Alex Michelin
Age: 29
Company: Finchatton
Finchatton properties are statements of wealth: if Ferrari made apartments it’d make them like Finchatton does. From bullet-proof glass to wireless networked sound systems, every property incorporates the latest technology and designs. Having worked in mergers and acquisitions for HSBC and a VC fund for startups, Michelin and co-founder Andrew Dunn raised £3m in private equity and started work on his first property in 2002. With developments ranging from £3 to £8m and the banks happy to provide up to 70% finance, turnover will hit £15m this year with profits of 15% to 25% per property. Future plans include overseas developments and a New York-style luxury serviced apartment block in London.