Top 10 Richest People In Pakistan 2022

Because most Pakistanis live in medium or lower-income households, a small but powerful elite in the country is acquiring massive wealth. As per the Global Wealth Indexes, barely 0.1 percent of Pakistan’s elite had a net worth in 2018. Few Indian millionaires reached the Forbes list this year, despite the country having 16 on it.

Top 10 Richest Men in Pakistan

We’ve hired Pakistan’s richest ten persons based on their net worth.

Shahid Khan

shahid khan

Source of income: Flex-N-Gate, Fulham F.C, Jacksonville Jaguars, and All Elite Wrestling. 

Net worth: $8.5 billion

Shahid Khan, a Pakistani-American entrepreneur, was just named the country’s wealthiest man, with $8.3 billion. Born in 1950, Khan was raised in a middle-class household in Lahore, Pakistan, and migrated to the USA in 1967 to get higher education. Instead, he began his career as a dishwasher at a neighborhood restaurant, where he was paid $1 an hour.

Shahid Khan, a man with a strong drive and magnetic personality, climbed the ladder of success after he launched his own business. Until 1978, he started creating one-piece automobile bumpers for custom pickup trucks and body shops.

Second, in 1980, he purchased the company he originally worked for as an engineering director, Flex-N-Gate Corporation. More than 24,000 people work at 66 facilities throughout the world.

This year’s Forbes Billionaires list ranks the Jacksonville Jaguars NFL franchise owner and Fulham F.C. from the English Premier League at 61st. In addition, he and his son Tony Khan have started All Elite Wrestling.

Sir Anwar Pervaiz

anwar pervaiz

Source of income: UBL, Bestway Group

Net worth: $4.6 billion

Sir Anwar Pervez is now one of Pakistan’s ten richest men. Like the biographies of many other accomplished individuals, it is a narrative of unwavering dedication and sincerity. According to the author, one percent chance, 99 percent discipline, and honesty” are the keys to his success. Anwar Pervez was born in 1935 into a low-income family in a small village in Punjab. He used to attend school in his thongs and flip-flops. Once the task is completed,

In the 1950s, when he was just 21, he immigrated to the UK and got a job driving a bus in Bradford. After working as a driver for five years, he had saved up enough money to bring the rest of his family to the United Kingdom.

This business also services the steel, finance, and pharmaceutical sectors. United Bank Limited is another company in which he has a significant stake (UBL). Sir Anwar has a net worth of $4.6 billion, making him the wealthiest Pakistani in the UK. In the United Kingdom, Pervez, who is now 82, is a well-known figure.

Mian Mansha

mian mansha

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

Net worth: $3.7 billion

Pakistan’s first billionaire. His family was among the Muslim households that migrated from India to Pakistan following the 1947 Partition. His father and uncles got into the textile business in 1951 with Nishat Mills. After graduating from college in the United Kingdom, Mian joined his family’s company in Pakistan.

In addition to being Pakistan’s largest exporter of cotton clothes (for companies like Gap), his Nishat Group is also the country’s largest private employer, with investments in power plants and cement and insurance and financial services. During the privatization effort of the nation in 1991, the Muslim Commercial Bank won a contentious bid.

He owns the Muslim Commercial Bank (MCB), one of the country’s most lucrative private banks. His company, Nishat Group, is a multinational corporation centered in Lahore, Pakistan. Hyundai Motor Pakistan and the Nishat Group worked together to assemble automobiles imported from Japan.

Additional investments include Adamjee Group, DG Khan Cements and DG Khan Power & Nishat Chunian Power & Nishat Company. He has also participated in Pakistan’s large-scale infrastructure projects, including as shipping ports and energy generation.

Saddrudin Hashwani

saddrudin hashwani

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

Net worth: $3.4 billion 

Asif Ali Zardari

asif ali zardari

Source of income: Agriculture, Diversified, and Real Estate

Net worth: $1.8 billion 

Mr. Sadruddin Hashwani began selling cotton in 1960; his industrial business is one of the country’s major portfolio organizations, including real estate, oil and gas, hospitality, IT, ceramics, and pharmaceuticals. He has several accolades, including a gold medal for meritorious services to the Pakistani hospitality business. He is one of the most well-known people in this field today.

Since its inception in 1960, Hashwani’s Hashoo Group has grown into a global conglomerate with more than 20 separately owned and run enterprises. To guarantee long-term sustainability, boost shareholder value, provide job opportunities and actively promote community development, the corporation has operations on three continents, with its headquarters in Pakistan.

Pakistan’s Pearl Continental Hotels and Marriot Hotels are the benchmark for the hospitality business in his organization. Social entrepreneurship has also become a major focus for Mr. Hashwani’s organization.

Pakistan’s highest civilian medal, the Nishan-e-Imtiaz (Order of Excellence), recognizes the country’s achievements and outstanding service.

Malik Riaz

malik riaz

Source of income: Bahria Town

Net worth: $1.5 billion 

Pakistani real estate mogul Malik Riaz leads the Bahria Group. Malik Riaz, the son of an unsuccessful contractor, was unable to continue his education beyond Matriculation because of the ups and downs in his firm. The Military Engineering Service hired him as a clerk right out of high school. There, he established his connections and got to know his way around the platform.

In 1995, he established a building firm under the Hussain Global brand. His relationships helped him get an arrangement with the Pakistan Navy charity trust known as the Bahria Foundation. He then used to help build a gated enclave known as Bahria City. The Pakistan Navy sold its full stake in the company to Malik Riaz in the early 2000s.

Mian M. Nawaz Sharif

nawaz sharif

Source of income: Ittefaq Group, Sharif Group, Real Estate

Net worth: $1.4 billion

Aside from his position as one of the country’s wealthiest former leaders, Nawaz Sharif is a multi-billionaire. He is in charge of Ittefaq, one of Pakistan’s most important steel mills. Nonetheless, the Sharifs have a vested interest in the food and sugar sectors and transportation. His fortune has been estimated at 1.4 billion dollars. The estimate does not include the properties that have not been disclosed, particularly in England, UAE, and the United States.

During his tenure as prime minister, Nawaz Sharif amassed a sizable wealth. Net worth numbers exclude his unreported property in the United Kingdom, the United Arab Emirates, and the United States. There is currently no detailed assessment of his net worth.

Nasir Schon 

nasir schon

Source of income: Schon Properties

Net worth: $1 billion

With his brother Tahir Schon, Nasir Schon is a co-owner of the Schon Properties real estate company. When it began developing real estate in the United Arab Emirates, the firm established in 1971 was an immediate success. Numerous awards have been bestowed upon it by CNBC Arabian Property and Bestway Office Design in the United Arab Emirates (UAE). In terms of wealth, he’s Pakistan’s sixth richest man, with a fortune of $1 billion.

Rafique. M .Habib

rafique habib

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

Net worth: $0.95 billion 

The House of Habib’s CEO is Pakistan’s most well-known businessman. Companies owned by the Habib Group include Habib Bank Limited, Habib Metro, and many others. Pakistan’s 9th-richest individual, Rafique M. Habib, is worth $95 million.

 Tariq Saigol

tariq saigol

Source of income: Kohinoor textile mills & power company, Kohinoor-Maple group, Saigol motors, and Sajeel motors

Net worth: $0.9 billion 

Owner of Kohinoor-Maple, Saigol, and Sajeel engines, Tariq Saigol, is Pakistan’s 10th wealthiest net businessman, with $0.9 billion. In addition, he holds a sizable stake in the Kohinoor and Pak Electron textile mills and the Kohinoor power firm. He is also one of Pakistan’s wealthiest persons.

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