Asda billionaire Mohsin Issa insists there is no rift between him and his younger brother Zuber
Relationship: Victoria Price and Mohsin Issa said they are building a life together
Mohsin Issa has insisted that there is no rift between him and his younger brother Zuber.
Billionaire brothers and private equity firm TDR Capital took control of Asda in 2021 with debt of £6.8 billion.
But their relationship was apparently under strain. Putting to rest the speculation yesterday, he told the BBC: ‘There is absolutely no rift between me and Zuber – we get on exceptionally well.
“We probably talk two to three times a day.”
While Mohsin, 52, runs the supermarket, Zuber, 51, oversees fuel giant EG Group, which is also part of the family empire.
The comments come just weeks after speculation that the brothers had fallen out over Mohsin’s relationship with Victoria Price, an accountant he met in 2018 when she presented him with the Entrepreneur of the Year award.
Mohsin has confirmed he is in a relationship with 41-year-old Price, after leaving his wife of almost 30 years, Shamim. The entrepreneur also said he performed a “reset” at the grocer before appointing a general manager to run the company.