42-562: David Reuben (born 1941) and Simon Reuben (born 1944) are British businessmen. In 2024, they were named the third-richest family in the UK by the Sunday Times Rich List , with a net worth of £24.9 billion. The brothers were born in Bombay , British India , the sons of David Sassoon Reuben and Nancy Reuben, a Baghdadi Jewish family. Their father went to Bombay from Iraq to secure work in
84-571: A dedicated room. Tate Britain is the home of the annual and usually controversial Turner Prize exhibition, featuring four artists selected by a jury chaired by the director of Tate Britain. This is spread out over the year with the four nominees announced in May, the show of their work opened in October and the prize itself given in December. Each stage of the prize generates media coverage, and there have also been
126-600: A giving index of 88.89%, which amounted to donations in 2018 of £299.6 million. A fuller version of the Rich List is also published in a reference book edition, edited by Philip Beresford . This list covers the top 5,000 richest people, rather than the top 1,000, and includes their business addresses: Tate Britain Tate Britain , known from 1897 to 1932 as the National Gallery of British Art and from 1932 to 2000 as
168-566: A magazine supplement by British national Sunday newspaper The Sunday Times since 1989. The editorial decisions governing the compilation of the Rich List are published in the newspaper and online as its "Rules of engagement". The Rich List is not limited to British citizens and it includes individuals and families born overseas but who predominantly work and/or live in Britain. This excludes some individuals with prominent financial assets in Britain. The editors estimate subjects' wealth from
210-510: A number of demonstrations against the prize, notably since 2000 an annual picket by Stuckist artists. In recent years the exhibition and award ceremony have taken place at locations other than in Tate Britain: for example, in Liverpool (2007), Derry (2013), Glasgow (2015) and Hull (2017). Tate Britain has attempted to reach out to a different and younger audience with Late at Tate Britain on
252-554: A prospective buying consortium consisting of Reuben Brothers, Amanda Staveley's PCP Capital Partners , and the Public Investment Fund of Saudi Arabia . The Premier League initially refused to ratify the deal, and Mike Ashley engaged in legal proceedings against the Premier League to complete the takeover. On 7 October 2021, the Premier League approved the buy-out, stating that it has "received legally binding guarantees that
294-461: A protective brick wall built in front of it. In anticipation of the threat to London, more than 700 artworks were secretly transported to Muncaster Castle in Cumbria on 24 August 1939. In 1970, the building was given Grade II* listed status. In 2012, Tate Britain announced that it had raised the £45 million required to complete a major renovation, largely thanks to a £4.9 million grant from
336-455: A range of public information, based on values in January each year. They typically explain their actions by stating: "We measure identifiable wealth, whether land, property, racehorses, art or significant shares in publicly quoted companies. We exclude bank accounts—to which we have no access... We try to give due consideration to liabilities." The 2015 list marked the first year Queen Elizabeth II
378-643: A strategic stake in EDGLRD , an entertainment company founded by filmmaker Harmony Korine . In 2006 Ken Livingstone , the Mayor of London at the time, used a press conference to accuse Simon and David Reuben of jeopardising the £4 billion Olympic City development, in which the Reuben brothers held a 50% stake. Livingstone controversially told the media conference, referring to the Reuben brothers, that "If they're not happy here, they can go back to Iran and try their luck with
420-547: Is accessible by steps. A side entrance at a lower level has a ramp for wheelchair access. The gallery provides a restaurant and a café, as well as a Friends room, open only to members of the Tate. This membership is open to the public on payment of an annual subscription. As well as administration offices the building complex houses the Prints and Drawings Rooms (in the Clore galleries), as well as
462-467: Is decorated with spots, based on paintings of similar appearance by Damien Hirst . The lighting artwork incorporated in the pier's structure is by Angela Bulloch . The main display spaces show the permanent collection of historic British art, as well as contemporary work. It has rooms dedicated to works by one artist, such as: Tracey Emin , John Latham , Douglas Gordon , Sam Taylor-Wood , Tacita Dean , and Marcus Gheeraerts II, though these works, like
