Zadik Bino & family

Zadik Bino & family

$2.77 B

Ranked #1500 in World

About Zadik Bino & family

Israeli businessman Zadik Bino, born in Iraq in 1943, has made significant strides in the finance and banking sector, establishing himself as a formidable figure. With origins from Iraqi Jewish descent, Bino's financial acumen led him to the position of CEO at the First International Bank of Israel between 1978 and 1986 before eventually acquiring it. His diverse portfolio spans across owning a 51% stake in Paz fuel company, investments in Reshet, Kesher Barel, and real estate in Tel Aviv, London, and India. Forbes recognized his financial growth, ranking him #1867 among the world's billionaires in 2018 with a net worth of US$1.2 billion, which impressively increased to US$1.4 billion by March 5, 2021. Bino, once named Globes Man of the Year in Tel Aviv in 2006 and ranked as Israel's 24th-richest man, continues to impact the global and Indian financial landscapes through strategic acquisitions, including the Ashdod refineries and Bank Otsar Ha-Hayal in 2006.

Born

January 01, 1944

Age

82 years

Source Of Wealth

Banking, Oil

Industries

Diversified

Citizenship

Israel

Residence

Tel Aviv

Education

Diploma, High School

Zadik Bino, a prominent Israeli businessman, was born in 1943. Of Iraqi Jewish descent, he was born in Iraq and later moved to Israel, where he established himself as a successful entrepreneur and investor.

Zadik Bino & family: Family

Zadik Bino's family background is not widely known, but he has been married and has children. However, specific details about his family members and their involvement in his business ventures are not publicly available.

Zadik Bino & family: Career Highlights

Zadik Bino's career is marked by several significant achievements. He served as the CEO of the First International Bank of Israel from 1978 to 1986, where he played a pivotal role in shaping the bank's growth and success. Later on, he acquired the bank, demonstrating his entrepreneurial acumen and business savvy.

Zadik Bino & family: Companies

Zadik Bino has a diverse portfolio of companies under his control. He holds a majority stake in F.I.B.I Holdings Company, which serves as the parent company for the First International Bank. Additionally, he owns a 51% stake in the fuel company Paz, further expanding his business interests into the energy sector.

Beyond these core holdings, Zadik Bino has stakes in various other ventures, including Channel 2 licensee Reshet, ad agency Kesher Barel, and real estate properties in Tel Aviv, London, and India. His investments showcase his strategic approach to diversifying his business portfolio across different industries and geographical locations.

Zadik Bino & family: Major Achievements

Zadik Bino's accomplishments have garnered recognition and accolades throughout his career. In 2006, he was named Globes Man of the Year in Tel Aviv, Israel, a prestigious award that acknowledges outstanding contributions to the business community. Furthermore, Forbes ranked him as Israel's 24th-richest man in the same year, highlighting his remarkable financial success.

Zadik Bino & family: Awards & Achievements

Zadik Bino's achievements extend beyond financial success. He has been recognized for his philanthropic efforts and contributions to various social causes.

In 2006, he acquired the Ashdod refineries, a significant move that ensured the continued operation of the facility and preserved jobs in the region. Additionally, he completed the acquisition of Bank Otsar Ha-Hayal from Bank Hapoalim, further solidifying his position in the banking industry.

Zadik Bino & family: Personal Life & Legacy

Zadik Bino's personal life is relatively private, and information about his family and personal interests is limited. However, his legacy as a successful businessman and investor is well-established. He has demonstrated exceptional leadership, strategic vision, and a keen eye for opportunities, making him a respected figure in the Israeli business community.

Zadik Bino & family: Trivia

Zadik Bino's net worth has fluctuated over the years. In 2018, Forbes ranked him #1867 on the World's Billionaires list with a net worth of US$1.2 billion. As of 5 March 2021, Forbes listed his net worth at US$1.4 billion, reflecting his continued success and growth in the business world.

Wealth History

Timeline

1943

Zadik Bino was born in Iraq.

1978

Zadik Bino became the CEO of First International Bank of Israel.

1986

Zadik Bino bought the First International Bank of Israel.

2006

Zadik Bino was named Globes Man of the Year in Tel Aviv, Israel.

2006

Zadik Bino was ranked Israel's 24th-richest man by Forbes.

2006

Zadik Bino acquired the Ashdod refineries.

2006

Zadik Bino completed the acquisition of Bank Otsar Ha-Hayal from Bank Hapoalim.

2018

Zadik Bino was ranked #1867 on Forbes World's Billionaires list, with a net worth of US$1.2 billion.

5 March 2021

Zadik Bino's net worth was listed at US$1.4 billion by Forbes.

Zadik Bino & family : FAQs

What is Zadik Bino's current net worth?

Zadik Bino's current net worth is $2.77 billion.

What is Zadik Bino's current global rank among billionaires?

Zadik Bino holds the 1500th position globally among billionaires.

What is Zadik Bino's current ranking within the Israel?

Zadik Bino holds the 21st position in Israel.

What was the change in Zadik Bino's net worth compared to the previous year?

Zadik Bino's net worth increased by 312.49 million dollars compared to the previous year 2025, when his net worth was 2.45 billion dollars.

What are Zadik Bino's main sources of wealth?

Zadik Bino's main source of income comes from Banking, Oil.

In which industry does Zadik Bino primarily operate?

Zadik Bino is primarily involved in the Diversified industry.

What is Zadik Bino educational background?

Zadik Bino holds a Diploma from High School.

How old is Zadik Bino?

Zadik Bino is 82 years old.

How many children does Zadik Bino have?

Zadik Bino has 3 children.

Who is Zadik Bino and why is he famous?

Zadik Bino is a prominent Israeli businessman, born in 1943 in Iraq of Iraqi Jewish descent. He is known for his significant impact on the banking and energy sectors in Israel, having been the CEO and later the owner of the First International Bank of Israel. Bino has also been recognized for his investments in various industries, including fuel, real estate, and media.

What notable achievements have been recognized in Zadik Bino's career?

Zadik Bino has been celebrated for his entrepreneurial success and leadership in the business world. Notably, he was ranked #1867 on Forbes World's Billionaires list in 2018 and named Globes Man of the Year in Tel Aviv, Israel in 2006. Additionally, in 2006, Forbes ranked him as Israel's 24th-richest man, signifying his influence and stature in the business community.

What companies and assets does Zadik Bino own or have a majority stake in?

Zadik Bino owns a majority stake in F.I.B.I Holdings Company, which controls the First International Bank of Israel. He also owns 51% of the fuel company Paz and has stakes in Channel 2 licensee Reshet, ad agency Kesher Barel, as well as real estate in Tel Aviv, London, and India. Moreover, he acquired the Ashdod refineries and Bank Otsar Ha-Hayal, showcasing his diverse investment portfolio.

How has Zadik Bino contributed to the Israeli banking and fuel industries?

Zadik Bino has made significant contributions to both the banking and fuel industries in Israel. As the former CEO and later the owner of the First International Bank of Israel, he played a crucial role in its development and growth. His acquisition of a majority stake in the fuel company Paz further demonstrates his influence in enhancing the energy sector, contributing to economic growth and stability in Israel.
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