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Zadik Bino & family
Rank #1504
ISRAELfinance-investmentsBanking, oil

Zadik Bino & family

Net Worth
$2.782B
+0.2% (24h)
Zadik Bino, born in Iraq in 1943, is a prominent Israeli businessman known for his significant achievements in banking and oil. He is of Iraqi Jewish descent. Bino's career includes serving as the CEO of First International Bank of Israel (FIBI) from 1978 to 1986, later acquiring the bank, and owning a 28.5% stake as of 2026. His source of wealth is primarily from banking and oil, with diversified holdings in various other ventures. As of March 10, 2026, his estimated net worth is $2.7 billion.

The Full Dossier

Early Life

Zadik Bino was born in Iraq in 1943, later moving to Israel. Not much is known about his early life, but his move to Israel was a pivotal step in his journey.

Rise to Success

Bino's career began in the banking sector, where he served as CEO of First International Bank of Israel (FIBI) from 1978 to 1986. His leadership played a crucial role in the bank's growth. Bino later acquired the bank, demonstrating his entrepreneurial skills. He was also the first Israeli to vertically integrate the country's fuel supply, and he bought Paz Oil Company in 1999.

Key Business Strategies

Bino's business strategy included acquiring strategic assets and vertically integrating his operations, particularly in the fuel sector with Paz Oil Company. He is also known for his ability to act quickly and pay in cash. He has also demonstrated an ability to sell off holdings in a decentralized fashion when required.

Philanthropy

There is no specific, verified information on his current philanthropic activities, amounts, or initiatives available through the search results.

Career Timeline

2016

Relinquished control of Paz Oil Company

Sold a significant portion of his stake in Paz Oil, complying with the Concentration Law.

2003

Acquired FIBI Holdings

Purchased FIBI Holdings from the Safra brothers.

1999

Purchased Paz Oil Company

Became the first Israeli to vertically integrate the fuel supply chain.

1986

Acquired First International Bank of Israel

Demonstrated entrepreneurial acumen by acquiring the bank.

1978

CEO of First International Bank of Israel

Served as CEO of FIBI, contributing significantly to its growth.

Philanthropic Impact

N/AUndisclosed

Unknown

Philanthropic details are not available in the provided search results.

Wealth Trajectory