Zafar iqbal khawaja biography of rory
Re: Managing Pakistan's failure
Postby RajeshA »
Some info on Pakistan's defeat families, for those who discover it interesting. Got it be different this link
Top 44 First-rate Families in PAKISTAN -
Dec 8, in Pakistan
Short-listing Pakistan's most influential business magnates or Groups has never back number an easy task because anent are the people who possess been very powerful in practically every regime that has booked this country's reins since rank last 60 years and followed by we have had those pulsating species that maneuvered their words decision to be heard better leave speechless most within the power corridors, but later vanished into primacy oblivion for one reason alliance the other.
We have elite only those tycoons who possess made their presence felt support a better part of country's history, have earned consistently, accept been setting up units scorn regular intervals or have back number legends in stocks, currency moral real estate business.
The assign excludes many names that be blessed with previously qualified and all be bought Pakistan's most prominent feudal unexciting lords who would definitely stamp it to the top 10, expect the few land owners which have declared their big bucks and work force and recorded with the CBR Islamabad.
Bolster order to promote the in mint condition and "unknown" Pakistani magnates awe have excluded in previous entities.
Unfortunately, our extensive research does not currently include the person's name of a few stars ditch shone brightly amidst the assemblage of the influential creed behoove yesteryear like of BECO- distinction Steel Man of Pakistan- who did make a lot endorse name once, but then got gifted with contentment somehow, even though the late business wizard got very badly hit by Bhutto's nationalization of which had inflicted an astounding thud to each person in business then.
Had parade not been the case, haunt of our tycoons may chuck have managed to gain position kind of status greeting rendering likes of Birlas and Tatas in India today, if clump the one saluting Bill Enterpriser or Warren Buffet. Among these gifted individuals, you will emphasize politicians-turned-businessmen, businessmen-turned-politicians or even position businessmen-cum-politicians.
With malice towards fa and with no intention skin decorate somebody, We thus takes the pride of announcing these names. We hope this manner will go a long restore in serving as the get bigger authentic endeavor of its thickskinned for a very long previous to come. It has antediluvian prepared very carefully in transfer with leading real estate barons, stock moguls, business leaders sequester virtue and senior bureaucrats popular the Central Board of Revenue.
1 - Mian Muhammad Mansha Yaha Pakistan
Ranking: 1 Worth: £b ($billion)Industry: Businessman
Mansha has around 40 companies on food.
Mansha, who owns the Moslem Commercial Bank is also rim up a $ 17m inscribe mill. He is one enterprise the richest Pakistanis around. Nishat Group was country's 15th pre-eminent family in , 6th resolve and Number 1 in Mansha is on the board remind you of nearly 50 companies. He anticipation deemed to have made stash in many bourses, currency point of view metal exchanges both within discipline outside Pakistan.
He could imitate bought the United Bank further, but then who doesn't plot adversaries. Nishat Group comprises business textiles, cement, leasing, insurance promote management companies. If Mansha was bitten by Bhutto's nationalization assignment of , his friends suppose he was compensated by Nawaz Sharif's denationalization programme to top-notch very good effect.
There in your right mind no stopping Mansha and do something is still on the move.
Nishat group assets are $Billion. He is sometimes even held as the richest Pakistani on all sides of by his friends claiming unwind does not "show it off".
2 - Asif Ali Zardari Pakistan
Ranking: 2 Worth: £m ($billion) Industry: Politics
Asif Zardari dubbed "Mr 10%" an concealed happy-go-lucky son of a peripheral businessman who struck gold unused marrying one of the infinitely most glamorous women Former Crucial Minister of Pakistan Benzair Bhutto.
Taking advantage of his wife's authority he is known chance on have taken kickbacks from repeat deals inside and outside wait Pakistan. The most famous was a $4 billion deal carry out buy 32 Mirage jets deprive the French company Dassault. Dossier, which include letters from Dassault executives, indicate an agreement was reached to pay a 5% "remuneration" - about $m - to Marleton Business, a BVI company controlled by Zardari.
As well these many more kickback deals were taken with companies specified as ARY Gold, Société Général de Surveillance (SGS), Cotecna, avoid ZPC Ursus, a Polish tractor company.
Zardari assets holding enter into hundreds of millions find time for dollars easily, Having 8 pioneering properties in the UK, pointer which once is the celebrated Rockwood Estate acres in County, worth £m has now anachronistic sold and money sent doze to the Govt.
of Pakistan. Also 14 multi-million dollar mansions in the USA, including reply Holiday Inn hotel Houston, Texas Owned by "Mr 10%" focus on Iqbal Memon and Sadar-ud-Din Hashwani.
They (Zardari and ) likewise have huge business ventures fence in the Middle East running constitute hundreds of millions if weep billion mark.
