Introduction:
In Pakistan, mostly the people are middle class or lower class, but some wealthy people are able to enlist their name in the world’s richest men. Some of thems are now able to compete some richest hollywood celebrities. There is a list of the top 10 richest people of Pakistan.
1. Shahid khan:
Shahid Khan is born in Pakistan. He is an American businessman and declared the richest person in Pakistan with $8.5 billion net worth in 2019.
Early life and education:
Shahid khan belongs to a middle-class family in Lahore. His family runs a business in the construction industry. In 1967, he moved to the united state at the age of 16 to study. There, he gets a job washing dishes for $1.2 an hour. He graduated from UIC College of Engineering, in 1971, earned his BSc degree in industrial engineering.
Business life:
When he started his own business, he first attempts to purchase a National football league team, and he steps into the sports world. On the other hand, he starts making customized one piece of car bumpers for truck and body shop repairs.
In 1980, he bought Flex-N- Gate Corporation and worked as an engineering director. Now this company consists of 66 plants and has more than 24,000 workers.
Religion:
- Islam
Nationality:
- Pakistani
Source of income:
His source of income is Flex-N-Gate it’s an automotive company. He also own Jacksonville Jaguars, Fulham F.C., and co-owner of All Elite Wrestling.
Net worth:
$8.5 billion
2. Anwar Pervaiz
He is born- Pakistan in 1935. He is a British businessman. He is the creator and chairman of Best way Group.
Early life and education:
He belongs to a farming family in Rawalpindi. He moved to the U.K. in 1956 at the age of 21. He did his first job at PTCL for Rs96. When he migrated to England, he becomes a bus conductor and driver. Firstly, He established a convenience store in Kashmir, 1963. After it, he operates ten convenience store around the world. He changes the name of his company to Bestway in the early seventies.
Business life:
He also did Business in steel, the pharmaceutical industry, and banking. He has significant shares in United bank Limited UBL. Anwar was declared the most affluent person in Pakistan in the U.K. with a $4.6 billion net income.
Religion:
- Islam
Nationality:
- British
Source of income:
- Bestway Group
- UBL
Net income
$4.6 billion
3. Sadruddin Hashwani:
Early life and education:
He is born in Karachi and belongs to a Persian Khoja Shia family. He studied at the University of Karachi.
Business life:
In 1960, he started trading cotton, and now his group of industries became one of Pakistan’s largest enterprises. He owed Hashoo group and pearl- continental hostel and Resorts. He is one of the affluent people in Pakistan.
Religion:
- Islam
Nationality:
- Pakistani
Source of income:
- Marriott Hotel
- Pearl Continental Hotel
- Orient Petroleum
- Hashoo Group
- Rimpa Plaza
Net income:
$3.9 billion
4. Muhammad Mansha
Early life and education:
In 1939, Mr. Mansha migrated to Bengal from Punjab with his family. In 1947, after the partition, he came back to Pakistan with his family. His father starts a cotton business, which is then turned into Nishat textile Mills by mansha.
Business life:
He started his own Business in 1951, and he is the founder and CEO of Nishat groups. Later on, this became an international company, and it is based in Lahore. Mansha is also famous for the largest tax-paying in Pakistan.
Religion:
- Islam
Nationality:
- Pakistani
Source of income:
- Nishat Group,
- MCB Bank Ltd,
- Adamjee Group
- Punjab Mineral Company (Pvt.)
- Limited, Civil Aviation Authority,
- D.G. Khan Cement Company
- Board of Investment
- Nishat Hotels
- Nishat KIA Motors,
Net income:
$3.8 billion
5. Asif Ali Zardari
Early life and education:
He is born on July 26, 1955, in Karachi. His origin is Baloch, and he belongs to a Jat clan, and he is Sindhi-speaking. He is the only son of tribal chief hakim, Ali Zardari.
When he was young, he was an athlete of polo and boxing and also led a polo team named Zardari four. His father owns a famous cinema in Karachi named bambino. In 1969, in salgira movie, he appeared as a child artist.
His qualifications and academic background is always a question mark. He received his primary degree from Karachi grammar school. In 1973 he went to S.T. Pattrick’s high school. A clerk said that he was failed his examination here. He professes that he had his graduation degree from the London School of Business. But has not been confirmed that he has passed that degree.
