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Wittington Investments

FB Roundup: David Fattal, Sanjeev Gupta, Ted Lerner

February 21, 2023

In this week’s FB Roundup, Israeli billionaire David Fattal buys Brighton’s Grand Hotel; Sanjeev Gupta’s GFG Alliance aims to rescue collapsed UK steel companies; and tributes are paid to baseball team owner Ted Lerner.

Israeli billionaire David Fattal buys Brighton’s Grand Hotel
Leonardo Hotels UK and Ireland, part of Israel's Fattal Group, has bought one of the UK’s most famous seaside hotels as part of an expansion into the luxury market.

Owned by the billionaire David Fattal, Leonardo Hotels UK and Ireland said it planned to “Invest significantly” in the 159-year-old Grand Hotel in Brighton in a bid to return the 201-room Victorian building to its “Iconic status”.

FB Roundup: Porsche, Inditex, Selfridges

July 30, 2021

Porsche family joins billionaire space race with rocket investment, Amancio Ortega’s Inditex fortunes fall and rise with Covid-19 restrictions, Weston family puts Selfridges on the auction block for $5.5 billion.

Porsche family joins billionaire space race with rocket investment

The Porsche family is backing the European rocket launch startup Isar Aerospace Technologies with an eye on the spin-off innovations from easier access to space.

FB Roundup: Associated British Foods, Red Bull, JCB

December 6, 2020

Second UK lockdown cost Weston family’s Primark $579 million in sales, Red Bull energises Yoovidhya family of inventor with $257 million payout, Lord Bamford gives JCB staff an extra holiday to mark 75th anniversary.

Second lockdown costs Weston family’s Primark $579 million in sales

The Weston family-controlled food and retail giant Associated British Foods estimates it lost £430 million ($579 million) in sales while its high street fashion retailer Primark was closed during the latest coronavirus lockdown.

Family portrait: the Weston family

May 9, 2017

High street shoppers worldwide may not have heard of the transatlantic Weston family but they certainly will have heard of the brands owned or controlled by the Irish/Canadian clan. CampdenFB takes a look at the people behind the names

Majority of Wittington Investments’ dividend ‘to go to good causes’

August 15, 2011

The Weston family-controlled company Wittington Investments has paid out a £73 million (€82.7 million) dividend, with the majority expected to go to good causes.

A spokesman for Wittington, which is 79% owned by the family's Garfield Weston Foundation and 21% owned by members of the Weston family, confirmed that the company saw its revenues rise by 9.9 per cent to £10.3 billion in the year to September 2010.