February 2012
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Robert Tchenguiz

About 25 years Robert Tchenguiz bought one-bedroom apartment near marble arch in London for 47 thousand pounds. After less than six months home now worth 73.000 and marketing marked its path of immigrant status to one of the most wealthy men of the island. In Robert TchenguizLondon financial center Tchenguiz City name in the last decade is associated with spectacular acquisitions (both successful and controversial) of a series of people known trademarks and famous buildings: Odeon cinemas, Sumerfield chain supermarkets, department stores Selfridges empire with restaurants and All Bar One. ‘ “Robbie” as he is called, lives in a five-storey apartment near the Royal Albert Hall, which cost 30 million pounds, for his fortieth birthday party in style made Louis XIV. What a coincidence that the family business coincided with the name of another Asian figure, famous with its tendency to acquisitions and steel their resolve. Although not born in Iraq, Robbie comes from a family of Jewish merchants, who because of persecution in Iraq moved to Iran in 1948. He spent his childhood in Tehran. Then his father and taken surname Tchenguiz. It is difficult to assess what has Robert Tchenguiz, but his main investment company controlled assets of R20 Polish stations to Scottish whiskey distillery for a total value of around 10 billion pounds. Together with his brother Vincent, Robert has a private property worth over 900 million pounds. At least as things stood until recently – the crisis in global credit and stock markets made by one of the most successful London millionaires one of the biggest businessmen in today’s difficult days. After years of applause (and envy in equal degree) for his positions on the real estate market in recent weeks overtook Tchenguiz was a series of bitter. Estimated Qatari investment fund to offer 10 billion pounds for supermarket chain Sainsbury. Given this robust credit Tchenguiz tow to form a 10 percent stake in the company, buying shares at a price 525 pence. But the deal with the Arabs do not materialize, then Sainsbury’s shares lost a third of its value and the investor’s cost around 325 million pounds. Cost of financing the debt borrowed for the purchase of shares in Sainsbury, worth about 1 million pounds per week. Such was the history of the software company SCi Entertainment, which developed the highly successful computer game Tomb Raider. In anticipation of the takeover, Robert Tchenguiz buy 15% stake in it, but again no offer and the shares of SCi is decreased over 80 percent from last November until now. Together with problems in the chain restaurants Mitchells & Butlers (M & B), where at the beginning of February reported impaired securities worth 274 million pounds for the game to exchange rate losses of the business empire of Tchenguiz amounted to 560 million pounds and can be worse.