Lily Safra, one of the richest women in the world, died this Saturday (9) in Geneva, Switzerland, aged 87, according to the Edmond J. Safra Foundation, of which Lily was president.
The cause of death was not reported. The funeral will be held this Monday (11), also in Geneva.
The information was first published by journalist Lauro Jardim, in his column in the newspaper O Globo.
Lily was married for 23 years to banker Edmond Safra, who died in 1999 in an arson attack in her apartment in Monaco. She managed to escape the property. The family nurse was held responsible for the crime.
Dedicated to philanthropy through the Edmond J. Safra foundation, which she has run since her husband’s death, Lily had an estimated net worth of US$1.3 billion.
According to Forbes magazine, she was ranked 12th on the list of the richest Brazilian women in the world in 2021.
In Forbes’ updated list of billionaires, Lily was number 2,117 among the wealthiest people on the planet. First place belongs to businessman Elon Musk, whose fortune is valued at US$ 238 billion (R$ 1.26 trillion).
Born in Porto Alegre, her fortune is attributed to the inheritance of her marriages. She was also married to Alfredo Monteverde, founder of Ponto Frio, now controlled by the Via Varejo group. Monteverde committed suicide in 1969.
Lily sold her stake in Ponto Frio in 2009 for US$340 million (R$1.8 billion) to Grupo Pão de Açúcar.
The Edmond J. Safra Foundation is dedicated to projects related to education, science and medicine, religion, culture and humanitarian aid in more than 40 countries. See the foundation note:
With deep sadness, the Edmond J. Safra Foundation mourns the loss of its President, Ms. Lily Safra.
Mrs. Safra passed away on Saturday, July 9, in Geneva, surrounded by family and friends.
For over twenty years, Ms. Safra has faithfully upheld the philanthropic legacy of her beloved husband Edmond, providing support to hundreds of organizations around the world.
The Foundation will always be guided by the values and traditions that Mr. and Mrs. Safra personified.
Mrs. Safra leaves children, grandchildren and great-grandchildren, to whom she was always very devoted.
I have over 8 years of experience in the news industry. I have worked for various news websites and have also written for a few news agencies. I mostly cover healthcare news, but I am also interested in other topics such as politics, business, and entertainment. In my free time, I enjoy writing fiction and spending time with my family and friends.