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#1732858195973504-467: Is the national gallery of British art from 1500 to the present day. As such, it is the most comprehensive collection of its kind in the world (only the Yale Center for British Art can claim similar expansiveness, but with less depth). More recent artists include David Hockney , Peter Blake and Francis Bacon . Works in the permanent Tate collection, which may be on display at Tate Britain include: When
546-643: The Cherney brothers and Reuben brothers to the Izmaylovskaya mafia led by Anton Malevsky in Israel. In March 1998, Boris Yeltsin replaced Kulikov as minister. In 2008, the Reuben brothers returned to the commodity business, expanding their mining interests with a portfolio of mines in Morocco, Indonesia, and South Africa. By 2000, the brothers sold all their Russian assets as they focused their business activities mainly in
588-467: The Heritage Lottery Fund and £1 million given by Tate Members. The museum stayed open throughout the three phases of renovation. Completed in 2013, the newly designed sections were conceived by the architects Caruso St John and included a total of nine new galleries, with reinforced flooring to accommodate heavy sculptures. A second part was unveiled later that year, the centrepiece being
630-710: The Paddington area of London; Park Plaza Hotels & Resorts , a 50/50 joint venture in a new apart-hotel under the 'art'otel' brand in Hoxton , City of London; Hampton House, demolition and redevelopment of the 1960s office block opposite Tate Britain that was designed by Foster & Partners and features a mix of apartments and an apart-hotel on the River Thames next to the Park Plaza London Riverbank hotel; airports at London Oxford and London Heliport . In 2006,
672-603: The Pre-Raphaelite painter and President of the Royal Academy , John Everett Millais , died in 1896, the Prince of Wales (later to become King Edward VII ) chaired a memorial committee, which commissioned a statue of the artist. The sculpture, by Thomas Brock , was installed at the front of the gallery in the garden on the east side in 1905. On 23 November that year, The Pall Mall Gazette called it "a breezy statue, representing
714-461: The Rich List , The Sunday Times has produced an annual Giving List , which tracks the most generous philanthropists in the UK as a proportion of their wealth. In 2018, it was reported that, of the 300 philanthropists listed in the Giving List , a total of £3.207 billion was given away. Jamie Cooper, the former wife of hedge fund manager Sir Christopher Anthony Hohn , was ranked in first place with
756-748: The Tate Gallery , is an art museum on Millbank in the City of Westminster in London, England. It is part of the Tate network of galleries in England, with Tate Modern , Tate Liverpool and Tate St Ives . Founded by Sir Henry Tate , it houses a substantial collection of the art of the United Kingdom since Tudor times, and in particular has large holdings of the works of J. M. W. Turner , who bequeathed all his own collection to
798-545: The ayatollahs , if they don't like the planning regime or my approach." Conservative members of the London Assembly stated the brothers were not Iranian, but had been born in British India of Iraqi-Jewish parents. After a public complaint and a subsequent official investigation into Livingstone's comments, the investigating officer dismissed the complaint and concluded that Livingstone had reason to be strongly critical of
840-1042: The Kingdom of Saudi Arabia will not control the Newcastle United club". The buy-out deal involved the Saudi Public Investment Fund taking up 80% of Newcastle United shares, while the Reuben Brothers and PCP Capital Partners each took 10% of the remaining shares. Arena Racing Company , also called ARC Racing and Leisure Group is a UK private company, created in 2012 by the merger of Arena Leisure and Northern Racing . It owns and operates 16 racecourses in Great Britain, accounting for 39% of British racing fixtures. It operates hotels at Doncaster Racecourse , Wolverhampton Racecourse and Lingfield Park Racecourse , and golf courses at Lingfield, Southwell and Newcastle . On 19 August 2024, Reuben Brothers acquired
882-667: The Library and Archive in the Hyman Kreitman Reading Rooms. The restaurant features a mural by Rex Whistler , The Expedition in Pursuit of Rare Meats . Protests over the depiction of the enslavement of Black children and the stereotyping of Chinese figures in the mural has led to the closure of the restaurant. Tate Britain and Tate Modern are now connected by a river bus along the River Thames , which runs from Millbank Millennium Pier immediately outside Tate Britain. The boat
