Who is the richest man in Pakistan? This question has been asked many times, and there is no one definitive answer. The richest man in Pakistan changes all the time, as new entrepreneurs and businessmen emerge with more wealth. But who are some of the richest people in Pakistan? And what do they do to amass their fortunes? Read on to find out.
Pakistan is a country with immense potential. The people on this list are just a glimpse of the talent and prosperity that exists in the country. With the right policies in place, there is no doubt that more Pakistanis will join this list in the years to come.
List Of Top 15 Richest People In Pakistan (2023)
Some of the richest people in Pakistan are business tycoons who have made their fortunes in industries like textiles, banking, and real estate. Others are members of powerful political families or have inherited their wealth. Here is a look at some of the richest people in Pakistan.
1. Mian Muhammad Mansha:
Mian Muhammad Mansha is the richest man in Pakistan, with an estimated net worth of $2.6 billion. He is the chairman and CEO of Nishat Group, one of Pakistan’s largest conglomerates. Mansha has diversified business interests in banking, insurance, textiles, cement, and power generation. He has also been a major investor in Pakistan’s stock market. Mansha was born into a family of Kashmiri merchants and started his career working for his father’s textile business. He later founded Nishat Mills, which quickly became one of the leading textile manufacturers in Pakistan. Nishat Group has since expanded into many other industries, making Mansha one of the most successful businessmen in the country. In addition to his business interests, Mansha is also a philanthropist and active in Pakistani politics. He is a member of the Pakistan Muslim League-Nawaz, and served as a senator from 2003 to 2006. Mansha is widely respected for his business acumen and commitment to Pakistan’s development.
Mian Muhammad Mansha is the richest man in Pakistan with a net worth of $2.6 billion. He is the chairman and CEO of the Nishat Group, one of Pakistan’s largest conglomerates with interests in textiles, banking, insurance, and cement. He also serves as the chairman of the Board of Investment.
2. Sadruddin Hashwani:
is a Pakistani business magnate and the chairman of the Hashoo Group, which has interests in hospitality, agriculture, real estate development and oil and gas exploration. He is also the owner of Marriott Hotels in Pakistan. As of 2015, he has an estimated net worth of US$3.4 billion.Sadruddin Hashwani was born in Karachi, Pakistan in 1941. He graduated from the University of Karachi with a degree in Commerce. He is married and has four children.Sadruddin Hashwani began his career as an entrepreneur in the 1960s.
He established the Hashoo Group in 1968, which has since grown into a diversified conglomerate with interests in hospitality, agriculture, real estate development and oil and gas exploration. The group’s flagship company, Pakistan Tourism Development Corporation (PTDC), was instrumental in developing the country’s tourism industry.Under Hashwani’s chairmanship, the PTDC developed the Marriott Hotel in Karachi, which opened in 1981.
3. Nawaz Sharif:
Nawaz Sharif is a Pakistani politician and business tycoon with a net worth of $1.4 billion. He served as the Prime Minister of Pakistan from 2013 to 2017. He also owns the Ittefaq Group, one of Pakistan’s largest conglomerates with interests in steel, sugar, and textiles.
4. Asif Ali Zardari:
Asif Ali Zardari is a Pakistani politician and businessman with a net worth of $1.8 billion.He served as Pakistan’s 11th President from 2008 to 2013. He is also the co-chairman of the Pakistan Peoples Party, one of Pakistan’s largest political parties.
5. Shahid Khan:
Shahid Khan is a Pakistani-American businessman with a net worth of $8.3 billion. He is the owner of the NFL’s Jacksonville Jaguars and Fulham F.C. of the English Premier League. He is also the founder and CEO of Flex-N-Gate, a leading supplier of automotive components.
6. Malik Riaz Hussain:
Malik Riaz Hussain is a Pakistani businessman with a net worth of $2.5 billion. He is the chairman and founder of Bahria Town, one of Pakistan’s largest real estate developers. He is also a major philanthropist and has donated over $100 million to charitable causes.
Malik Riaz Hussain is a Pakistani business magnate, investor, and philanthropist who is the founder and chairman of Bahria Town, the largest privately held real estate development company in Asia. He has an estimated net worth of $2.6 billion as of March 2019.
Riaz’s first business venture was a construction company called Bahria Town. The company initially focused on small-scale construction projects in Islamabad. However, it soon began to grow rapidly, and by the early 2000s, it had become one of the largest construction companies in Pakistan. In 2005, Bahria Town launched its first major real estate development project, called Bahria Town Lahore. The project was an instant success, and it helped to make Bahria Town one of the most successful real estate developers in Pakistan.
