Mahmud Kamani net worth | Evening Standard Tech Rich List
The son of an Indian-Kenyan father, Mr Kamani was born into a hustle culture in sixties Britain and started off selling handbags from a market stall.
Mr Kamani went on to start a family textile business which would supply New Look and Primark before launching Boohoo Group in 2006 alongside Carol Kane.
The now 58-year-old was an early adaptor to the online demand of the 18-30 clientele the fashion line tends to, and the business grew rapidly as high street brands closed.
After announcing £31 million profits in 2017, Mr Kamani was able to sell shares for millions - before the company announced a bumper pandemic. From 2021, Boohoo was able to then buy its former rival Arcadia brands Dorothy Perkins, Wallis and Burton out of administration for £25 million.
View the full rich list here.
View the rich list methodology here.