Joseph Safra

Safra's banking fortune expanded into assets with very different economics. The family group's history records the purchase of London's Gherkin in 2014 and the acquisition of Chiquita in 2015 with the Cutrale interests. European merger documents identify Safra's acquisition vehicle and the joint-control arrangement. Banking, commercial property and fresh produce were distinct exposures; Chiquita was a partnership investment, rather than simply another subsidiary of his banking operation.