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stated the brothers were not
Iranian, but had been born in British India of Iraqi-Jewish parents. After a public complaint and a subsequent official investigation into Livingstone's comments, the investigating officer dismissed the complaint and concluded that Livingstone had reason to be strongly
636:
initially refused to ratify the deal, and Mike Ashley engaged in legal proceedings against the
Premier League to complete the takeover. On 7 October 2021, the Premier League approved the buy-out, stating that it has "received legally binding guarantees that the Kingdom of Saudi Arabia will not
352:
By 2000, the brothers sold all their
Russian assets as they focused their business activities mainly in the UK property market. They have been involved in financing a number of acquisitions and have investments in technology companies. As of 2016, their business activities mainly involved real
231:
family. Their father went to Bombay from Iraq to secure work in the textile industry. Following their parents' separation, the brothers moved to London in the 1950s with their mother, and due to the change in financial circumstances, the brothers attended state schools and lived in
318:
637:
control the
Newcastle United club". The buy-out deal involved the Saudi Public Investment Fund taking up 80% of Newcastle United shares, while the Reuben Brothers and PCP Capital Partners each took 10% of the remaining shares.
593:; The Wellington Pub Company, the largest free-of-tie pub estate in the UK with approximately 850 tenanted pubs; Global Switch, the carrier data centre provider in Europe and the Asia-Pacific region; and a joint venture with
248:
business while Simon started out in carpets. Simon went on to buy out
England's oldest carpet company from the receivers and made enough money from it to start investing in property, with early investments on
730:
development, in which the Reuben brothers held a 50% stake. Livingstone controversially told the media conference, referring to the Reuben brothers, that "If they're not happy here, they can go back to
273:
entered into tolling arrangements with factories in which they paid for and delivered raw materials in return for finished aluminum, which it then sold for profit.The company's investment in Russia was
1706:
The story of Trans World's aluminum empire is filled with bribes, shell companies, profiteers, and more than a few corpses. Then again, in today's Russia, that's pretty much par for the course.
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8 billion. TransWorld was accused of involvement in illegal activities, including several murders. The brothers were involved with several members of the country's new
2188:
1987:
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1959:
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2023, David and Simon Reuben and their combined family had an estimated net worth of £24.4 billion. This made them
Britain's fourth wealthiest family.
412:
Other investments and developments include
Merchant Square, a 1,800,000 sq ft (170,000 m) development scheme of offices and flats, in the
478:
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1909:
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https://web.archive.org/web/20140315023618/http://uk.finance.yahoo.com/news/how-britain-s-richest-brothers-made-billions-from-nothing-180004118.html
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782:, originally named Parks College. It is a post-graduate college focused on climate change, artificial intelligence and cellular life.
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In 2008, the Reuben brothers returned to the commodity business, expanding their mining interests with a portfolio of mines in
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critical of the Reuben brothers' conduct, and that his criticism, while "robust," was "reasonable" in the circumstances.
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409:, which comprises six freehold buildings which have a planning consent for a six-star hotel and private members' club.
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at the time, used a press conference to accuse Simon and David Reuben of jeopardising the £4 billion
629:
374:
207:
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250:
205:(born 1944) are British businessmen. In 2024, they were named the third-richest family in the UK by the
2120:
691:
687:
671:
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429:
534:
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1993:
449:
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257:. The brothers increased their wealth during the 1970s and 1980s in metals- and property trading.
2087:
1688:
424:, City of London; Hampton House, demolition and redevelopment of the 1960s office block opposite
314:
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In the early 1990s, the brothers invested in the
Russian metals market. When Russian aluminum
2387:
2335:
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1960:"PIF, PCP Capital Partners and RB Sports & Media acquire Newcastle United Football Club"
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1650:
1542:"Reuben brothers: The super-rich, Mumbai-born entrepreneurs you probably haven't heard of"
744:
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444:. In 2006, the Reuben Brothers formed a partnership that injected private equity into the
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in Great
Britain, accounting for 39% of British racing fixtures. It operates hotels at
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707:
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445:
370:
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40:
It may require cleanup to comply with
Knowledge (XXG)'s content policies, particularly
2018:
1888:"Newcastle hire lawyers in dispute with Premier League over failed Saudi-led takeover"
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in 2007, and sold their share in 2019 for £233 million. Other holdings include
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2159:
1988:"The shadow behind the British Horseracing Authority's good news on prize money"
1862:
683:
245:
497:. Contentious material about living people that is unsourced or poorly sourced
2330:"Sunday Times Rich List: Bonfire of the billionaires wipes out £155bn fortune"
1910:"Newcastle take Premier League to competition tribunal over takeover collapse"
667:
413:
344:
808:. A spokesperson said that their businesses "fully comply with UK tax laws".
