazilian prosecutors charged him with involvement in a bribery scheme, alleging improper payments by his bank 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 was resolved, with the family reaching an agreement that maintained their wealth and allowed for 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

Patrick Bet-David Net Worth

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Patrick Bet David Net Worth
Net Worth:$200 Million
Age:46
Born:October 18, 1978
Gender:Male
Height:1.70 m (5 ft 7 in)
Country of Origin:Iran
Source of Wealth:Entrepreneur
Last Updated:Jul 7, 2025

Introduction

Patrick Bet-David is an Iranian-American entrepreneur with an estimated net worth of $200 Million.

 

PHP Agency

Bet-David built his financial empire on two main ventures, PHP Agency and Valuetainment. He launched PHP Agency (People Helping People) in 2009 as a life insurance and annuity marketing company. The business employed a controversial multi-level marketing (MLM) structure, where agents earned commissions not only on their sales but also on sales made by people they recruited. The more individuals that each salesperson recruits, the more they earn.

PHP’s MLM model has been criticized for relying too heavily on recruitment, with only a few agents earning significant income. YouTuber Coffeezilla investigated PHP Agency and concluded that many recruits lose money. Despite this, PHP Agency received an A+ rating from the Better Business Bureau and has not faced any industry penalties.

 

Growth

By 2017, his PHP business had grown to over 5,000 licensed agents and now served 49 states across the US. In the same year, it raised $10 million in private equity to enable its continuing growth. One of the investors was the former boxer-turned-entrepreneur Oscar De la Hoya. He was particularly impressed by the work PHP had done with the Hispanic market. Recognizing that the Hispanic community often faces challenges in accessing insurance, PHP aimed to support this underrepresented group. At its peak in 2024, PHP claimed to have over 45,000 agents, with Bet-David crediting PHP’s rapid expansion to investments in technology and a focus on diverse, often underserved, communities.

 

Acquisition

In July 2022, PHP Agency was acquired by Integrity Marketing Group, one of the largest distributors of life and health insurance in the United States. As part of the deal, Bet-David became a Managing Partner at Integrity, but there is no official public disclosure of the exact value of Bet-David’s earnings from the sale. He remained actively involved during the sale and reportedly completed his earn-out by 2024.

 

Valuetainment

On November 9, 2012, Bet-David stepped out into content creation when he launched his YouTube channel Valuetainment. Typically, for Bet-David, the channel’s prime focus was on business strategy and entrepreneurship. It very rapidly grew a loyal following, and by 2024, it had more than 475 million views and over 6.4 million subscribers.

His YouTube channel was so successful that Valuetainment expanded into podcasting, public speaking, live events, online education, and merchandise. Bet-David began to interview high-profile guests, including Kobe Bryant and Mark Cuban. Under the umbrella of the Valutainment brand, Bet-David launched The PBD Podcast, which became one of the top-ranked business podcasts on Spotify, further increasing his reach. 

 

Vault Conference

With the success of PHP, Bet-David had proved that he knew what he was doing in business. To help other entrepreneurs, he launched the Vault Conference in 2020. It has since evolved into an annual high-ticket event featuring keynote speakers, workshops, and networking sessions.

Ticket prices started at $495, reaching $5,000 plus for a VIP experience. Typically, 1,000 to 2,000 people attend the conference, which generates approximately $2 million to $5 million in gross revenue per event. It is a significant source of revenue for Valuetainment and serves as a sales funnel for Bet-David’s coaching programs and products.

 

Real Estate

In June 2021, Patrick Bet-David paid $20.4 million for a 10,436-square-foot, six-bedroom, 7.5-bathroom home in Fort Lauderdale, Florida. The property was initially listed for $25 million before Bet-David bagged himself a $4.6 million discount. The entrepreneur has provided a personal video tour of the home on his YouTube channel, which you can view below. Recent estimates place the home’s value at approximately $22.4 million, costing Bet-David up to $360,000 per year in property taxes.

