SubscribeSign In
LeaderPortfolio
Billionaire Profile
Zadik Bino & family
Global Rank
#1524

Image: Unsplash Contributor | Unsplash License | via Unsplash

Zadik Bino & family

CEO, Banking
ISRAEL
Real-Time Net Worth
$2.785B
Estimated based on Banking stock value as of April 21, 2026
-0.05% (24h)
Age
83
Source
Banking, oil
Industry
finance-investments
Citizenship
ISRAEL

Biography

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.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/21/2026

Wealth Over Time

In-Depth Profile

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 Milestones

1978

CEO of First International Bank of Israel

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

1986

Acquired First International Bank of Israel

Demonstrated entrepreneurial acumen by acquiring the bank.

1999

Purchased Paz Oil Company

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

2003

Acquired FIBI Holdings

Purchased FIBI Holdings from the Safra brothers.

2016

Relinquished control of Paz Oil Company

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

Philanthropy & Social Impact

N/A

Unknown

Undisclosed

Philanthropic details are not available in the provided search results.

Business Philosophy & Leadership

Notable Quotes

"The Jerusalem Post once described the "Bino formula" as "know what you want, move fast and pay cash.""

Leadership Principles

Strategic Acquisition

Bino has demonstrated a consistent strategy of acquiring key assets, such as FIBI and Paz Oil, to build and control his business interests.

Vertical Integration

He vertically integrated the fuel supply chain in Israel, highlighting a focus on controlling all aspects of his core businesses.

Financial Acumen

His career is marked by financial acumen and business savvy, as demonstrated by his leadership roles and acquisitions within the banking and oil industries.

Controversies & Challenges

2014

Share Sales in Paz Oil Company

Bino sold shares in Paz Oil Company, reducing his stake.

2016

Relinquishing Control of Paz

Bino sold a significant portion of his stake in Paz Oil Company, ceasing to be the controlling shareholder.

Compare Zadik Bino & family

Net Worth Face-off
Zadik Bino & family vs Elon Musk
Compare Wealth →
Net Worth Face-off
Zadik Bino & family vs Jeff Bezos
Compare Wealth →
Net Worth Face-off
Zadik Bino & family vs Mark Zuckerberg
Compare Wealth →