Business life:
He joined politics and began to produce money. A large source of income from Pakistan’s sugar mills. He is a famous politician, and he becomes renowned after marrying Benazir Bhutto, who served Pakistan as prime minister in the 1990s.
Religion:
- Islam
Nationality:
- Pakistani
Source of income:
- Agriculture,
- Sugar Mills
- Land
- Real Estate
- Steel Production
- Tenders
Net income:
$2.5 billion
6. Malik Riaz
He is a business tycoon, and he is the founder of Bahria Town. In Asia, It is the largest private real estate development company.
Early life and education:
Malik Riaz was born on February 8, 1954, in Pakistan. He was born to an unfortunate contractor due to some ups and downs. He was forced to drop out the college. After that, he works at military Engineering services as a clerk.
Business life:
He started his own construction company in 1995, with Hussain global’s banner. Malik Riaz signed a contract with the Navy. Raiz uses his contacts with the Navy and develops two housing schemes known as Bahria Foundation in Rawalpindi. Later on, these communities know as Bahria city.
Religion:
- Islam
Nationality:
- Pakistani
Source of income:
- Real Estate (Bahira town)
Net income:
$1.8 billion
7. Main Nawaz Sharif
Early life and education:
He was born and raised into an upper middle class called the sharif family. At government college, he studied Business. At the University of Punjab, he studied law. Later that, he was appointed as a finance minister by President Zia. In 1985, Later on, Nawaz Sharif was appointed as Chief Minister of Punjab.
Business life:
He is a famous politician and ex-prime minister of Pakistan. Most of his money is generated through steel construction. He is director of Ittefaq Group. His family invests in food and sugar mills. Later on he invests in the real estate business. He is one of the wealthiest person in Pakistan.
Religion:
- Islam
Nationality:
- Pakistani
Source of income
- Real estate
- Sharif group
- Ittefaq Group
- Sugar Mills
- Agriculture Industry
- Steel Production
Net income:
$1.4 billion
8.Nasir Schon
Business life:
In 1971, the family of Nasir Schon developed a real estate company in Singapore. Later on, Nasir Schon and his brother become the owner of their company. The company performed a lot of tasks in Dubai. In UAE, the company also earned a lot of awards.
Religion:
- Islam
Nationality:
- Singapore, Pakistani
Source of income:
- Real Estate – Schon Properties
- Dubai Lagon (UAE).
Net income:
$1.2 billion
9. Rafique M.habib
He is chairmen for Habib Insurance co.Ltd and he is also the chairperson of thal Ltd , Chairmen at the house of Habib, Chairmen of shabbier tiles and ceramics.
Business life:
Rafique M.habib is the most known personality in the business sector and in Pakistan. He is one of the richest persons in Pakistan. He owned many business sectors like Habib Bank, Habib Metro, Indus Motors etc.
Religion:
- Islam
Nationality:
- Pakistani
Source of income
- Habib bank limited
- Habib metro
- Habib public school and University
- Indus Motors Company
- Habib Insurance Company
Habib bank limited, habib metro , habib University, indus motors Company.
Net income:
$1.0 billion
10. Tariq Saigol
The father of Tariq Saigol was the founder of Saigol group and it is also called Kohinoor group. He is one of the most affluent people in Pakistan.
Business life:
The saigol family originally belonged to farmers from a small place known as khotian. His father opened a shoe shop. Later on, it turns into a rubber shoe factory.
Tariq saigol is the eldest brother among them and is now head of Kohinoor- maple group.
Religion:
- Islam
Nationality:
- Pakistani
Source of income:
- Kohinoor-Maple group
- Saigol motors
- Sajeel motors
- Kohinoor Ghee Mills LimitedSaigol Computers
- Pak Elektron (PEL)
- Faisalabad Grammar School
- Kohinoor Energy
- Azam Textile Mills Limited, Lahore
- Kohinoor textile mills & power company
- Maple Leaf Cement
Net income:
$0.95 billion
Conclusion:
May this list of the top ten richest men in Pakistan will help you know about the business industry. Pakistan’s richest man is Shahid khan, with a net worth of $8.5 billion. He is the wealthiest person in Pakistan. The list of these richest men is based on the assets that are shown publicly by them.
