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The Guardian - UK
The Guardian - UK
Business
Rupert Neate Wealth correspondent

British asylum housing tycoon breaks into Sunday Times rich list

Sunday Times King Charles III United Kingdom Clearsprings Ready Homes
Glimpse through a torn fabric covering of a fence into an empty square lined with old red brick barracks accommodation, with only one person visible in the aquare
Napier Barracks in Kent, which is run by Graham King’s company Clearsprings as asylum accommodation. Photograph: Dan Kitwood/Getty Images

An Essex businessman who won government contracts paying his company £3.5m a day for transporting and accommodating asylum seekers has been named among the 350 richest people in the UK.

Graham King, the founder and majority owner of a business empire that includes Clearsprings Ready Homes, which won a 10-year Home Office contract for housing thousands of asylum seekers, was on Friday named alongside King Charles III, the prime minister and Sir Paul McCartney on the Sunday Times rich list of the wealthiest people.

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