Residence Switzerland | Children 3 | |
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Occupation Businessman and property developer Spouse(s) Narmina Marandi (nee Alizadeh) | ||
Javad Marandi (born February 1968) is a British businessman and property developer, with investments in commercial and residential real estate.
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Early life
He was born in February 1968 and lives in Switzerland. He was born in Tehran, Iran. He arrived in the UK in 1979 and studied electrical and electronic engineering and is a UK chartered accountant.
Career
Marandi has investments across different sectors in the UK, Europe and Asia.
He is the landlord of Soho Farmhouse, the rural outpost of the Soho House members club group in Oxfordshire, England, which opened in 2015 and has a 99% occupancy rate, catering to what the London Sunday Times calls “affluent, liberal-minded media types ”. He also has a half share in the Soho House Group restaurant division. He stated in a 2016 interview with the Daily Telegraph (UK) that the group “can open 100 shops across all brands”, and it now has international branches in Chicago and Barcelona.
Marandi is spending £50 million transforming the former Monnet Cognac cellars in south-west France into a 100-room, five-star hotel and spa, due to open in 2018. The luxury hotel has been designed by French architect Didier Poignant.
Marandi is an investor in the scaffolding company Roth Gerüste, based in Switzerland. When asked about his decision to invest in the firm, he noted that it was a 'market leader' and also that Swiss investment is a 'mature, low-risk market for investors'.
Marandi is an investor in WED2B, which claims to be "the UK's largest and fastest growing bridal retailer".
He owns a retail distribution company in Azerbaijan which has 1,000 vans serving 11,000 retailers, and is an advisor to Pasha Construction which has engaged in projects such as hotel construction.
Pasha was the principal investor behind the Four Seasons Baku and JW Marriot, as well as several restaurants.
Asked about his investment philosophy, he says that he is “making investments for the long term, three generations or so, far longer than banks or private equity firms are prepared to offer terms.”
Personal life
Marandi owns a home in Eaton Square in London's Belgravia worth about £22.5 million, and is one of Azerbaijan's richest men. He is reported to have "two private jets and a passion for vintage wine".
Marandi is a donor to the Conservative Party (UK).
His wife Narmina is the daughter of Ali Alizadeh, an oncologist in Baku, Azerbaijan.