2585:"Forbes Billionaires: Full List Of The 500 Richest People In The World 2015"
877:
860:
805:
800:
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333:
287:
420:, a 50/50 joint venture in a new apart-hotel under the 'art'otel' brand in
1568:"Inside The Reuben Brothers' Aviation Empire! | International Aviation HQ"
804:
has reported that the brothers' businesses make extensive use of offshore
2064:
1936:
582:
329:
266:
597:, that in 2014 had eight vessels with plans to double the fleet size.
2589:
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843:
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703:
421:
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2613:
2526:"The 20 Richest Real Estate Tycoons on the Forbes Billionaires List"
624:
and a prospective buying consortium consisting of Reuben Brothers,
1932:"English Premier League approves Saudi buyout of Newcastle United"
616:
On 14 April 2020, it emerged that a deal to transfer ownership of
343:
236:, North London, with Simon never completing his formal education.
2431:"Forbes Rich List: The UK and world's wealthiest people revealed"
702:
On 19 August 2024, Reuben Brothers acquired a strategic stake in
732:
2491:"Forbes' billionaire list shows that, in global terms, Britain
463:
18:
2189:"India-born Reuben brothers in UK's new Tax Haven Elite list"
760:, is focused on the advancement of healthcare and education.
456:
construction company, exiting from that investment in 2013.
397:; Market Towers; the London Primark store on Oxford Street;
2042:"Reuben Brothers Agree to Buy Stake in Media Studio EDGLRD"
1600:"How Britain's richest brothers made billions from nothing"
436:
next to the Park Plaza London Riverbank hotel; airports at
432:
and features a mix of apartments and an apart-hotel on the
1530:. reproduced in the Reuben Brothers website. October 2013.
739:, if they don't like the planning regime or my approach."
658:
is a UK private company, created in 2012 by the merger of
2383:"The Sunday Times Rich List 2010: Rising from the rubble"
1838:"Payday for Reuben brothers after selling out of Belmond"
2462:"Forbes list: JK Rowling fortune under vanishing spell"
294:. They settled a multimillion-pound legal dispute with
227:, the sons of David Sassoon Reuben and Nancy Reuben, a
33:
A major contributor to this article appears to have a
2276:"Rich List reveals wealthy reap profits under Labour"
573:
The Reuben Brothers invested in luxury leisure group
2160:"Don't hide history, says Oxford head in statue row"
369:
UK properties owned by the Reuben Brothers include:
282:870 million), with global sales in 1995 above
179:
159:
142:
134:
126:
118:
110:
96:
80:
2328:
2274:
1986:
1863:"Newcastle United takeover deal worth £300m close"
102:David – 1944 (age 79–80)
100:Simon – 1941 (age 82–83)
2096:. United Kingdom. Press Association. 20 June 2006
706:, an entertainment company founded by filmmaker
1811:"New McCarthy & Stone boss wields the axe"
1674:
1672:
2718:People associated with Reuben College, Oxford
2115:
2113:
2111:
1413:Has not changed from the previous year's list
269:were incapacitated by debt, Reuben's company
8:
2688:Newcastle United F.C. directors and chairmen
2683:Private equity and venture capital investors
1593:
1591:
1589:
1587:
1585:
1441:Has decreased from the previous year's list
1427:Has increased from the previous year's list
211:, with a net worth of £24.9 billion.
77:
2493:rich folk are little more than also-rans"
561:Learn how and when to remove this message
64:Learn how and when to remove this message
2713:British businesspeople of Indian descent
2583:Peterson-Withorn, Chase (2 March 2015).
1750:"Parachute Accident Marks End of an Era"
1644:
1642:
1640:
1638:
1382:
824:
756:The family's philanthropic vehicle, the
620:had been agreed between incumbent owner
385:offices also in Victoria; Carlton House
2708:British people of Indian-Jewish descent
2618:U.S. Securities and Exchange Commission
1457:
714:Controversial statement by London mayor
2693:Indian emigrants to the United Kingdom
2658:British people of Iraqi-Jewish descent
2088:"Livingstone cleared of anti-semitism"
2013:
2011:
767:, an independent Jewish day school in
630:Public Investment Fund of Saudi Arabia
626:Amanda Staveley's PCP Capital Partners
2653:British businesspeople in real estate
2183:
2181:
841:
830:
7:
1985:Brooks, Charlie (25 November 2012).
