The top 10 richest people in Pakistan 2022. Pakistan’s population can be divided into lower-income and middle-income groups. However, a small number of elites are accumulating huge wealth. According to the Global Wealth Indexes, only 0.1% of Pakistan’s elite-class wealth was available in 2018. While India is home to 16 billionaires, only a handful of our fellow citizens made it onto the Forbes 2019 list.
Top 10 Richest Men in Pakistan – 2021
We have selected the top 10 richest people in Pakistan based on their net worth.
Source of income: Flex-N-Gate, Jacksonville Jaguars, Fulham F.C, All Elite Wrestling.
Net Worth $8.3 Billion
Shahid Khan, an American businessman who was born in Pakistan, is the richest man in Pakistan with an estimated net worth of $8.3 million in 2019. Khan was born in 1950 to a middle-class family in Lahore and moved to the United States to pursue higher education in 1967. His first job was to wash dishes at a local restaurant, which cost him just $1 an hour.
Shahid Khan, a man of strong will and charismatic personality, started his own business. In 1978, he began to make one-piece bumpers for cars.
Two years later, he bought Flex-N-Gate Corporation, which he had first joined as an engineer director. Today, the company has more than 24,000 employees and has 66 plants.
Forbes Billionaires 2019 ranks the owner of Jacksonville Jaguars NFL and Fulham F.C English Premier League teams at 61st. Tony Khan, his son, has also started All Elite Wrestling.
Net worth: $2.7 billion
Source of income: Nishat Group, MCB Ltd, Adamjee Group, Nishat Chunian Group, DG Khan Cement
He was the first billionaire to come from Pakistan. He was born during the 1947 Partition. His parents were among the Muslim families that made the journey from India to Pakistan. His father and uncles joined Nishat Mills in 1951 to venture into textiles. Mian attended college in the UK and after graduating he joined his family’s business. His Nishat Group, Pakistan’s largest exporter and largest employer of cotton clothing (for brands like Gap), also invests in power plants and cement. A good bet in banking: In 1991, the Muslim Commercial Bank was the winner of a controversial bidding.
He is also the owner of the Muslim Commercial Bank, one of the most successful private banks in the nation. He is also the founder of and chief executive officer of the multi-national conglomerate Nishat Group, based in Lahore. In assembling the vehicles from Japan to Pakistan, the Nishat Group collaborated with Hyundai Motor.
Mian Mansha also controls Nishat Chunian Power & Nishat Company and Adamjee Group. He also has investments in the transportation sector. He has also made investments in Pakistan’s large-budget infrastructure projects including energy production and seaports.
Sir Anwar Pervaiz
Net worth: $4.6 billion
Source of income: Bestway Group, UBL
Sir Anwar Pervez is one of the 10 richest men living in Pakistan. Like many successful people, his life story is filled with hard work and sincerity. His success is due to “one percent chance,” 99 percent discipline, integrity. Anwar Pervez was born in Punjab in 1935. He comes from a poor family. Pervez used to walk barefoot to school. Upon done
At 21 years old, he moved to the United Kingdom and started working as a bus driver in Bradford. After five years as a bus driver, he had enough money to bring his family members to Britain.
It also works with the banking, pharmaceutical and steel industries. He is also a major shareholder of United Bank Limited (UBL). Sir Anwar, with $4.6 billion net worth, is the richest Pakistani in the UK.
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Pervez, aged 82, is an eminent figure in the United Kingdom. Sir Anwar Pervez was knighted in 1999 by Queen Elizabeth II. He is also a lifetime member of House of Lords.
He also received many UK awards, including the Year’s EMMA Business Personality Award, the Barclays Business & Commerce Quality Award, and the Outstanding Business Grocer Cup.
Net worth: $3.4 billion
Source of income: Marriott Hotel, Pearl Continental Hotel, Orient Petroleum
Mr. Sadruddin Hashwani started trading in cotton in 1960. Today, his industrial group is one the largest in the country. It includes Real Estate, Oil & Gas and Hospitality. IT, Ceramics, Pharmaceuticals, and Real Estate. He is one of the most prominent figures in the international hospitality industry. He has received many awards, including a gold medal in Pakistan for distinguished services in the hospitality sector.
