User:Monte.issa/Moussa Salem

Moussa Salem (born January 19, 1970) is a British businessman and philanthropist managing the family trading business, mainly operating in West Africa. The primary family business includes exclusive rights to sell British American Tobacco (BAT) tobacco products in Nigeria.

Moussa's grandfather, ran a money-changing business in Beirut, which Moussa's father and uncles joined in the 60s and 70s before they turned to financing Nigerian textile traders. After the breakout out the Lebanese Civil War in 1975, the family fled to London.

Their breakthrough came when a family business won the lucrative contract to be the sole distributor of the cigarettes of British American Tobacco (BAT), the multi-national behind the Rothmans, Pall Mall and Benson & Hedges brands, in Nigeria.[1] Their tobacco sales account for an estimated 75% per cent of cigarettes sold in Nigeria.[2] Nigeria, Benin, Togo and Ghana,[3]

Moussey and his uncle, Freddy Salem are the owners, via a company registered in the United Kingdom, of 14-25 Mount Street in London, a row of buildings that includes Scott's restaurant where James Bond author, Ian Fleming, used to dine, and shops such as Marc Jacobs and Ralph Lauren with flats above. As of March 2015, the buildings are for sale with a starting price of £110 million.

For over a decade Moussa has been in conflict with his Uncles over the distribution of ownership and profits of the family business.[1]


Moussa's father Raymond, died of a stroke in 2002.


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References

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  1. ^ a b Armitage, Jim (2015-08-18). "The secretive London family at war over its millions". The Standard. Retrieved 2024-12-01.
  2. ^ "Tobacco Control Data Initiative". nigeria.tobaccocontroldata.org. Retrieved 2024-12-03.
  3. ^ Prynn, Jonathan (2024-04-16). "One of London's richest families takes feud to High Court". The Standard. Retrieved 2024-12-01.
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