Many people in our country have helped Pakistan become a developing country with their skills and contributions. Pakistan stands as the poorest country in the world in the global ranking. Nonetheless, there are still richest people in Pakistan. In this article, we will discuss about top 10 Richest men in Pakistan, along with their net worth and sources of income. To explore the business landscape further, check out our article on the top business groups and companies in Pakistan.

Who are the Top 10 Richest Men In Pakistan?

In a land known for its rich history and vibrant culture, Pakistan is also home to a selected group of individuals who have gained considerable wealth through their diverse businesses. Many people in our country have helped Pakistan become a developing country with their skills and contributions. Pakistan is not very rich because it faces terrorism and lacks continuous development. Nonetheless, there are still wealthy individuals in Pakistan. Let’s explore the lives and fortunes of the top 10 Pakistan’s wealthiest men and the industries that have propelled them to the peak of wealth.

The following is a list of the top 10 wealthiest men in Pakistan in 2023, according to Forbes:

Shahid Khan

He is also known as the wealthiest man in Pakistan. Shahid Khan, originally from Pakistan, is now a billionaire living in the United States. He came to the US when he was 16 to go to college and started working at a car manufacturing company. His first job was washing dishes at a local restaurant for over $1 per hour. Later, he began his own company, making car bumpers, in 1978. He quickly rose to success with determination and charm. In 1980, he bought Flex-N-Gate Corporation, the same company where he first worked as an engineering director. The company has 69 plants and over 24,000 employees worldwide, including in the US, China, Germany, Argentina, Spain, and Canada. Khan also owns the NFL’s Jacksonville Jaguars, which he purchased in 2012, and the UK’s Fulham football club, which he bought in 2013.

Anwar Pervez

Anwar Pervez was born on March 15, 1935, in Rawalpindi. At the age of 21, he moved to England to find more opportunities. He worked different jobs like being a telephone operator, bus conductor, and driver, for many years. In 1963, he opened his first Convenience store called “Kashmir” in London’s Earls Court. By the early 1970s, he changed the store’s name to Bestway and had ten convenience stores in and around West London. Bestway has since become a very big company worth billions of pounds. It has 18% of the total UK market share. Anwar Pervez received the Order of the British Empire in 1992 and the Knight Bachelor in 1999. In March 2000, the President of Pakistan gave him the Hilal-e-Pakistan Award. Explore more entrepreneurial ideas like this wealthy man in our article on top business ideas to start for a better future.

Sadruddin Hashwani

Hashwani, an entrepreneur and self-made billionaire, was born in Karachi in 1940. He is one of Pakistan’s wealthiest men. He started trading in cotton by founding “Hassan Ali and Company” In 1965. But, in three years, their company expanded to become the leading cotton exporter. They were known as the “Cotton Kings” during the same decade. Also known as the founder and chairman of Hashoo Group, a conglomerate noted for its five-star hotels and resorts (Marriot and Pearl Continental Hotels). This billionaire released his best-selling book ‘Truth Always Prevails: A Memoir’ in 2014. Hashwani received the Nishan-e-Imtiaz award for his contributions to Pakistan’s business community.

Mian Muhammad Mansha

Mansha is a notable Pakistani business entrepreneur and one of the country’s most wealthy men. His ancestors engaged in the textile industry. For more insights into the textile industry, explore our article on the best textile companies in Pakistan. He is one of the wealthiest men in Pakistan. He attended college in the United Kingdom and returned to the nation to become the CEO and founder of Nishat Group. His family had owned Nishat Mills as a family business, which subsequently evolved into Nishat Group. Mansha has founded Nishat Hotels, Adamjee Group, MCB Bank, DG Khan Cement, Emporium Mall, Nishat Motors, and Nishat Chunian Group. Satara Imtiaz was awarded to Mian Muhammad Mansha in 2004. He additionally serves as a board member of several commercial organizations in Pakistan.

Asif Ali Zardari

Asif Ali Zardari, born on July 26, 1955, is a Pakistani politician and a billionaire. He was the president of Pakistan Peoples Party Parliamentarians and co-chairperson of Pakistan People’s Party. He served as the 11th president of Pakistan from 2008 to 2013, making him the first president born after Independence. He is the widower of Benazir Bhutto, Pakistan’s twice-elected Prime Minister. Asif Ali Zardari served as the Federal Investment Minister and Chairperson of the Pakistan Environmental Protection Council in 1933. As of August 2023, he has been a member of the National Assembly of Pakistan. In Pakistani politics, Zardari is a controversial figure. He’s been charged with corruption and money laundering.

Malik Riaz

Malik Riaz Hussain was born in Rawalpindi. He began his career as a clerk in a construction company. After gaining experience in this field, he launched his construction company in the 1980s. His initial major project was constructing a community center for naval workers, after which he named his construction project ‘Bahria.’ Today, Bahria Town housing communities can be found across Pakistan, in cities like Rawalpindi, Lahore, Islamabad, and Karachi. Bahria Town is the biggest real estate developer in Asia. This wealthy man also does charitable work.

Mian Muhammad Nawaz Sharif

Mian Muhammad Nawaz Sharif is a Pakistani businessman and politician who has served as Pakistan’s Prime Minister three times in a row. He was born into a rich millionaire family in Lahore. He used to work in the family business with his dad before he got into politics. His business did really well when he became a politician. His family owns the Ittefaq Group, a giant steel company; they also do real estate and have the Sharif Group. But he got kicked out of office because of his connection to the Panama Papers in 2017. He got a 10-year prison sentence. But in October 2018, he got sick and was allowed to go to London for treatment. He still lives in London, where he’s getting medical help. Mian Muhammad Nawaz Sharif the wealthiest person in Pakistan, with at least $1.6 billion. Explore how social media has impacted Pakistan’s politics during recent times in our article.

Nasir Schon

The Nasir Schon is a well-known business leader in Pakistan. He is the Chief Executive Officer of the Schon Group and holds the honorary position of Consulate General of Sierra Leone in Karachi. Although originally from Karachi, he resides in the United Arab Emirates. The Schon Group is a large conglomerate that comprises Schon Properties, Dubai Lagoon, suites, and Schon Business Park. One of the most prominent projects by Schon Properties is ‘Dubai Lagoon,’ which received the CNBC Arabian Property Prize for Best Mixed-Use Development. Whether you’re interested in real estate developments like Dubai Lagoon by Schon Properties or other multinational companies, our article provides an in-depth exploration of the top players in Pakistan’s business arena.

Rafiq M. Habib

Habib is one of the richest men in Pakistan. He established Thal Limited and currently serves as the Chairman of Shabbir Tiles & Ceramics Ltd., Habib Insurance Co. Ltd., Thal Ltd., and Group Chairman at House of Habib (Pvt) Ltd. Rafiq M Habib is also a member of the Federation of Pakistan Chambers of Commerce and Industry and holds the position of Vice President at Anjuman-E-Behbood Samat-E-Itefal.

Tariq Sayeed Saigol

The last wealthy person on the list is the eldest of three brothers. He owns both the Saigol Group and the Kohinoor-Maple group. Tariq Saigol is the oldest brother, and he leads the Kohinoor-Maple group. They own Kohinoor textile mills and Maple-Leaf Cement. He openly criticizes the Pakistani government for not paying enough attention to the textile industry. Nasim Saigol is in charge of PEL and Kohinoor industries. He earned his bachelor’s degree from Government College University and his master’s degree from Punjab University Law College.

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