As we all know that the majority of Pakistan’s population is divide into middle-income and lower-income groups, a few societies of elites is accumulating massive wealth. The total count of Pakistan’s elite-class wealth (assets minus debt) in 2018 was only 0.1 percent, according to the Global Wealth Indexes. Although India has 16 billionaires on the Forbes 2019 list, only some of the Pakistani competitors are on that list, So we made the perfect list for the Top 10 Richest People in Pakistan. So here is the Next Generation list of Top 10 Richest People in Pakistan Below.
Top 10 Richest People in Pakistan:
On the basis of the new worth around the world. we have recruited the Top 10 Richest People in Pakistan
Source of income:– Flex-N-Gate, Jacksonville Jaguars, Fulham F.C, All Elite Wrestling.
Net worth:- of $8.5 billion
Shahid Khan is an American businessman born in Pakistan who is declared the richest man in Pakistan in 2019 with a net worth of $8.5 billion. Raised in 1950, Khan belonged to Lahore’s middle-class family and moved for higher studies to the United States in 1967. His early job was a dishwasher at the restaurant.
Once he started the company he was such a committed person that the company jumped into success a few times. He began making one-piece car bumpers in 1978 for customized pickup trucks and body shop repairs.
He founded the Flex-N-Gate Corporation two years later, in 1980, the organization he first entered as an engineering director. The company now has 66 plants and more than 24,000 employees worldwide.
The owner of Jacksonville Jaguars from NFL and Fulham F.C from the English Premier League team is ranked 61st in the 2019 Forbes Billionaires list. He’s also launched All Elite Wrestling in with his son Tony Khan.
Sir Anwar Pervaiz
Net worth: $4.6 billion
Source of income: Bestway Group, UBL
Anwar Pervaiz is one of the top richest person in Pakistan. His life story is written with sheer hard work and sincerity, just like many other successful people. He attributes his success to “one percent chance, 99 percent discipline, and integrity.” Anwer Pervaiz is born in 1935 in a small village of Punjab. He used to go barefooted to school. Upon done
Anwar went to Britain in 1950 at the age of 21, there he started a job as a bus driver. and then after 5 years, he introduced his family to Britain.
The company also deals with the steel, banking and pharmaceutical industries. In addition, he is also a major shareholder in United Bank Limited (UBL). Sir Anwar is the UK’s richest Pakistani, with $4.6 billion in net worth.
Pervez, 82, in the United Kingdom is a very eminent personality. Sir Anwar Pervez, who was knighted by the Queen in 1999, is also a lifetime member of the House of Lords.
He has also won many UK awards for his support and successful business practices such as the Year’s EMMA Business Personality, the Barclays Business & Commerce Quality Award and the Outstanding Business Achieveme Grocer Cup.
Net worth: $3.4 billion
Source of income: Marriott Hotel, Pearl Continental Hotel, Orient Petroleum
Mr. Sadruddin Hashwani began trading in Cotton in 1960 and today his industrial group is one of the country’s largest portfolio groups as diverse as Real Estate, Oil & Gas, Hospitality, IT, Ceramics, and Pharmaceuticals. He is known today as the world’s leading figure in the hospitality industry and has been awarded many prizes including a gold medal for distinguished services for the hospitality industry in Pakistan.
Hashoo Group was founded by Hashwani in 1960 and is a global company comprising more than 20 independently operated businesses. The company operates across three continents, headquartered in Pakistan, with a goal to ensure long-term sustainability, increase shareholder value, create career opportunities, and actively support community development where it operates.
His group’s Pearl Continental Hotels and Marriot Hotels are industry standard in Pakistan for the hospitality industry. The company of Mr. Hashwani also expanded into social entrepreneurship where it produced laurels worldwide.
Net worth: $2.7 billion
Source of income: Nishat Group, MCB Ltd, Adamjee Group, Nishat Chunian Group, DG Khan Cement
he is the first billionaire who born at the time of partition in 1947. his family was among the Muslim families which migrated from India to Pakistan during the partition In 1951, with Nishat Mills, his father and uncles jumped into textiles. Mian went to college in the UK; after graduation, he joined the family business. His Nishat Group is now Pakistan’s largest exporter of cotton clothing (for brands such as Gap) and the largest private employer nationwide; it also invests in power plants, cement, and insurance. Good bet in banking: The Muslim Commercial Bank won a controversial bid during the privatization campaign of the country in 1991.
