When you think of rich people, you probably imagine Elon Musk, Bill Gates, or Shahid Khan. What? You don’t know who that last one is? Then you’re probably not familiar with the Pakistani business scene. You’d be surprised how many billionaires come from that country. If you’re curious, you can start with this list of the top ten richest people in Pakistan.
List of 10 Richest People in Pakistan
1. Shahid Khan
Shahid Khan is a name that most Pakistanis associate with success and ambition. Despite his humble beginning, he quickly rose to global prominence through his knack for business.
Shahid Khan’s name first appeared on the map when he bought the automobile parts manufacturer Flex-N-Gate. He quickly turned it into an automotive giant that’s worth $8.89 billion and became one of the biggest suppliers of automotive parts on the market.
Here’s the thing: You can’t have a net worth of $12.9 billion without being a man of many tricks. Besides being a business entrepreneur, Shahid Khan is also a sports tycoon.
He’s the owner of the NFL’s Jacksonville Jaguars and the Fulham F.C. English football team. He’s also an investor in All Elite Wrestling (AEW).
So, like most people on this list, he doesn’t have one source of income.
2. Mian Muhammad Mansha
Mian Mansha is another prominent figure in the Pakistani landscape. Often referred to as Pakistan’s Mukesh Ambani (a wealthy businessman), Mansha comes from a business-oriented family.
So, it’s no wonder he’s become a top-tier industrialist, founding the prestigious Nishat Group. Under Mansha’s leadership, Nishat Group became the largest cotton clothes exporter in Pakistan.
As a man with a net worth of $5 billion, Mina Mansha has built an extensive empire that spans multiple industries. These include Nishat Hotels, Adamjee Group, Emporium Mall, MCB Bank, and more.
Mian Mansha’s influence extends beyond business, engaging in multiple philanthropic and social initiatives over the years.
3. Sadruddin Hashwani – The third in the list of 10 richest people in the world
Sadruddin Hashwani is a pioneer in the Pakistani business scene. He wanted to be an independent business owner right from the beginning.
That’s why he started his career founding a cotton trading company with his brother in the 1960s.
Now, Hashwani is the founder and CEO of the Hashoo Group, which includes Marriot Hotels, Pearl Continental, oil companies, and more. Unsurprisingly, the man has a net worth of $3.4 billion.
4. Sir Anwar Pervez
Like Shahid Khan, Anwar Pervez had a humble beginning, working as a telephone operator and a bus driver at the start of his career. However, with a strategic mind and unmatched determination, he managed to open his first grocery store, Kashmir.
That was the beginning of his rise to the top. Over time, Pervez expanded his business, covering numerous countries around the world. He also renamed his enterprise the Bestway Group.
As a man of innovation, resilience, and determination, Anwar Pervez has accumulated a massive fortune of $4.6 billion. He also earned the title of Officer of the British Empire in 1992.
5. Asif Ali Zardari
Asif Ali Zardari isn’t like any man on this list. He’s not just a business guru. He’s an established politician. In fact, he was the president of Pakistan from 2008 to 2013. He’s currently co-chairman of the Pakistan Peoples Party (PPP).
Zardari’s wealth, estimated at $1.8 billion, came from engaging in various business endeavors, including sugar mills, agriculture, and real estate.
Despite facing allegations of corruption and money laundering, Asif Ali Zardari remains a prominent figure in Pakistani politics and business.
6. Malik Riaz
Malik Riaz is a man who built an empire from nothing. He started his career as a clerk in a construction company. Although it wasn’t a fancy job by any means, it helped him in his entrepreneurial efforts.
You see, Riaz used the experience and knowledge he gained in that industry to start his own construction company, Bahria Town. The company is famous for its luxurious apartments, gated housing societies, and shopping malls.
Now, Bahria Town is the largest real estate developer in Pakistan, building housing communities in Rawalpindi, Lahore, Islamabad, and Karachi. With a net worth of $1.5 billion, it’s no wonder Malik Riaz is one of the richest people in Pakistan.
7. Syed Nasir Hussain Schon
If you’re following the Pakistani business scene, you probably know Nasir Schon as the leader of the Schon Group.
When he took over the company, Schon invested in various industries, including real estate, packaging, and textiles. He also expanded the company’s business, operating in Qatar, Oman, and UAE.
Most people know Nasir Schon as a businessman, but only a few know about his philanthropic endeavors. With a $1 billion fortune, he’s supported numerous charitable initiatives in Pakistan.
8. Rafiq M. Habib
Rafiq M. Habib has established himself as a force to be reckoned with in Pakistani business. He’s famous for heading the Habib Group. Although his grandfather founded the company, it was Rafiq who made it the powerhouse that it is today.
Rafiq’s leadership extends across various companies, including Shabbir Tiles & Ceramics Ltd., Habib Insurance Co. Ltd., and Thal Ltd. Heading House of Habib (Pvt) Ltd., he expanded the company’s operations to include Banking, Finance, and automation.
9. Tariq Sayeed Saigol
As his name suggests, Tariq Saigol is the head of the Saigol group. Did you think Rafiq Habib is heading too many companies? Wait until you see what Saigol can do.
That man leads Kohinoor Ginning Factory, Kohinoor Textile Mills, Kohinoor Sugar Mills, and Kohinoor Ghee Mills. He’s also the head of Saigol Computer, Azam Textile Mills, and United Chemicals Limited.
There’s more, but you get the idea. With that many companies, the Saigol Group managed to expand, operating in the U.S., the UK, and Canada.
Venturing in numerous business channels, Tariq Saigol accumulated a fortune of $900 million. Despite the overwhelming workload, he continues to show innovation and progress in all his endeavors.
The last one on the list of the 10 richest people in Pakistan:
Sultan 10. Ali Lakhani
As the head of the Lakson Group, Sultan Lakhani is more powerful than most people think. This group includes subsidiaries like Cybernet and McDonald’s, which already grants him a lot of influence.
However, he’s also the head of Express Media Group and Century Publication, which means he can control what these media channels broadcast to the people. Just because he’s in last place, with a net worth of $800 million, doesn’t mean you should take him lightly.
Wrapping Up 10 Richest People in Pakistan
Now you have a complete list of the top ten richest people in Pakistan. Everyone on this list has accumulated their wealth through innovation, determination, and perseverance.
Even the ones who inherited their family business have put in the effort to develop it and make it what it is today.
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