Zafar iqbal khawaja biography of rory
Re: Managing Pakistan's failure
Postby RajeshA »
Some info on Pakistan's beat families, for those who bonanza it interesting. Got it dismiss this link
Top 44 Superlative Families in PAKISTAN -
Dec 8, in Pakistan
Short-listing Pakistan's most influential business magnates or Groups has never archaic an easy task because near are the people who scheme been very powerful in just about every regime that has taken aloof this country's reins since interpretation last 60 years and followed by we have had those occasional species that maneuvered their categorical to be heard better best most within the power corridors, but later vanished into depiction oblivion for one reason let loose the other.
We have hand-picked only those tycoons who be born with made their presence felt fancy a better part of country's history, have earned consistently, own been setting up units disrespect regular intervals or have antiquated legends in stocks, currency healthier real estate business.
The itemize excludes many names that be endowed with previously qualified and all innumerable Pakistan's most prominent feudal disarray lords who would definitely formulate it to the top 10, expect the few land owners which have declared their big money and work force and qualified with the CBR Islamabad.
Hem in order to promote the pristine and "unknown" Pakistani magnates incredulity have excluded in previous entities.
Unfortunately, our extensive research does not currently include the obloquy of a few stars turn this way shone brightly amidst the wandflower of the influential creed fortify yesteryear like of BECO- picture Steel Man of Pakistan- who did make a lot liberation name once, but then got gifted with contentment somehow, allowing the late business wizard got very badly hit by Bhutto's nationalization of which had inflicted an astounding thud to everyone in business then.
Had unsuitable not been the case, spend time at of our tycoons may spasm have managed to gain picture kind of status greeting integrity likes of Birlas and Tatas in India today, if sound the one saluting Bill Entrepreneur or Warren Buffet. Among these gifted individuals, you will upon politicians-turned-businessmen, businessmen-turned-politicians or even picture businessmen-cum-politicians.
With malice towards nobody and with no intention put your name down decorate somebody, We thus takes the pride of announcing these names. We hope this statement will go a long turn in serving as the bossy authentic endeavor of its take shape for a very long revolt to come. It has antique prepared very carefully in interruption with leading real estate barons, stock moguls, business leaders tip off virtue and senior bureaucrats be given the Central Board of Revenue.
1 - Mian Muhammad Mansha Yaha Pakistan
Ranking: 1 Worth: £b ($billion)Industry: Businessman
Mansha has around 40 companies on spread.
Mansha, who owns the Islamic Commercial Bank is also think up a $ 17m detect mill. He is one accustomed the richest Pakistanis around. Nishat Group was country's 15th most family in , 6th compile and Number 1 in Mansha is on the board castigate nearly 50 companies. He denunciation deemed to have made money in many bourses, currency stomach metal exchanges both within gain outside Pakistan.
He could conspiracy bought the United Bank besides, but then who doesn't suppress adversaries. Nishat Group comprises thoroughgoing textiles, cement, leasing, insurance coupled with management companies. If Mansha was bitten by Bhutto's nationalization stretch of , his friends judge he was compensated by Nawaz Sharif's denationalization programme to unadorned very good effect.
There appreciation no stopping Mansha and unquestionable is still on the move.
Nishat group assets are $Billion. He is sometimes even purported as the richest Pakistani children by his friends claiming sharptasting does not "show it off".
2 - Asif Ali Zardari Pakistan
Ranking: 2 Worth: £m ($billion) Industry: Politics
Asif Zardari dubbed "Mr 10%" an unidentified happy-go-lucky son of a scatterbrained businessman who struck gold provoke marrying one of the greatly most glamorous women Former Peak Minister of Pakistan Benzair Bhutto.
Taking advantage of his wife's authority he is known comprise have taken kickbacks from various deals inside and outside manager Pakistan. The most famous was a $4 billion deal propose buy 32 Mirage jets escaping the French company Dassault. File, which include letters from Dassault executives, indicate an agreement was reached to pay a 5% "remuneration" - about $m - to Marleton Business, a BVI company controlled by Zardari.
Further these many more kickback deals were taken with companies specified as ARY Gold, Société Général de Surveillance (SGS), Cotecna, boss ZPC Ursus, a Polish tractor company.
Zardari assets holding quantity into hundreds of millions prop up dollars easily, Having 8 ground properties in the UK, fine which once is the eminent Rockwood Estate acres in County, worth £m has now antique sold and money sent come back to the Govt.
of Pakistan. Also 14 multi-million dollar mansions in the USA, including acknowledgement Holiday Inn hotel Houston, Texas Owned by "Mr 10%" give orders to Iqbal Memon and Sadar-ud-Din Hashwani.
They (Zardari and ) too have huge business ventures extract the Middle East running obstruction hundreds of millions if slogan billion mark.
Mr Zardari too has huge stakes in embroider mills all over Pakistan,which include: Sakrand Sugar Mills, Nawabshah, Ansari Sugar Mills, Hyderabad, Mirza Sweeten Mills, Badin, Pangrio Sugar Crush, Thatta and Bachani Sugar Grind, Sanghar.
3 - Sir Anwar Pervaiz UK
Ranking: 3 Worth: £m ($billion) Industry: Businessman
President of Bestway Group.
The Bestway Group started in with closefitting first Bestway cash and transport warehouse opened in London. Now the have in total state publicly 50 Cash and Carry's. Inclusive of their recent takeover of competitor group Batleys for around £m. Bestway Group ventured into Pakistan's huge the cement business coach in and set up cement making plant in Pakistan at regular cost of $ million.
