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

Mohsin Issa has insisted that 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 £6.8bn debt-fueled deal in 2021.

But their relationship was understood to be under strain. Yesterday, quelling speculation, he told the BBC: “There is absolutely no rift between Zuber and I; 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 gas station 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 the businessman of the year award.

Mohsin has confirmed he is in a relationship with Price, 41, after abandoning Shamim, his wife of almost 30 years. The businessman also said he was carrying out a “reboot” at the grocery store before appointing a chief executive to run the business.