Asda billionaire Mohsin Issa insists there is no rift between him and his younger brother

Relationship: Victoria Price and Mohsin Issa said they are building a life together

Mohsin Issa has insisted there is no rift between him and his younger brother Zuber.

The billionaire brothers and private equity firm TDR Capital took control of Asda in a debt-fuelled £6.8billion swoop in 2021.

But their relationship was understood to be under strain. Moving to quash the speculation yesterday, he told the BBC: ‘There is absolutely no rift between myself and Zuber – we get on exceptionally well. 

‘We talk to each other probably two or three times a day.’ 

While Mohsin, 52, runs the supermarket, Zuber, 51, oversees forecourt giant EG Group, which is also part of the family empire.

The comments come just weeks after speculation that the brothers had fallen out over Mohsin’s relationship with Victoria Price, an accountant he met in 2018 when she presented him with an entrepreneur of the year award.

Mohsin has confirmed that he is in a relationship with Price, 41, after walking out on his wife of nearly 30 years Shamim. The entrepreneur also said he was carrying out a ‘reset’ at the grocer before appointing a chief executive to run the business.