TOP 10 RICHEST PEOPLE OF PAKISTAN

Mr. Shahid Khan is an American businessman born in Pakistan who is declared the richest people in Pakistan in 2019 with a net worth of $8.3 billion. Born in 1950, Shahid Khan belonged to Lahore’s middle-class family and moved for higher studies to the United States (US) in 1967. The first job of Mr. Shahid Khan at a local restaurant was washing dishes that cost just over $1 an hour.

1 Shahid Khan

Shahid Khan

Source of income Jacksonville Jaguars, Fulham F.C, All Elite Wrestling, Flex-N-Gate, etc.

Net worth of $8.3 billion

 

When he started his own Business, Shahid Khan, a man of a strong will and a charismatic personality, jumped the steps to success. Khan began making one-piece car bumpers in 1978 for customized pickup trucks and body shop repairs.

Shahid bought Flex-N-Gate Corporation two years later, in 1980, the organization he first entered as an engineering director. The entire company now has 66 plants and more than 24,000 employees worldwide.

The owner of Jacksonville Jaguars from the NFL and Fulham F.C from the English Premier League team is ranked 61st on the 2019 Forbes Billionaires list. He’s also launched All Elite Wrestling with his son Tony

2 Mian Mansha

Mian Mansha

Net worth: $2.7 billion

Source of income Nishat Group, MCB-Ltd, Adamjee Group, Nishat Chunian Group, DG Khan Cement

The first billionaire from Pakistan. Mian Mansha was Born during the turbulent 1947 Partition, when his parents were among the Muslim families who made the trek from India to Pakistan. In 1951, with Nishat Mills, their father and uncles jumped into textiles. Mansha went to college in the UK; he joined the family business after graduation. Mansha’s Nishat Group is now Pakistan’s largest exporter of cotton clothing (for brands such as Gap) and the largest private employer nationwide; it also invests in power plants, cement, and insurance. Good bet in banking: The MCB (Muslim Commercial Bank) won a controversial bid during the privatization campaign of the country in 1991.

He is the owner of the Muslim Commercial Bank (MCB), one of the most profitable private banks in Pakistan. Mian is also the founder and chief executive of the multinational conglomerate Nishat Group based in Lahore. The Nishat Group also collaborated with Hyundai Motor in assembling the vehicles in Pakistan from Japan.

Mian Mansha also controls Adamjee Group, Nishat Chunian Power & Nishat Company, DG Khan Cements, and investments in the transport sector. In Pakistan’s big-budget infrastructure projects, including seaports and energy production, Mansh has also invested his presence.

3 Sir Anwar Pervaiz

Sir Anwar Pervaiz

Net worth: $4.6 billion

Source of income Bestway Group, UBL

He has made it to one of the top 10 richest People in Pakistan. The Pervez life story is written with sheer hard work and sincerity, just like many other successful people. Mr. Anwar attributes his success to “one percent chance, 99 percent discipline, and integrity.” He was born in 1935 in a small town in Punjab, and was part of a low-income family. He used to go barefooted to school.

Upon done Anwar moved to the United Kingdom in the 1950s, at the age of 21, and began working as a bus driver in Bradford. Pervez had enough money to introduce his other family members to Britain after serving as a driver for five years.

Their company also deals with the steel, banking, and pharmaceutical industries. Anwar Pervez is also a major shareholder in United Bank Limited (UBL). Anwar Pervez is the UK’s richest Pakistani, with $4.6 billion in net worth.

He is (age 82) is a very eminent personality in the United Kingdom . Anwar Pervez was knighted for his work by the Queen in 1999 and is also a lifetime member of the House of Lords.

Mr. Pervez has also won many UK awards for his support and successful business practices such as the Year’s EMMA Business Personality, the Barclays Business & Commerce Quality Award, and the Outstanding Business Achievement Grocer Cup.

4 Saddrudin Hashwani

Saddrudin Hashwani

Net worth $3.4 billion

Source of income Marriott Hotel, Pearl Continental Hotel, Orient Petroleum

Mr. Sadruddin Hashwani began trading in Cotton in 1960 and today his industrial group is one of the country’s largest portfolio groups in Pakistan as diverse as Real Estate, Oil & Gas, Hospitality, IT, Ceramics, and Pharmaceuticals.  He is known today as the world’s leading figure in the hospitality industry and has been awarded many prizes including a gold medal for distinguished services to the hospitality industry in Pakistan.

