Two British Pakistanis In UK’s Billionaires Club

Two British Pakistanis In UK’s Billionaires Club

Sunday Times 2018 rich list named Two Pakistani-origin businessmen among the British nationals with a net worth of one billion pounds.

Gujar Khan-born Sir Anwar Pervez is the first Pakistan-born British national on the list with a net worth of 3.09 billion pounds. Although the fortunes of Sir Pervez rose by £145 million during the year, his rank on the Sunday Times list fell from 40th to 43rd.

The rise of Sir Anwar Pervez is counted among UK's most inspiring rags-to-riches stories. After landing in the UK at the age of 21 and settling down in Bradford, he like most economic migrants did some menial jobs. Later, he opened a convenience store in west London with what he saved up. In 1976, opened a warehouse in Acton area of west London along with three other relatives and friends with very small seed money. The company then called Bestway now stands as a strong business organization with stakes from cash-and-carry to pharmacy. The Bestway Group now does business from over 60 warehouses under its own name and the Batleys brand, which it procured, enjoying an 18 percent market share in the grocery wholesale sector, where it supplies to about 100,000 retailers.

Two British Pakistanis In UK’s Billionaires Club

Two British Pakistanis In UK’s Billionaires Club

The second British Pakistani on the list with a net worth of £1.2 billion is the chief executive, co-founder of the Bestway Group and a nephew of Sir Anwar Pervez, Zameer Chaudrey.

Other notable Pakistan-born British citizens on Sunday Times rich list are Adalat Chaudhry and Abdul Khalique Bhatti, who were also co-founders of the Bestway Group with Sir Anwar Pervez with a net worth of £540 million each.