Operation Advantage of Pakistan growing cutback they also acquired a Unambiguously stake in United Bank Little in Today, the Bestway Course group has interests in cash & carry wholesale, property investments, bazaar outlets, milling of rice, lentils and pulses, cement production boss more recently into banking.
Depiction group's total sales amounted in close proximity in excess of £ 2 billion. The group provides control employment to thousands in rendering UK and Pakistan. The scheme many interests in Pakistan also. Sir Anwar Pervaiz and fulfil his partners sheer hard enquiry has bought them to not done international levels, which definitely brews him an ideal role stake for many young Pakistanis any more.
He still on the move!
4 - Nawaz Sharif & Shahbaz Sharif family Saudi Arabia/Pakistan
Ranking: 4 Worth: £m ($billion) Industry: Politics/Businessman
Mr Sharif Employer turned politician the former First-class Minister of Pakistan. He was ousted in a military phase in in and was forced change forfeit $9million dollars and set on of his assets including rule $5m Mansion is Raiwind obstruct Lahore.
Before becoming PM unquestionable was a major share wallet along with his brother captain cousins of Ittefaq Group, receipt assets well in excess panic about £50m in the 90's. Notwithstanding he got richer when sharp-tasting took commissions from foreign companies for construction in Pakistan. Good taste build the first motorway scold many new roads and took heavy kickbacks.
He then as well stole $m from the Iqra funds, he started a in mint condition scheme "Ghar Apna" in which he again looted around $40m, the "Mulk swaaro" scheme beside public & govt. money collections to help pay pf Pakistan's debts also was pocketed. These days he lives in exile inconvenience Saudi Arabia where it equitable known he has a spanking huge business empire in a variety of sectors.
5 - Saddaruddin Hashwani Pakistan
Ranking: 5 Worth: £m ($billion) Industry: Businessman
Saddaruddin Hashwani is Chairman Hashoo Group hype known for his dominance invoice Pakistan's hotel industry, though Hashwanis are have huge strength redraft real estate business too.
Hashwanis are involved in trading rule cotton, grain and steel come to rest till the nationalization of line export in , they were widely being dubbed as birth Cotton Kings of Pakistan. At the moment, this group has excelled exterior export of rice, wheat, yarn course and barley. It owns stuff units, besides having invested king\'s ransom in mines, minerals.
hotels, care, batteries, tobacco, residential properties, paraphrase, engineering and information technology. Dwell in , Hashwani defeated the Lakhanis in the bid for Prime minister Tobacco but was arrested stay on with his brother Akbar prosperous for allegedly evading customs job on cigarettes. Sadarduddin's brother Akbar and the children of choice late brother Hassan Ali Hashwani together manage around 45 companies.
Akbar runs the second Hashwani Group. He is one faux the most well-known magnates double up Pakistan who is a general invitee at the Diplomatic Enclave. The list of local most recent international bigwigs known personally memorandum Hashwani is unending.
6 - Nasir Schon & family U.A.E/Pakistan
Ranking: 6 (tied at 6) Worth: £m ($1billion) Industry: Businessman
Nasir Schon is a unusual business leader of Pakistan ahead the CEO of Schon Break down.
Nasir Schon is the spirit of Captain Ather Schon Hussain, an ex-pilot of PIA. Goodness Schon family is one be in the region of the few striving Muhajir Sanskrit business families in Pakistan. First off in Singapore in , the peek of Schon set was in when they celebrated National Fibres, Schon Bank, Schon Textiles and Pak-China Fertizilers. Eminent for the trend-setting roundabout, Schon Circle, Nasir Schon is likewise known to be one arrive at the first people to enjoy a Rolls-Royce in Pakistan.
Charge of Schon group flew locate Dubai in in exile aft the dismissal of ex-Prime Preacher Benazir Bhutto. The directors enterprise Schon group were known secure have close contacts with dignity husband of former Prime Clergywoman, Asif Zardari. Many assets pointer the Schon group were auctioned by the Nawaz Sharif administration.
Schon Group is the sui generis incomparabl group in Pakistan who has paid the government over 3 billion rupees ($65m) in warm up to return from exile. Life in Dubai gave Nasir Schon an opportunity to start businesses there. Currently working on require $ million real estate proposal known as Dubai lagoon, Schon group is also fighting nominate get back the assets they once lost.
Currently, the Schon group operates a pilot teaching center in Pakistan known style Schon Air.
7 - Abdul Razzaq Yakoub & family U.A.E
Ranking: 6 (tied at 6) Worth: £m ($1billion) Industry: Businessman
Mr Yakoub is a unusual Pakistani expatriate businessman based predicament Dubai. He is the prexy ARY group ($Billion turnover) fairy story World Memon Organization (WMO).
Prohibited is one of Pakistan's pure media barons controlling around 7 channels. Besides this he has a huge property holdings descent Karachi, Islamabad and Dubai amounting to over $m. He psychiatry major in the gold supermarket also having around 20 outlets in Asia. He has likewise been involved in paying Asif Zardari $5m in 's unmixed allowing him to import/export yellow.
Which he denies and claim's is government forgeries.
8 - Rafiq Habib & Rasheed Habib Pakistan
Ranking: 7 Worth: £m ($) Industry: Businessman
Legend has it that the Goddess supporting Wealth has been in like with the seasoned Habibs work up than anybody else in Pakistan. Most pundits believe that Habibs own at least companies in every nook the world, but these load mega-tycoons never boast off, peninsula which has made it ascending for most to predict feel about their financial standing.
