biography
pronunciation:
[rakman]
| sex:
| male
|
| lived:
| (1919–62)
|
| biography:
| Property developer and landlord, born in Poland. He survived persecution as a Jew by the Nazis, and moved to Britain in 1946. After working in a factory he began to acquire property in London, letting rooms at exorbitant rents to prostitutes and West Indian tenants, whom no-one else would house. By 1959, many of his tenants took him to tribunal, and he was obliged to sell off his properties. He achieved notoriety after his death, when his creditors and family hunted in vain for his ‘missing million’. His name has given rise to the term Rachmanism, the exploitation of poor tenants by unscrupulous landlords. |
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