Simon Arora
Simon Arora | |
---|---|
Born | November 1969 (age 48) |
Nationality | British |
Education | Cambridge University |
Occupation | Businessman |
Net worth | GBP £2.3 billion [1] |
Spouse(s) | Shalni Arora |
Children | 2 daughters |
Relatives |
Bobby Arora (brother) Robin Arora (brother) |
Simon Arora (born November 1969) is a British billionaire businessman, CEO of the retail chain B & M.
Early life
Simon Arora was born in November 1969.[2] He studied law at Cambridge University.[3]
Career
Arora worked as an analyst for McKinsey, 3i and Barclays.[3]
In 1995, he went into business with his younger brother Bobby Arora, importing homewares from Asia and supplying them to UK retail chains, before buying B & M in 2004, which was then a struggling grocery chain based in Blackpool.[3]
Jointly with his brothers Bobby and Robin, they have a net worth of £2.3 billion. [1]
Personal life
He is married to Shalni Arora, who has a Natural Sciences degree from Cambridge University, and was a co-founder of bio-tech business DxS.[4] They have two daughters.[5]
Arora owns three of the flats at 3-10 Grosvenor Crescent, a Grade II* listed terrace in London's Belgravia district, where he unsuccessfully opposed a legal dispute about concierge services in 2017.[6]
References
- 1 2 "Rise and fall of retail tycoons: Rich List sees dotcom pioneers soar as High St stalwarts slide". thisismoney.co.uk. Retrieved 22 August 2018.
- ↑ "B & M Retail Limited". Companies House. Retrieved 10 August 2015.
- 1 2 3 "Simon and Bobby Arora - B&M". Managementtoday.co.uk. Retrieved 3 June 2017.
- ↑ "Simon & Shalni Arora - Asian Power CouplesAsian Power Couples". Asianpowercouples.com. 30 June 2015. Retrieved 3 June 2017.
- ↑ James Ferguson. "Brothers on their way to creating the new Woolies". Manchester Evening News. Retrieved 3 June 2017.
- ↑ "Owner of £18m flat wins court fight over lack of concierge staff". Retrieved 23 December 2017.