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Asian
Entrepreneurs Strike It Rich In The Food & Drink Industry
Asian
entrepreneurs in the food and drink industry have a collective
fortune of £828m, an increase of £118m from the previous
year, according to this year's Success Magazine. The publication
which was launched at the 11th Eastern Eye Asian Business Awards on
Tuesday 8th May 2007, in the presence of HRH The Duke of York, the
UK's Special Representative for International Trade and Investment.
The high
profile business publication highlights Asian success stories with
in-depth editorial on Asian entrepreneurs as well providing an
up-to-date audit of the richest Asians in the UK and India. In
addition to the food and drink list, the publication will also
profile the ten most powerful Asian females and the most powerful
Asians across the respective fields of law, media, sport, politics
and property.
Featured again
in this year's list is Sir Mohammed Anwar Pervez OBE, who has
sustained his position as the "Cash and Carry" king with
Bestway. Pakistan-born Pervez came to the UK in the 1950s and began
his career as a bus conductor in Bradford. He began his career in
food business in 1963 when he opened a mini supermarket in Earls
Court and ventured into the cash and carry business in 1976, making
Bestway a 50-warehouse operation in Britain, with a combined sales
area of over 5 million square feet. The empire now employs over 4,500
people nationwide in a network of cash-and-carry stores and Sir Anwar
is one of the UK's best-known Asian entrepreneurs.
Also included
in the food list is the 20th richest Asian in the UK, Iqbal Ahmed and
family with an estimated worth of £90m. Iqbal and family are the
owners of Manchester-based Seamark Group, one of Europe's leading
processors and packers of seafood, famous for its Mr Prawn brand,
Europe's top-selling cooked shrimp. The businesses, property and
other interests take the family to an estimated £90 million of
wealth. Additional movers and shakers in the sector include Karan
Bilimoria, founder of Cobra Beer, worth £50m, Kirit and Meena
Pathak of food brand Pathak's, worth £85m and founder of VeeTee
rice Moni Varma, worth £45m.
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