David and Simon Reuben top Sunday Times rich list

Wednesday 07th September 2016 07:46 EDT
 
 

Brothers David and Simon Reuben ranked 1 on The Sunday Times Rich List with an estimated fortune of over £13.1 billion. Born in Mumbai, the brothers came from a rather basic background and moved to Britain in the 1950s.

While elder David found job at a scrap metals business at the age of 17, and worked nights, Simon bought a carpets firm out of receivership, selling it later to use the gained proceeds to begin a property empire. Together, the brothers set up Trans-World Metals and traded aluminium and tin from London and copper from New York.

Moving to Russia in the 1990s, they made a £1.3 billion in a decade and soon bought a bunch of London property. It included Carlton House and Millbank Tower in Westminster, John Lewis Partnership's headquarters in Victoria, Connaught House in Mayfair and several shops in Sloane Street. The brothers expanded their reach in the coming years and owned courses such as Royal Windsor and Uttoxeter.


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