The Ivy owner Richard Caring dubbed the 'King of Mayfair' sells his restaurant empire to Abu Dhabi sheikh in £1.4bn deal

Richard Caring, known as the 'King of Mayfair,' has sold his restaurant empire, including The Ivy, to an Abu Dhabi sheikh in a £1.4bn deal. The transaction marks a significant shift in the luxury dining sector, highlighting cross-border investment in high-end hospitality.