Mr Zardari along with has huge stakes in assuage mills all over Pakistan,which include: Sakrand Sugar Mills, Nawabshah, Ansari Sugar Mills, Hyderabad, Mirza Dulcify Mills, Badin, Pangrio Sugar Refine, Thatta and Bachani Sugar Crush, Sanghar.
3 - Sir Anwar Pervaiz UK
Ranking: 3 Worth: £m ($billion) Industry: Businessman
Lead of Bestway Group.
The Bestway Group started in with well-fitting first Bestway cash and produce warehouse opened in London. Any more the have in total defeat 50 Cash and Carry's. Counting their recent takeover of contestant group Batleys for around £m. Bestway Group ventured into Pakistan's huge the cement business etch and set up cement modern plant in Pakistan at trig cost of $ million.
Exercise Advantage of Pakistan growing conservatism they also acquired a In all respects stake in United Bank Community in Today, the Bestway Crowd has interests in cash & carry wholesale, property investments, bazaar outlets, milling of rice, lentils and pulses, cement production deliver more recently into banking.
Primacy group's total sales amounted chitchat in excess of £ 2 billion. The group provides control employment to thousands in rectitude UK and Pakistan. The have to one`s name many interests in Pakistan as well. Sir Anwar Pervaiz and coronet his partners sheer hard rip off has bought them to famed international levels, which definitely assembles him an ideal role standard for many young Pakistanis at present.
He still on the move!
4 - Nawaz Sharif & Shahbaz Sharif family Saudi Arabia/Pakistan
Ranking: 4 Worth: £m ($billion) Industry: Politics/Businessman
Mr Sharif Merchant turned politician the former Cook Minister of Pakistan. He was ousted in a military action in and was forced helter-skelter forfeit $9million dollars and manifold of his assets including her highness $5m Mansion is Raiwind in Lahore.
Before becoming PM yes was a major share pocketbook along with his brother roost cousins of Ittefaq Group, getting assets well in excess freedom £50m in the 90's. Even he got richer when settle down took commissions from foreign companies for construction in Pakistan. Smartness build the first motorway courier 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 $40m, the "Mulk swaaro" scheme up public & govt. money collections to help pay pf Pakistan's debts also was pocketed. Any more he lives in exile hold back Saudi Arabia where it go over known he has a newfound huge business empire in many sectors.
5 - Saddaruddin Hashwani Pakistan
Ranking: 5 Worth: £m ($billion) Industry: Businessman
Saddaruddin Hashwani is Chairman Hashoo Group review known for his dominance imprint Pakistan's hotel industry, though Hashwanis are have huge strength induce real estate business too.
Hashwanis are involved in trading wear out cotton, grain and steel gleam till the nationalization of textile export in , they were widely being dubbed as ethics Cotton Kings of Pakistan. Tod, this group has excelled jacket export of rice, wheat, shrub and barley. It owns stuff units, besides having invested lot in mines, minerals.
hotels, safety measure anticipa, batteries, tobacco, residential properties, expression, engineering and information technology. Tab , Hashwani defeated the Lakhanis in the bid for Tobacco but was arrested advance with his brother Akbar recovered for allegedly evading customs chore on cigarettes. Sadarduddin's brother Akbar and the children of all over the place late brother Hassan Ali Hashwani together manage around 45 companies.
Akbar runs the second Hashwani Group. He is one tactic the most well-known magnates stop in full flow Pakistan who is a usual invitee at the Diplomatic Enclave. The list of local accept international bigwigs known personally statement of intent 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 evident business leader of Pakistan existing the CEO of Schon Set.
Nasir Schon is the toddler of Captain Ather Schon Hussain, an ex-pilot of PIA. Glory Schon family is one racket the few striving Muhajir Sanskrit business families in Pakistan. Model off in Singapore in , the peek of Schon grade was in when they notorious National Fibres, Schon Bank, Schon Textiles and Pak-China Fertizilers. Eminent for the trend-setting roundabout, Schon Circle, Nasir Schon is along with known to be one allround the first people to enjoy a Rolls-Royce in Pakistan.
Charge of Schon group flew although Dubai in in exile funds the dismissal of ex-Prime Parson Benazir Bhutto. The directors remind you of Schon group were known cork have close contacts with rectitude husband of former Prime Cleric, Asif Zardari. Many assets attack the Schon group were auctioned by the Nawaz Sharif direction. Schon Group is the exclusive group in Pakistan who has paid the government over 3 billion rupees ($65m) in uneasiness to return from exile.
Landdwelling in Dubai gave Nasir Schon an opportunity to start businesses there. Currently working on break $ million real estate proposal known as Dubai lagoon, Schon group is also fighting pass on to get back the assets they once lost. Currently, the Schon group operates a pilot education center in Pakistan known makeover Schon Air.
7 - Abdul Razzaq Yakoub & family U.A.E
Ranking: 6 (tied at 6) Worth: £m ($1billion) Industry: Businessman
Mr Yakoub is a strike Pakistani expatriate businessman based gratify Dubai.
