The world as we know today is a very rich place on average to say, but in reality world’s 80 % wealth is being controlled by 20% of world’s elite. So here is a roundup of Pakistan’s Top Ten richest people.
10 – Mr. Imran [Undisclosed Surname]
Ranking: 10 Worth: $250m Industry: Businessman
Mr Imran, wh? f?r 2 years now h?? failed t? ???????? h?? surname t? anyone ?n th? Business world and perhaps would like to stay anonymous, rumor h?? ?t that h? hails from Scotlands Northeast Aberdeen. H? hit the radar when acquired land ?n swamp valleys ?n 1000?s ?f acres ?n? converted it ?nt? prime residential lands. In 2008 h? announced profits exceeding £42.5m ($75m). His net assets are worth $240m ?? h?? strong investments ?n Dubai, Pakistan ?nd Scotland h??? seen h?m pull through a profit ?f $89m ?n th? past two years. He owns a luxurious palace like resident in Islamabad with all facilities of Gym, Sports Complex and more.
9 – Mr.Farooqui – [Dewan Mushtaq Group]
Ranking: 9 Worth: $400m Industry: Businessman
Mr Farooqui. Th? founder and mentor ?f the group h?? b??n th? Sindh Minister f?r Local Bodies. Industries, Labour, Transport, Mines & Minerals. Dewan Mushtaq Group ?? one ?f th? Pakistan’s l?rg??t industrial conglomerates ?n sectors ??k? polyester acrylic fiber, manufacturing ?n? automotives. Six ?f th??r companies ?r? listed ?t th? Karachi & stock Exchange ?nd one ?t th? Luxembourg bourse. Dewan Farooqui Motors assembles around 10,000 cars annually under technical license agreement w?th Hyundai ?nd Kia Motors ?f Korea. Th? Dewan Salman Fiber ?? th? pride ?f th?? empire ?? ?t ranks 11th ?n th? world ?n total production capacity. Th? group owns three material units, a motorcycle manufacturing concern ?nd th? l?rg??t sugar unit ?n th? country. Dewans ?l?? h??? business interests ?n India . Th?? possess dozens ?f millions ?f shares ?f Saudi Cement ?n? Pak land Cement. Th?? ???? h??? th? franchise licence f?r BMW ?n Pakistan ?nd now Rolls Royce showrooms.
8 – Rafiq Habib & Rasheed Habib [Habib Group]
Ranking: 8 Worth: $720m Industry: Businessman
Legend h?? ?t th?t th? Goddess ?f Wealth h?? b??n ?n ???? w?th th? seasoned Habibs more th?n anybody ???? ?n Pakistan . M??t pundits believe th?t Habibs ?wn ?t ????t 100 companies throughout th? world, b?t th??? content mega-tycoons never boast ?ff, something wh??h h?? m??? ?t uphill f?r m??t t? predict ?b??t th??r financial standing. Th?? industrial group w?? founded b? Seth Habib Mitha, born ?n 1878 t? Esmail Ali-a factory owner ?n Bombay . Th? financial strength ?f th? Habibs ??n b? gauged fr?m th? fact th?t Muhammad Ali Habib gave a cheque ?f Rs 80 million t? Quaid-e-Azam ?n 1948 ?t a time wh?n Pakistan government w?? penniless owing t? delay ?n transfer ?f Pakistan ‘s share ?f Rs. 750 million b? th? Reserve Bank ?f India . Th?? h?d offices ?n Europe ?n 1912. Th?? incorporated th? Habib Bank ?n 1941. Th?? ?wn th? Habib Bank A.G Zurich, Bank Al-Habib, Indus Motors assembling Corolla cars ?n? many dozens ?f units ?n sectors such ?? jute, paper sack, minerals, steel, tiles, synthetics sugar, glass, construction, concrete, farm autos, banking, oil, computers, music, paper, packages, leasing ?n? capital management. Habibs today ?r? headed b? Rafiq Habib ?n? Rashid Habib ?n two distinct groups. Wh?t m?k?? th?m extremely influential players ?f ?ll times ?? th? fact th?t f?r dozens ?f top businessmen today, Habib w?r? a myth once.
7 – Abdul Razzaq Yaqoob & Family [ARY Group]
Ranking: 7 Worth: $1billion Industry: Businessman
Mr Yaqoob ?? a prominent Pakistani expatriate businessman based ?n Dubai . H? ?? th? president ARY group ($1.5Billion turnover) ?n? World Memon Organization (WMO). H? ?? one ?f Pakistan ‘s b?????t media barons controlling around 7 channels. Besides th?? h? h?? a huge property holdings ?n Karachi , Islamabad ?nd Dubai amounting t? over $200m. H? ?? major ?n th? gold market ???? having around 20 outlets ?n Asia .
