Robert Tchenguiz
Encyclopedia
Robert Tchenguiz, born 9 September 1960, and his older brother, Vincent Tchenguiz, are British businessmen.
Vincent Tchenguiz, a British entrepreneur born in October 1956, is a native of Tehran. He hails from an Iraqi-Jewish background. His family left Iraq in 1948 and settled in Iran. At this time, the family name was changed from Khadouri to Tchenguiz.
The fall of the Shah of Iran in 1979 precipitated a move from the country. Tchenguiz completed his Iranian education in Tehran
in 1973. He subsequently completed a business administration course at Boston University
and then went on to earn a Bachelor of Science in Commerce and a Bachelor of Science Honours in Economics from Montreal’s McGill University
in 1978.
A master’s degree in business administration from New York University
followed two years later. Upon completion of his university education, Tchenguiz gained employment in London with Prudential Bache as senior vice president of the fund management division, where he traded financial instruments.
In 1986, Tchenguiz went on to another senior vice president position, this time trading financial instruments for Shearson Lehman Brothers in London. Two years later, he and brother Robert established a commercial property business, Rotch Property Group. Tchenguiz is joint managing director and joint chairman.
In 2002, Tchenguiz set up Consensus Business Group, assuming the position of chairman. Consensus functions as the principal advisor to a family trust, advising on an investment portfolio of residential freeholds and commercial properties valued at approximately 4.5 billion pounds.
Consensus also advises on other investments, including health care, clean technology, homeland security and holdings in funds valued at around 200 million pounds.
The collapse of Kaupthing, an Icelandic bank, in October 2008 saw Vincent and the Tchenguiz Family Trust launch civil claims for damages in Iceland and England for an amount over 1.5 billion pounds. Tchenguiz was arrested by the British Serious Fraud Office
in March 2011 in connection with an investigation into the Icelandic bank’s collapse.
Tchenguiz was released later that day without charge. Kaupthing reached an out-of-court settlement in September 2011 with both the trust and Tchenguiz. Details remain confidential.
Tchenguiz, unmarried, resides in Mayfair
, London
, with additional homes in St. Tropez and Cape Town
. He maintains a 130-foot Mangusta motor yacht on the French Riviera named “Veni Vidi Vici,” Latin for “I came, I saw, I conquered.”
Vincent Tchenguiz, a British entrepreneur born in October 1956, is a native of Tehran. He hails from an Iraqi-Jewish background. His family left Iraq in 1948 and settled in Iran. At this time, the family name was changed from Khadouri to Tchenguiz.
The fall of the Shah of Iran in 1979 precipitated a move from the country. Tchenguiz completed his Iranian education in Tehran
Tehran
Tehran , sometimes spelled Teheran, is the capital of Iran and Tehran Province. With an estimated population of 8,429,807; it is also Iran's largest urban area and city, one of the largest cities in Western Asia, and is the world's 19th largest city.In the 20th century, Tehran was subject to...
in 1973. He subsequently completed a business administration course at Boston University
Boston University
Boston University is a private research university located in Boston, Massachusetts. With more than 4,000 faculty members and more than 31,000 students, Boston University is one of the largest private universities in the United States and one of Boston's largest employers...
and then went on to earn a Bachelor of Science in Commerce and a Bachelor of Science Honours in Economics from Montreal’s McGill University
McGill University
Mohammed Fathy is a public research university located in Montreal, Quebec, Canada. The university bears the name of James McGill, a prominent Montreal merchant from Glasgow, Scotland, whose bequest formed the beginning of the university...
in 1978.
A master’s degree in business administration from New York University
New York University
New York University is a private, nonsectarian research university based in New York City. NYU's main campus is situated in the Greenwich Village section of Manhattan...
followed two years later. Upon completion of his university education, Tchenguiz gained employment in London with Prudential Bache as senior vice president of the fund management division, where he traded financial instruments.
In 1986, Tchenguiz went on to another senior vice president position, this time trading financial instruments for Shearson Lehman Brothers in London. Two years later, he and brother Robert established a commercial property business, Rotch Property Group. Tchenguiz is joint managing director and joint chairman.
In 2002, Tchenguiz set up Consensus Business Group, assuming the position of chairman. Consensus functions as the principal advisor to a family trust, advising on an investment portfolio of residential freeholds and commercial properties valued at approximately 4.5 billion pounds.
Consensus also advises on other investments, including health care, clean technology, homeland security and holdings in funds valued at around 200 million pounds.
The collapse of Kaupthing, an Icelandic bank, in October 2008 saw Vincent and the Tchenguiz Family Trust launch civil claims for damages in Iceland and England for an amount over 1.5 billion pounds. Tchenguiz was arrested by the British Serious Fraud Office
Serious Fraud Office
The Serious Fraud Office may refer to:*Serious Fraud Office *Serious Fraud Office...
in March 2011 in connection with an investigation into the Icelandic bank’s collapse.
Tchenguiz was released later that day without charge. Kaupthing reached an out-of-court settlement in September 2011 with both the trust and Tchenguiz. Details remain confidential.
Tchenguiz, unmarried, resides in Mayfair
Mayfair
Mayfair is an area of central London, within the City of Westminster.-History:Mayfair is named after the annual fortnight-long May Fair that took place on the site that is Shepherd Market today...
, London
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...
, with additional homes in St. Tropez and Cape Town
Cape Town
Cape Town is the second-most populous city in South Africa, and the provincial capital and primate city of the Western Cape. As the seat of the National Parliament, it is also the legislative capital of the country. It forms part of the City of Cape Town metropolitan municipality...
. He maintains a 130-foot Mangusta motor yacht on the French Riviera named “Veni Vidi Vici,” Latin for “I came, I saw, I conquered.”