Continuing with his investments in Florida, Bet-David made the move into commercial real estate in September 2024. He paid $25 million for an office and hangar complex in a bankruptcy sale. Located near Fort Lauderdale Executive Airport, the complex has 20,150 sq ft of office space, an 18,048 sq ft private aircraft hangar, and a two-bedroom apartment.

Although he hasn’t explicitly stated what the complex will be used for, it is likely to support Valuetainment’s media, logistics, and event production needs as the company continues to grow.

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Tom Bilyeu Net Worth

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Tom Bilyeu Net Worth
Net Worth:$400 Million
Age:49
Born:March 30, 1976
Gender:Male
Height:1.80 m (5 ft 11 in)
Country of Origin:United States of America
Source of Wealth:Entrepreneur
Last Updated:Jul 7, 2025

Introduction

Tom Bilyeu is an American entrepreneur and businessman with an estimated net worth of $400 Million.

 

Quest Nutrition

One of Bilyeu’s first business ventures was Quest Nutrition, which he started in 2010 alongside Ron Penna and Mike Osborn. The business focused on protein-rich snack foods with minimal sugar. Their flagship product, the Quest Bar, has become extremely popular among fitness enthusiasts, bodybuilders, and health-conscious individuals.

As a result, Quest Nutrition experienced rapid growth and, within a few years, transitioned from a startup to a company generating over $400 million in annual revenue. Bilyeu left the company in 2016, and Quest Nutrition was eventually sold in 2019. The Simply Good Foods Company bought Quest for $1 billion, making it one of the decade’s most successful health food startups.

 

Impact Theory

Shortly after leaving Quest Nutrition, Bilyeu founded Impact Theory in October 2016. He started Impact Theory as a self-funded venture, giving him complete control over his business. Impact Theory was created to inspire individuals through content that promotes personal development, a growth mindset, and self-transformation.

Bilyeu has been the company’s CEO from the start, building a brand that focuses on thought-provoking interviews, education, and motivation. His hugely popular YouTube channel features in-depth conversations with entrepreneurs, authors, scientists, and thought leaders. Guests have included Simon Sinek, Dr. Joe Dispenza, and David Goggins. Through Impact Theory, he continues to blend storytelling and psychology to help people overcome limiting beliefs and unlock their potential.

 

U.S. Securities & Exchange Commission Lawsuit

In 2023, Bilyeu became the subject of a landmark legal case. The U.S. Securities and Exchange Commission (SEC) took its first-ever action against an NFT project. Bilyeu’s company was charged with offering “Founder’s Keys,” which were unregistered securities in the form of non-fungible tokens (NFTs). An unregistered security is a stock, bond, or note that has not been registered with the SEC through a formal registration statement. Registration with the SEC is a legal requirement for most securities before they can be offered or sold to the general public.

The SEC alleged that Impact Theory, Bilyeu’s company, raised approximately $30 million from investors by marketing the NFTs as investment opportunities. Bilyeu settled the case without admitting or denying the SEC’s findings. The settlement required his company to pay over $6.1 million in penalties. They also had to destroy all unsold Founder’s Keys NFTs and forfeit future royalties from the resale of these NFTs. Bilyeu also had to agree to establish a fund to compensate affected investors. The SEC’s action set a precedent for how NFTs might be regulated as securities in the U.S going forward.

 

Real Estate

Beverly Hills Mansion

Bilyeu and his wife purchased a Beverly Hills mansion in 2015 for $8.25 million. The home featured six bedrooms, nine bathrooms, a media room, a wine cellar, a pool, a sports court, and outdoor living areas. The couple put the property on the market in late 2020, initially asking for just under $10 million. The listing went on and off the market over the next two years and was eventually sold for the full asking price of $10 million in early 2023.

Hollywood Hills Mansion

While selling their Beverly Hills mansion, Bilyeu and his wife bought a three-story Hollywood Hills mega-mansion. The couple made headlines as it was one of L.A.’s most expensive residential transactions that year. They purchased the property for a reported $35.5 million. The home, situated in one of Los Angeles’s most exclusive enclaves, spans 20,058 square feet.

