, , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Reuben brothers were born in India, into a Baghdadi Jewish family, and moved to the UK. The Reuben brothers became involved in the Russian metals market in the 1990s.

Kislin, a commodities broker, reportedly “helped the Reubens get a foothold in the natural resources industry” [1, 2] Cherney and Kislin had set up a company called TransCommodities, and by “1992, profits grew to over $300m and Cherney was approached by David and Simon Reuben, two British brothers who wanted to buy aluminium. Through a company called Transworld, Cherney and the Reubens began importing raw materials and exporting aluminium…” [2] Cherney and Kislin have both been accused of mob connections. [1,3] Kislin reportedly had KGB connections. [1] They also have connections familiar to students of Russiagate.

Sam Kislin, was recently subpoenaed by the US House Oversight (the late Elijah Cummings), Intel (Schiff), and Foreign Affairs (Engel) Commmittees, in relation to Giuliani and Ukraine: https://oversight.house.gov/sites/democrats.oversight.house.gov/files/documents/20190930%20-%20Kislin%20Letter%20and%20Doc%20Request%20Schedule.pdf https://miningawareness.wordpress.com/2019/09/30/giuliani-subpoenaed-for-ukraine-documents-as-next-step-in-impeachment-inquiry/

Note that the historic surname of the Reuben brothers seems to be Dabora, with their grandfather named Reuben David Dabora. Younger branches appear to have dropped the Dabora and some carry the surname Reuben, some David, some Moses. Recall that Henry Kissinger is actually a Loeb. We don’t know if they are related to the Sassoon family, or not, but they must be at some point. The Sassoons were also Baghdadi Jews in India.

From Wikipedia:
David Reuben (born 1941) and Simon Reuben (born 1944) are British businessmen and philanthropists.[1] In May 2019, they were named as the second richest family in the UK by the Sunday Times Rich List with a net worth of £18.664 billion.[2]

Early life and background
The brothers were born in Mumbai, India, the sons of David Sassoon Reuben and Nancy Reuben,[3] a prosperous Baghdadi Jewish family.[1] The family had lived in British India since the mid-1800s with other fellow Jews such as Baron Kadoorie (the father of Sir Michael Kadoorie), the Sassoon family and many other Jewish families. The brothers arrived in London in the 1950s with their mother, Nancy, and lived in Islington;[1] having run various businesses across the Indian Subcontinent from their bases in Bombay and Baghdad.[4] The brothers attended government schools, with Simon never completing his formal education.[5]

David joined a scrap metals 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 Walton Street and the King’s Road in Chelsea.[5] The brothers increased their wealth during the 1970s and 1980s in both metals trading and property. Nearly half their fortune is in liquid assets such as cash and bonds. They avoid publicity, but provide some details about their interests on their personal website.[6]

Metals business
In the early 1990s, the brothers invested in the Russian metals market, financing significantly the production and distribution of metals. The Reubens became the world’s third-biggest producer of aluminum.[7] At its peak, their company, Trans-World Metals, and its associates controlled five-to-seven percent of the world’s aluminum output.[5] When Russian aluminum smelters were incapacitated by debt, Trans-World 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 US$1.5 billion (GB£870 million), with global sales in 1995 topping US$8 billion.[7] Due to their former status as Russia’s biggest foreign investors, they are subjected to significant press scrutiny.[7] During their ten years in the country the Reuben Brothers did business with some unconventional characters. They also came across several members of the country’s new oligarchy, including Roman Abramovich.[7] Subsequently, they settled a multimillion-pound legal dispute with Oleg Deripaska which resulted in a substantial settlement being awarded to Reuben Brothers.

In 2008, the Reuben brothers returned to the commodity business, expanding their mining interests with a portfolio of mines in Morocco, Indonesia and South Africa.[5]

Present activities

Reuben Brothers

By 2000, the Russian business environment resulted in the brothers selling all their Russian assets[7] as they focused their business activities mainly in the UK property market, where they have a substantial portfolio of debt-free assets. With others, they have been involved in financing a number of major acquisitions and also have investments in technology companies. As of 2016 their business activities mainly involved real estate, both in the UK and abroad, venture capital, and private equity.

Real estate
UK properties owned by Reuben Brothers include: Millbank Tower; the John Lewis Partnership headquarters in Victoria; the American Express offices also in Victoria; Carlton House SW1; Academy House on Sackville Street; Connaught House on Berkeley Square; Market Towers; the London Primark store on Oxford Street; Sloane Street shops; and Cambridge House, the former premises of the Naval and Military Club,[5] which comprises six freehold buildings which have a planning consent for a six-star hotel and private members’ club. Unconfirmed rumours state that the mansion complex will be re-converted into a private residence, as it was when Prime Minister 3rd Viscount Palmerston lived there.