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#1732858195973924-514: The London Primark store on Oxford Street; Sloane Street shops; and Cambridge House , the former premises of the Naval and Military Club , which comprises six freehold buildings which have a planning consent for a six-star hotel and private members' club. Other investments and developments include Merchant Square, a 1,800,000 sq ft (170,000 m) development scheme of offices and flats, in
966-544: The Reuben Brothers formed a partnership that injected private equity into the FTSE -listed McCarthy & Stone , a retirement home construction company, exiting from that investment in 2013. The Reuben Brothers invested in luxury leisure group Belmond Ltd in 2007, and sold their share in 2019 for £233 million. Other holdings include Travelodge Hotels ; D2 Jeans and Blue Inc clothing retailers, with retailer Sir Stuart Rose ; Luup and Metro Bank ; The Wellington Pub Company,
1008-593: The Reuben brothers' conduct, and that his criticism, while "robust," was "reasonable" in the circumstances. The family's philanthropic vehicle, the Reuben Foundation , is focused on the advancement of healthcare and education. The family founded the Nancy Reuben Primary School , an independent Jewish day school in Hendon in honour of their mother. The foundation has donated £80 million to support
1050-410: The Tate. In 2000 the statue was removed to the rear of the building. Starting in 1990, oil company BP began a sponsorship of Tate Britain, which was to become 'the longest and most consistent sponsorship of any permanent art collection in the UK' according to the Tate itself. Although BP renewed its support in 2011, offering a fresh commitment to last a further decade, the following year BP announced
1092-778: The UK property market. They have been involved in financing a number of acquisitions and have investments in technology companies. As of 2016, their business activities mainly involved real estate, both in the UK and abroad, venture capital , and private equity . UK properties owned by the Reuben Brothers include: Millbank Tower ; the John Lewis Partnership headquarters in Victoria ; the American Express offices also in Victoria; Carlton House SW1 ; Academy House on Sackville Street ; Connaught House on Berkeley Square ; Market Towers;
1134-607: The brothers' businesses make extensive use of offshore tax havens . A spokesperson said that their businesses "fully comply with UK tax laws". The brothers are donors to the Conservative Party . Sunday Times Rich List The Sunday Times Rich List is a list of the 1,000 wealthiest people or families resident in the United Kingdom ranked by net wealth . The list is updated annually in April and has been published as
1176-409: The creation of Reuben College, Oxford , originally named Parks College. It is a post-graduate college focused on climate change, artificial intelligence and cellular life. According to the Sunday Times Rich List 2023, David and Simon Reuben and their combined family had an estimated net worth of £24.4 billion. This made them Britain's fourth wealthiest family. The Times has reported that
1218-632: The display of historical and contemporary British art . As a consequence, it was renamed Tate Britain in March 2000. The front part of the building was designed by Sidney R. J. Smith with a classical portico and dome behind, and the central sculpture gallery was designed by John Russell Pope . Tate Britain includes the Clore Gallery of 1987, designed by James Stirling , which houses work by J. M. W. Turner . The Clore Gallery has been regarded as an important example of Postmodern architecture , especially in
1260-420: The first Friday of every month, with half-price admission to exhibitions, live music and performance art. Other public involvement has included the display of visitors', as opposed to curators', interpretation of certain artworks. Regular free tours operate on the hour, and at 1:15 pm on Tuesday, Wednesday and Thursday short 15-minute talks are given on paintings, artists and artistic styles. Tate Britain
1302-545: The gallery opened on 21 July 1897 as the National Gallery of British Art. However, from the start it was commonly known as the Tate Gallery, after its founder Sir Henry Tate , and in 1932 it officially adopted that name. Before 2000, the gallery housed and displayed both British and modern collections, but the launch of Tate Modern saw Tate's modern collections move there, while the old Millbank gallery became dedicated to
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1344-543: The largest free-of-tie pub estate in the UK with approximately 850 tenanted pubs; Global Switch, the carrier data centre provider in Europe and the Asia-Pacific region; and a joint venture with British Marine , that in 2014 had eight vessels with plans to double the fleet size. On 14 April 2020, it emerged that a deal to transfer ownership of Newcastle United Football Club had been agreed between incumbent owner Mike Ashley and
