Mohsin Issa
Mohsin Issa (Hindi: , Gujarati: Urdu: ; born July 1971) is a British billionaire, businessman and founder of Euro Garages, a chain of petrol filling stations that operate in Europe. As part of a consortium with his brother Zuber and TDR Capital, he became the majority shareholder in Asda, when a deal announced in October 2020 to acquire the supermarket chain from Walmart was approved by regulators in the first half of 2021. Early life. Mohsin Issa was born in July 1971 in Blackburn, Lancashire in North West England into an Indian Gujarati Muslim family to parents Vali and Zubeda  who came to the United Kingdom from Bharuch, Gujarat, India in the 1960s to work in the textile industry and then ran a petrol pump. He was educated at Witton Park High School. His childhood was a modest one growing up in a terraced house in Blackburn. Career. Before founding Euro Garages, Issa and his brother, Zuber, took out a lease on a garage, and saved up the money to buy their first petrol station. Issa co-founded Euro Garages with his brother, Zuber, in 2001, with the acquisition of a single petrol station in Bury, Greater Manchester. Issa runs  the business day to day while his brother, Zuber, is responsible for strategy and acquisitions. The company grew through a series of acquisitions. In February 2018, it was announced that Euro Garages would acquire 762 convenience stores in the United States from Kroger. In October 2020, Walmart announced an agreement to sell a majority stake in Asda to a consortium of Issa, his brother and private equity firm TDR Capital. Through their Monte Group company the Issa brothers are investors in the sports brand Castore. In April 2021 it was announced that the Issa brothers purchased British fast food chain  Leon via EG Group, comprising more than 70 restaurants across the UK, in an acquisition reportedly worth up to £100 million. Along with his brother, Issa was appointed Commander of the Order of the British Empire (CBE) in the 2020 Birthday Honours for services to business and charity. Controversy. Zuber Issa and his brother Mohsin Issa have come under criticism for their tax affairs along with having "appalling" safety standards at a company they co-owned. Personal life. Mohsin Issa is a British-Indian, a British-Gujarati and a British-Muslim. Issa is married to Shamin, and they have  a son and a daughter, both of whom work for Euro Garages. He still lives in Blackburn and alongside his brother are building five mansions for themselves and their relatives just ten minutes' drive from where they grew up. He along with his brother invested in a £25m mansion in Knightsbridge, in Central London.