Albert Gubay

Date of Birth: March 9, 1928

Zodiac Sign: Pisces

Date of Death: January 5, 2016

Biography

Albert Gubay was a British businessman and philanthropist best known for founding the Kwik Save discount supermarket chain. Born to a Jewish-Irish family in North Wales, Gubay started his career with a modest venture selling confectionery. His entrepreneurial spirit led him to establish the first Kwik Save store in Prestatyn in 1965, which revolutionized the retail industry in the UK with its no-frills, low-cost approach. Gubay later sold the chain and diversified his investments into property and other businesses. In his later years, he dedicated a significant portion of his wealth to charitable endeavors, honoring a vow he made during his early struggles to donate half his fortune to charity if he became rich.

5 Interesting Facts about Albert Gubay

1. Albert Gubay started his career selling non-rationed sweets during post-war rationing in the UK.

2. He turned a small grocery store into the Kwik Save chain, which at its peak had over 800 stores.

3. Gubay made a vow to God that he would give half of his wealth to charity if he became rich, a promise he honored later in life.

4. After selling Kwik Save, he ventured into property development and amassed a significant real estate portfolio.

5. He established The Albert Gubay Charitable Foundation, to which he left a substantial part of his fortune.

5 Most Interesting Quotes from Albert Gubay

1. “I had a burning ambition to succeed.”

2. “The harder you work, the luckier you get.”

3. “I owe my success to my early struggles and the promises I made during those times.”

4. “Success is not about making money; it’s about making a difference.”

5. “I never forgot where I came from and always wanted to give back.”

Highest Net Worth Achieved

Albert Gubay’s highest net worth was estimated to be around £500 million at the time of his death.

Children

Albert Gubay had two children, although he kept his family life relatively private compared to his business endeavors.

Relevant Links

1. [BBC News: Obituary of Albert Gubay](https://www.bbc.com/news/uk-wales-35241784

2. [The Guardian: Albert Gubay, founder of Kwik Save, dies aged 87](https://www.theguardian.com/business/2016/jan/06/albert-gubay-founder-kwik-save-dies-aged-87

3. [The Telegraph: Albert Gubay: The man who made a pact with God](https://www.telegraph.co.uk/news/obituaries/12086509/Albert-Gubay-businessman-obituary.html

4. [Daily Post: Albert Gubay – The man who gave away half his £1bn fortune](https://www.dailypost.co.uk/news/north-wales-news/albert-gubay-man-who-gave-10701587

5. [The Irish Times: Albert Gubay: Self-made businessman who gave away much of his fortune](https://www.irishtimes.com/life-and-style/people/albert-gubay-self-made-businessman-who-gave-away-much-of-his-fortune-1.2490348

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