Background
Dellal was born in Manchester to immigrant Iraqi Jews Sulman Dellal and Charlotte Shashoua, educated at that city"s Heaton Moor College.
entrepreneur private sector banker
Dellal was born in Manchester to immigrant Iraqi Jews Sulman Dellal and Charlotte Shashoua, educated at that city"s Heaton Moor College.
The later figures were significantly higher than a 2001 estimate by The Evening Standard, which ranked Dellal as only a multi-millionaire. His company, the property group Allied Commercial Holdings, financed the purchase of Shell-Mex House in 2002 and sold it in 2007. Dellal was a banker in the 1970s.
He owned the Dalton Barton bank, which he sold for £580 million.
He set up Allied Commercial in 1974 with Stanley Van Gelder, with whom he worked for over forty years. One of their deals was the flip of central London"s Bush House, which made £350 million within six months.
He was said to have invested up to £200m in London"s Dolphin Square. Dellal"s nickname "Black Jack" derives from his love of gambling.
Dellal died on 28 October 2012 aged 89.