Graham King, dubbed the “Migrant Hotel King,” has made headlines as his company rakes in £4.8 million per day, positioning him as a potential billionaire. King’s firm, Clearsprings Ready Homes, has a government contract to house asylum seekers across hotels, unused military barracks, and other accommodations in the UK—a contract that may last until 2029.
Initially starting with a caravan park and nightclubs, King moved into the asylum accommodation business in 1999, securing multiple lucrative contracts. Despite mounting concerns regarding accommodation conditions, particularly at sites described as “decrepit,” King’s company has thrived, reporting £91.2 million in profits last year. King is criticized for the quality of his facilities, with some locations deemed inadequate and unhygienic by inspectors. As taxpayer money continues funding such contracts, there is growing pressure on the UK government to address both the fiscal and humanitarian costs of outsourcing asylum housing.
