Richest man in Pakistan

Top 10 Richest man in Pakistan 2020

Top 10 Richest man in Pakistan are explored. Pakistan is considered the developing country because it is mainly divided into two groups middle-class and lower middle class. Its GDP per capita is 154th, according to economic world ranking. Almost 0.1 percent of Pakistan is considered the richest community (Elite class), and they are extracting almost all of the money from Pakistan. It is not difficult to find the richest people here, they are not only enjoying life, but many of them are spending a luxurious life. List of top 10 richest people in Pakistan is extracted here:

1: SHAHID KHAN

Net Worth: $8.3 billion

Source of income: Flex-N-Gate (automotive manufacturing), Fulham Football Club London, Soccer Team, All Elite Wrestling.

Shahid Khan was born in Pakistan in 1950. He was a part of a middle-class family and moved to the United States for higher studies. He was appointed in a restaurant that paid just over $1 per hour. In 1980, he purchased Flex-N-Gate Corporation, and later on, it became the main source of his income. He is the owner of Jacksonville Jaguars and Fulham F.C. over the Net Worth of $1 billion. He is the Pakistan no.1 rich man and 61st in the 2019 Forbes billionaires list.

2. Sir Anwar Pervaiz

Net Worth: $4.6 billion

Source of income: Bestway Group, UBL

Sir Anwar Pervaiz is a British businessman, and 2nd richest man in Pakistan, born in a small town in Punjab in 1935. He was from a low-income family and used to go to school barefooted. In the 1950s, he moved to Uk and started to work as a bus driver. After five years, he had enough money to introduce his other family member to the U.K. He is the Chairman and founder of The Bestway group. It is a U.K. based company and ranked second largest in wholesale services and the third largest Pharmacy chain. He is the highest shareholder of United Bank Limited in Pakistan, and the “Bestway Cement Company” is also an ancillary of The Bestway Group.

3. Saddrudin Hashwani

Net Worth: $3.4 billion

Source of income: Orient Petroleum, Marriott Hotel, Pearl Continental Hotel

Saddrudin Hashwani is the third richest man in Pakistan and the owner of the Marriott and Pearl Continental hotel. In 1920, he started trading in Cotton. He was awarded the gold medal for his services about hospitality. He is the Chairman of the Hashoo group since 1960. Pearl Continental and Marriott hotel is standard in hospitality, and his company also expanded in social entrepreneurship. He has the largest groups, like Gas and oil, I.T. and Ceramics, etc.

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4. Mian Mansha

Net Worth: $2.7 billion

Source of Income: Nishat Group, Adamjee Group. MCB Ltd, Nishat Chunian Group, DG Khan Cement

Mian Mansha was born in 1947; he belonged to a well-off family. His father started his business in 1950. He entered into the world of textiles with Nishat Group. Mian Mansha went to Uk for higher studies. He is an entrepreneur and industrialist who worked day and night and raise his family business to its peak. Nishat Textile mills are Pakistan’s largest fabric producing mills. He is also the owner of the Muslim Commercial Bank. Moreover, he also owns Adamjee, DG Khan Cement. He counted as the 937th richest person in the world and 4th richest man in Pakistan.

5. Asif Ali Zardari

Net Worth: $1.8 billion

Source of income: Diversified, Agriculture and Politics

Asif Ali Zardari is Pakistan’s 5th richest man in Pakistan. He became 11th President of Pakistan from 2008-2013. Moreover, it is a Pakistani Politician and now the Co-Chairman of Pakistan’s People Party (PPP). Besides this, he was unknown until the 1980s, the main source of his income was Cinema Black Ticket and gambling houses. But, he became famous after marriage with Benazir Bhutto. After a year she became, the first female President. Hence, he earned a lot during his presidency period.

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6. Malik Riaz

Net Worth: $1.5 billion

Source of income: Bahria town

Malik Riaz was unable to continue his studies after Matric, due to ups and downs, in his father’s business. He had started his job as a clerk with the Military Engineering Services, and there he made contacts with people. He started his own company, under Hussain’s Global banners in 1995. With a Charitable trust of Pakistan’s Navy, Malik Riaz signed an agreement named, Bahria Foundation of the gated community. Navy trust transferred all shares of the agreement to Malik Riaz in 2000. He became the founder of the Bahria Town and constructed Pakistan’s largest Gated Community. For the deprived people of the country, he has built several hospitals and houses. He counted as the 6th richest man in Pakistan.

7. Nawaz Sharif

Net Worth: $1.4 billion

Source of income: Sharif Group and Ittefaq Group, Politics

Mian Muhammad Nawaz Sharif is the 7th richest man in Pakistan, with a net worth of $1.4 billion. His undeclared property, especially in England and in the United Arab Emirates, not included in this estimation. Moreover, he is the owner of Ittefaq Group, the steel-producing industry in Pakistan. Besides this, he became, the three- times Prime Minister of Pakistan and the Chairman of Muslim league N. Nawaz Sharif and his daughter are now facing Jail in the case of corruption, and he always overcomes the hardships faced in his business and political career

8. Nasir Schon

Net Worth: $1 billion

Source of income: Schon Properties

Nasir Schon is the owner of Schon properties, along with his brother, Tahir Schon. The company was founded in 1971 and won many awards for his work like the CNBC Arabian property Reward and Bestway office Design Award. He is ranked as the 8th richest man in Pakistan, with a net worth of $1 billion.

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9. Rafique M. Habib

Net Worth: $0.95 billion

Source of income: Habib Metro, Habib University, Habib Bank Limited, Indus Motors Company

House of Habib’s name is very well known in the country’s business sector. This business group owned Habib Metro, Habib public school, Habib University, and Indus Motors Company. He is ranked as the 9th richest man in Pakistan.

10. Tariq Saigol

Net Worth: $0.9 billion

Source of Income: Kohinoor-Maple group, Textile mills and power Company, Saigol Motors, Sajeel motors, Textile mills, and Power Company

He is the owner of the Kohinoor-Maple group. Moreover, he has heavily invested in the Kohinoor Textile Mills and Power Company. Tariq Saigol counted as the 10th richest man in Pakistan.

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