LeaderPortfolio
Reuben
Simon Reuben
Rank #223
UNITED KINGDOMDiversifiedReal estate, investments

Simon Reuben

Net Worth
$13.409B
0% (24h)
Simon Reuben, a British billionaire, has built a diversified fortune through real estate, investments, and strategic ventures. Born in Bombay, India, in 1944, he moved to the UK and later partnered with his brother David to establish the Reuben Brothers. Their business acumen led them to success in metals trading, particularly in the Russian aluminum market during the 1990s. They later shifted their focus to real estate, amassing a vast portfolio of properties in London and other global markets. With an estimated net worth of $13.3 billion, Reuben is also recognized for his significant philanthropic contributions, primarily through the Reuben Foundation, which supports healthcare, education, and community initiatives.

The Full Dossier

Early Life

Simon Reuben was born in Bombay (now Mumbai), India, in 1944, to a Baghdadi Jewish family. His family moved to London in the 1950s after his parents' separation. He attended state schools in Islington but did not complete formal education. This early period shaped his entrepreneurial spirit and set the stage for his future success.

Rise to Success

Reuben's career began with ventures in the carpet business. However, he transitioned to the metals trading industry, where he and his brother David made a significant impact. They invested in the Russian metals market in the 1990s, with their company Trans-World Group becoming a major aluminum producer. The brothers later refocused their investments on real estate, acquiring prime properties across London and beyond.

Key Business Strategies

The Reuben brothers are known for their strategic investments and a long-term approach to wealth creation. Their strategies include:

  • **Early Risk-Taking:** Identifying and capitalizing on opportunities in emerging markets.
  • **Strategic Exits:** Exiting volatile markets at the right time.
  • **Long-Term Asset Ownership:** Focusing on building a portfolio of valuable, income-generating properties.
  • **Discretion and Privacy:** Maintaining a low profile while building a substantial business empire.

Philanthropy

Simon Reuben, through the Reuben Foundation, has a strong commitment to philanthropy. The foundation's initiatives focus on healthcare, education, and community development. Notable contributions include funding for Reuben College at Oxford University, support for Great Ormond Street Hospital, and other educational and cultural institutions.

Career Timeline

2016

Sale of GlobalSwitch

Sold a 49% stake in their data center business, GlobalSwitch, for nearly $3 billion.

2002

Reuben Foundation Established

Established the Reuben Foundation to channel philanthropic efforts.

2000

Shift to UK Real Estate

Sold Russian assets and focused on UK property market.

1990s

Metals Trading

Invested in the Russian metals market and became a major aluminum producer through Trans-World Group.

1970s

Property Investments

Began investing in real estate, starting with properties in London.

Philanthropic Impact

Education$101M

Reuben College, Oxford

Funding to establish Reuben College, a graduate college at Oxford University.

HealthcareSignificant donations

Great Ormond Street Hospital

Ongoing support for pediatric healthcare services.

Arts$40.3M

The Courtauld Institute

Largest single donation in the institution's history.

Wealth Trajectory