In Pakistan, most people are middle or lower class, but some wealthy individuals have made it to the list of the world’s richest people. They are now competing with some of the richest Hollywood celebrities.Here is a list of the top 10 richest people in Pakistan
1. Shahid khan
Early Life and Education:
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. Shahid Khan came from a middle-class family in Lahore, where his family ran a construction business. In 1967, at the age of 16, he moved to the United States to study. He worked as a dishwasher for $1.20 an hour and later graduated from the UIC College of Engineering in 1971 with a degree in industrial engineering.
Business Life:
Shahid Khan started his own business and tried to buy a National Football League team, entering the sports world. He also made custom car bumpers for truck and body shop repairs. In 1980, he bought Flex-N-Gate Corporation and became the engineering director. Today, the company has 66 plants and over 24,000 employees.
- Religion: Islam
- Nationality: Pakistani
- Net Worth: $8.5 billion
- Source of Income: Owner of Flex-N-Gate,an automotive company,Jacksonville Jaguars,Fulham F.C and All Elite Wrestling
2. Anwar Pervaiz
Early Life and Education:
He is born in Pakistan in 1935. He is a British businessman. He is the creator and chairman of Best way Group.Anwar Pervez comes from a farming family in Rawalpindi. At 21, he moved to the UK in 1956. His first job was at PTCL, where he earned RS.96. In England, he worked as a bus conductor and driver. In 1963, he opened a convenience store in Kashmir, followed by ten more worldwide. He renamed his company Bestway in the early 1970s.
Business Life:
Anwar Pervez also ventured into steel, pharmaceuticals, and banking. He holds significant shares in United Bank Limited (UBL). He was declared the richest person in Pakistan in the UK, with a net worth of $4.6 billion.
- Religion: Islam
- Nationality: British
- Net Worth: $4.6 billion
- Source of Income: Owner of Bestway Group, UBL
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 began trading cotton, and his business grew into one of Pakistan’s largest enterprises. He owns the Hashoo Group and the Pearl-Continental Hotels and Resorts. He is one of the wealthiest people in Pakistan.
- Religion: Islam
- Nationality: Pakistani
- Net Worth: $3.9 billion
- Source of Income: Owner of Marriott Hotel, Pearl Continental Hotel, Orient Petroleum, Hashoo Group and Rimpa Plaza
4. Muhammad Mansha
Early Life and Education:
He is born in Pakistan in 1947. Muhammad Mansha is born in Chiniot, Punjab Pakistan. He is the CEO of Nishat groups.
In 1939, Mr. Mansha migrated to Bengal from Punjab with his family. In 1947, after the partition, he returned to Pakistan with his family. His father started a cotton business, which Mansha later turned into Nishat Textile Mills.
Business life:
He started his own business in 1951 and is the founder and CEO of the Nishat Group. Later, it became an international company based in Lahore. Mansha is also known for being the largest tax payer in Pakistan.
- Religion: Islam
- Nationality: Pakistani
- Net Worth: $3.8 billion
- Source of Income: Owner and CEO of Nishat Group, MCB Bank Ltd, Adamjee Group, Punjab Mineral Company PVT LTD, Civil Aviation Authority, D.G. Khan Cement Company, Board of Investment, Nishat Hotels and Nishat KIA Motors
5. Asif Ali Zardari
Early Life and Education:
He is born on July 26, 1955 in Karachi. He comes from a Baloch background, specifically the Jat clan, and speaks Sindhi. 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 have always been a question mark. He received his primary degree from Karachi Grammar School. In 1973, he went to St. Patrick’s High School. A clerk said that he failed his examination there. He professes to have a graduation degree from the London School of Business, but it has not been confirmed that he 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
- Net Worth: $2.5 billion
- Source of Income: Agriculture, Sugar Mills, Land, Real Estate, Steel Production and Tenders
6. Malik Riaz
Early Life and Education:
He is a business tycoon, and he is the founder of Bahria Town. In Asia, It is the largest private real estate development company. 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
- Net Worth: $1.8 billion
- Source of Income: Real Estate (Bahira town)
7. Main Nawaz Sharif
Early Life and Education:
He is 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
- Net Worth: $1.4 billion
- Source of Income: Real estate, Sharif group, Ittefaq Group, Sugar Mills, Agriculture Industry and Steel Production
8.Nasir Schon
Early Life and Education:
Nasir Schon is born on August 28, 1957, in Karachi, Pakistan, to a Pakistani-German family. His father, Captain Adam Schon, was a Pakistani of German descent, and his mother was a Pakistani citizen. He graduated from the University of Karachi with a degree in Business Administration.
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: Pakistani
- Net Worth: $1.2 billion
- Source of Income: Real Estate – Schon Properties and Dubai Lagoon (UAE)
9. Rafique M.habib
He was born in Karachi on November 7, 1944. Habib studied at St. Patrick High School and later earned a Diploma Course in Banking.
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
- Net Worth: $1.0 billion
- Source of Income: Habib bank limited, Habib metro, Habib public school and University, Indus Motors Company and Habib Insurance Company
10. Tariq Saigol
Tariq Saigol is born in 1949 in Lahore, Pakistan. He belongs to a prominent business family, the Saigol Group. He received his early education at the prestigious Aitchison College in Lahore and later attended the University of Punjab, where he earned a degree in Commerce
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
- Net Worth: $1.0 billion
- Source of Income: Kohinoor-Maple group, Saigol motors, Sajeel motors, Kohinoor Ghee Mills Limited Saigol Computers, Pak Elektron (PEL), Faisalabad Grammar School, Kohinoor Energy, Azam Textile Mills Limited, Lahore