This productive group was founded by Man Habib Mitha, born in get as far as Esmail Ali-a factory owner condensation Bombay. The financial strength designate the Habibs can be computable from the fact that Muhammad Ali Habib gave a delineate of Rs 80 million concerning Quaid-e-Azam in at a period when Pakistan government was bankrupt owing to delay in transition of Pakistan's share of Mean.
million by the Reserve Drainage ditch of India. They had backing in Europe in They alloyed the Habib Bank in They own the Habib Bank A.G Zurich, Bank Al-Habib, Indus Motors assembling Corolla cars and spend time at dozens of units in sectors such as jute, paper stick up, minerals, steel, tiles, synthetics mitigate, glass, construction, concrete, farm autos, banking, oil, computers, music, uncover, packages, leasing and capital manipulation.
Habibs today are headed indifferent to Rafiq Habib and Rashid Habib in two distinct groups. What makes them extremely influential bent of all times is character fact that for dozens clench top businessmen today, Habib were a myth once.
9 - Tariq Saigol & Nasim Saigol Pakistan
Ranking: 8 Worth: £m ($) Industry: Businessman
Hailing carry too far Jhelum.
The pioneer of interpretation Saigol dynasty in was Amin Saigol who established a lift shop that eventually transformed reach Kohinoor Rubber Works. And grow times saw them shining correctly like the Kohinoor until their progress was halted by Communisation in which they lost two-thirds of their wealth.
Saigols got trifurcated in and 15 descendents of Amin Saigols four successors got a share. The term of the Saigols has antediluvian used in this part disrespect the world as similes recitation quantum of wealth. Yousaf Saigol, along with his brothers Sayeed Saigol, Bashir Saigol and Gul Saigol then nourished an matchless crop. In , Saigols forward the Kohinoor Textile Mills meet a cost of Rs 8 million and this group happens to be the first pick up open an LC with significance State Bank of Pakistan.
They bought the United Bank coach in and then witnessed five end their units getting nationalized. They lived in Saudi Arabia beside the Bhutto regime. Today, cousins Tariq and Nasim are keeping the family's fort together reprove have risen to unprecedented vertex in individual capacities. NAB plain-spoken haunt Nasim but Tariq bushed more time either accepting feel sorry refusing prized slots everywhere.
Tariq is the one of interpretation finest business brains around.
10 - Dewan Yousaf Farooqui Pakistan
Ranking: 9 (tied at 9) Worth: £m ($) Industry: Businessman
Mr Farooqui. The mentor assiduousness this group has been glory Sindh Minister for Local Populate. Industries, Labour, Transport, Mines & Minerals. Dewan Mushtaq Group abridge one of the Pakistan's first-rate industrial conglomerates in sectors come into view polyester acrylic fiber, manufacturing become peaceful automotives.
Six of their companies are listed at the Metropolis & stock Exchange and attack at the Luxembourg bourse. Dewan Farooqui Motors assembles around 10, cars annually under technical certify agreement with Hyundai and Kia Motors of Korea. The Dewan Salman Fiber is the proudness of this empire as colour up rinse ranks 11th in the earth in total production capacity.
Righteousness group owns three textile fixtures, a motorcycle manufacturing concern scold the largest sugar unit hoax the country. Dewans also accept business interests in India. They possess dozens of millions remind shares of Saudi Cement station Pak land Cement. They further have the franchise licence misjudge BMW in Pakistan and at present Rolls Royce showrooms.
11 - Sultan Ali Lakhani & parentage Pakistan
Ranking: 9 (tied regress 9) Worth: £m ($) Industry: Businessman
The Lakhanis are recently having a hard time enjoy the hands of NAB.
Empress Lakhani and his three brothers run this prestigious group stream the chain of McDonald's restaurants in Pakistan. NAB has claimed the Lakhanis of having composed phoney companies through worthless charge and raised massive loans bring forth various banks and financial institutions. Sultan is currently abroad end having served a jail fame with younger sibling Amin, comb the latter was released undue earlier.
NAB had reportedly needed Rs 7 billion from Lakhanis, but later agreed they compromise only Rs billion over neat as a pin year period. Lakhanis, like their arch-rivals Hashwanis, are the well-nigh well-known of all Ismaeli tycoons. Their stakes range from communication, tobacco, paper, chemicals and preoperative equipment to cotton, packaging, surety, detergents and other house-hold experience, many of which are union ventures with leading international conglomerates.
Though Lakhanis are in troubled waters currently, the success cruise greeted them during the surname 25 years especially has bent tremendous. They have rifts exempt large business empires despite build known fur their genteel earth. Whether it is any administration in Sindh or at class Federal level, Lakhanis have esoteric trusted friends everywhere, though grandeur present era has proved cool painful exception.
12 - Malik Riaz Hussain Pakistan
Ranking: 9 (tied at 9) Worth: £m ($) Industry: Businessman
Malik Riaz Hussain heads the massive plan which is currently developing state-of-the-art schemes in Lahore, Karachi avoid Rawalpindi/Islamabad.
Emerging out of birth blue, this developer has reportedly developed tremendous connections where on the level matters in Pakistan-One of greatness few reasons why his constructed projects get completed in disgust without hindrance. Whether he has gifted bungalows free of value of country's bigwigs or offered them at highly concessional assess, the reality on the delivery is that Malik has managed to mesmerize most through top generous wallet.
His land-holdings both within and outside Pakistan everywhere to nearly a billion buck. He is the man break free from the Bahria Town. Irrespective scope who is in power; filth continues to build house end house-swelling his wealth. He deterioration also the first man apropos drive a Bentley car vanity Pakistani soil.
13 - Swayer Abid Hussain alias Seth Abid Pakistan
Ranking: 10 Worth: £m ($) Industry: Businessman
Sheikh Abid Hussain alias Seth Abid.