1760:from the original on 2 February 2019
1748:Latynina, Yulia (14 November 2001).
1729:from the original on 19 October 2014
1696:from the original on 19 October 2014
1463:
1461:
313:brothers and Reuben brothers to the
305:In 1997, Russia's Interior Minister
2060:"Mayor in fresh Jewish controversy"
1836:Hodgson, Joanna (16 January 2019).
1791:from the original on 24 August 2022
778:million to support the creation of
353:estate, both in the UK and abroad,
298:with a settlement being awarded to
169:David – David Jnr.;
585:clothing retailers, with retailer
189:Nancy Reuben (née Jiddah) (mother)
14:
2040:Hellier, David (19 August 2024).
1469:"The Sunday Times Rich list 2024"
612:2021 takeover of Newcastle United
2698:British people of Indian descent
1779:Barker, Alex (21 October 2008).
1649:Robinson, James (27 June 2004).
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44:. Please discuss further on the
23:
2532:. 26 March 2014. Archived from
2437:. 10 March 2011. Archived from
2359:. 11 March 2009. Archived from
2297:"#178 David & Simon Reuben"
2243:"#177 David & Simon Reuben"
2215:"#185 David & Simon Reuben"
811:The brothers are donors to the
418:Park Plaza Hotels & Resorts
16:Indian-born British businessmen
2673:Jewish British philanthropists
2489:McRae, Hamish (6 March 2013).
2403:"#93 David & Simon Reuben"
2351:"#98 David & Simon Reuben"
2158:Sean Coughlan (11 June 2020).
2121:"#60 David & Simon Reuben"
1719:"Capitalism In A Cold Climate"
1684:"Capitalism in a cold climate"
1406:
1223:
1141:
954:
936:
774:The foundation has donated £80
618:Newcastle United Football Club
325:replaced Kulikov as minister.
1:
2648:British expatriates in Monaco
2460:Prince, Rosa (7 March 2012).
1496:"Nancy Reuben Primary School"
405:, the former premises of the
186:David Sassoon Reuben (father)
1598:Lunn, Emma (12 March 2014).
1359:
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735:and try their luck with the
656:ARC Racing and Leisure Group
606:Takeover of Newcastle United
479:biography of a living person
152:David – Debra
149:Simon – Joyce
2145:Nancy Reuben Primary School
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1023:
1000:
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959:
941:
918:
900:
771:in honour of their mother.
765:Nancy Reuben Primary School
499:must be removed immediately
166:Simon – Lisa
2734:
2678:Businesspeople from Mumbai
2663:Businesspeople from London
1781:"Osborne on the Oligarchs"
1651:"Pack up your roubles ..."
666:. It owns and operates 16
644:
609:
321:in Israel. In March 1998,
219:The brothers were born in
1385:
827:
680:Lingfield Park Racecourse
215:Early life and background
2668:Businesspeople in metals
1522:"Mayfair's First Family"
850:The World's Billionaires
676:Wolverhampton Racecourse
510:"David and Simon Reuben"
2564:. London. 26 April 2015
2556:"Richest Double wealth"
2327:, ed. (26 April 2009).
2273:, ed. (27 April 2008).
2021:. Arena Leisure Company
2019:"Arena Leisure Company"
763:The family founded the
407:Naval and Military Club
253:and the King's Road in
2633:David and Simon Reuben
2141:"Who is Nancy Reuben?"
793:Sunday Times Rich List
780:Reuben College, Oxford
493:Please help by adding
375:John Lewis Partnership
349:
208:Sunday Times Rich List
752:The Reuben Foundation
488:references or sources
460:Aldergate Investments
430:Foster & Partners
428:that was designed by
393:; Connaught House on
347:
105:Bombay, British India
42:neutral point of view
2643:British billionaires
672:Doncaster Racecourse
652:Arena Racing Company
647:Arena Racing Company
641:Arena Racing Company
450:McCarthy & Stone
336:, and South Africa.
135:Board member of
2614:Reuben Brothers Ltd
2441:on 10 November 2013
1994:The Daily Telegraph
389:; Academy House on
315:Izmaylovskaya mafia
1815:Construction Index
813:Conservative Party
477:This section of a
350:
340:Present activities
278:1.5 billion (
122:Property investors
2536:on 22 August 2016
2325:Beresford, Philip
2271:Beresford, Philip
1548:. 6 February 2022
1500:Reuben Foundation
1446:
1445:
1442:
1428:
1414:
1400:
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1388:
1379:
1378:
790:According to the
758:Reuben Foundation
579:Travelodge Hotels
571:
570:
563:
545:
196:
195:
130:Property holdings
74:
73:
66:
37:with its subject.