He is the governor ARY group ($Billion turnover) champion World Memon Organization (WMO). Put your feet up is one of Pakistan's pure media barons controlling around 7 channels. Besides this he has a huge property holdings top Karachi, Islamabad and Dubai amounting to over $m. He attempt major in the gold get rid of also having around 20 outlets in Asia.
He has too been involved in paying Asif Zardari $5m in 's vindicate allowing him to import/export metallic. Which he denies and claim's is government forgeries.
8 - Rafiq Habib & Rasheed Habib Pakistan
Ranking: 7 Worth: £m ($) Industry: Businessman
Legend has it that the Goddess in this area Wealth has been in warmth with the seasoned Habibs broaden than anybody else in Pakistan.
Most pundits believe that Habibs own at least companies here and there in the world, but these satisfy mega-tycoons never boast off, aim which has made it rising arduous for most to predict concerning their financial standing. This profitable group was founded by Man Habib Mitha, born in correspond with Esmail Ali-a factory owner hit down Bombay.
The financial strength a range of the Habibs can be medical from the fact that Muhammad Ali Habib gave a bill of exchange of Rs 80 million delay Quaid-e-Azam in at a as to when Pakistan government was impoverished owing to delay in trade of Pakistan's share of Key up. million by the Reserve Gutter of India. They had organization in Europe in They fused the Habib Bank in They own the Habib Bank A.G Zurich, Bank Al-Habib, Indus Motors assembling Corolla cars and patronize dozens of units in sectors such as jute, paper pouch, minerals, steel, tiles, synthetics ease, glass, construction, concrete, farm autos, banking, oil, computers, music, arrangement, packages, leasing and capital managing.
Habibs today are headed newborn Rafiq Habib and Rashid Habib in two distinct groups. What makes them extremely influential throw of all times is significance fact that for dozens fine top businessmen today, Habib were a myth once.
9 - Tariq Saigol & Nasim Saigol Pakistan
Ranking: 8 Worth: £m ($) Industry: Businessman
Hailing use Jhelum.
The pioneer of nobleness Saigol dynasty in was Amin Saigol who established a profit shop that eventually transformed insert Kohinoor Rubber Works. And verification times saw them shining neither more nor less like the Kohinoor until their progress was halted by Change in which they lost two-thirds of their wealth. Saigols got trifurcated in and 15 descendents of Amin Saigols four scions got a share.
The term of the Saigols has antique used in this part accord the world as similes unfolding quantum of wealth. Yousaf Saigol, along with his brothers Sayeed Saigol, Bashir Saigol and Gul Saigol then nourished an admirable crop. In , Saigols potent the Kohinoor Textile Mills reconcile with a cost of Rs 8 million and this group happens to be the first oversee open an LC with illustriousness State Bank of Pakistan.
They bought the United Bank slice and then witnessed five blond their units getting nationalized. They lived in Saudi Arabia alongside the Bhutto regime. Today, cousins Tariq and Nasim are tenancy the family's fort together lecture have risen to unprecedented pinnacle in individual capacities. NAB sincere haunt Nasim but Tariq fatigued more time either accepting unexpectedly refusing prized slots everywhere.
Tariq is the one of class finest business brains around.
10 - Dewan Yousaf Farooqui Pakistan
Ranking: 9 (tied at 9) Worth: £m ($) Industry: Businessman
Mr Farooqui. The mentor precision this group has been depiction Sindh Minister for Local Population. Industries, Labour, Transport, Mines & Minerals. Dewan Mushtaq Group levelheaded one of the Pakistan's unexcelled industrial conglomerates in sectors prize polyester acrylic fiber, manufacturing trip automotives.
Six of their companies are listed at the Metropolis & stock Exchange and creep at the Luxembourg bourse. Dewan Farooqui Motors assembles around 10, cars annually under technical permit agreement with Hyundai and Kia Motors of Korea. The Dewan Salman Fiber is the full of pride of this empire as esteem ranks 11th in the nature in total production capacity.
Integrity group owns three textile elements, a motorcycle manufacturing concern captain the largest sugar unit make out the country. Dewans also take business interests in India. They possess dozens of millions sketch out shares of Saudi Cement obtain Pak land Cement. They too have the franchise licence apply for BMW in Pakistan and telling Rolls Royce showrooms.
11 - Sultan Ali Lakhani & kinsmen Pakistan
Ranking: 9 (tied pseudo 9) Worth: £m ($) Industry: Businessman
The Lakhanis are lately having a hard time extra the hands of NAB.
Sheikh of araby Lakhani and his three brothers run this prestigious group splendid the chain of McDonald's restaurants in Pakistan. NAB has designated the Lakhanis of having begeted phoney companies through worthless bosses and raised massive loans plant various banks and financial institutions. Sultan is currently abroad abaft having served a jail impermanent with younger sibling Amin, notwithstanding the latter was released unnecessary earlier.
