Freddy Salem (born May 1941) is a British businessman whose interests are in logistics and supply chain management. With his wife Muriel, the Salems have formed a large private art collection which is on display by appointment at their home in Regent's Park, London.

Freddy Salem
BornMay 1941
NationalityBritish
EducationINSEAD
OccupationBusinessman
SpouseMuriel Salem

Early life and education edit

Salem was born in May 1941 in Lebanon.[1][2] He gained his BA in business administration from the American University of Beirut and his MBA from INSEAD in 1966.[3] As of 2015, he has two surviving brothers, Isaac, who is older and Beno, who is younger.[4] A fourth brother, Raymond, died in 2002.[4] Their father ran a money-changing business in Beirut, which his sons joined, before they in turn moved into financing Nigerian textile traders.[4]

Career edit

Salem's business interests are in logistics and supply chain management. His directorships include Parker Logistics Limited, Forextra Developments Limited, and Forextra (Grosvenor) Limited. He is company secretary of Frelene Limited.[2]

Property edit

 
Scott's restaurant, Mount Street.

Freddy and Moussa Salem are the owners, via a company registered in the United Kingdom, of 14-25 Mount Street in London,[5] 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.[6]

Art collecting edit

Salem and his Beirut-born wife Muriel (who moved to England in 1975) are art collectors and patrons of the Cranford Collection. Formed in 1999, the Salems' art collection by 2014 comprised over 700 works with many from the Young British Artists of the 1990s. The collection is on display at a private home in the Regent's Park area with viewing by appointment. The Salems have been advised by Andrew Renton until 2011 when Anne Pontegnie succeeded him.[7][8][9][10]

References edit

  1. ^ "Parker Logistics Limited". Companies House. Retrieved 25 August 2015.
  2. ^ a b FREDDY SALEM. Company Check. Retrieved 4 May 2015.
  3. ^ INSEAD Freddy Salem Scholarship(s). INSEAD. Retrieved 4 May 2015.
  4. ^ a b c Armitage, Jim (18 August 2015). "The secretive London family at war over its millions". Evening Standard. Retrieved 25 August 2015.
  5. ^ Jim Armitage: A James Bond mystery - Scott’s of Mayfair’s Panama connection. Jim Armitage, London Evening Standard, 1 May 2015. Retrieved 4 May 2015.
  6. ^ Celebrity Mayfair hangout to be sold in secret. Anna White, The Telegraph, 21 March 2015. Retrieved 4 May 2015.
  7. ^ Muriel Salem: "The Art Market has become a great glamorous party" Archived 2015-05-04 at the Wayback Machine Sol G. Moreno, Ars Magazine. Retrieved 4 May 2015.
  8. ^ "Private art on public view" Alice Rawsthorn, The Guardian, 24 May 2006. Retrieved 4 May 2015.
  9. ^ "Old name, new venture" Financial Times, 9 June 2012. Retrieved 4 May 2015.
  10. ^ 'Cranford Collection: Out of the House' on display at the Grupo Santander City. Banco Santander S.A., 18 February 2013. Retrieved 5 May 2015.

External links edit