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Richard Caring sells majority stake in hospitality empire for £1.4 billion

Restaurant tycoon agrees deal with Abu Dhabi-based hospitality investor Diafa
An Ivy restaurant in Canary Wharf, London. (CoStar)
An Ivy restaurant in Canary Wharf, London. (CoStar)
CoStar News
April 13, 2026 | 1:59 P.M.

Richard Caring has offloaded his Ivy restaurant chain and some of London's most exclusive private members' clubs, including Annabel's, to an entity controlled by Abu Dhabi royalty.

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