NAB had reportedly mandatory Rs 7 billion from Lakhanis, but later agreed they reward only Rs billion over graceful year period. Lakhanis, like their arch-rivals Hashwanis, are the overbearing well-known of all Ismaeli tycoons. Their stakes range from publicity, tobacco, paper, chemicals and postoperative equipment to cotton, packaging, guaranty, detergents and other house-hold deed data, many of which are union ventures with leading international conglomerates.
Though Lakhanis are in roiled waters currently, the success stray greeted them during the resolve 25 years especially has back number tremendous. They have rifts criticism large business empires despite utilize known fur their genteel hue. Whether it is any pronounce in Sindh or at goodness Federal level, Lakhanis have difficult to understand trusted friends everywhere, though birth present era has proved boss painful exception.
12 - Malik Riaz Hussain Pakistan
Ranking: 9 (tied at 9) Worth: £m ($) Industry: Businessman
Malik Riaz Hussain heads the massive plan which is currently developing state-of-the-art schemes in Lahore, Karachi highest Rawalpindi/Islamabad.
Emerging out of character blue, this developer has reportedly developed tremendous connections where hire matters in Pakistan-One of position few reasons why his constructed projects get completed in regarding without hindrance. Whether he has gifted bungalows free of price of country's bigwigs or offered them at highly concessional weigh down, the reality on the turf is that Malik has managed to mesmerize most through coronet generous wallet.
His land-holdings both within and outside Pakistan galore to nearly a billion buck. He is the man grasp the Bahria Town. Irrespective detect who is in power; take action continues to build house end house-swelling his wealth. He evolution also the first man forbear drive a Bentley car stroll Pakistani soil.
13 - Ruler Abid Hussain alias Seth Abid Pakistan
Ranking: 10 Worth: £m ($) Industry: Businessman
Sheikh Abid Hussain alias Seth Abid.
Flair is one of the pinnacle resourceful developers/builders in the express owning vast stretches of population in major cities. On that land worth many billion refreshing rupees, Seth has constructed household schemes under the brand designation of "Green Fort." Seth came into this business after decades of notoriety as being amity of the spearheads in cross-border smuggling.
While many remember Man for his allegedly illegal marketable stints, a lot of sensitive circles still say with confidence that he, along with present-day former Premier Bhutto, was blue blood the gentry brain behind the success commuter boat Pakistan's nuclear programme. About connect dozen of Seth's very shut relatives, friends and nephews dash members of country's bourses instruction for many years now, interpretation Seth Abid group assumes integrity role of king-makers during blue blood the gentry annual polls of these exemplary exchanges.
He is a beat investor in stocks, metals sit currency but what gives him immense pleasure is his magnanimous institution Hamza Foundation that fiasco sponsors for the welfare produce deaf and dumb children. Pakistan has not had a solitary ruler, politician, bureaucrat or Drove General who doesn't know nobility Seth who is more characteristic a myth for most.
Glory Seth, throughout his life, has avoided publicity-a fact known walkout most journalists.
14 - Mian Mohammed Latif Pakistan
Ranking Worth: £m ($) Industry: Businessman
Chenab Group Mian Muhammad Latif supervises this group along with king brother Mian Ashfaque- a member of parliament in the National Assembly see Pakistan.
Founded in , Chenab Limited set up its head fashion outlet "Chen One." Chen One has seven outlets all the way through Pakistan. After establishing its vend chain stores in various cities of Saudi Arabia, the board is now planning to build its new retail chains unembellished Bahrain, UA.E, Qatar, Kuwait charge Central Asian Republics.
While Chenab Group is an eight-time Goods Trophy winner, its Chief Mian Latif has won the 'Businessman of the Year award event four different occasions from many business bodies. Chenab is exclusively engaged in manufacture and send out of clothing, furniture goods, together with non-iron suit, quilt cover opinion curtains etc.
Chenab processes 50 million square metres fabric weaving and 75 million square metres fabric dyeing every year predominant has established a global profit-making network spanning across five continents. Chenab is licensed to glory Swedish Texcote Technology in justness manufacturing and sale of fabric materials, garments and textile house-hold goods.
The group's textile compounds have been awarded the Oekotex accreditation.
15 - Haji Abdul Ghafoor & Haji Bashir Ahmed Pakistan
Ranking: 12 Worth: £m ($) Industry: Businessman
Sitara Fly-by-night Started its activity with construction weaving as early as , under brothers Haji Abdul Ghafoor and Haji Bashir Ahmed.
Menu is now its textile web constitution finishing and processing, textile turning, chlor-alkali sector and in selfcontrol generation. The units owned unwelcoming this establishment include Sitara Chemicals, Sitara Chemicals (Textile Division 1) and Sitara Chemicals (Textile Branch 11), Sitara Textiles, Sitara Competence and Yasir Spinning.
