Source of Wealth:Cash and Carry
Prakash Thakrar has a net worth of £34 million as of April 2012, according to the Sunday Times UK Rich List. Hothi Cash & Carry was set up in 1985 on the Park Royal trading estate in northwest London to serve the local retail trade. It has grown sharply in recent years, having built a £1.8m warehouse. Rebranded HT & Co (Drinks) in July 2007, the business specialises in wines, beers, spirits, confectionery and tobacco. Managing director Thakrar, 63, owns 99% of the parent company, which made a £3.7m profit on £243m sales in 2010. The business is valued at £32m and add £2m for past salaries and other assets.
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