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What is David Reuben’s Net Worth?
David Reuben, along with his brother Simon, has an estimated net worth of $7.5 billion. David Reuben’s fortune stems from various sources, with real estate and investments being the primary drivers. The brothers have built an extensive property portfolio, including prime real estate in London and other major cities worldwide. Their holdings encompass commercial properties, luxury hotels, and residential developments. In addition, they have made strategic investments in technology companies, data centers, and other lucrative sectors.
Here’s the breakdown of David Reuben’s net worth:
Name: | David Reuben |
Net Worth: | $7.5 Billion |
Date of Birth: | September 14, 1938 |
Profession: | Businessperson |
If you’re curious about how we estimate a celebrity’s net worth, you can check out our methodology here.
Early Life
David Reuben was born on September 14, 1938, in Mumbai (formerly Bombay), India, into a Jewish family of Iraqi descent. He and his younger brother Simon grew up in India until their parents separated in the 1950s.
Following this, David, Simon, and their mother moved to London, England. The family settled in Islington, North London, where they faced financial difficulties and reportedly had to rely on assistance from Jewish charities to survive.
Despite these challenges, David and Simon attended state schools in London, with David showing an early aptitude for business and entrepreneurship.
Career
David Reuben’s career began in the scrap metal business, where he quickly demonstrated his business acumen. In 1974, he ventured into metal trading in the Soviet Union, partnering with Merrill Lynch. This experience laid the foundation for his future success in the metals industry.
In 1977, David joined forces with his brother Simon to create Trans-World Group, a metals trading enterprise. The brothers’ timing was impeccable, as they were among the first Western investors to recognize the opportunities emerging in post-Soviet Russia. They acquired controlling interests in aluminum plants in Russia and Ukraine, and by 1997, their company had become the world’s third-largest aluminum producer, with annual sales reaching $6 billion.
After divesting their Russian assets in 2000, the Reuben brothers redirected their focus to real estate, technology startups, and leisure ventures. Their diverse investment portfolio now includes prime real estate properties across Europe, data centers, hotels, pubs, and even a stake in Newcastle United Football Club.
Personal Life
David Reuben is married to Debra Reuben, and the couple has been together for many years. They have two sons: James Reuben and David Jr. Reuben.
The Reubens reside in a large house in Kensington, London, which dates back to 1882 and was extensively remodeled around 1990. David is also known to spend time in Monaco, where he has established residency.
In terms of lifestyle, David Reuben enjoys some of the luxuries that come with his billionaire status. He owns a yacht named Siren and has access to a private jet, an Embraer 135BJ with the registration G-RBNS.
Despite his wealth, David Reuben is known for his philanthropic efforts. Along with his brother Simon, he established the Reuben Foundation, which focuses on healthcare and education initiatives. The foundation has made significant contributions, including an £80 million donation to support the creation of Reuben College at Oxford University.
Ashley Roberts is the founder of Real-Time Billionaires List. She founded this platform because she likes to know how much celebrities are actually making. She is always curious why these people can make much more money than the ordinary person.
With a Bachelor’s degree in finance, she is skilled at financial analysis and understands numbers related to wealth. Most of the articles on this site are edited by herself before publishing.
