TIL that When Edward Safra was 16, he earned $40 million during arbitrage transactions between Italian and British gold sovereigns and used this money to obtain a financial house in Geneva which became his Trade Development Bank which used only ancient Arabic script for its bookkeeping.


TIL that When Edward Safra was 16, he earned $40 million during arbitrage transactions between Italian and British gold sovereigns and used this money to obtain a financial house in Geneva which became his Trade Development Bank which used only ancient Arabic script for its bookkeeping. https://en.wikipedia.org/wiki/Edmond_Safra GetEdgeful July 29, 2023 at 07:41PM

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