Английская Википедия:Bobby Arora

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Шаблон:Short description Шаблон:Use dmy dates Шаблон:Use British English Шаблон:Infobox person

Bobby Arora (born January 1972) is a British billionaire businessman, trading director of the retail chain B&M.[1]

Early life

Bobby was born to an Indian family in January 1972.[2][3] His businessman father had immigrated to the UK from Delhi in the 1960s.[4]

Career

In 1995, he went into business with his brother Simon Arora, and founded Orient Sourcing Services, 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.[5][6] He has been trading director of B&M since 2005.[1]

Jointly with his brothers Simon and Robin, they have made £2.1 billion since taking over the Blackpool-based grocery chain in 2004. Their earnings soared during the COVID-19 pandemic.[7][8]

COVID-19 rates relief

In March 2020, as a result of the COVID-19 pandemic in the United Kingdom, Rishi Sunak, then Chancellor of the Exchequer, gave business rates relief and furlough payments to businesses in the hospitality and retail sectors.[9][10] B&M was among several businesses classified as 'essential retailers' and as a result was allowed to remain open when other 'non-essential businesses had to close.[11][12] In November 2020, B&M and other retailers were subject to a public outcry for having not handed back payments totalling £1.8 billion intended for propping up retailers prevented from trading due to restrictions, despite making record profits.[13] The retailer declared £296m in profit and as a result issued a £250m special dividend despite having received £38m in business rates relief and £3.7m in furlough payments.[13][14] The Arora brothers received a combined total of £37m of the special dividend due to their 15% shareholding which is said to worth at least £750m.[14][11] The firm agreed to pay £80m in business rate relief it had saved, a move mirrored by major supermarkets including Tesco, Sainsbury's and Morrisons.[12]

Personal life

Simon describes his brother Bobby as a "born trader".[6] Arora lives in Hale Barns near Altrincham, next door to his brother Simon. In May 2023 a helicopter carrying Prime Minister Rishi Sunak landed in Bobby Arora's back garden.[15]

References

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Шаблон:Authority control


Шаблон:UK-business-bio-1970s-stub

Партнерские ресурсы
Криптовалюты
Магазины
Хостинг
Разное

  1. ↑ 1,0 1,1 Шаблон:Cite web
  2. ↑ Шаблон:Cite web
  3. ↑ Шаблон:Cite book
  4. ↑ Шаблон:Cite web
  5. ↑ Шаблон:Cite web
  6. ↑ 6,0 6,1 Шаблон:Cite web
  7. ↑ Шаблон:Cite web
  8. ↑ Шаблон:Cite web
  9. ↑ Шаблон:Cite web
  10. ↑ Шаблон:Cite web
  11. ↑ 11,0 11,1 Шаблон:Cite web
  12. ↑ 12,0 12,1 Шаблон:Cite web
  13. ↑ 13,0 13,1 Шаблон:Cite web
  14. ↑ 14,0 14,1 Шаблон:Cite web
  15. ↑ Шаблон:Cite news
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