Rich List 2005
BRITAIN IRELAND SCOTLAND YOUNG PEOPLE WOMEN
Vahid Alaghband and family*
RESULTS 2005 Ranking Worth Industry
607= £80m Steel, textiles and property
The Iranian Alaghband family's extensive steel, textile and property interests were taken over in 1979 when the Shah fell. The family moved to Britain and, under Vahid Alaghband, 53, rebuilt through its London-based Balli Holdings. Its main subsidiary, Balli Steel, produced £9.6m profit on £1 billion sales in 2002. An £80m valuation of the family's wealth is a cautious one.
RESULTS 2004 Ranking New entry Worth £m
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