Selim Zilkha

Selim Zilkha (born 1927) is an Iraqi-born British entrepreneur, who founded Mothercare, one of the UK's largest retail chains until it was put into administration in 2019.

Early life

Zilkha was born in 1927 in Baghdad to an Iraqi Jewish family, the son of the banker Khedouri Zilkha, and raised in Lebanon, Egypt and the United States. He was educated at the Horace Mann School in New York City and Williams College in Williamstown, Massachusetts."Los Angeles Businessman Selim Zilkha Pledges $20 million to USC's Neurogenetic Institute"
''USC News'', 30 July 2002 He was in the US Army during the Second World War.

Career

Zilkha worked in finance in the family firm, Zilkha & Sons, from 1947 to 1960.

Zilkha then moved to the UK, where he bought the 50-store W.J. Harris nursery furniture chain, which he renamed Mothercare, and expanded it until it had over 400 stores. He sold his interest in Mothercare in 1981 and moved back to the United States.

In 1982, he invested $28 million in Towner Petroleum and, in 1998, he sold his investment for $1 billion.

In 2001, his net worth was estimated at US$700 million.

In 2002, he donated $20 million to complete a Neurogenetic Institute in Los Angeles.

In 2010, he became the co-owner of Zilkha Biomass Energy, which owns timberland and which makes pellet biofuel in Texas. He was also the co-owner of Laetitia Vineyard & Winery, Inc. in San Luis Obispo, California, until 2019.

Personal life

He married Diane Bashi, the daughter of a wealthy Lebanese banker. They had divorced by 1962, before she was 25, and she married the British politician Harold Lever (later Harold Lever, Baron Lever of Manchester).

They had a son, Michael Zilkha, the co-founder of ZE Records, and a daughter, Nadia Zilkha.

References

1927 births
People from Baghdad
Williams College alumni
Iraqi Jews
Iraqi emigrants to the United States
American people of Iraqi-Jewish descent
Living people
Selim
20th-century American businesspeople

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