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Asif Aziz, Business: Property development, Worth: £140m.

 

UK, Dec. 12, 2006

UK Daily Telegraph named NRI Asif Aziz is one of the "40 most successful young entrepreneurs"

NRI Asif Aziz, 39 has invested in London property since the 1980's and has an in depth knowledge and understanding of the London property market. This knowledge, together with his entrepreneurial skills has guided Golfrate to its current standing as one of the fastest growing private property companies in the UK.

He has come in 12th. His new company criterion capital paid 25 million pounds for the YMCA site on Tottenham Court Road - the latest in a long line of property deals in London that Aziz has completed.

His family originally came from India, but he was born in Malawi and came to the UK when his father, a food wholesaler, emigrated from Africa. His first deal was buying two shops in Deptford High Street but soon his Golfrate investment vehicle was snapping up landmark sites.

He puts his success down to working hard, lots of sacrifices, an obsession with cashflow, and being in the right place at the right time. He also says that he is prepared to move far quicker than most other people, buying the Trocadero in five working days.