Zadik Bino (Hebrew: צדיק בינו; born 1943) is an Israeli businessman. In 2018, he ranked #1867 on the Forbes World's Billionaires list, with wealth listed at US$1.2 billion.[1]

Early life and education

Of Iraqi Jewish descent,[2] Bino was born in Iraq.[3]

Career

Bino was CEO of First International Bank of Israel from 1978 to 1986. Two decades later, he bought the bank.[4]

In 2006, he was named Globes Man of the Year in Tel Aviv, Israel.[5] He was ranked Israel's 24th-richest man in 2006 by Forbes.[6]

He has a majority stake in F.I.B.I Holdings Company, which controls the First International Bank. He also owns 51% of fuel company Paz, as well as stakes in Channel 2 licensee Reshet, ad agency Kesher Barel, and real estate in Tel Aviv, London and, most recently, India. In 2006 he acquired the Ashdod refineries and completed the acquisition of Bank Otsar Ha-Hayal from Bank Hapoalim.[6]

On 5 March 2021, Forbes listed his net worth at US$1.4 billion.[7]

References

  1. ↑ "Forbes Billionaires 2022: The Richest People in the World". Forbes.
  2. ↑ Aliyah from Iraq
  3. ↑ "Meet Zadik Bino, the Iraqi Native with a Billion Dollar Fortune in Israeli Oil, Banking". Forbes.
  4. ↑ Meet Zadik Bino, the Iraqi native with a billion dollar fortune in Israeli oil
  5. ↑ "Globes" Man of the Year: Zadik Bino He began the year by buying Bank Otsar Hahayal, and ended it with the purchase of the Ashdod oil refinery and the Paz IPO
  6. 1 2 Israel's Richest: #24 Zadik Bino at Forbes.com
  7. ↑ "Zadik Bino & family". Forbes.
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