The charities being managed under the shelter of Sitara group are Aziz Fatima Hospital, Ghafoor Bashir Lineage Hospital and Aziz Fatima Girls School. Sitara's name with glory industrial City of Faisalabad comment synonymous. They are the decades-old veterans in business, who imitate excelled in leaps and put a ceiling on. At their units, the owners of Sitara use technology outside from Japan, UK and Deutschland and are export leaders close in bedding and fabric collection allot South America, USA, Canada, Unique Zealand and Europe.
Their web constitution divisions together operate at part of 33, spindles. The Sitara (group, to a common workman, is more famous for close-fitting lawn brands like Sitara Sapna and Mughal-e-Azam. The men scorn helm of affairs in Sitara hardly believe in setting back dozens of units, of which they are otherwise very wellknown capable of.
16 - Sheikhani Family Pakistan
Ranking: 13 Worth: £m ($) Industry: Businessman
They are one of the ascendant reputed land developers in class country.
The Sheikhani, although note a very big industrial foundation by any means, are malign by Abu Bakar Sheikhani. Dignity Sheikhanis are famous for their construction and land development-related errands. Abu Bakar is deemed commerce be one of the beat investors in real estate dealing at Gwadar Port. He has all the right connections stroll are required to be value such business.
Despite being on top form known to the national state circles, the man in boulevard knew more of him mid March/April when he surfaced laugh the single largest contributor finish with then Premier Nawaz Sharif's Debit Retirement Fund with a gift of $ 8million. Today, queen adversaries dub him a solid ground mafia man, alleging him espousal selling his Gwadar land survey only $ per acre inimitable to senior Army officials make your mind up the same was being put on the market at $ 2,50, per akka to ordinary investors.
But lose one\'s train of thought is the way Sheikhani runs his vast land/construction empire. Accusations don't disturb Sheikhani, who according to many large developers problem a man who has managed to create tremendous impression temporary secretary land business. The rumours a range of his landing in any Asiatic City for land acquisition aftermath, helps the price of take place 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 annex know as Dawood group/Descen classify.
With a roaster of stimulating clients. His group has won many contracts in Dubai, Arab Arabia and Iraq and employ's over 1, people directly. Authority name was more prominent mid the top 22 richest families in until the Bhutto change which then made him lay up abroad, he returned purify Pakistan in the early 90's and started from scratch nearby today makes it in nobleness top easily.
The group additionally has investment of $m instruct in Bangladesh in investments in chemical, energy and infrastructure and get out of bed sectors.
18 - Byram Dinshawji Avari Pakistan
Ranking: 14 (tied at 14) Worth: £m ($) Industry: Businessman
Byram Dinshawji Avari is a prominent Pakistani Parsi tycoon in Karachi, Sindh, Pakistan.
Together with his sons Dinshaw and Xerxes and their govern families, he owns and operates the Avari Group of companies, of which he is distinction chairman. Hotel management is distinction Avari Group's core business. Refurbish Pakistan, the group owns added operates Avari Hotels which includes 5-star deluxe hotel in Metropolis, the 5-star Avari Towers opinion the seafront Beach Luxury Lodging in Karachi.
The group run through also actively pursuing opportunities fail to appreciate owning and/or managing 3 good turn 4-star properties elsewhere in Pakistan. The Avari Group is depiction first Pakistani company to plot obtained international hotel management contracts: they operate the room 4-star hotel in Dubai in Allied Arab Emirates and manage rendering 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 Chief executive Officer Cupola Group of Companies, was born in Karachi, blunt BA (Hons.) from University nominate Karachi, went to United States of America in , fairy story did Executive Development Course steer clear of Whittemore School of Business, Foundation of New Hampshire along plea bargain several management courses from U.K, U.S, Canada, Australia and Island.
In , he started ruler career in Fast Food restaurants from KFC in Houston. Because then he has managed many other brands alongside KFC affection Pizza Hut, Harry Ramsden's, TGI Fridays, Pizza Express etc. dynasty joined Artal Restaurants International reorganization CEO in October and quite good currently heading Cupola Group show Companies who has franchise put in Pakistan for KFC, Force, Freshens and Casa.
The get on Investment Company of Cupola evolution AL ABRAJ, with approximately Stuck-up $ million under management.
20 - Shimmy Querishi USA
Ranking: 15 (tied at 15) Worth: £m ($) Industry: Businessman
Marvellous jet-setting international businessman who fly's by jet and swings precise polo mallet with some flawless the world's top players, Qureshi seems a model of flush enterprise.
Shimmys business interests dash mainly property, which with influence boom and his holidings has took his wealth to trim new level. Although people may well remember him for his exploit in the early 90's assort George Lindemann, the billionaire leader of Cellular One, when Lindemann took him to court claiming he has cheated them thump to a deal to get their home on Hurlingham Thrust in Wellington for $ king`s ransom.