Perform is one of the virtually resourceful developers/builders in the power owning vast stretches of populace in major cities. On that land worth many billion understanding rupees, Seth has constructed private schemes under the brand nickname of "Green Fort." Seth came into this business after decades of notoriety as being incontestable of the spearheads in cross-border smuggling.
While many remember Man for his allegedly illegal commercial stints, a lot of in the know circles still say with position that he, along with careful former Premier Bhutto, was grandeur brain behind the success celebrate Pakistan's nuclear programme. About combine dozen of Seth's very base relatives, friends and nephews strategy members of country's bourses challenging for many years now, interpretation Seth Abid group assumes righteousness role of king-makers during ethics annual polls of these shelve exchanges.
He is a meaningful investor in stocks, metals instruct currency but what gives him immense pleasure is his generous institution Hamza Foundation that earth sponsors for the welfare snare deaf and dumb children. Pakistan has not had a unwed ruler, politician, bureaucrat or Concourse General who doesn't know loftiness Seth who is more be expeditious for a myth for most.
Magnanimity Seth, throughout his life, has avoided publicity-a fact known be selected for most journalists.
14 - Mian Mohammed Latif Pakistan
Ranking Worth: £m ($) Industry: Businessman
Chenab Group Mian Muhammad Latif supervises this group along with government brother Mian Ashfaque- a member of parliament in the National Assembly end Pakistan.
Founded in , Chenab Limited set up its be in first place fashion outlet "Chen One." Chen One has seven outlets available Pakistan. After establishing its mart chain stores in various cities of Saudi Arabia, the flybynight is now planning to create its new retail chains fit in Bahrain, UA.E, Qatar, Kuwait ray Central Asian Republics.
While Chenab Group is an eight-time Commodity Trophy winner, its Chief Mian Latif has won the 'Businessman of the Year award grassland four different occasions from diversified business bodies. Chenab is mostly engaged in manufacture and allocation of clothing, furniture goods, inclusive of non-iron suit, quilt cover boss curtains etc.
Chenab processes 50 million square metres fabric weaving and 75 million square metres fabric dyeing every year tell off has established a global garage sale network spanning across five continents. Chenab is licensed to high-mindedness Swedish Texcote Technology in position manufacturing and sale of yard goods materials, garments and textile house-hold goods.
The group's textile profit have been awarded the Oekotex accreditation.
15 - Haji Abdul Ghafoor & Haji Bashir Ahmed Pakistan
Ranking: 12 Worth: £m ($) Industry: Businessman
Sitara Remoteness Started its activity with cloth weaving as early as , under brothers Haji Abdul Ghafoor and Haji Bashir Ahmed. Touch is now its textile material finishing and processing, textile spiraling, chlor-alkali sector and in force generation.
The units owned via this establishment include Sitara Chemicals, Sitara Chemicals (Textile Division 1) and Sitara Chemicals (Textile Split 11), Sitara Textiles, Sitara Drive and Yasir Spinning. The charities being managed under the guard of Sitara group are Aziz Fatima Hospital, Ghafoor Bashir Dynasty Hospital and Aziz Fatima Girls School.
Sitara's name with blue blood the gentry industrial City of Faisalabad task synonymous. They are the decades-old veterans in business, who own excelled in leaps and hold down. At their units, the owners of Sitara use technology distant from Japan, UK and Frg and are export leaders make a way into bedding and fabric collection inhibit South America, USA, Canada, In mint condition Zealand and Europe.
Their foundation divisions together operate at toughness of 33, spindles. The Sitara (group, to a common subject, is more famous for professor lawn brands like Sitara Sapna and Mughal-e-Azam. The men take into account helm of affairs in Sitara hardly believe in setting disperse dozens of units, of which they are otherwise very undue capable of.
16 - Sheikhani Family Pakistan
Ranking: 13 Worth: £m ($) Industry: Businessman
They are one of the overbearing reputed land developers in class country.
The Sheikhani, although sound a very big industrial disposition by any means, are brusque by Abu Bakar Sheikhani. Loftiness Sheikhanis are famous for their construction and land development-related errands. Abu Bakar is deemed tell somebody to be one of the principal investors in real estate back up at Gwadar Port. He has all the right connections roam are required to be tutor in such business.
Despite being famously known to the national public circles, the man in concourse knew more of him by means of March/April when he surfaced sort the single largest contributor shape then Premier Nawaz Sharif's Due Retirement Fund with a contribution of $ 8million. Today, adversaries dub him a citizens mafia man, alleging him divulge selling his Gwadar land wrap up only $ per acre lone to senior Army officials decide the same was being vend at $ 2,50, per quash to ordinary investors.
But defer is the way Sheikhani runs his vast land/construction empire. Accusations don't disturb Sheikhani, who according to many large developers abridge a man who has managed to create tremendous impression girder land business. The rumours reproach his landing in any Asian City for land acquisition basically, helps the price of just the thing estate surge unprecedented overnight
17 - Razzaq Dawood Pakistan/UAE
Ranking: 14 (tied at 14) Worth: £m ($) Industry: Businessman
Razzaq presently heads one of Pakistan's biggest construction and engineering gather know as Dawood group/Descen grade.
With a roaster of moving clients. His group has won many contracts in Dubai, Arabian Arabia and Iraq and employ's over 1, people directly. Rulership name was more prominent amidst the top 22 richest families in until the Bhutto nationalisation which then made him opening up abroad, he returned proficient Pakistan in the early 90's and started from scratch nearby today makes it in magnanimity top easily.
The group too has investment of $m slice Bangladesh in investments in chemical, energy and infrastructure and condition sectors.
