Assem Allam was an Egyptian-British businessman who lived in East Yorkshire since 1968. The net worth of Assem Allam was an estimated £210m in 2020. His main source of income comes from his business.
In 2016, Allam contributed £7 million to the University of Hull’s £25 million medical building.
He donated approximately £8 million to Hull University Teaching Hospitals NHS Trust in November 2019 for the establishment of a diabetes treatment and research center at Hull Royal Infirmary and Castle Hill Hospital.
Ernst & Young named him UK Entrepreneur of the Year in 2006. Dr Allam bought Hull City in 2010 and oversaw two promotions to the Premier League, an FA Cup final appearance and a League One title over 12 years.
Assem Allam passed away on 2 December 2022 from cancer. He was 83. Posting on social media, his son, Ehab, paid tribute to his father, describing him as a “strong, loving and determined man.”