Focus: Online betting
Imraan Malik
Age: 28
Company: iBetX
Still in its first full year of trading, iBetX has muscled its way into the thriving but competitive world of betting exchanges. Started with a £3m personal investment from Malik and cofounder Rocky Mirza, iBetX has grown by 90% from this time last year and is turning over £7-10m a week. Already on a par with the longer established Betdaq and Sporting Options, iBetX’s is the world’s fastest-growing exchange.
2016 update:
The company has since dissolved, with its last accounts filed in October 2010 and its latest annual returns in September 2012.