Richest men in Pakistan
Ever wondered who are the top richest men in Pakistan? Or who is the richest man in Pakistan?
Most of us probably don’t know that Pakistan has billionaires due to the fact that it is a developing nation and most of its population falls in the middle and lower class.
However, in producing billionaires, Pakistan is far ahead of many other developing nations. Pakistan has brought forth billionaire who presence and excellence are known worldwide.
The enchanted soil of this nation gives perseverance, patience, and energy to try and come to the top. Pakistan’s rich soil gives a horde of opportunities to its population to make fortunes.
Furthermore, in Pakistan, the labor is cheap and in abundance, which helps the entrepreneurs to scale up their production and operations enormously.
When you become the market leader, the rest is history as you can acquire through putting resources into innumerable different ventures. This is what the top 1% in Pakistan is doing.
List of Top 10 richest men in Pakistan. The Billionaires club!
1. Shahid Khan
Net worth: $8.5 billion.
Date of Birth: July 18, 1950
Major Businesses: Flex-N-Gate, Jacksonville Jaguars , Fulham F.C. , All Elite Wrestling (AEW).
In the top 10 richest men of Pakistan, Shahid Khan comes first. He moved to the Us at the age of 16 for higher education and is a graduate of UIUC College of Engineering with a BSc in Industrial Engineering.
He did certain odd jobs before getting into his professional career at an automotive organization. It was at that time when the young Shahid imagined his own business of providing vehicle bumpers for altered vehicles and pickup trucks.
He purchased the organization where he worked as an employer, Flex-N-Gate Corporation developing it into an organization worth $8.89 billion out of 2020 having manufacturing plants in the US, China, Argentina, Spain, Germany, Mexico, and Canada. Shahid Khan is now considered one of the greatest worldwide providers of auto parts.
A games devotee, Shahid Khan likewise possesses NFL group Jacksonville Jaguars, London soccer club Fulham F.C. what’s more, he is a major financier behind the expert wrestling advancement All Elite Wrestling (AEW). The obtaining of Four Seasons Hotel Toronto altogether expanded the enormous abundance of Shahid Khan. With a total asset of $8.5 billion, Shahid Khan positions as the top richest men in Pakistan in 2021.
2. Sir Anwar Pervez
Net Worth: US$3.75 billion
Date of Birth: 15 March 1935
Major Business: Bestway Group
The family background of Mohammad Anwar Pervez is agriculture. In 1956, at 21 years old, young Anwar Pervez relocated to England to take a stab.
After battling for quite a long time, working as a phone administrator, transport conductor, and driver at last Anwar Pervez opened his first supermarket, Kashmir, for the Muslim people group in London in 1963.
Later, Anwar Pervez renamed the store Kashmir to Bestway. Furthermore, the store proceeded to turn into one of the UK’s biggest chains of wholesalers. The brand possesses as much as 18% of the UK’s portion of the overall industry of wholesalers.
Sir Anwer Pervez was bestowed with the title of Officer of the Order of the British Empire in 1992 and a Knight Bachelor in 1999.
In 2000 the Pakistani government presented Sir Pervez with Hilal-e-Pakistan for his services as a Pakistani in the UK.
3. Mian Mansha
Net Worth: $3.7 billion
Date of Birth: December 1, 1947
Major Business: Nishat Finishing Mills, Nishat Capital Management, Trust Management Services, Trust Management Services, Chunian Fibre, Nishat Europe, Newbery Mansha, Maple Leaf Electric Company, D G Khan Electric Company
The major business tycoon from Pakistan, Mian Mansha is third in the list of richest men in Pakistan who was born during the violent 1947 Partition. His family was among the Muslim families who migrated from India to Pakistan during the partition.
In 1951, with Nishat Mills, his family entered into the business of textile. Mian went to England for education and graduated from Hendon College. After graduation, he returned to Pakistan to run his family business.
His Nishat Group is presently Pakistan’s biggest exporter of cotton clothing (for brands like Gap). Furthermore, he is the biggest private employer in Pakistan.
In addition to the textile business, Mian has also invested in power plants, cement, and insurance businesses.
Mian Mansha is also the owner of the Muslim commercial bank, one of the largest and most profitable banks in Pakistan.
Likewise, he is also the founder and owner of Nishat Group. The Nishat Group likewise worked together with Hyundai Motor in gathering the vehicles from Japan in Pakistan.
Also, Mian Mansha controls Adamjee Group, Nishat Chunian Power and Nishat Company, DG Khan Cements. He has also contributed to Pakistan’s huge financial plan framework projects, including seaports and energy creation.