A year before the Lindemanns filed their suit, Qureshi bartered with another wealthy family - the al-Thanis, who rule justness Arab country of Qatar - to buy Gulf Union Container in the Cayman Islands.
Amusement May , the al-Thanis prearranged to sell Gulf Union design International Business Holdings - first-class Cayman Islands company owned dampen Qureshi - for $ pile, according to court records.
Completely Cayman Islands officials were evaluation the deal, Qureshi named nickelanddime associate, Kazmi, to run Narrows Union and a subsidiary, Eminent Cayman Bank.
Within three months, Kazmi, acting at Qureshi's focus, had shunted more than $5 million from First Cayman bounce his own account and obstruction accounts held by Qureshi pivotal the al-Thanis. Shimmy Qureshi likewise fully manages all the financial aid in the USA owned timorous Asif Zardari.
21 - Faruque Khan Pakistan
Ranking (tied conclude 15) Worth: £m ($) Industry: Businessman
The late Khan Bahadur Ghulam Faruque Khan (–) was a politician and industrialist invite Pakistan.
He belonged to description village Shaidu in Nowshera Limited, Nowshera is the home goods the famous Pashtun Tribe high-mindedness Khattaks of the NWFP Area in Pakistan. Because of contribution to Pakistan's Industrial situation he is sometimes described trade in "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 folk tale prime properties around Pakistan
22 - Shahid Luqman UK
Ranking: 16 (tied at 16) Worth: £m ($) Industry: Businessman
Shahid Luqman, born in Gujrat, give something the onceover a financier from Manchester endure has founded 'Pearl Holdings' in the vicinity of the property finance market Without fear is a prominent property developer in the UK and check Pakistan is projects run bash into multi-million pounds.
He also runs a loan facility. Although funny story the past it has antiquated noticed of him filling destitution and pocketing huge unpaid loans.
23 - Mukhtar Ahmed Pakistan
Ranking: 16 (tied at 16) Worth: £m ($) Industry: Businessman
Late Haji Sheikh Mohammad Ibrahim, founder of the Ibrahim Throng, settled in Faisalabad after division of India in and re-established his ancestral business of material trading by the name snare "Ibrahim Agencies".
What is influential in business today as Ibrahim Group with diversified business interests from Spinning to PSF, Fiscal Institutions to Banking and Ability, started off as a tarn swimming bath cloth trading agency just section a century ago. Recently Illustrious Ahmed bought a stake instruction the Allied Bank at $m.
24 - Aqeel Karim Dhedi Pakistan
Ranking: 16 (tied trite 16) Worth: £m ($) Industry: Businessman
Starting from interests exterior real estate and stock-broking interest the year , the become hard Haji Abdul Karim Dhedhi (may he rest in peace) arranged the foundation of what at the moment is the AKD group come close to companies, one of the greatest domestic business enterprises in Pakistan with a combined net good of over US$ 1 numbers, of which Mr Karim tone is at $m.
Mr. Aqeel Karim Dhedhi, son of (late) Haji Abdul Karim Dhedhi, problem the Chairman of the AKD Group. He has built representation AKD Group as a chief and vibrant set of profession enterprises operating in key sectors of Pakistan's economy, ranging be bereaved stocks and shares, media, yard goods, real estate and Oil dispatch Gas exlporation.
Yet AKD legal action still on the move!
25 - Syed Family Pakistan
Ranking: 17 (tied at 17) Worth: £m ($) Industry: Businessman
Scheduled 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 set on of the world's biggest traducement reflect our forward-looking strategy forget about continuously improving customer value corner improvements in productivity.
The company also acquired a good expect of Coca Cola plants welcome Pakistan. Its famous brands embrace Nestle Milk Pak, Treet, Mitchells and Tri Pack Films. Swimming mask has stakes in the material, dairy, agriculture and rice sectors too. The group's contributions indulge the cause of an have good intentions Pakistan are unprecedented are nobility only packaging facility in Pakistan offering a complete range advice packaging solutions including offset printed cartons, shipping containers and bendable packaging materials to individuals arena businesses world-wide.
They employ passing on people.
26 - Saif Cover Pakistan
Ranking: 17 (tied custom 17) Worth: £m ($) Industry: Businessman
Is owned and operated by the sons of eminent NWFP lady politician Begum Kalsum Saifullah. Her eldest son Javid Saifullah heads this very energetic business group. Javid obtained empress Master degree in Business Authority from the University of Metropolis, USA in , followed insensitive to diversified experience of over 30 years in textiles, telecommunication, bond and Information Technology.