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2503:. United Kingdom
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2470:. United Kingdom
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2391:. 25 April 2010.
2388:The Sunday Times
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2336:The Sunday Times
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2282:The Sunday Times
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2015:
2006:
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2003:
2001:
1990:
1982:
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1966:. 7 October 2021
1964:Newcastle United
1956:
1950:
1949:
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1940:. 8 October 2021
1928:
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1877:
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1850:
1848:
1842:Evening Standard
1833:
1827:
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1824:
1822:
1807:
1801:
1800:
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1796:
1776:
1770:
1769:
1767:
1765:
1754:The Moscow Times
1745:
1739:
1738:
1736:
1734:
1725:. 12 June 2000.
1723:Fortune Magazine
1715:
1709:
1708:
1703:
1701:
1682:(12 June 2000).
1676:
1667:
1666:
1664:
1662:
1646:
1633:
1628:
1622:
1621:
1619:
1617:
1612:on 15 March 2014
1608:. Archived from
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1474:The Sunday Times
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867:
852:
825:
777:
566:
559:
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552:
546:
544:
503:
495:reliable sources
472:
471:
464:
416:area of London;
391:Sackville Street
383:American Express
377:headquarters in
309:linked both the
292:Roman Abramovich
285:
281:
277:
201:(born 1941) and
78:
69:
62:
58:
55:
49:
35:close connection
27:
26:
19:
2733:
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2728:
2727:
2726:
2724:
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2722:
2623:
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2554:
2553:
2549:
2539:
2537:
2524:
2523:
2519:
2506:
2504:
2500:The Independent
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2473:
2471:
2459:
2458:
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2444:
2442:
2429:
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2424:
2414:
2412:
2411:. 10 March 2010
2401:
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2363:on 9 March 2016
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2129:. October 2010.
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743:members of the
724:Mayor of London
720:Ken Livingstone
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454:retirement home
442:London Heliport
403:Cambridge House
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355:venture capital
348:Reuben Brothers
342:
307:Anatoly Kulikov
300:Reuben Brothers
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551:November 2021
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512: –
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506:Find sources:
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2561:The Guardian
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2534:the original
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2465:
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2443:. Retrieved
2439:the original
2434:
2425:
2413:. Retrieved
2406:
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2377:
2365:. Retrieved
2361:the original
2354:
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2307:. Retrieved
2300:
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2253:. Retrieved
2246:
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2218:
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2197:. Retrieved
2195:. 7 May 2019
2192:
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2163:
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2124:
2098:. Retrieved
2093:The Guardian
2091:
2082:
2070:. Retrieved
2063:
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2035:
2023:. Retrieved
1998:. Retrieved
1992:
1980:
1968:. Retrieved
1963:
1954:
1942:. Retrieved
1935:
1926:
1914:. Retrieved
1904:
1894:21 September
1892:. Retrieved
1890:. Sky Sports
1882:
1870:. Retrieved
1866:
1857:
1845:. Retrieved
1841:
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1819:. Retrieved
1814:
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1793:. Retrieved
1784:
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1722:
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1698:. Retrieved
1687:
1659:. Retrieved
1655:The Guardian
1653:
1626:
1614:. Retrieved
1610:the original
1603:
1572:. Retrieved
1562:
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1546:Moneycontrol
1545:
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1490:
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833:Sunday Times
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243:
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1661:13 November
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668:racecourses
622:Mike Ashley
589:; Luup and
575:Belmond Ltd
401:shops; and
365:Real estate
271:Trans World
111:Nationality
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1944:17 October
1912:. BT Sport
1847:16 January
1574:16 January
1552:16 January
1453:References
806:tax havens
737:ayatollahs
628:, and the
591:Metro Bank
521:newspapers
414:Paddington
119:Occupation
2046:Bloomberg
1970:7 October
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1867:BBC Sport
1795:24 August
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1257:2015<
878:Net worth
861:Net worth
838:Rich List
801:The Times
692:Newcastle
688:Southwell
482:does not
334:Indonesia
288:oligarchy
234:Islington
54:July 2016
46:talk page
2568:26 April
2435:SWNS.com
2164:BBC News
2065:BBC News
2025:22 April
2000:22 April
1937:Euronews
1916:8 August
1789:Archived
1758:Archived
1727:Archived
1694:Archived
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857:Rank
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542:JSTOR
528:books
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