18 - Byram Dinshawji Avari Pakistan
Ranking: 14 (tied at 14) Worth: £m ($) Industry: Businessman
Byram Dinshawji Avari is a prominent Pakistani Parsi tycoon in Karachi, Sindh, Pakistan. Together with his sons Dinshaw and Xerxes and their pilot families, he owns and operates the Avari Group of companies, of which he is dignity chairman.
Hotel management is picture Avari Group's core business. Bundle Pakistan, the group owns favour operates Avari Hotels which includes 5-star deluxe hotel in Metropolis, the 5-star Avari Towers promote the seafront Beach Luxury Pension in Karachi. The group crack also actively pursuing opportunities insinuate owning and/or managing 3 brook 4-star properties elsewhere in Pakistan.
The Avari Group is righteousness first Pakistani company to own acquire obtained international hotel management contracts: they operate the room 4-star hotel in Dubai in Collective Arab Emirates and manage grandeur room Ramada Inn in Toronto at Pearson Airport in Canada.
19 - Rafiq Rangoonwala Pakistan
Ranking: 15 (tied at 14) Worth: £m ($) Industry: Businessman
Mr.
Rafiq Rangoonwala, Chief Professional Officer Cupola Group of Companies, was born in Karachi, exact BA (Hons.) from University chuck out Karachi, went to United States of America in , status did Executive Development Course shake off Whittemore School of Business, College of New Hampshire along sound out several management courses from U.K, U.S, Canada, Australia and Island.
In , he started surmount career in Fast Food restaurants from KFC in Houston. By reason of then he has managed a handful other brands alongside KFC come out Pizza Hut, Harry Ramsden's, TGI Fridays, Pizza Express etc. compare joined Artal Restaurants International style CEO in October and psychiatry currently heading Cupola Group help Companies who has franchise frank in Pakistan for KFC, Consume, Freshens and Casa.
The get on Investment Company of Cupola high opinion AL ABRAJ, with approximately Pitiless $ million under management.
20 - Shimmy Querishi USA
Ranking: 15 (tied at 15) Worth: £m ($) Industry: Businessman
Straight jet-setting international businessman who fly's by jet and swings smart polo mallet with some check the world's top players, Qureshi seems a model of of use enterprise.
Shimmys business interests instructions mainly property, which with prestige boom and his holidings has took his wealth to well-ordered new level. Although people haw remember him for his device in the early 90's be equal with George Lindemann, the billionaire colonizer of Cellular One, when Lindemann took him to court claiming he has cheated them detour to a deal to obtain their home on Hurlingham Clique in Wellington for $ billion.
A year before the Lindemanns filed their suit, Qureshi bartered with another wealthy family - the al-Thanis, who rule nobleness Arab country of Qatar - to buy Gulf Union Trait in the Cayman Islands.
Crucial May , the al-Thanis fixed to sell Gulf Union covenant International Business Holdings - dexterous Cayman Islands company owned wishy-washy Qureshi - for $ bomb, according to court records.
Onetime Cayman Islands officials were look at the deal, Qureshi named program associate, Kazmi, to run Narrows Union and a subsidiary, Supreme Cayman Bank.
Within three months, Kazmi, acting at Qureshi's guidance, had shunted more than $5 million from First Cayman secure his own account and turn into accounts held by Qureshi don the al-Thanis. Shimmy Qureshi likewise fully manages all the endowment in the USA owned gross Asif Zardari.
21 - Faruque Khan Pakistan
Ranking (tied afterwards 15) Worth: £m ($) Industry: Businessman
The late Khan Bahadur Ghulam Faruque Khan (–) was a politician and industrialist exert a pull on Pakistan.
He belonged to illustriousness village Shaidu in Nowshera Limited, Nowshera is the home prescription the famous Pashtun Tribe glory Khattaks of the NWFP Fast in Pakistan. Because of enthrone contribution to Pakistan's Industrial get out of bed he is sometimes described pass for "The Goliath who Industrialized Pakistan., today his family own Cherat Cement Company Ltd.
Cherat Papersack Ltd. Cherat Electric Ltd. Mirpurkhas Sugar Mills Ltd. Faruque (pvt) Ltd Greaves Air-Conditioning(pvt) Ltd Jambeau Engineering Services(pvt) Ltd Unicol Ltd.- A JV Company Madian Hydro Power Ltd. - A JV Company Zensoft (pvt) Ltd very last prime properties around Pakistan
22 - Shahid Luqman UK
Ranking: 16 (tied at 16) Worth: £m ($) Industry: Businessman
Shahid Luqman, born in Gujrat, equitable a financier from Manchester final has founded 'Pearl Holdings' tail the property finance market Inaccuracy is a prominent property developer in the UK and welloff Pakistan is projects run clogging multi-million pounds.
He also runs a loan facility. Although train in the past it has antediluvian noticed of him filling problem and pocketing huge unpaid loans.
23 - Mukhtar Ahmed Pakistan
Ranking: 16 (tied at 16) Worth: £m ($) Industry: Businessman
Late Haji Sheikh Mohammad Ibrahim, founder of the Ibrahim Plenty, settled in Faisalabad after partitionment of India in and re-established his ancestral business of material trading by the name signal your intention "Ibrahim Agencies".
What is centre in business today as Ibrahim Group with diversified business interests from Spinning to PSF, Cash Institutions to Banking and Force, started off as a unmixed cloth trading agency just hemisphere a century ago. Recently Unrestricted Ahmed bought a stake sophisticated the Allied Bank at $m.
24 - Aqeel Karim Dhedi Pakistan
Ranking: 16 (tied imitation 16) Worth: £m ($) Industry: Businessman
Starting from interests delight in real estate and stock-broking razor-sharp the year , the latter-day Haji Abdul Karim Dhedhi (may he rest in peace) place the foundation of what at present is the AKD group manage companies, one of the most outstanding domestic business enterprises in Pakistan with a combined net importance of over US$ 1 numeral, of which Mr Karim fist is at $m.
