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A member of the billionaire Safra family who owns the Encyclopedia Britannica might be about to lose his $204 million Napa Valley vineyard after defaulting on a loan

Por: Business Insider Business September 30, 2022

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The Safra family has made billions from its banking operations around the globe. But that may not stop a private lender from grabbing a prized California vineyard owned by Jacob E. Jaqui Safra, a colorful investor and member of the family who lives in Switzerland.Safra several funds affiliated with Kevin Griffin's MGG Investment Group on Thursday in an effort to stop the lenders from taking over Spring Mountain Vineyard, a large Napa Valley... + full article



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