Zadik Bino was born in Tel Aviv, Israel, Israel. Zadik Bino is #1940 in List Billionaires People In The World. Zadik Bino took advantage of high share prices in Paz Oil Company and FIBI Holdings, the holding company for the First International Bank of Israel, to sell off a chunk of shares in both companies over the course of the past year. An Iraqi immigrant, he moved to Israel and worked his way up the chain at First International Bank of Israel, serving as its CEO from 1978 to 1986. He bought the company two decades later. Now the bulk of his fortune comes from Paz Oil, which became the first Israeli company to vertically integrate the oil supply chain in 2006, when it won the Israeli government's tender for the sale of the Ashdod Oil Refinery. It also runs convenience stores throughout Israel.