4. Sadruddin Hashwani
Net Worth: US$3.1 billion
Date of Birth: February 19, 1940
Major Business: Hashoo Group
Sadruddin Hashwani started his business by setting up an organization in 1960 alongside his sibling which turned into the country’s biggest cotton exporting organization by the 1970s.
Hashwani started the goliath Hashoo Group under which Pear Continental Hotels, Marriot Hotels, oil and gas organizations, and drug organizations work.
He is also a writer and published his first book “Truth Always Prevails” which was a big hit. Sadruddin Hashwani has additionally been awarded the Nishan-e-Imtiaz for his honorable services in Pakistan’s business area.
5. Malik Riaz (Richest men in Pakistan)
Net Worth: $1.5 billion
Date of Birth: February 8, 1954
Major Business: Bahria Town
When it comes to the top ten richest people of Pakistan, the name of Malik Riaz has to be in it. It’s amazing to see that he started his career as a clerk in a construction company.
However, it was his vision and experience about the construction business that allowed him to establish his own construction company in 1980s
His first significant venture was to construct a gated local area for naval workers, after which he named his development projects as “BAHRIA”.
Bahria Town houses are now available in Rawalpindi, Lahore, Islamabad, and Karachi. Bahria Town is the biggest housing society in Asia. Malik Riaz is additionally engaged with altruistic work and does a huge amount of charity work for the welfare of the people.
6. Asif Ali Zardari
Net Worth: $1.8 billion
Date of Birth: July 26, 1955
Major Business: Agriculture, Real estate
One of the most recognizable names in Pakistan, Asif Ali Zardari is also among the top ten richest men in Pakistan. He has served as the President of Pakistan from 2008 to 2013 and is now the Pakistan Peoples Party’s co-chairman.
Nonetheless, it was not until his union with Benazir Bhutto Late (former Prime minister of Pakistan) that he stood out enough to be noticed. That marriage denoted the start of his political profession.
He filled in as the President of Pakistan from 2008 to 2013. He likewise holds the position of co-chairman of the Pakistan People’s Party (PPP), the second-biggest ideological group in the country.
Asif Ali Zardari has investments in agriculture, real estate, food and beverages, and other sectors.
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7. Nawaz Sharif
Net Worth: US$1.6 Billion
Date of Birth: December 25, 1949
Major Business: Ittefaq Group, Sharif Group
We have another political figure on the list of richest men in Pakista, Mian Muhammad Nawaz Sharif. Nawaz was born in an affluent family in Lahore.
Before joining politics and holding a public office, he privately run a company with his father Notwithstanding, his business achieved new statures as he progressed in politics.
The family owns Ittefaq Group, a goliath steel company, maintains a land business, and also owns the Sharif Group. He has filled in as the Prime Minister of Pakistan for over 9 years.
While he was holding the position of Prime Minister, he was overthrown from his seat owing to his name appearing in the Panama Leaks in 2017.
He was sent to jail in corruption-related cases. However, in October 2018, he was allowed to travel to London for a checkup of heart-related problems. Presently, he lives in London where he is apparently treated for heart-related issues.
8. Nasir Schon
Net Worth: $1 billion
Date of Birth: November 28, 1957
Major Business: Schön Properties
Nasir Schon is one of the recognized names in Pakistan’s business. The main figure of Schon Group, Nasir Schon positions among the top richest men in Pakistan. Schon Group is a colossal conglomerate and engulfs a wide range of businesses including Schon properties, Dubai Lagoon, Schon Business Park, and iSuites.
9. Abdul Razzak Yaqoob
Net Worth: $950 Million
Major Business: ARY Group
He is the proprietor of ARY Group that incorporates a major media house, real estate, jewelry brand, and numerous different organizations.
ARY Group additionally possesses the noticeable team of PSL, Karachi Kings. Abdul Razzak Yaqoob additionally stands firm on the footing of the head of the World Memon Organization. Apart from business, the group is involved in large philanthropic projects.
10. Tariq Saigol
Net Worth: $900 million
Major Business: The Saigol Group
The Saigol Group, headed by Tariq Saigol is a huge conglomerate under which several other organizations work. Saigol family maintained a business even before the independence of Pakistan.
The Saigol Group owns various organizations in different fields. These organizations include; Saigol Computers, Kohinoor Textile Mills, Kohinoor Sugar Mills, Kohinoor Ginning Factory, Kohinoor Ghee Mills, Azam Textile Mills, Maple Leaf Cement, and United Chemicals Limited.
Conclusion: (Richest men in Pakistan)
In this article we discussed the top ten richest men in Pakistan their wealth and businesses which they operate in. These men achieved this status after a long and strenuous struggle thus a attaining such standards of success. Tell us in the comments who inspired you the most and how?