7. Nasir Schon
is the richest man in Pakistan. He is the founder and owner of the Schon Group, which is a conglomerate with interests in construction, real estate, hospitality, and education. Nasir Schon’s net worth is estimated to be $1.5 billion. Nasir Schon was born in Karachi, Pakistan, in 1954. He studied civil engineering at the University of Karachi and started his career as a contractor. He later diversified his business into construction, real estate, hospitality, and education. The Schon Group has completed many notable projects in Pakistan, including the Karachi Stock Exchange Tower and the Karachi International Airport. Nasir Schon is married and has four children. He is a philanthropist and has donated to many causes, including education and health care.
8.Sir Anwar Pervaiz :
is the richest man in Pakistan with a net worth of $8.6 billion. He is the chairman of Bestway Group, one of the largest private-sector conglomerates in Pakistan with interests in banking, cement, real estate, and healthcare. Sir Anwar Pervaiz was born in Karachi, Pakistan in 1946. He began his career as a civil servant in the Pakistan Administrative Service. In 1976, he left the civil service to join Bestway Group, a family-owned business. Under Sir Anwar’s leadership, Bestway Group has become one of the largest private-sector conglomerates in Pakistan. The group’s businesses include banking, cement, real estate, and healthcare. Sir Anwar Pervaiz is a philanthropist and a supporter of education. He is the chairman of the Bestway Foundation, which provides educational opportunities for disadvantaged young people in Pakistan.
9. Javed Afridi:
Javed Afridi is a Pakistani businessman with a net worth of $1.6 billion. He is the chairman and CEO of Haier Pakistan, a leading electronics manufacturer. He is also the owner of the Pakistan Super League franchise, peshawar zalmi.
10.Rafique. M .Habib
is the richest man in Pakistan. He is a self-made man who started his career as a small businessman and later went on to become one of the most successful businessmen in the country. Rafique. M .Habib has a net worth of $0.95 billion, which makes him the richest man in Pakistan.Raf ique. M .Habib is the chairman of the Habib Group, which is one of the largest business groups in Pakistan. The group has interests in banking, insurance, textiles, and sugar. Rafique. M .Habib also owns a number of other businesses, including a media company and a real estate development company.Rafique. M .Habib is a philanthropist and has donated millions of dollars to charity.
11.M. Habibullah Khan
is the richest man in Pakistan with a net worth of $1.25 billion. His income comes from a variety of sources, including the Hub Power Company, Pioneer Cement, Habib Dairy Company, and DP Pakistan Terminal. Khan is also the founder and chairman of Mega Conglomerate-Mega & Forbes Group of Companies (Mega Group-MFG), a diversified conglomerate with business holdings that include The country’s largest container terminal, third largest dairy producer, advanced cement manufacturing company, vertically integrated shipping company, and most progressive real estate developer who is the only L.E.E.D. Certified commercial building in Pakistan.
Tariq Saigol is the richest man in Pakistan, with a net worth of $0.9 billion. His source of income comes from the Kohinoor-Maple group, Saigol motors, and Sajeel motors. He has also invested heavily in the textile mills of Kohinoor and Pak electron, and the power company of Kohinoor.Saigol is a well-known philanthropist, and has donated large sums of money to various charitable causes. He is also a board member of the Saigol Foundation, which provides financial assistance to needy students.
13.Byram D. Avari
Byram D. Avari is the richest man in Pakistan, with an estimated net worth of $370 million. The Avari Group, which he chairs, is the first Pakistani company to have obtained international hotel management contracts. In addition to his business success, His income comes primarily from the Avari Hotels.
14.Dewan Yousuf Farooqui
Dewan Yousuf Farooqui is the richest man in Pakistan, with a net worth of $800 million. His primary source of income comes from his family’s conglomerate, Yousuf Dewan Companies. In addition to his business interests, Farooqui has also served as a provincial minister in Sindh province. He has held various portfolios, including those for local bodies, labor, transport, mines, and minerals. Given his vast experience in both the public and private sectors, it is no surprise that he is one of the wealthiest men in Pakistan.
Dawood is the Chairman of two publicly listed companies in Pakistan: the Dawood Hercules Corporation and Engro Corporation.With a net worth of $370 million, Hussain Dawood is one of the richest men in Pakistan. Dawood’s primary source of income is the Dawood Hercules Corporation, a conglomerate with interests in chemicals, fertilizers, and textiles.In addition to his business ventures, Dawood is also an active philanthropist and educationalist.Hussain Dawood is an inspiration to many in Pakistan and an example of what hard work and determination can achieve.Thanks to his success, Dawood has been able to help others through his philanthropic work and has contributed greatly to the development of Pakistan. Hussain Dawood is an exemplary Pakistani citizen and a true role model for the people of Pakistan.
The list of the richest people in Pakistan changes often, but these ten individuals are currently at the top. With a mix of businessmen, entrepreneurs, and heirs, this group has a combined net worth of over $19.5 billion. While their backgrounds and businesses vary, they all have one thing in common: They are among the wealthiest people in Pakistan. Who will be on next year’s list? Only time will tell.