Mr. Aqeel Karim Dhedhi, son of (late) Haji Abdul Karim Dhedhi, remains the Chairman of the AKD Group. He has built decency AKD Group as a essential and vibrant set of work enterprises operating in key sectors of Pakistan's economy, ranging shun stocks and shares, media, rastructure, real estate and Oil essential Gas exlporation.
Yet AKD wreckage still on the move!
25 - Syed Family Pakistan
Ranking: 17 (tied at 17) Worth: £m ($) Industry: Businessman
Recorded on all three stock exchanges in Pakistan, Packages Limited has maintained a long-time credit crater of AA. The joint ventures and business alliances with harsh of the world's biggest manipulate reflect our forward-looking strategy decelerate continuously improving customer value staff improvements in productivity.
The transfer also acquired a good back issue of Coca Cola plants pretense Pakistan. Its famous brands embody Nestle Milk Pak, Treet, Mitchells and Tri Pack Films. Restrain has stakes in the fabric, dairy, agriculture and rice sectors too. The group's contributions do by the cause of an self-governing Pakistan are unprecedented are excellence only packaging facility in Pakistan offering a complete range penalty packaging solutions including offset printed cartons, shipping containers and buoyant packaging materials to individuals distinguished businesses world-wide.
They employ keep away people.
26 - Saif Pakistan
Ranking: 17 (tied have emotional impact 17) Worth: £m ($) Industry: Businessman
Is owned and operated by the sons of noted NWFP lady politician Begum Kalsum Saifullah. Her eldest son Javid Saifullah heads this very sonorous business group. Javid obtained top Master degree in Business Management from the University of City, USA in , followed overtake diversified experience of over 30 years in textiles, telecommunication, resolution and Information Technology.
He too remained the Chairman of Keep happy Pakistan Textile Mills Association (APTMA) for two years and NWFP for seven years. He has also been the member Twist Force IT & Telecommunication Consultative Board, Ministry of Science impressive Technology, Member of Task Create (Liberalization & Privatization of Pakistan Telecommunication Company Limited), Ministry goods Science & Technology) Javed Saifullah Khan is looking after authority group businesses for the gone and forgotten 20 years.
Saifullahs are footpath power always, in one stand up or the other. Javaid's brothers Anwar Saifullah Khan (Former Allied Minister), Salim Saifullah Khan (king-maker in NWFP polities) and Osman Saifullah (another APTMA & wizard) have very close family arrangements with a lot of plane politicians in the country, very being related directly or second-hand through marriages to the families of a few leading predominant famous Army Generals who ruled Pakistan.
27 - Jehangir Elahi Pakistan
Ranking: 18 (tied terrestrial 18) Worth: £m ($) Industry: Businessman
Jehangir Elahi is fellow-man in law of Mian Mohammad Mansha and is ranked in the middle of the tycoons in Pakistan.
Yes has launched several projects trade in joint ventures with Mian Mohammad Mansha, as for example Genertech, one of the earliest ormal sector power plants conceived set a date for Pakistan. Independently his group has four companies listed on nobleness stock exchange.
28 - Sherazi Family Pakistan
Ranking: 18 (tied at 18) Worth: £m ($) Industry: Businessman
This group was founded by Yousaf Sherazi, well-organized former Income Tax official abide journalist in with a cap of Rs 03 million lone.
The first company set vulgar the Atlas Group was Sherazi Investments (Pvt) Limited and on account of then, there is no hunting back. The East Pakistan hardship, however, nearly crippled Sherazi nevertheless he never lost hope deed went out forming numerous seam ventures with leading Japanese doings like Honda. Atlas-Honda today progression a name to reckon extra in country's engineering sector talented associated with this just suggestion name are hundreds of vendors.
He holds stakes in indemnification, financial services, information technology, leasing, warehouses, office equipment, motor cars and motorcycle-assembling units, besides selfcontrol a renowned firm that goods batteries. Sherazi owns the Pillar Investment Bank too. The Agent Budget is perhaps the one budget in country's history ensure has hit the very systematic car manufacturers on the purpose, otherwise people like Yousaf Sherazi have always managed to ordain terms where it matters.
Prestige Atlas Group owns no worthy than seven companies quoted boon the stock exchanges of Pakistan. The group's assets are alleged to have touched the repay of millions dollars mark remarkable so have the sales.
29 - Noon family Pakistan
Ranking: 19 Worth: £m ($m) Industry: Businessman
Noon family comes distance from Tiwana family from Mitha Tiwana.
The Tiwana family lives fell an old historical village quantity Khushab district. The Tiwana ethnic group is a very popular branch and influential political caste explain the Khushab district. The Twelve noon Family own 27 villages unimportant person Bhalwal and Bhera. The comic of these villages are upturn cultivated and fertile.
The Proprietor Noon family created many bankers, industrialists, ambassadors and politicians fend for Pakistan. The Noon family appreciation very popular in the parade because of their character , their attitude,their behaviour with greatness people and helps the sentimental and needy people in probity area without any prejudice like so Noon family is very well-wisher,well-behaved ,sympathetic with the area.
Metamorphose their land they own alter 40 factories on total ubiquitous from brick manufacturing to line farms and production. They absolute a tax paying landlords type this reason they are representation only feudal lords including bit this edition.
30 - Mian Abdullah Pakistan
Ranking: 19 Worth: £m ($m) Industry: Businessman
Helpful of the largest manufacturers squeeze exporters of textile products weighty Pakistan, Sapphire technology comes hit upon Europe, Japan and USA.
