The Scottish Mail on Sunday

The oligarch owner building a VERY fancy joint

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HOLLAND & Barrett’s status as Britain’s biggest health-food retailer was underlined when it was bought for £1.8billion in 2017 by a Russian oligarch.

Mikhail Fridman, who was ranked tenth on The Sunday Times Rich List last year with an estimated fortune of £10.9 billion, has made his home in Highgate, North London, where he is restoring Athlone House, a 19th Century mansion modelled on the

Palace of Versailles.

The 55-year-old grew up in the Ukrainian city of Lviv where he ran a student disco called Strawberry Fields and started a window-washing business.

In 2003, he struck a deal with BP that formed his company TNK-BP, before creating AlfaGroup, one of Russia’s largest multinatio­nal conglomera­tes.

Mr Fridman, a divorced fatherof-four, plans to leave his fortune to charity and has denied reports of links to the Kremlin.

Holland & Barrett was establishe­d in 1870 by Major William Holland and Alfred Slapps Barrett in Bishop’s Stortford, Hertfordsh­ire, as a grocery and clothing store.

The company now has 1,300 shops in 16 countries, including China, the Netherland­s,

India and Saudi

Arabia. It faced criticism in 2012 for employing about 1,000 unpaid people through a government jobs programme.

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