The mansion includes five bedrooms and eight bathrooms, a glass elevator, a rooftop deck, a state-of-the-art wine cellar, and a private movie theater. It also features a 175-foot infinity pool with a waterfall, and has panoramic views across Los Angeles, from downtown to the Pacific Ocean. Bilyeu also uses the mansion as a base for Impact Theory, recording interviews and filming production shoots.

 

Highlights

Here are some of the best highlights of Tom Bilyeu’s career:

  • X-Prize Foundation (1995)
  • Quest Nutrition (Co-founder, 2010)
  • Inc 5000 (Magazine, 2014)
  • The Tony Robbins Podcast (2014)
  • Impact Theory (2016)
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Entrepreneurs

Robin Li Net Worth

Robin Li is one of the richest men in China, but just how much is he worth today?

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Robin Li Net Worth
Net Worth:$10 Billion
Age:56
Born:November 17, 1968
Gender:Male
Height:1.75 m (5 ft 9 in)
Country of Origin:China
Source of Wealth:Entrepreneur
Last Updated:Jul 7, 2025

Introduction

Robin Li is a Chinese computer scientist and internet entrepreneur with an estimated net worth of $10 Billion.

 

Net Worth History

YearNet Worth
2016$11 Billion
2017$13.3 Billion
2018$12 Billion
2019$9.6 Billion
2020$4.9 Billion
2021$14.7 Billion
2022$7 Billion
2023$7.7 Billion
2024$5.9 Billion
2025$5.7 Billion

 

Business Ventures

In addition to developing RankDex in 1994 and starting Baidu in 2000, Li has also been involved in other business ventures throughout his career.

He has been the Chairman of iQIYI, a Chinese video-on-demand over-the-top streaming service founded in 2010. Now owned by Baidu, iQIYI is often referred to as the “Netflix of China.” It went public in the United States in 2018, raising $2.25 billion, and is now one of the biggest online video websites in the world, with 500 million monthly active users.

Li also served as a board member of New Oriental, China’s largest private education service provider. In 2006, New Oriental became the first Chinese private education company to list on the New York Stock Exchange in the United States, achieving a market capitalization of $14 billion and serving 26.6 million students.

 

Philanthropy

Outside of his day-to-day commitments, Li has consistently supported initiatives that give back to the community. This is evident in his philanthropic endeavors, which include supporting specific departments at universities, funding ongoing research, and contributing to disaster relief efforts.

In 2013, Li and his wife donated $200,000 to the Department of Computer Science and Engineering at the University of Buffalo’s School of Engineering and Applied Sciences. The Robin Li Data Mining and Machine Learning Laboratory was then established to support the university’s ongoing research and commitment to excellence in data mining and machine learning.

In April 2018, Li made his largest donation of ¥660 million ($91 million) to Peking University, where he obtained his Bachelor’s degree in Management, in support of the university’s 120th anniversary. The donation was used to establish the Peking University Baidu Fund, which focuses on the research and development of artificial intelligence and related technologies. In the same year, Li advocated for China to reduce taxes in the Xiong’an New Area economic zone to help attract world-class international talent. Li claimed that high taxes are making China a less desirable destination for top-tier talent and are hindering China’s ability to make significant advancements in artificial intelligence development.

Outside of his personal donations and philanthropic campaigns, through Li’s guidance, Baidu donated ¥90 million ($12.4 million) to support disaster relief efforts in Henan Province following the severe flooding in July 2021. By the end of 2021, disaster relief had become the largest area of Baidu’s philanthropic contributions, with a total of ¥198.55 million ($27.2 million) donated under Li’s leadership.

Li’s commitment to supporting the continued development of education and innovation in China and abroad through funding new initiatives and research centres is a testament to his philanthropic character. 

 

Highlights 

Here are some of the best highlights of Robin Li’s career: 

  • Li is the co-founder of Baidu
  • He is a member of the 12th Chinese People’s Political Consultative Conference
  • Chinese Top Ten Innovative Pioneers (2001)

 

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