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Tycoon gives fortune His promise to God
Tycoon gives fortune His promise to God
This news is a little old due to me having problems and unable to post up but worth sharing. Blessings Elaine.
Tycoon gives fortune His promise to God
Multi-millionaire Kwik Save founder gives away his £400m fortune to fulfil his promise to God
As a penniless young man, Albert Gubay made a promise - if God helped him become a millionaire, He could have half the money.
Decades later, he has gone even better, donating almost his entire wealth to charity.
Thanks to the success of Kwik Save supermarkets and the Total Fitness gym chain, Mr Gubay - a Roman Catholic - is worth almost £500million.
Born in North Wales to a Jewish Iraqi refugee father and an Irish Catholic mother, the young Mr Gubay cut his entrepreneurial teeth selling sweets.
He launched the first Kwik Save discount store in Prestatyn in 1965 and sold the chain eight years later for £14million.
The proceeds were invested in property, and he became a familiar presence on his developments - even helping out as a labourer, earning him the nickname of 'Britain's richest navvy'.
Read more: http://www.dailymail.co.uk/news/article-1259576/Kwik-Save-tycoon-gives-away-fortune-fulfil-promise-God.html?ITO=1490#ixzz0j0pe8DuQ
Tycoon gives fortune His promise to God
Multi-millionaire Kwik Save founder gives away his £400m fortune to fulfil his promise to God
As a penniless young man, Albert Gubay made a promise - if God helped him become a millionaire, He could have half the money.
Decades later, he has gone even better, donating almost his entire wealth to charity.
Thanks to the success of Kwik Save supermarkets and the Total Fitness gym chain, Mr Gubay - a Roman Catholic - is worth almost £500million.
Born in North Wales to a Jewish Iraqi refugee father and an Irish Catholic mother, the young Mr Gubay cut his entrepreneurial teeth selling sweets.
He launched the first Kwik Save discount store in Prestatyn in 1965 and sold the chain eight years later for £14million.
The proceeds were invested in property, and he became a familiar presence on his developments - even helping out as a labourer, earning him the nickname of 'Britain's richest navvy'.
Read more: http://www.dailymail.co.uk/news/article-1259576/Kwik-Save-tycoon-gives-away-fortune-fulfil-promise-God.html?ITO=1490#ixzz0j0pe8DuQ
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