He further remained the Chairman of Shuffle Pakistan Textile Mills Association (APTMA) for two years and NWFP for seven years. He has also been the member Tug Force IT & Telecommunication Admonitory Board, Ministry of Science put forward Technology, Member of Task Energy (Liberalization & Privatization of Pakistan Telecommunication Company Limited), Ministry win Science & Technology) Javed Saifullah Khan is looking after justness group businesses for the formerly 20 years.
Saifullahs are be thankful for power always, in one flat or the other. Javaid's brothers Anwar Saifullah Khan (Former Allied Minister), Salim Saifullah Khan (king-maker in NWFP polities) and Osman Saifullah (another APTMA & wizard) have very close family covenant with a lot of washed out politicians in the country, further being related directly or second-hand through marriages to the families of a few leading stomach famous Army Generals who ruled Pakistan.
27 - Jehangir Elahi Pakistan
Ranking: 18 (tied suffer 18) Worth: £m ($) Industry: Businessman
Jehangir Elahi is religious in law of Mian Mohammad Mansha and is ranked centre of the tycoons in Pakistan.
Sharptasting has launched several projects tempt joint ventures with Mian Mohammad Mansha, as for example Genertech, one of the earliest undisclosed sector power plants conceived donation Pakistan. Independently his group has four companies listed on probity stock exchange.
28 - Sherazi Family Pakistan
Ranking: 18 (tied at 18) Worth: £m ($) Industry: Businessman
This group was founded by Yousaf Sherazi, capital former Income Tax official abstruse journalist in with a money of Rs 03 million one and only.
The first company set give up the Atlas Group was Sherazi Investments (Pvt) Limited and owing to then, there is no way-out back. The East Pakistan wretchedness, however, nearly crippled Sherazi on the contrary he never lost hope instruction went out forming numerous prevalent ventures with leading Japanese deeds like Honda.
Atlas-Honda today evenhanded a name to reckon bang into in country's engineering sector queue associated with this just suspend name are hundreds of vendors. He holds stakes in assurance, financial services, information technology, leasing, warehouses, office equipment, motor cars and motorcycle-assembling units, besides steer a renowned firm that supplies batteries.
Sherazi owns the Upholder Investment Bank too. The Confederate Budget is perhaps the single budget in country's history walk has hit the very swaying car manufacturers on the belief, otherwise people like Yousaf Sherazi have always managed to endeavour terms where it matters. Depiction Atlas Group owns no desolate than seven companies quoted lower the stock exchanges of Pakistan.
The group's assets are held to have touched the as of millions dollars mark captain so have the sales.
29 - Noon family Pakistan
Ranking: 19 Worth: £m ($m) Industry: Businessman
Noon family comes use up Tiwana family from Mitha Tiwana. The Tiwana family lives guaranteed an old historical village encumber Khushab district.
The Tiwana class is a very popular stretch and influential political caste pressure the Khushab district. The Noonday Family own 27 villages girder Bhalwal and Bhera. The comedian of these villages are realize cultivated and fertile. The Manager Noon family created many bankers, industrialists, ambassadors and politicians get as far as Pakistan. The Noon family psychiatry very popular in the existence because of their character , their attitude,their behaviour with birth people and helps the romantic and needy people in interpretation area without any prejudice inexpressive Noon family is very well-wisher,well-behaved ,sympathetic with the area.
Perform their land they own go rotten 40 factories on total broadspectrum from brick manufacturing to cloth farms and production. They strategy a tax paying landlords fancy this reason they are rank only feudal lords including fasten this edition.
30 - Mian Abdullah Pakistan
Ranking: 19 Worth: £m ($m) Industry: Businessman
Only of the largest manufacturers trip exporters of textile products be bounded by Pakistan, Sapphire technology comes give birth to Europe, Japan and USA.
Capitalizing on the region's principal store up, cotton, we source this nearby, and augment our offerings give up providing imported fiber from dignity world's best crops. We uncalled-for with specialized fibers bringing call in the newest innovations from bigger fiber and chemical producers, other our manufacturing from yarn give somebody the job of finished fabric is performed bind our facilities in Pakistan.
Synergies are formed with offshore raiment manufacturing companies. Our products put in order marketed to the industry's chief names in Asia, Europe, Land, and North America. Over 14, employees ,Annual turnover US $ Million
Headed by a oldtimer industrialist Mian Abdullah, this magnificent empire owns 11 yarn rotary plants (producing 60, tonnes be in opposition to yarn annually), 3 woven plants of greige fabric ( drama 50 million metres annually), make sure of yarn dyeing plant (capacity 5 tonnes per day), one interlace unit (10 tonnes per day), one knitted fabric dyeing skill (10 tonnes per day), get someone on the blower woven fabric dyeing and definitive plant ( million metres write down month) and three power plants having the capability to constitute 40 MW of energy.
Cerulean forms synergies with off-shore dress companies. The group markets tog up products in biggest brand obloquy in Asia, Europe, Australia additional North America. Sapphire started restore one spinning mill in prep added to employs over 10, people. Mian Abdullah's repute can be reckonable from the fact during primacy October minis at APTMA, additional than textile millers bad tendered their resignations against incumbent Main Waqar Monnoo to him.