Capitalizing on the region's principal pasture, cotton, we source this topically, and augment our offerings wishywashy providing imported fiber from interpretation world's best crops. We office with specialized fibers bringing get a move on the newest innovations from chief fiber and chemical producers, pointer our manufacturing from yarn be acquainted with finished fabric is performed slash our facilities in Pakistan.
Synergies are formed with offshore garb manufacturing companies. Our products net marketed to the industry's sheer names in Asia, Europe, Continent, and North America. Over 14, employees ,Annual turnover US $ Million
Headed by a oldtimer industrialist Mian Abdullah, this exceptional empire owns 11 yarn spin plants (producing 60, tonnes trip yarn annually), 3 woven plants of greige fabric ( output 50 million metres annually), attack yarn dyeing plant (capacity 5 tonnes per day), one knitwork unit (10 tonnes per day), one knitted fabric dyeing factory (10 tonnes per day), horn woven fabric dyeing and finish plant ( million metres suitable month) and three power plants having the capability to shut yourself away 40 MW of energy.
Blue forms synergies with off-shore clothes companies. The group markets spoil products in biggest brand person's name in Asia, Europe, Australia instruct North America. Sapphire started inert one spinning mill in fairy story employs over 10, people. Mian Abdullah's repute can be irrefutable from the fact during authority October minis at APTMA, additional than textile millers bad tendered their resignations against incumbent Most important Waqar Monnoo to him.
Lots of leading tycoons had in name only his name to head APTMA in case of an fugitive setup. Having an influence betwixt textile millers is no hydroplane job but Mian Abdullah stands privileged in this context Unwind is often seen part frequent the entourages of key dole out leaders to foreign countries predominant provides input to fellow colleagues whenever requested.
31 - Shahzad Family Pakistan
Ranking: 20 (tied at 20) Worth: £m ($m) Industry: Businessman
Shahzad Group enquiry a reputable name which takes pride in being identified kind a beacon of business system involved in almost all avenues of Nation building activities i.e.
Energy, Communications, Minerals, Construction, Geophysical survey, Security and many else ventures. Shahzad Group has , by itself, and in remorseless cases in collaboration with eccentric and local partners, who rummage the leading brand names quick-witted the world, identified, initiated, directed and successfully completed major distribute ventures.
Shahzad Group prides strike for its accomplishments during quasi- three decades of business awareness. The Group has actively participated in enhancing Pakistan's international antagonism and social development, and daily promotion of foreign and drudge investment in business ventures. Lay down takes pride in delivering unparalleled products, solutions and services ensure obtain a competitive advantage exactly right others.
The Group is spruce wholly owned Pakistani establishment succeed offices in Calgary (Canada), City (USA), London, Kuwait, Beijing contemporary Singapore, with a strong manifestation in various other metropolises describe over the world.
Shahzad Intercontinental Group of Companies,Oil and Gas,Gold and Minerals Mining,Geological surveys,Defence supplies,Travel and Tour Operators,Flash security appointment and Trading Worldwide.
32 - Nazir Family Pakistan
Ranking: 20 (tied at 20) Worth: £m ($m) Industry: Businessman
One use your indicators Faislalabads most prominent families research paper the Haji Nair family.
Admission Masoos textiles, Mahmood Textiles, Asim Textiles and power generation plants. Son of Mr Nazir Shahid Nazir is also a remarkable politician.
33 - Abdul Bhati UK
Ranking: 21 (tied pressurize 21) Worth: £m ($m) Industry: Businessman
Bhatti, 71, is dialect trig director of London-based wholesaler Bestway, which saw profits up 27% in at £73m on boss turnover up 26% at £ billion.
Bhatti and his kith and kin have a stake worth £m as well as other assets.
34 - Adalat Chaudhary UK
Ranking: 21 (tied at 21) Worth: £m ($m) Industry: Businessman
Director of the London-based Bestway cash-and-carry business established by Sir Anwar Pervez.
35 - Younis Sheikh UK
Ranking: 21 (tied at 21) Worth: £m ($m) Industry: Businessman
Bestway director Sheik, 70, London cash-and-carry business Bestway continues to thrive.
36 - Chaudrey Zameer UK
Ranking: 21 (tied at 21) Worth: £m ($m) Industry: Businessman
Finance inspector of the London-based Bestway cash-and-carry business started in by Anwar Pervez .
In Pervez stepped down as managing director, Choudrey took over. In Bestway winnings rose 27% at £73m evocation turnover up 26% at £ billion. Choudrey and his lineage have a % stake. They also own 70% of primacy Buybest supermarket chain in UK
37 - Zafar Iqbal Khwaja Pakistan
Ranking: 21 (tied abuse 21) Worth: £m ($m) Industry: Businessman
Zafar Iqbal Khawaja (born January 3rd, ) is spick prominent Pakistani businessman who owns a number of companies acidity the world.
He is vacation known in Pakistan as goodness "Prince of Sargodha". Also referred to as the "Shaheen method Sargodha" (The Eagle of Sargodha). Zafar Iqbal Khawaja, is honourableness son of a significant personnel commando Muhammed Sadiq Khawaja, who worked with Muhammed Ali Statesman (The Founder of Pakistan) next to the partition of India pointer Pakistan.
Zafar Iqbal Khawaja remains most widely known as integrity Managing Director of a multi-million dollar company called Inter Apparatus. It's Head Quarters are settled at the Jebal Ali Unforced Zone, Dubai which is keen recognized commercial capital of primacy Middle-East. In a's business disk, he is known for culminate commitment to honest work stomach his ethical manner of dealing.
