In Pakistan, a country with a vibrant business landscape, there are several individuals who have achieved remarkable financial success. These individuals have amassed significant fortunes through their entrepreneurial endeavors and investments. From business tycoons to influential politicians, the list of Pakistan’s wealthiest men highlights their exceptional achievements. Let’s explore the top nine richest men in Pakistan and delve into their impressive net worth and noteworthy contributions to various industries.
Shahid Khan
Topping the list is Shahid Khan, a highly successful businessman and sports tycoon, with an impressive net worth of $8 billion. Khan, the CEO and owner of Flex-a-Gate, established the automotive manufacturing company during his university years at the University of Illinois. He also holds ownership of the Jacksonville Jaguars in the National Football League (NFL), Fulham F.C. in the Premier League (EPL), and co-owns All Elite Wrestling (AEW). Khan has received numerous accolades, including the Distinguished Alumnus Award and the Alumni Award for Distinguished Service from the University of Illinois, along with a Distinguished Service Award. He shares his life with his wife, Ann Carlson, and together they have two children.
Anwar Pervez
Anwar Pervez holds the second position with a noteworthy net worth of $4.6 billion. Pervez, who began his career as a bus conductor and driver, founded the multinational conglomerate Bestway in 1976. Bestway owns the UK’s second-largest wholesaler, catering to over 125,000 retailers and caterers. The group also owns the country’s third-largest pharmacy chain and various stores. In Pakistan, Bestway is the largest shareholder of United Bank and the largest cement manufacturer in the country. Pervez has been honored with an OBE and a Hilal-i-Pakistan.
Sadruddin Hashwani
Sadruddin Hashwani, occupying the third position, has a substantial net worth of $3.4 billion. He is associated with the Hashoo Group, a conglomerate renowned for its Pearl-Continental Hotels & Resorts. Hashwani’s impeccable record has earned him Pakistan’s top civilian award, Nishan-e-Imtiaz, in recognition of his outstanding services to the country.
Mian Mansha
Securing the fourth position is Mian Mansha, with a net worth of $2.7 billion. As the CEO of the Lahore-based international conglomerate Nishat Group, Mansha has amassed his fortune through ventures in cotton exports and investments in power projects, cement, and insurance. The conglomerate owns various companies, including Adamjee Insurance Limited, D G Khan Cement, Nishat Chunian, Nishat Automobile, and Lal Pir Power. Mansha was recognized as Pakistan’s first billionaire by Forbes.
Asif Ali Zardari
Asif Ali Zardari, ranked fifth, is a notable politician and businessman. Co-chairperson of the Pakistan People’s Party and president of Pakistan Peoples Party Parliamentarians, he served as the 11th President of Pakistan from 2008 to 2013. Zardari gained prominence through his marriage to Benazir Bhutto, a former Prime Minister of Pakistan. However, his tenure as President was marred by allegations of corruption and cronyism. His current estimated net worth is $1.8 billion.
Malik Riaz
Malik Riaz, the founder and owner of Bahria Town, holds the sixth position with a substantial net worth of $1.5 billion. Bahria Town, recognized as the largest privately-owned real estate development company in Asia, has propelled Riaz’s wealth. Nevertheless, he has been the subject of several corruption investigations.
Nawaz Sharif
Nawaz Sharif, ranking seventh, is a prominent figure in Pakistani politics. He served as Prime Minister for three non-consecutive terms, making him the longest-serving Prime Minister in Pakistan’s history. However, Sharif faced legal issues and was removed from office in 2017 due to revelations from the Panama Papers case. Currently residing in London on an expired bail, his net worth stands at $1.4 billion.
Nasir Schon
Occupying the eighth position is Nasir Schon, who boasts a net worth of $1 billion. As the head of the Schon Group, he oversees diverse business ventures, including Schon Properties, a notable real estate developer responsible for renowned projects such as iSuites, Dubai Lagoon, and Schon Business Park. Additionally, Schon is the owner of the cricket team, Multan Sultans.
Rafiq M. Habib
Rafiq M. Habib holds the ninth spot among Pakistan’s richest individuals, with a net worth of $950 million. He is a member of the renowned Khoja business family and currently serves as the chairman of the House of Habib, a prominent financial and business conglomerate established in 1841. The House of Habib encompasses various enterprises, including Habib Insurance Company Limited, Indus Motors Company, Metro Cash & Carry Pakistan, and Habib Metropolitan Bank, a subsidiary of Habib Bank AG Zurich.