Other investments and developments include Merchant Square, a 1,800,000 sq ft (170,000 m2) development scheme of offices and flats, in the Paddington area of London; Park Plaza Hotels & Resorts, a 50/50 joint venture in a new apart-hotel under the ‘art’otel’ brand in Hoxton, City of London; Hampton House, demolition and redevelopment of the 1960s office block opposite Tate Britain that was designed by Foster & Partners and features a mix of apartments and an apart-hotel on the River Thames next to the Park Plaza London Riverbank hotel; airports at London Oxford and London Heliport.[5] In 2006 the Reuben Brother formed a partnership that injected private equity into the FTSE-listed McCarthy & Stone, a retirement home construction company,[8] and divested the investment in 2013.[9]

Aldergate Investments
Via both companies, the Reuben Brothers continue to be one of the largest investors in luxury leisure group Belmond Ltd. Other holdings include Travelodge Hotels; D2 Jeans and Blue Inc clothing retailers, with retailer Sir Stuart Rose; Luup and Metro Bank; The Wellington Pub Company, the largest free-of-tie pub estate in the UK with approximately 850 tenanted pubs; Global Switch, the largest wholesale carrier neutral data centre provider in Europe and the Asia-Pacific region; Arena Leisure and Northern Racing merged forming ARC (Arena Racing Company) which represents 40% of UK fixtures and a 45% stake in At The Races (ATR), the broadcaster taking UK and Irish racing to domestic & international audience; and a joint venture with British Marine, that in 2014 had eight vessels with plans to double the fleet size.[5]

The Reuben brothers guard their privacy. Simon, three years younger than his brother David, has given only one interview to a British publication in his entire career and that was more a case of finding himself in a room with a journalist and having to make polite conversation. In 2005, they won the Variety Club ‘entrepreneurs of the year’ award. Both are married with children, and both follow Chelsea FC.[citation needed]

In 2006 Ken Livingstone, the Mayor of London at the time, used a press conference to accuse Simon and David Reuben of jeopardising the GB£4 bn Olympic City development, in which the Reuben brothers held a 50% stake. Livingston controversially told the media conference, referring to the Reuben brothers, that “If they’re not happy here, they can go back to Iran and try their luck with the ayatollahs, if they don’t like the planning regime or my approach.”[10] After a public complaint and a subsequent official investigation into Livingston’s comments that were alleged to be anti-semitic, the investigating officer dismissed the complaint and concluded that Livingstone had reason to be strongly critical of his understanding of the Reuben brothers’ conduct, and that his criticism, whilst robust, was reasonable in the circumstances.[4]

The family’s philanthropic vehicle, the Reuben Foundation, is focused on the advancement of healthcare and education.[11] The family founded the Nancy Reuben Primary School, an independent Jewish day school in Finchley in honour of their mother.[12]

Personal wealth
According to the Sunday Times Rich List 2019, David and Simon Reuben and their family had an estimated personal net worth of £18.664 billion, and increase of £3.568 billion on the previous year.[2] This makes them Britain’s second wealthiest family.[2]

The Reuben’s net worth has progressively increased over the last decade.[13][14]

Wealth rankings” [See Wealth Rankings at Wikipedia article link.]
The Wikipedia article was last edited on 19 September 2019, at 09:08 (UTC).
It is available under the Creative Commons Attribution-ShareAlike License
Emphasis our own. References at the link, and at our blog post bottom.
https://en.wikipedia.org/wiki/David_and_Simon_Reuben https://creativecommons.org/licenses/by-sa/3.0/

Simon Reuben resides in Monaco and David Reuben divides his time between Monaco and Florida: https://archive.li/PEZrl

Notes for the top of this blog post:
[1] “Sapir emigrated to New York from the Soviet Union in the mid-1970s, where he took a job driving a taxi. He wouldn’t drive a cab for long. In 1977, Sapir opened an electronics business on Broadway. The shop is said to have thrived because of the Russian mob connections and KGB endorsements facilitated by his business partner, Sam Kislin – the commodities broker who helped the Reubens get a foothold in the natural resources industry. Sapir later moved into real estate, and by the time of his death in 2014, he was worth 1.4 billion USD, much of this in New York property.” Excerpted from: “The Football Leaks Family 2: Hidden partnerships, the family mafia and a future U.S. President“, By Craig Shaw, Zeynep Şentek, 20 December 2016 See: https://theblacksea.eu/stories/football-leaks/the-football-leaks-family-2-hidden-partnerships-the-family-mafia-and-a-future-u-s-president/
[2]”First oligarch claims his due: Michael Cherney rose from running a Tashkent street lottery with ping-pong balls to revolutionising the Soviet industrial machine. A former partner of Abramovich and Berezovsky, he’s now suing the country’s richest man for $6bn, writes Simon Bell, by Simon Bell Sun 3 Jun 2007 00.09 BSThttps://www.theguardian.com/business/2007/jun/03/russia
Cherney, together with his brother Lev Cherney and UK metals traders David and Simon Reuben, founded Trans-World Group(TWG) – the first and largest private company in Russia, which produced aluminium and sold it on Western marketshttps://en.wikipedia.org/wiki/Michael_Cherney
[3] According to the Center for Public Integrity, as found at TheBlackSea.eu, a 1996 Interpol report connects Sam Kislin’s TransCommodities to the reputed mobster Chernoy brothers (Lev and Mikhail). A 1994 NY FBI intel report connects him to Russian mobster Ivankov. While Kislin confirmed that he had employed Mikhail Chernoy, he said that he didn’t know Ivankov. See: https://theblacksea.eu/_old/mirror/theblacksea.eu/RES/uploads/files/Kislin-The-Center-for-Public-Integrity.pdf

US House Oversight, led by the late Elijah Cummings, subpoenaed Sam Kislin, in relation to Giuliani and Ukraine: https://oversight.house.gov/sites/democrats.oversight.house.gov/files/documents/20190930%20-%20Kislin%20Letter%20and%20Doc%20Request%20Schedule.pdf


Reuben Brothers Wikipedia Article References

CC-BY-SA-3.0: https://en.wikipedia.org/wiki/David_and_Simon_Reuben