Jack Dellal
Encyclopedia
Jack Dellal is a London
-based property investor reportedly worth GBP £480 million in 2009. It was £580 million in 2008. These recent figures were significantly lower than a 2005 estimate by The Evening Standard, which ranked Dellal as a billionaire
. His company, the property group Allied Commercial Holdings, financed the purchase of Shell-Mex House in 2002 and sold it in 2007.
Dellal was a banker in the 1970s. He owned the Dalton Barton bank, which he sold for £58 million. He set up Allied Commercial in 1974 with Stanley Van Gelder, with whom he worked for over forty years. One of their deals was the flip of central London's Bush House, which added £75 million to his fortune in a period of six months. He was said to have invested up to £100m in London's Dolphin Square
.
Dellal was born in Manchester
to Baghdadi Jews
Sulman Dellal and Charlotte Shashoua, expatriates, and educated at that city's Heaton Moor
College. He and second wife Ruanne have two children. From a previous marriage, he has seven children (six daughters, one son) including the film directors Jasmine
and Gaby Dellal
, and the businessman Guy Dellal.
His nickname, "Black Jack," derives from his notorious love of gambling. Dellal's son, Guy Dellal, who was a director of Allied Commercial Holdings, is an investment partner of Robert and Vincent Tchenguiz.
In memory of his daughter "Suzie," he founded the Suzanne Dellal Center for Dance and Theater in Tel Aviv
in 1989.
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
-based property investor reportedly worth GBP £480 million in 2009. It was £580 million in 2008. These recent figures were significantly lower than a 2005 estimate by The Evening Standard, which ranked Dellal as a billionaire
Billionaire
A billionaire, in countries that use the short scale number naming system, is a person who has a net worth of at least one billion units of a given currency, usually the United States dollar, Euro, or Pound sterling. Forbes magazine updates a complete list of U.S. dollar billionaires around the...
. His company, the property group Allied Commercial Holdings, financed the purchase of Shell-Mex House in 2002 and sold it in 2007.
Dellal was a banker in the 1970s. He owned the Dalton Barton bank, which he sold for £58 million. He set up Allied Commercial in 1974 with Stanley Van Gelder, with whom he worked for over forty years. One of their deals was the flip of central London's Bush House, which added £75 million to his fortune in a period of six months. He was said to have invested up to £100m in London's Dolphin Square
Dolphin Square
Dolphin Square is a block of private apartments and business complex built near the River Thames at Pimlico in London, between 1935 and 1937.At one time, the huge development was home to more than 70 MPs, and at least 10 lords...
.
Dellal was born in Manchester
Manchester
Manchester is a city and metropolitan borough in Greater Manchester, England. According to the Office for National Statistics, the 2010 mid-year population estimate for Manchester was 498,800. Manchester lies within one of the UK's largest metropolitan areas, the metropolitan county of Greater...
to Baghdadi Jews
Baghdadi Jews
Baghdadi Jews, also known as Iraqi Jews, are Jewish emigrants from Baghdad and elsewhere in Iraq, who fled religious persecution and formed immigrant communities in their new homelands...
Sulman Dellal and Charlotte Shashoua, expatriates, and educated at that city's Heaton Moor
Heaton Moor
Heaton Moor is a suburb located in Stockport, Greater Manchester, in North West England. It is one of the Four Heatons and borders onto Heaton Chapel, Heaton Norris and Heaton Mersey...
College. He and second wife Ruanne have two children. From a previous marriage, he has seven children (six daughters, one son) including the film directors Jasmine
Jasmine Dellal
Jasmine Dellal is a British-born Film director and producer. She was born and raised in Great Britain, studied in the United States and has often visited India, where her grandmother lives. She speaks Spanish, French, and English. She received her Bachelors Degree in French and Spanish language &...
and Gaby Dellal
Gaby Dellal
-External links:...
, and the businessman Guy Dellal.
His nickname, "Black Jack," derives from his notorious love of gambling. Dellal's son, Guy Dellal, who was a director of Allied Commercial Holdings, is an investment partner of Robert and Vincent Tchenguiz.
In memory of his daughter "Suzie," he founded the Suzanne Dellal Center for Dance and Theater in Tel Aviv
Tel Aviv
Tel Aviv , officially Tel Aviv-Yafo , is the second most populous city in Israel, with a population of 404,400 on a land area of . The city is located on the Israeli Mediterranean coastline in west-central Israel. It is the largest and most populous city in the metropolitan area of Gush Dan, with...
in 1989.