Billionaire Alberto Safra Sues His Own Mother—and Two Siblings
Banking heir and billionaire Alberto Safra has sued his mother and two of his brothers amid a dispute over his late father’s fortune.
Safra’s suit, filed Monday in New York State Supreme Court, accuses his family members of purposely diluting his stake in the holding company for Safra National Bank of New York in an effort to push him out of the family banking empire.
Safra and his family have for years been involved in a battle over the fortune of his father, Joseph Safra, formerly the richest person in Brazil and director of banking behemoth the Safra Group. After his father’s death in 2020, Alberto contended he had been wrongly written out of the will and his father’s $20 billion-plus empire.
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