6 – Nasir Schon & Family [Schon Group]
Ranking: 6 Worth: $1billion Industry: Businessman
Nasir Schon ?? a prominent business leader ?f Pakistan ?n? th? CEO ?f Schon Group. Nasir Schon ?? th? son ?f Captain Ather Schon Hussain, ?n ex-pilot ?f PIA. Th? Schon family ?? one ?f th? few striving Muhajir Urdu business families ?n Pakistan . Starting ?ff ?n Singapore ?n 1982, th? peek ?f Schon group w?? ?n 1995 wh?n th?? owned National Fibres, Schon Bank, Schon Textiles ?nd Pak-China Fertizilers. Famous f?r th? trend-setting roundabout, Schon Circle , Nasir Schon ?? ???? known t? b? one ?f th? first people t? h??? a Rolls-Royce ?n Pakistan . Directors ?f Schon group flew t? Dubai ?n 1997 ?n exile ?ft?r th? dismissal ?f ex-Prime Minister Benazir Bhutto. Th? directors ?f Schon group w?r? known t? h??? close contacts w?th th? husband ?f former Prime Minister, Asif Zardari. Many assets ?f th? Schon group w?r? auctioned b? th? Nawaz Sharif government. Schon Group ?? th? ?n?? group ?n Pakistan wh? h?? paid th? government over 3 billion rupees ($65m) ?n order t? return fr?m exile. Living ?n Dubai gave Nasir Schon ?n opportunity t? ?t?rt businesses th?r?. Currently working ?n ?n $830 million real estate project known ?? Dubai lagoon, Schon group ?? ???? fighting t? y?t back th? assets th?? once lost. Currently, th? Schon group operates a pilot training center ?n Pakistan known ?? Schon Air. If hearing this story has inspired you to do some research into this selling rental property guide on Roofstock in the hopes of growing your real estate business, then go for it! You never know the outcome and you could end up being as successful as Nasir.
5 – Saddaruddin Hashwani [Hashwani Group]
Ranking: 5 Worth: $1.1billion Industry: Businessman
Saddaruddin Hashwani ?? Chairman Hashoo Group ?? known f?r h?? dominance ?n Pakistan ‘s hotel industry, though Hashwanis ?r? h??? strength ?n real estate business t??. Hashwanis ?r? involved ?n trading ?f cotton, grain ?n? steel ?nd till th? nationalization ?f cotton export ?n 1974, th?? w?r? widely being dubbed ?? th? Cotton Kings ?f Pakistan. Today, th?? group h?? excelled ?n export ?f rice, wheat, cotton ?n? barley. It owns textile units, besides having invested billions ?n mines, minerals. hotels, insurance, batteries, tobacco, residential properties, construction, engineering ?n? information technology.
4 – Nawaz Sharif & Shahbaz Sharif Family [Ittefaq Group]
Ranking: 4 Worth: $1.4billion Industry: Politics/Businessman
Mr Sharif Businessman turned politician th? former Prime Minister ?f Pakistan. H? w?? ousted ?n a military coup ?n 1999 ?n? w?? forced t? forfeit $9million dollars ?n? ??m? ?f h?? assets including h?? $5m Mansion ?? Raiwind near Lahore . Before becoming PM h? w?? a major share holder along w?th h?? brother ?nd cousins ?f Ittefaq Group, having assets well ?n excess ?f £50m ?n th? 90?s. H? build th? first motorway ?nd many n?w roads ?nd took heavy kickbacks. Today h? lives ?n Pakistan ?n? a leader ?f Pakistan Muslim League (N) political party. H? ?l?? h?? a big business empire ?n various sectors ?n Saudi Arabia.
3 – Anwar Pervaiz [Bestway Group]
Ranking: 3 Worth: £750m ($1.5billion) Industry: Businessman
Chairman ?f Bestway Group. Th? Bestway Group ?t?rt?? ?n 1976 w?th ?t? first Bestway cash ?nd carry warehouse opened ?n London . Today th? h??? ?n total around 50 Cash ?nd Carry’s. Including th??r recent takeover ?f rival group Batleys f?r around £100m. Bestway Group ventured ?nt? Pakistan ‘s h??? th? cement business ?n 1995 ?n? set up cement manufacturing plant ?n Pakistan ?t a cost ?f $120 million.Taking Advantage ?f Pakistan growing economy th?? ???? ??q??r?? a 25.5% stake ?n United Bank Limited ?n 2002. Today, th? Bestway Group h?? interests ?n cash & carry wholesale, property investments, retail outlets, milling ?f rice, lentils ?n? pulses, cement production ?n? more recently ?nt? banking. Th? group’s total sales amounted t? ?n excess ?f £ 2 billion. Th? group provides direct employment t? thousands ?n th? UK ?nd Pakistan.
1 – Mian Muhammad Mansha Yaha [Mansha Group]
Ranking: 1 Worth: $2.5billion Industry: Businessman
Mansha h?? around 40 companies ?n board. Mansha, wh? owns th? Muslim Commercial Bank ?? ???? setting up a $ 17m paper mill. H? ?? one ?f th? richest Pakistanis around. Nishat Group w?? country’s 15th richest family ?n 1970, 6th ?n 1990 ?n? Number 1 ?n 1997. Mansha ?? ?n th? board ?f nearly 50 companies. H? ?? deemed t? h??? m??? investments ?n many bourses, currency ?n? metal exchanges both within ?n? outside Pakistan . Nishat Group comprises ?f textiles, cement, leasing, insurance ?n? management companies. Nishat group assets ?r? $4.4Billion.