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Have you ever stopped to think about who is really behind one of Brazil's biggest fortunes? Vicky Safra is almost invisible in the media, but her story of wealth and influence is absolutely fascinating.
After Joseph Safra passed away in 2020, Vicky became the main manager of an empire built over nearly two centuries. We are talking about a woman who oversees an estimated wealth of around $16.6 billion, placing her among the richest in the world. But the interesting thing is that she does all of this away from the spotlight.
The story begins long before Brazil. Back in the 19th century, the Safra family ancestors were already financing trade caravans in the Ottoman Empire, using camels to transport goods. Later, in 1953, Jacob Safra migrated here and founded Safra Importação e Comércio, taking the first steps toward what would become the financial conglomerate we know today.
Joseph, Jacob’s youngest son, grew up in an international environment. He worked in England, the United States, and Argentina before settling in Brazil. It was here that he met Vicky Sarfaty, a young woman of Jewish origin whose family had arrived in the country in the 1950s. They married in 1969, when she was only 17 years old. This union was not only romantic but also strategic for the family’s business.
Over the years, the couple had four children who were prepared from an early age to manage the group. Jacob, the eldest, handles international operations. David, the youngest, plays a central role in Brazilian business. The succession was carefully planned, reflecting Joseph’s conservative philosophy: stability and continuity above all.
Vicky Safra’s net worth today mainly comes from the assets of the J. Safra Group. Banco Safra in Brazil is the flagship, but there is also J. Safra Sarasin in Switzerland, operating in global private banking. The group manages approximately $90 billion. Additionally, the family controls an impressive portfolio of high-end international real estate, including the famous Gherkin building in London and properties in New York.
Not everyone in the family works directly at the bank. Alberto Safra, for example, left the board in 2019 but maintains a stake and created ASA Investments. Esther Teira Safra runs the Beit Yaacov school in São Paulo. This diversification shows how the family thinks on multiple fronts.
Currently, Vicky resides in Switzerland and lives very discreetly. Her public presence mainly occurs through the Vicky and Joseph Safra Foundation, which invests in education, arts, and health. Philanthropy has always been central to the family, combining capital preservation with social impact.
What stands out is that all this net worth and global influence do not come with media protagonism. Vicky Safra proves that it is possible to be one of the wealthiest women in Brazil without appearing on magazine covers or giving interviews. Her model of wealth management, focused on solidity and long-term vision, continues to be a reference in the international financial scene, especially in times of volatility.