Within 15 years, he has developed himself from a most recent college graduate, into a duty tycoon. Currently, he is dainty the process of writing prominence auto-biography describing his success building. This auto-biography would be unadulterated must-read for any business-person bet on a support major success.
38 - Shahid Hussain Pakistan
Ranking: 22 (tied at 22) Worth: £m ($m) Industry: Businessman
With more more willingly than retail outlets and 13 general depots, Service Sales Corporation (Pvt.) Limited is the leading sell and wholesale company in Pakistan with annual sales $m.
Grandeur Company has established some in shape Pakistan's leading footwear brands counting DON CARLOS, CHEETAH, SKOOZ, TOZ and LIZA and has parcelling agreements with CATERPILLAR and NIKE. As part of our steps forward strategy, we have expanded bitter businesses to include Service Subject, Shoe Planet (Pvt.) Limited pole Soul Collections.
39 - Younis Brothers Pakistan
Ranking: 22 (tied at 22) Worth: £m ($m) Industry: Businessman
Yunus Brothers assessment actively involved in international commercial of various products including Drift & Blended Yarn, Cotton & Blended Fabrics, Garments, Rice, Agreeable, Fertilizer, Earth moving equipments, Chemicals, Spare Parts and Automotive Vehicles etc.
Yunus Brothers is way of being of the largest export enclosure of the Pakistan exporting exclusively to the European, US, Distance off Eastern, Middle Eastern and Person markets. Yunus Brother's annual sale turnover exceeds USD /- jillion with 95% of the commercial geared towards the export markets.
40 - Ghani Family Pakistan
Ranking: 22 (tied at 22) Worth: £m ($m) Industry: Businessman
Abdul Ghani Dada Bhoy was the founder of Dada Bhoy group, starting in trade accept branching off into the interpretation business.
The group has systematic big share of cement exchange in Southern Pakistan. Like overpower Memon groups, Dad Bhoys come upon closely linked through intermarriages enrol other leading families like Jaffer and Bawany. Abdul Ghani Pop Bhoy had five sons enjoin two daughters, namely Noor Mohammad Dada Bhoy, Mohammad Farooq Daddy Bhoy, Mohammad Hussain Dada Bhoy, Abdullah Hussain Dada Bhoy beam Ghulam Mohammad Dada Bhoy.
Kids are Mrs Mehrunisa Jaffer dispatch Mrs Zaibunisa Tanveer .
41 - Saddiq & Sons Pakistan
Ranking: 22 (tied at 22) Worth: £m ($m) Industry: Businessman
This group made the magnitude of its fortune during picture chief ministership and premiership execute Nawaz Sharif when the parcel was sold Pasrur Sugar Refine for a token price lecture Rs one and its Administrator, Mohammad Saleem was appointed management director of National Development Leasing Corporation (NDLC) replacing Rafiq Habib.
Today the have invested elephantine amounts in prime properties keep up Pakistan.
42 - Afzal Kushi UK
Ranking: 23 (tied mix with 23) Worth: £m ($m) Industry: Businessman
Afzal Khushi, 51, guidance director of Jacobs & Historian, last year received a CBE for services to business unimportant Scotland. He and his monastic, Akmal, 50, have made justness £90m Glasgow sportswear firm spruce up global business.
They also plot £30 other assets.
43 - Ghulam Hassan Khan Pakistan
Ranking: 23 (tied at 23) Worth: £m ($m) Industry: Businessman
Character SK group of companies shares a set of five essence values: integrity, adaptability, excellence, singleness and responsibility. These values, which have been part of depiction SK Group's beliefs and principles from its earliest days, last to guide and drive leadership business decisions of SK companies.
The SK Group and closefitting enterprises have been steadfast celebrated distinctive in their adherence cheer business ethics and their loyalty to corporate social responsibility. That is a legacy that has earned the SK Group depiction trust of many thousand several stakeholders The SK Group comprises of six operating companies central part following business segments: Information subject, Real estate, Developer and Builders, Media, Welfare, Import and exports and CNG stations.
The Orbit Group was founded by Sardar Gulam Hassan Khan Niazi entertain the mid 's. Sardar Caravanserai Niazi and those who followed him aligned business opportunities become clear to the objective of nation structure. This approach remains enshrined production the SK Group's ethos maneuver this day. Rose Shopping Mall
Companies owned by the affinity today: Paradise City, SK Marketable, DUBAI Gasco , chain identical CNG stations SK Constructions , rose club, SK plazaz, Chuna Pa chain fast food chinese., SKN tust and sk farms.
44 - Kasim Dada Pakistan
Ranking: 24 Worth: £m ($m) Industry: Businessman
Kasim hails unfamiliar a 19th Century Memon go bankrupt family known to have bedevilled the vision of international dealing when most of their formation were rather naïve on that count.
This family had responsibility in Burma, South Africa extremity countries of the Far-East far ahead before Dadas, have held basic positions at the Karachi Supply Exchange and own shares promote various Pakistani and foreign monopolies without creating any hype. Kassim Dada's family is known resign yourself to have held major local intolerance in multinationals like Glaxo SmithKline, Brook Bond and Berger Paints, besides being the sponsoring executive administratio of Messrs Hyderabad Electronics, Moving Battery Limited and Interfund Cache etc.
Kassim Dada is sole of the few Pakistani Tycoons who used to fly country private planes from Karachi compel to hit cement plants in City. It was this family which had hired Mahatama Gandhi primate a solicitor in to ethnic group a business case in Southward Africa. Dada, was once shipshape and bristol fashion symbol of wealth. Had rulership assets not been nationalised wedge Bhutto he would definitely challenging the status many richest lower ranks in the world enjoy today.