He is the owner of the Muslim Commercial Bank (MCB), one of the most profitable private banks in the country. He is also the founder and chief executive of the multinational conglomerate Nishat Group based in Lahore. The Nishat Group also collaborated with Hyundai Motor in assembling the vehicles from Japan in Pakistan.
In addition, Mian Mansha controls Adamjee Group, Nishat Chunian Power & Nishat Company, DG Khan Cements, as well as investments in the transport sector.
Asif Ali Zardari
Net Worth: $1.8 billion
Source of income: Diversified, Agriculture, and Real Estate,
Asif Ali Zardari is a $1.8 billion net worth Pakistani politician. He is one of the top 10 richest people in Pakistan. Previously, served as Pakistan’s 11th President from 2008 to 2013, and is now the Pakistan Peoples Party’s co-chairman.
Nevertheless, even before he entered politics, he began to produce his money. The bulk of Zardari’s fortune comes from Pakistan’s sugar mills, as well as other businesses in which he is involve. After the assassination of his wife, Benazir Bhutto, who served as Pakistan’s prime minister in the 1990s, Zardari became the country president.
The calculation, however, does not include his recorded states in Surrey, London’s West End, Normandy, Manhattan (a Belaire Apartments condominium), and Dubai, as well as a Normandy chateau of the 16th century.
Net worth: $1.5 billion
Source of Income: Bahria Town
Malik Riaz, a Pakistani real estate tycoon, is the director of the Bahria Group. Born to an unsuccessful contractor, due to ups and downs in his company, Malik Riaz was unable to pursue his studies after Matriculation. He began working with the Military Engineering Service as a clerk after matric. Malik set up his contacts there and learned to work with the system.
Malik later set up a construction company under Hussain Global’s banner in 1995. He signed an agreement with the charitable trust of the Pakistan Navy, known as the Bahria Foundation, to establish a gated community known as Bahria City, with the aid of his contacts. The entire shareholding was transferred to Malik Riaz by the Pakistan Navy in the 2000s.
Mian M. Nawaz Sharif
Net worth: $1.4 billion
Source of Income: Sharif Group, Ittefaq Group, Real Estate
The former Prime minister of Pakistan is the director of the largest steel-producing network in Pakistan the Ittefaq group, But the family of Sharif also invests in the food, sugar, and transportation industries. His net worth is as high as $1.4 billion. The estimate does not include the undeclared properties, especially those in England, UAE, and the U.S.
Nawaz Sharif is believed to collect a massive fortune during his administration. His figures for net worth do not include his undeclared property in the United Kingdom, the UAE, and the United States. To date, there has not been an accurate estimate of his total wealth.
Net worth: $1 billion
Source of Income: Schon Properties
Nasir Schon, together with his brother Tahir Schon, is the owner of Schon Properties. Founded in 1971, the company was a tremendous success when it launched its UAE real estate projects.
In the UAE, the company received many awards including the CNBC Arabian Property Award and the Bestway Office Design Award. He’s the sixth richest man in Pakistan with a net worth of $1 billion.
Net worth: $0.95 billion
Source of Income: Habib Bank Limited, Habib Metro, Habib University, Indus Motors Company
House of Habib’s leading man is the most famous name in Pakistan’s business sector. The business group owns multiple companies such as Habib Bank Limited, Habib Metro, Habib Public School, Habib University, Indus Motors Company, and many more.
Rafique M. Habib is Pakistan’s 9th richest man with a net worth of $0.95 billion.
Net worth: $0.9 billion
Source of income: Kohinoor-Maple group, Saigol motors, and Sajeel motors, Kohinoor textile mills & power company
Tariq Saigol is the owner of the Kohinoor-Maple textile company, Saigol engines, and Sajeel engines – ranks 10th on the list of Pakistan’s wealthiest $0.9 billion net businessmen.
He has also invested heavily in the textile mills of Kohinoor, Pak electron, and the power company of Kohinoor. He also ranks among the top 10 richest people in Pakistan.
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