Farhad Moshiri's Net Worth?

Farhad Moshiri has a net worth of $2.8 billion and is an Iranian-British businessman and investor. He amassed his fortune as the single owner or stakeholder of a number of steel and energy enterprises in the United Kingdom and Russia.

Early Life

In the early 1990s, he met fellow billionaire Alisher Usmanov and became Usmanov’s partner in various enterprises. Red & White Holdings, which purchased 14.65% of Arsenal Football Club’s shares, is co-owned by the two.

Farhad Moshiri's Net Worth?

Farhad Moshiri was born in Iran on May 18, 1955. Majid 1926–2020, his father, was an army doctor who trained as a pathologist and eventually became a senior military judge, while his mother’s family owned Iran’s premier publishing business, Kayhan .

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Career

Moshiri worked for Ernst & Young (1979–1985), Pannell Kerr Forster (1985–1987), and Deloitte & Touche (1987–1992), most recently as a senior manager in the audit division of Deloitte. [5] From 1993 to 2006, he was Executive Director of GNE Group plc, and from 2000 to 2008, he was Chief Executive Officer of Europe Steel Limited (previously Europe Steel plc). He was the president of Metalloinvest from 2006 to 2013, after which he was appointed chairman of USM Enterprises.

Farhad Moshiri's Net Worth?

Moshiri and his longtime business partner Alisher Usmanov were co-owners of Red & White Enterprises, which purchased 14.65% of Arsenal F.C. shares from former vice-chairman David Dein in August 2007. A week after Moshiri indicated that he sought at least a 25% ownership in the football club, Red and White Holdings boosted their share in Arsenal to 21% on September 18, 2007, and to 23% on September 28, 2007.

Red and White Holdings owned at least 29. 72 percent of the company as of June 2012. “They’ve said earlier they are not going to make a bid for the business and they want to be long-term shareholders,” Arsenal managing director Keith Edelman told BBC Radio 5 Live.

Farhad Moshiri's Net Worth?

Moshiri sold his stake in Arsenal Football Club to Red & White Holdings partner Usmanov in February 2016 in order to fund capital for a takeover effort at Everton Football Club. The club formally confirmed Moshiri’s purchase of a 49.9% share in the club on February 27, which was validated by the Premier League two weeks later. Moshiri raised his ownership of the team to 94 percent in January 2022.

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Personal Life

Moshiri is a Monaco resident. Nazenin Ansari, his ex-wife, is an Iranian journalist based in London. She is the managing editor of Kayhan London, a weekly Persian-language newspaper, and a series producer at Manoto, an international free-to-air Persian-language television channel. [9] They are the parents of two children.

Moshiri has a net worth of £1.7 billion, according to the Sunday Times Rich List for 2021.