Image: Public domain | via Wikimedia Commons
Zadik Bino, born in Iraq in 1943, is a prominent Israeli businessman. His career spans the banking and energy sectors, marked by his role as CEO of First International Bank of Israel from 1978 to 1986, which he later acquired. Bino's wealth stems from diverse investments, including a significant stake in the fuel company Paz Oil and holdings in real estate and other ventures. As of December 5, 2025, his net worth is estimated at $2.4 billion.
Zadik Bino was born in Iraq in 1943, of Iraqi Jewish descent. He later moved to Israel, where he built his career.
Bino's career began in the banking sector. He served as the CEO of First International Bank of Israel from 1978 to 1986. He later acquired the bank, showcasing his entrepreneurial acumen. Bino expanded his interests, owning a 51% stake in Paz fuel company and stakes in other ventures, demonstrating his financial acumen. In 2006, he was named Globes Man of the Year in Tel Aviv.
A key strategy of Bino was to vertically integrate the fuel supply chain. In 1999 he bought the Paz Oil Company. He then won the Israeli government's tender for the sale of the Ashdod Oil Refinery in 2006, making Paz the first Israeli company to own a refinery.
Details about Zadik Bino's specific philanthropic initiatives and amounts are not readily available in the search results.
Bino became the CEO of First International Bank of Israel, a pivotal role in shaping the bank's growth and success.
Bino bought the First International Bank of Israel.
Bino took a 60% stake in Paz Oil Company.
Bino was named Globes Man of the Year in Tel Aviv, Israel.
