An Essex businessman known as the “Asylum King” has become a billionaire after profits soared at his migrant-housing company.
Graham King, 58, founder of Clearsprings Ready Homes, which has a government contract to provide asylum seekers with accommodation, food and transport, has enjoyed a 35 per cent jump in his fortune in the past year, making him one of the Sunday Times Rich List’s new billionaires. The annual list of the UK’s wealthiest people is published next Sunday.
King made his debut on the Rich List only last year when he appeared at No 221 with £750 million. He is ranked 154 in the 2025 list with a fortune of £1.015 billion.
His increasing wealth is a function of increasing immigration. In the year ending
Visited 1 times, 1 visit(s) today
