40= Rabinder Rai & Fam­ily

Essex Life - - Rich List -

Care Homes, £55m

Ranc Care Homes, the Il­ford-based res­i­den­tial care home provider, saw its prof­its rise to £4.8m on a £22.37m turnover in 2013-14. Started in 1991, it has 11 homes lo­cated in the east and south east of England of­fer­ing qual­ity care for el­derly res­i­dents. It achieved a coup in late 2010 when it won a £135m con­tract from NHS Sur­rey on be­half of NHS South East Coast Col­lab­o­ra­tive Pro­cure­ment Hub to pro­vide res­i­den­tial health­care ser­vices. With £51m net as­sets the group is eas­ily worth that sum. Past div­i­dends etc take owner and founder Rabinder Rai and his fam­ily to £55m.

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