Hashoo Group, founded in 1960 by Hashwani, is a global business that includes more than 20 independently-operated businesses. The company is based in Pakistan and operates on three continents. It aims to be long-term sustainable, increase shareholder value, provide career opportunities, and support community development wherever it operates.
His company’s Pearl Continental Hotels, and Marriot Hotels are industry standards in Pakistan for the hospitality sector. His company also expanded into social entrepreneurship, where it won numerous awards around the world.
Nishane-e-Imtiaz is the highest civilian honor in Pakistan. It recognizes the country’s achievements and outstanding services.
Asif Ali Zardari
Net Worth: $1.8 billion
Sources of income: Diversified, Agriculture and Real Estate
Asif Ali Zardari, a Pakistani politician with a net worth of $1.8 billion, is Asif Ali Zardari. He is among the 10 most wealthy people in Pakistan. He was previously the 11th President of Pakistan from 2008 to 2013. Currently the co-chairman of Pakistan Peoples Party.
However, Zardari began making his own money even before he became a politician. Zardari’s wealth comes mainly from Pakistan’s sugar mills and other businesses that he owns. Zardari was elected president of Pakistan after the assassination his wife Benazir Bhutto (who served as Pakistan’s prime Minister in the 1990s).
However, the calculation does not include his recorded places in Surrey, London’s West End and Normandy.
Net worth: $1.5 billion
Source of income: Bahria Town
Director of the Bahria Group is Malik Riaz. He is a Pakistani real-estate tycoon. Malik Riaz was born to a failed contractor. Because of the ups and downs in his business, he was unable pursue his studies after Matriculation. After matric, he began to work as a clerk for the Military Engineering Service. He established contacts and began to learn how the system worked.
In 1995, he established a construction firm under Hussain Global. Malik Riaz, a Pakistan Navy charity, signed an agreement to create a gated community called Bahria City with the help of his contacts. In the 2000s, the entire shareholding was transferred by the Pakistan Navy to Malik Riaz.
Mian M. Nawaz Sharif
Net worth: $1.4 billion
Source of income: Sharif Group, Ittefaq Steel and Real Estate
Nawaz Sharif, former Prime Minister of Pakistan, is also among the 10 richest Pakistanis. Ittefaq Steel is Pakistan’s largest steel producer. Sharif is the director. Sharif’s family also invests in food, sugar, and transportation. His net worth can reach $1.4 billion. This does not include undeclared assets, particularly those in the U.S., UAE, England.
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Nawaz Sharif is believed have amassed a huge fortune during his tenure. His net worth does not include undeclared assets in the United Kingdom, UAE and the United States. His total wealth has yet to be accurately estimated.
Net Worth: $1 Billion
Sources of Income: Schon Property
Together with his brother Tahir Schon he is the owners of Schon Properties. The company was founded in 1971 and became a huge success when it launched its UAE real-estate projects. The company was awarded many awards in the UAE, including the Bestway Office Design Award and CNBC Arabian Property Award. With a net worth $1 billion, he is the sixth-richest man in Pakistan.
Rafique. M .Habib
Net worth: $0.95 billion
Source of Income: Habib Bank Limited, Habib Metro, Habib University and Indus Motors Company
The most prominent name in Pakistan’s business industry is House of Habib’s leader man. This business group is the owner of multiple companies, including Habib Metro Limited, Habib Metro Public School, Habib University and Indus Motors Company. Rafique M.Habib, Pakistan’s ninth richest man, has a net worth $0.95 billion.
Net worth: $0.9 billion
Sources of income: Saigol motors, Kohinoor textiles mills & power companies.
Tariq Saigol, the owner of Kohinoor Maple, Saigol engines and Sajeel engines, ranks 10th in the list of Pakistan’s richest $0.9 billion net businessmen. He has also made significant investments in the textile mills in Kohinoor, Pak electron and the power company in Kohinoor.