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Raj Chatha, Business: Wine and beer wholesaler, Worth: £47m


UK, Dec. 12, 2006

UK Daily Telegraph named NRI Raj Chatha is one of the "40 most successful young entrepreneurs"


Raj Chatha heads up European Food Brokers, a highly profitable beer-and-wine business, with turnover of more than £100m. Chatha's father was an immigrant from Punjab, India, and became a retailer in Halifax, West Yorkshire. Chatha junior set up his wholesaling business in 1991 from scratch with no backing from any banks or family. He is now based in Walsall.

He says being worth nearly £50m is meaningless to him, and he has no intention of selling out. "We're very focused, we're working long hours and looking at driving the business."

His advice to other young entrepreneurs is: "Be focused and do your research."