BY SCO Admin | January 7 | comments icon 0 COMMENTS     print icon print

9-Albert Gubay

Billionaire philanthropist and businessman who pledged fortune to Church dies

Albert Gubay, founded of Kwik Save, died aged 87 at his home in Cheshire

Billionaire Catholic businessman and philanthropist Albert Gubay has died aged 87 at his home in Cheshire.

Mr Gubay (above) founded the Kwik Save supermarket chain and has given millions to charitable causes, with half of the profits each year from his £1bn fortune going to causes identified by the Church.

As a young businessman, Mr Gubay said he made a ‘pact with God’ that he would give over half his earnings to the Church.

In 2011 he was presented with a Papal Knighthood by Cardinal Vincent Nichols, the Archbishop of Westminster.

Mr Gubay was born in 1928 in Rhyl and started his business empire selling sweets during the rationing in the aftermath of the Second World War. He founded the Kwik Save supermarket chain in 1965, and founded the Total Fitness network of gyms which were sold in 2004 for £70m.

In 2010 the Albert Gubay Charitable Foundation was set-up with the aim of distributing the businessman’s money to the Church and other charitable causes after his death.

 

—daniel@sconews.co.uk

 

 

Leave a Reply

latest news

Scottish bishops reveal new Coronavirus working group chaired by lay Catholic

May 6th, 2020 | comments icon 0 COMMENTS

Bishop Gilbert said: "The bishops are keen to benefit from...


Scots College rector says BBC documentary’s success shows desire for more religious-themed shows

May 4th, 2020 | comments icon 0 COMMENTS

The rector of the Pontifical Scots College in Rome said...


Funeral arrangements made for one of Glasgow Archdiocese’s ‘best-known’ priests

May 4th, 2020 | comments icon 0 COMMENTS

Funeral arrangements have been made for a Glasgow Archdiocese priest...


Dunkeld pays tribute to priest who served for nearly 65 years

May 4th, 2020 | comments icon 0 COMMENTS

Bishop Stephen Robson of Dunkeld paid tribute to to a...




Social media

Latest edition

p1

exclusively in the paper

  • Unite in prayer against the virus, Paisley bishop pleads
  • Papal award recognises 60 years of Faithful service
  • Catholic high school leads trend with positive outcomes for pupils
  • New memorials celebrate Croy’s proud mining heritage
  • Top Catholic university rolls out programme in Scotland

Previous editions

Previous editions of the Scottish Catholic Observer newspaper are only available to subscribed Members. To download previous editions of the paper, please subscribe.

note: registered members only.

Read the SCO