Top 5 richest Pakistani’s.


Pakistan is full of shady billionaires and millionaires who cannot be judged or discovered as to the close to non existent financial legalities that exist and the ease with which they can be avoided have never allowed us to know the full potential of powerful and influential people that exist here. People try to avoid coming in the limelight because with changing governments and directions of the government machinery they want to avoid taxes and other legal actions.

Pakistan would have had names much bigger then this if Bhutto had not hit the biggest magnates of our economic development with his nationalization scheme. We would have had people with the charisma of Tata and Birla groups who are developing unhampered rather supported by their governments. But alas life does change for people and it did, no consistency has killed some of the biggest and brought newer administration supported guys and some administration bred and fed guys which you will understand when you see the list.

We have not done much of a background search as to where this money came from or what were the means but you will get an idea yourself as to how people have changed after being in Administration and how they were before, but some people here are real business figures of immense potential and ask for nothing but respect for what they have done for the country.

1) Mian Muhammad Mansha (Pakistan)

- Ranked no 1, worth $3 billion

Being on board some 45 companies and also having acquired RBS in Pakistan. Nishat group with its budding banking, cement and paper, textile and management business has become one hell of a player in Pakistan’s Corporate power sectors. Nishat who benefited a lot from Nawaz Sharifs reprivatisation schemes, used the support to become what he is today.

Nishat group today has assets of more than $4 billion and he is regarded by his friends as the richest but the most down to earth person possible

 

2) Asif Zardari (Pakistan)

- Ranked no. 2, Worth $2 billion and currently increasing rampantly

Some people earn through businesses only but some use their powers to increase them at a speed unimaginable. This businessman converted politician has put together enough assets and money to reach this position today while he remained mongering in jails of Pakistan. A task not possible without immense business acumen and a fox like brain.

Zardari who got lucky when he married a leading politician of Pakistan Benazir Bhutto has been reported to receive kick backs from a lot of deals that happened in the Pakistan’s Government. Also dubbed as Mr 10% his biggest and most memorable move was the innocent kick backs that Marleton Business received from a 4 billion dollar 32 Mirage deal with Dessault of France.

Zardari assets holding amount into millions easily, Having 8 prime properties in the UK, of which once is the famous Rockwood Estate 365 acres in Surrey, worth £4.35m has now been sold and money sent back to the Govt. of Pakistan. Also 14 multi-million dollar mansions in the USA, including owning Holiday Inn hotel Houston, Texas Owned by ‘Mr 10%’ and Iqbal Memon and Sadar-ud-Din Hashwani.

zardari has huge business ventures in the Middle East running into hundreds of millions if not billion mark. Mr Zardari also has huge stakes in sugar mills all over Pakistan,which include: Sakrand Sugar Mills, Nawabshah, Ansari Sugar Mills, Hyderabad, Mirza Sugar Mills, Badin, Pangrio Sugar Mills, Thatta and Bachani Sugar Mills, Sanghar. Now many Pakistanis know the reason for sugar hikes and problems, some people live by feeding on the people by leeches and it maybe one example of this behavior.

 

3)Sir Anwar Pervaiz (UK)

- Ranked no 3, Worth $1.8 Billion

Sir Anwar Pervaiz is the chairman of the Bestway group. Bestway group started in 1970’s with its bestway cash and carry that was opened in London. Today they have over 50 cash and carries around England and have also ventured in Pakistan by setting up Bestway Cement Factory.

Sir Anwar Pervaiz is known to be an immensely hard working man, due to his efforts Bestway is owning about 40 different businesses and also has invested in 25% share of UBL Pakistan. The sales last year from Bestway group amounted for more then 2 billion pounds, Which is a huge huge amount.

 

4 - Nawaz Sharif & Shahbaz Sharif family Saudi Arabia/Pakistan

Ranking: 4 Worth: $1.6billion industry: Politics/Businessman

How could the Sharifs not be here every political family has made a lot of money in its time. Mr Sharif Businessman turned politician the former Prime Minister of Pakistan.ousted in a military coup in 1999 was forced to forfeit $9million dollars and some of his assets including his $5m Mansion is Raiwind near Lahore. Before becoming PM he was a major share holder along with his brother and cousins of Ittefaq Group, having assets well in excess of £50m in the 90′s. He got richer when he took commissions from foreign companies for construction in Pakistan. He build the first motorway and many new roads and took heavy kickbacks. He then also stole $100m from the Iqra funds, he started a new scheme ‘Ghar Apna’ in which he again looted around $40m, the ‘Mulk swaaro’ scheme involving public & govt. money collections to help pay of Pakistan’s debts also was pocketed. Today he is back after living in exile in Saudi Arabia where it is known he has a new huge business empire in various sectors and also owns a cement factory in Dubai. Weird but true our money has been pocketed by these big thieves.

5 - Saddaruddin Hashwani Pakistan

Ranking: 5 Worth: £550m ($1.1billion) Industry: Businessman

Saddaruddin Hashwani is Chairman Hashoo Group is known for his dominance in Pakistan’s hotel industry, though Hashwanis have huge strength in real estate business too. Hashwanis are involved in trading of cotton, grain and steel and till the nationalization of cotton export in 1974, they were widely being dubbed as the Cotton Kings of Pakistan. Today, this group has excelled in export of rice, wheat, cotton and barley. It owns textile units, besides having invested billions in mines, minerals. hotels, insurance, batteries, tobacco, residential properties, construction, engineering and information technology.

In 1984, Hashwani defeated the Lakhanis in the bid for Premier Tobacco but was arrested along with his brother Akbar in 1986 for allegedly evading customs duty on cigarettes. Sadarduddin’s brother Akbar and the children of another late brother Hassan Ali Hashwani together manage around 45 companies. Akbar runs the second Hashwani Group. He is one of the most well-known magnates in Pakistan who is a regular invitee at the Diplomatic Enclave. The list of local and international bigwigs known personally to Hashwani is unending.

In the recent governments tenure Hashwanis have been made to give huge kickbacks to Zardari and company so as to take away all that they own. Politicians have destroyed businesses and now their eyes are on Hashwani to take away what they have. This is the reason why Hashwani has left for Dubai where he lives till this Draconian Politics is gone who Horde sugar and kill businesses for their own good.

Popularity: 14% [?]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Fark
  • HackerNews
  • Technorati
  • Reddit
  • Twitter
  • Diigo
  • Faves
  • Mixx
  • NewsVine
  • Propeller
  • StumbleUpon
  • Yahoo! Buzz
  • BlinkList
  • Sphinn

, , , , , , , , , , ,

  1. #1 by idutms on February 3, 2010 - 6:31 pm

    From Wikipedia: “The perception of business acumen as a valuable and necessary quality for high-level corporate leaders has occurred within a short period of time… some have classified business acumen as simply a buzzword.” Write-ups like this one are helping to make business acumen mainstream and less of a gimmick, and solidify the promoters of business acumen training like Acumen Learning and Paradigm Learning. A mind like a fox – good line.

  2. #2 by AAA on February 4, 2010 - 2:01 pm

    well i have rs 112 in my pocket , where do i stand ;)

  3. #3 by AAA on February 4, 2010 - 7:01 pm

    well i have rs 112 in my pocket , where do i stand ;)

(will not be published)