Simon Halabi

Who is Simon Halabi?

Simon Halabi is a *Syrian-born businessman formerly based in the United Kingdom. He is married to Lithuanian-born Urte, with two sons, Samuel and Jacob; Samuel died in August 2003 in a pool accident in France.

His wealth derived initially from his father, who was a successful businessman in Syria and backed his son in his early ventures. Embarking on a series of speculative property ventures, Simon amassed a sizeable fortune himself. In the Sunday Times Rich List 2007, he was ranked 14th richest person in Britain, while the Forbes list of global billionaires listed him at #194 in 2007, with an estimated net worth of US$4.3billion. In 2009, Forbes ranked him #224 with a reduced net worth of US$2.8 billion.

Although he remained an intensely private man, he was fond of conspicuous consumption, owning a large fleet of luxury cars including Bentleys and Rolls Royce Phantoms, as well as a 130-ft yacht.