I’m Britain’s richest gypsy but I nearly lost everything – I took drastic action to turn my life around, says Alfie Best

Britain’s richest gypsy opened up about the moment he was left asleep in his van for fear he would lose everything.

Alfie Best, 53, has spent decades building his empire and is on track to be crowned the world’s first gypsy billionaire.

Alfie Best has spoken out at the time he was forced to sleep in his van


Alfie Best has spoken out at the time he was forced to sleep in his vanPhoto credit: Vandercom Films
Britain's richest gypsy said there was a point in his life when he feared he had lost everything


Britain’s richest gypsy said there was a point in his life when he feared he had lost everythingPhoto credit: Vandercom Films

But he has admitted his journey to the top hasn’t always been smooth.

The father of two had just started his first business when a recession wreaked havoc on his finances.

In a new film about his life, titled Gypsy Billionaire, which premieres this Friday, Alfie said: “I’ve never faced a recession – it took me from a millionaire to a virtual bankruptcy.”

It was the early 1990s and the young entrepreneur had recently opened his first business – a van hire center and dealership in London’s Forest Gate.

Alfie explained: “I was in a terrible situation called negative justice. I had never heard of those expressions and words.”

“It means your house is worth less than you owe the bank. And I didn’t realize it at the time, but that was my saving grace because it stopped the banks from repossessing my property.”

The 53-year-old said he took quick action to try to salvage his possessions – and has gone without a roof over his head for three months in the meantime.

Alfie explained: “I moved out of the house, sold the car, sold any inventory I had off the field, put a mattress in the back of the trailer, slept in the trailer and rented the house out.” left, split it up into small units, rented them out and paid my mortgages.”

He said the pressure even got him hospitalized after he fell to the ground at work.

“In my office at Forest Gate I have never forgotten it to this day, every time I talk about it my hair stands on end.

“But when I was 20, I was mumbling and I collapsed on my desk from the stress.

“Challenging times to say the least.”

In the film, which premieres in Cannes, Alfie’s daughter Elizabeth tells how she left school at 11 – and is now following in her father’s footsteps.

The 27-year-old is parks manager for Wlydecrest Parks – which is how Alfie started from scratch and made his millions.

His staggering net worth comes from the residential car park empire, which raked in £32million last year alone.

Earlier this year, Sun reporter Jemma got a glimpse of a normal day in Alfie’s high-flying life.

She saw him travel across the country in his personalized helicopter – designed by James Bond’s favorite car maker, Aston Martin.

Alfie is now on course to become Britain's first billionaire gypsy


Alfie is now on course to become Britain’s first billionaire gypsyPhoto credit: Darren Fletcher

Edmuns DeMars

Edmund DeMarche is a USTimesPost U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. Edmund DeMarche joined USTimesPost in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing edmund@ustimespost.com.

Related Articles

Back to top button