1386-582: The man in the characteristic attitude in which we all knew him". In 1953, Tate Director, Sir Norman Reid , attempted to have it replaced by Rodin 's John the Baptist , and in 1962 again proposed its removal, calling its presence "positively harmful". His efforts were frustrated by the statue's owner, the Ministry of Works . Ownership was transferred from the Ministry to English Heritage in 1996, and by them in turn to
1428-420: The nation. It is one of the largest museums in the country. The museum had 525,144 visitors in 2021, an increase of 34 percent from 2020 but still well below pre- COVID-19 pandemic levels. In 2021 it ranked 50th on the list of most-visited art museums in the world. The gallery is on Millbank , on the site of the former Millbank Prison . Construction, undertaken by Higgs and Hill , commenced in 1893, and
1470-806: The receivers and made enough money from it to start investing in property, with early investments on Walton Street and the King's Road in Chelsea . The brothers increased their wealth during the 1970s and 1980s in metals and property trading. In the early 1990s, the brothers invested in the Russian metals market. When Russian aluminum smelters were incapacitated by debt, Reuben's company Trans-World entered into tolling arrangements with factories in which they paid for and delivered raw materials in return for finished aluminum, which it then sold for profit. The company's investment in Russia
1512-412: The reopening of the building's Thames-facing entrance as well as a new spiral staircase beneath its rotunda. The circular balcony of the rotunda's domed atrium, closed to visitors since the 1920s, was reopened. The gallery also now has a dedicated schools' entrance and reception beneath its entrance steps on Millbank and a new archive gallery for the presentation of temporary displays. The front entrance
1554-430: The rest of the collection, are subject to rotation. The gallery also organises career retrospectives of British artists and temporary major exhibitions of British Art. Every three years the gallery stages a Triennial exhibition in which a guest curator provides an overview of contemporary British Art. The 2003 Tate Triennial was called Days Like These . Art Now is a small changing show of a contemporary artist's work in
1596-427: The termination of its support for Tate Britain, blaming the 'extremely challenging business environment'. Although the company denied that the decision was influenced by climate change protests, BP's support for Tate Britain had drawn the attention of activists to the gallery. In 2015, a collective called Liberate Tate had occupied part of Tate Britain and attributed BP's move to climate activism, which has since become
1638-485: The textile industry. Following their parents' separation, the brothers moved to London in the 1950s with their mother, and due to the change in financial circumstances, the brothers attended state schools and lived in Islington , North London, with Simon never completing his formal education. David joined a scrap metals business while Simon started out in carpets. Simon went on to buy out England's oldest carpet company from
1680-439: The use of contextual irony: each section of the external facade quotes liberally from the building next to it in regard to materials and detailing. Crises during its existence include flood damage to artworks from the River Thames spilling its banks , and bomb damage during World War II. However, most of the collection was in safe storage elsewhere during the war, and a large Stanley Spencer painting, deemed too big to move, had
1722-493: Was US$ 1.5 billion ( £ 870 million), with global sales in 1995 above US$ 8 billion. TransWorld was accused of involvement in illegal activities, including several murders. The brothers were involved with several members of the country's new oligarchy , including Roman Abramovich . They settled a multimillion-pound legal dispute with Oleg Deripaska with a settlement being awarded to Reuben Brothers . In 1997, Russia's Interior Minister Anatoly Kulikov linked both
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1764-545: Was not among the list's top 300 most wealthy since the list began in 1989. She was number one on the inaugural Sunday Times Rich List 1989 . The most recent list was published online on 17 May 2024 and in print on 19 May 2024. The Sunday Times Tax List was inaugurated on 27 January 2019 in the Sunday Times Magazine , using data collected for the Rich List and edited by Robert Watts. Since 2005, as part of
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