Isaac Saba Raffoul

Isaac Saba Raffoul (October 17 1923 - July 27 2008) was a Mexican businessman of Syrian Jewish origin; his father emigrated from Aleppo, Syria to Veracruz, Mexico where he started a rag business. [ [http://data2.efinf.com/reader/display?c=lores&id=29b0df3f2d73af4143c3e1a510e74e05&d=2006-12-10 El delito fiscal de Isaac Saba] ] , and was one of the wealthiest persons in the world according to Forbes Magazine. He had been married with wife Rebecca for more than 40 years and had three sons: Moises, Manuel and Alberto.

He was the president of Grupo Xtra and chairman of Casa Saba. There has been a controversy surrounding him since he teamed up with General Electric Mexico to open up a new nationwide television channel. TV Azteca and Televisa, upon hearing this, accused him of monopolizing medicine prices in an attempt to discredit him. According to El Financiero, there is no such monopoly. [ [http://www.elfinanciero.com.mx/ElFinanciero/Portal/cfpages/contentmgr.cfm?docId=34429&docTipo=1&orderby=docid&sortby=ASC El Financiero en línea ] ]

ee also

*List of billionaires (2005)
*List of Mexican billionaires

External links

* [http://www.forbes.com/finance/lists/10/2003/LIR.jhtml?passListId=10&passYear=2003&passListType=Person&uniqueId=M12Y&datatype=Person Profile] at Forbes
* [http://online.wsj.com/article/SB121764868931107141.html REMEMBRANCES] Isaac Saba Raffoul (1923 – 2008), Mexican Mogul Helped Impose Discipline on Corporate Culture, By STEPHEN MILLER Wall Street Journal, August 2, 2008.

References