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Wednesday, Jan 22, 2020

Harrow home to wealthiest Asians

Asian XPress Rich List 2003 reveals that Asian businessmen and women in Middlesex are worth nearly #2 billion.

india Updated: Dec 27, 2003 23:18 IST
UK Bureau
UK Bureau

Harrow, which has a significant Indian population, is also proud of having Asians among the wealthiest people in the country.

The Asian XPress Rich List 2003 this week reveals that Asian businessmen and women living in Middlesex are worth a total of nearly £2 billion, with one Wembley entrepreneur making it to number seven in the national league table.

The list, to be published in April by the Asian XPress newspaper, shows Middlesex to be the second wealthiest region, after London.

Sir Anwar Pervez from Wembley, owner of the Bestway Group, is the highest local resident on the index, with a fortune of £161 million. He is followed, at number eight, by Gulu Lalvani, also from Wembley, who owns the telecommunications company Binatone and is worth £150 million.

In Harrow, Rich List millionaires include Ramesh and Pratibha Sachdev, owners of Lifestyle Care, £85 million; Naresh Shah and family, Jumbogate, £62 million; Saleem Asaria and family, Ultima Healthcare, £13 million; Mohamed Esmall and family, SME Group, £13 million; Vrajlal Manek and family, Oleoland Hotels, £6.4 million; Sanjiv and Sunil Kotecha, Just Rams, £6.3 million; Rasiklal Dalia and family, Safegold Properties, £5.2 million, and Mahash Patel and family, Capital Hire and BudgetLink, £5 million.

The list's publisher, Sarwar Ahmed, said it highlighted the success of the Asian community and their contribution to the local economy.

"These entrepreneurs have created enormous wealth for themselves, but also supported their local community by creating jobs and bringing investment into the city," he said.

"Many of our millionaires literally lost everything before coming to the UK. They have rebuilt their lives, and the Rich List clearly demonstrates just how far Asians have integrated into the fabric of British society."