List names the men with the money
In its recently published ‘Rich List’ the Sunday Times identifies a number of people in the care sector who, it has to be said, are doing very nicely:
- At no. 88, said to be worth £500m, is Derrick Smith who, in addition to his interests in racehorses and currency trading, has a significant holding in Barchester Healthcare. Mr Smith also has hotels and leisure interests in America and Barbados, where he lives.
- No. 146 (£350m) are Ramesh and Pratibha Sachdev. Ramesh, 63, runs Life Style Care, which has seven care homes. Two earlier incarnations of the firm were sold, making £275m for Sachdev and his wife, Pratibha, 61, who live in Hertfordshire.
- No. 438 (£120m): Dr Nick Dhandsa and family. A former hospital doctor Dhandsa, 53, made about £100m from the sale of his London nursing home operator, Associated Nursing Services (ANS), in 2005. He has been investing in golf courses, cosmetic surgery clinics and Dubai property.
- No. 510 (£