Who is David Reuben?
David Reuben: A Luminary in Real Estate and Private Equity
Born in September 1938, David Reuben, along with his brother Simon, forms the formidable duo known as the Reuben Brothers. Known for their extensive endeavors in real estate development and private equity investments, the Reuben Brothers are among the wealthiest individuals in the UK.
The Reuben Brothers’ Empire
The Reuben Brothers’ investment portfolio is diverse, including real estate development, venture capital, and private equity. Their company, Reuben Brothers, boasts an impressive range of properties, including hotels, pubs, and shopping centers. They also hold significant stakes in iron and coal mines, warehouses, data centers, and even London Oxford Airport.
Global Ventures and Metals Industry
The brothers made a name for themselves in the metals industry, especially in Russia. During the ’90s, their company, Trans-World Metals, was the world’s third-largest producer of aluminum.
RB Shipping: Commanding the Waters
RB Shipping, the ship-owning arm of Reuben Brothers, operates a fleet of seven Kamsarmax dry-bulk vessels, showcasing their prowess in the shipping industry.
Kristal Waters: A Beacon in Superyacht Construction
Through Kristal Waters, the Reuben Brothers have constructed five luxurious superyachts: Triple Seven, Siren, Sapphire, Mogambo (now owned by Jan Koum), and Graffiti. Of these, Siren remains as their private yacht, believed to be formally owned by David Reuben.
Reuben Foundation: A Commitment to Philanthropy
The Reuben Brothers also channel their wealth towards philanthropic causes through the Reuben Foundation. Their focus lies primarily in healthcare and education, with initiatives like the Children’s Cancer Center in London and a substantial sponsorship for the US-based Mayo Clinic.
David Reuben’s Net Worth
David Reuben’s net worth, combined with his brother Simon, is estimated to be around $15 billion. His individual net worth stands at a substantial $7.5 billion, with assets spanning hotels, pubs, shopping malls, dry bulk vessels, the superyacht Siren, an Embraer business jet, and a vast real estate portfolio.
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