Hashoo Group was founded by Hashwani in the 1960s and is a global company comprising more than 20 independently operated businesses. Hashoo Group operates across three continents, headquartered in Pakistan, with a goal to ensure long-term sustainability, increase shareholder value, create career opportunities, and actively support community development where it operates.

His group’s Pearl Continental Hotels and Marriot Hotels are industry standards in Pakistan for the hospitality industry. The Hashoo Group also expanded into social entrepreneurship where it produced laurels worldwide.

Sadruddin Hashwani receive the Sitara-e-Imtiaz, the third-highest civilian award in Pakistan

5 Asif Ali Zardari

Asif Ali Zardari

Net Worth  $1.8 billion

Source of income Diversified, Agriculture, and Real Estate,

He is a $1.8 billion net worth Pakistani politician. Zardari is one of the top 10 richest people in Pakistan.  He previously served as Pakistan’s 11th President from 2008 to 2013 and is now the Pakistan Peoples Party’s co-chairman.

Nevertheless, before he entered politics, he began to produce his money. The bulk of their fortune of Zardari comes from Pakistan’s sugar mills, as well as other businesses in which he is involved. After the assassination of Asif Ali Zardari’s wife, Benazir Bhutto, who served as Pakistan’s prime minister in the 1990s, Zardari became country president.

The calculation, however, does not include Zardari recorded states in Surrey, London’s West End, Normandy, Manhattan (a Belaire Apartments condominium), and Dubai, as well as a Normandy chateau of the 16th century.

6 Malik Riaz

Malik Riaz

Net worth: $1.5 billion

Source of Income Bahria-Town

Malik Riaz is a Pakistani real estate tycoon, who is the director of the Bahria Group. Born to an unsuccessful contractor, due to ups and downs in his company, Malik Riaz was unable to continue his studies after Matriculation. He began working with the Military Engineering Service as a clerk after matric. Malik set up his contacts there and learned to work with the system.

Riaz later set up a construction company under Hussain Global’s banner in 1995. Malik Riaz signed an agreement with the charitable trust of the Pakistan Navy, known as the Bahria Foundation, to establish a gated community known as Bahria City, with the aid of his contacts. The entire shareholding was transferred to Malik Riaz by the Pakistan Navy in 2000.

7 Mian M. Nawaz Sharif

Mian M. Nawaz Sharif

Net worth: $1.4 billion

Source of Income Sharif Group, Ittefaq Group, Real Estate

Former Prime Minister of Pakistan, Mian Nawaz Sharif is also one of the top 10 richest people in Pakistan. He’s the director of Ittefaq, Pakistan’s leading steel producer. But the family of Nawaz also invests in the food, sugar, and transportation industries. His net worth is as high as $1.4 billion. The estimate does not include his undeclared properties, especially those in England, UAE, and the U.S.

Nawaz is believe to have collect a massive fortune during his administration. Nawaz figures of net worth do not include his undeclared property in the United Kingdom, the UAE, and the United States. To date, there has not been an accurate estimate of Nawaz’s total wealth.

8th Richest People Nasir Schon

Nasir Schon  

Net worth: $1 billion

Source of Income Schon Properties

Nasir Schon, together with his brother Tahir, is the owner of Schon Properties. Schon Group was Founded in 1971, the company was a tremendous success when it launched its UAE real estate projects. In the UAE, their company received many awards including the CNBC Arabian Property Award and the Bestway Office Design Award. Nasir is the sixth richest man in Pakistan with a net worth of $1 billion.

9 Rafique. M . Habib 

Rafique. M .Habib 

Net worth: $0.95 billion

Source of Income Habib Bank Limited, Habib Metro, Habib University, Indus Motors Company

House of Habib’s leading man is the most famous name in Pakistan’s business sector. Rafique. M . Habib is also one of the top 10 richest people in Pakistan. Their business group owns multiple companies such as Habib Bank Limited, Habib Metro, Habib Public School, Habib University, Indus Motors Company, and many more. Mr. Habib is Pakistan’s 9th richest man with a total net worth of $0.95 billion.

10  Tariq Saigol

Tariq Saigol

Net worth: $0.9 billion

Source of income Kohinoor-Maple group, Saigol Motors, and Sajeel Motors, Kohinoor textile mills & power company

Tariq Saigol – the owner of the Kohinoor-Maple company, Saigol engines, and Sajeel engines – ranks 10th on the list of Pakistan’s wealthiest $0.9 billion net businessmen. Mr. Tariq has also invested heavily in the textile mills of Kohinoor, Pak Electron, and the power company of Kohinoor. He also ranks no 10 among the top 10 richest people in Pakistan.

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