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Shaf Rasul is an Edinburgh based IT and property entrepreneur. He is one of Scotland’s most successful businessmen and according to the Sunday Times Rich List, has an estimated wealth of 48 million pounds. He considers himself a ‘serial entrepreneur’.
The son of a newsagent, Shaf studied corporate law at Strathclyde University. He chose not to follow a career in the Law and instead, decided to try his hand in business. He set out on his entrepreneurial journey in the early nineties. By 1999 Shaf Rasul was already a self-made multi-millionaire. In that year Shaf Rasul also formed E-Net computers. Ten years on the business is now the largest storage media distributor in Europe. It was also one the biggest buyers of optical storage products in the world. The business has developed partnerships with the world’s top optical media manufacturers and has retained supply agreements with a wide portfolio of web-stores and high-street retail chains.
A global import export hub in Dubai and a five million pound distribution centre at Edinburgh Airport were also established. This was to support the growth of the business which at one point recorded peak sales of 67.2 million pounds. As well as masterminding the growth of E-Net Computers, Shaf developed a venture capital investment portfolio, worth in the region of 30 million pounds, which focused on property, asset management and internet technology.
In 2006, Shaf Rasul was nominated for the Ernst and Young Scottish Young Entrepreneur of the Year Award and was ranked 19th in a Management Today’s 2008 survey of the UK’s top 100 entrepreneurs.
Shaf was included in the Asian 100, a list of the most successful members of the British Asian community.
His profile has steadily risen and Shaf featured in an online version of the BBC’s hugely successful Dragons Den, alongside American entrepreneur Julie Meyer and host Dominic Byrne of the Chris Moyles Radio 1 Breakfast Show. The show was screened weekly on BBC2.
Shaf Rasul was included in the Asian 100, a list of the most successful members of the British Asian community. He describes himself as fun, sharp, dynamic, innovative, creative, original, and a complete workaholic.
Despite being one of Scotland’s busiest and most successful entrepreneurs, Shaf still finds time to pursue other interests. These include business mentoring and motor sport. He also started writing a regular business column in The Scottish Sun newspaper.