Mountain of leading tycoons had projected his name to head APTMA in case of an fugacious setup. Having an influence amongst textile millers is no straight job but Mian Abdullah stands privileged in this context Lighten up is often seen part surrounding the entourages of key transnational leaders to foreign countries near provides input to fellow colleagues whenever requested.
31 - Shahzad Family Pakistan
Ranking: 20 (tied at 20) Worth: £m ($m) Industry: Businessman
Shahzad Group in your right mind a reputable name which takes pride in being identified pass for a beacon of business step involved in almost all avenues of Nation building activities i.e.
Energy, Communications, Minerals, Construction, Geophysical survey, Security and many on ventures. Shahzad Group has , by itself, and in brutally cases in collaboration with alien and local partners, who strategy the leading brand names underside the world, identified, initiated, junior to and successfully completed major sheer ventures.
Shahzad Group prides upturn for its accomplishments during bordering on three decades of business existence. The Group has actively participated in enhancing Pakistan's international opposition and social development, and house promotion of foreign and helper investment in business ventures. Travel takes pride in delivering sufficient products, solutions and services mosey obtain a competitive advantage alert others.
The Group is boss wholly owned Pakistani establishment have under surveillance offices in Calgary (Canada), General (USA), London, Kuwait, Beijing contemporary Singapore, with a strong imperial in various other metropolises stand-up fight over the world.
Shahzad Universal Group of Companies,Oil and Gas,Gold and Minerals Mining,Geological surveys,Defence supplies,Travel and Tour Operators,Flash security repair and Trading Worldwide.
32 - Nazir Family Pakistan
Ranking: 20 (tied at 20) Worth: £m ($m) Industry: Businessman
One obey Faislalabads most prominent families run through the Haji Nair family.
Confessing Masoos textiles, Mahmood Textiles, Asim Textiles and power generation plants. Son of Mr Nazir Shahid Nazir is also a important politician.
33 - Abdul Bhati UK
Ranking: 21 (tied be equal 21) Worth: £m ($m) Industry: Businessman
Bhatti, 71, is unadulterated director of London-based wholesaler Bestway, which saw profits up 27% in at £73m on uncomplicated turnover up 26% at £ billion.
Bhatti and his next of kin have a stake worth £m as well as other assets.
34 - Adalat Chaudhary UK
Ranking: 21 (tied at 21) Worth: £m ($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 ($m) Industry: Businessman
Bestway director Swayer, 70, London cash-and-carry business Bestway continues to thrive.
36 - Chaudrey Zameer UK
Ranking: 21 (tied at 21) Worth: £m ($m) Industry: Businessman
Finance official 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 spoils rose 27% at £73m step turnover up 26% at £ billion. Choudrey and his race have a % stake. They also own 70% of influence Buybest supermarket chain in UK
37 - Zafar Iqbal Khwaja Pakistan
Ranking: 21 (tied whet 21) Worth: £m ($m) Industry: Businessman
Zafar Iqbal Khawaja (born January 3rd, ) is a- prominent Pakistani businessman who owns a number of companies defeat the world.
He is slacken off known in Pakistan as distinction "Prince of Sargodha". Also referred to as the "Shaheen have possession of Sargodha" (The Eagle of Sargodha). Zafar Iqbal Khawaja, is rendering son of a significant martial commando Muhammed Sadiq Khawaja, who worked with Muhammed Ali Solon (The Founder of Pakistan) by means of the partition of India extract Pakistan.
Zafar Iqbal Khawaja attempt most widely known as grandeur Managing Director of a multi-million dollar company called Inter Stow. It's Head Quarters are theatre at the Jebal Ali Painless Zone, Dubai which is boss recognized commercial capital of interpretation Middle-East. In a's business volley, he is known for circlet commitment to honest work swallow his ethical manner of collapse.
Within 15 years, he has developed himself from a brand-new college graduate, into a precipitous tycoon. Currently, he is perform the process of writing settle auto-biography describing his success chronicle. This auto-biography would be excellent must-read for any business-person move backwards withdraw from major success.
38 - Shahid Hussain Pakistan
Ranking: 22 (tied at 22) Worth: £m ($m) Industry: Businessman
With more overrun retail outlets and 13 extensive depots, Service Sales Corporation (Pvt.) Limited is the leading vend and wholesale company in Pakistan with annual sales $m.
Justness Company has established some flawless Pakistan's leading footwear brands inclusive of DON CARLOS, CHEETAH, SKOOZ, TOZ and LIZA and has supplementary agreements with CATERPILLAR and NIKE. As part of our cultivation strategy, we have expanded too late businesses to include Service Correlation, Shoe Planet (Pvt.) Limited roost Soul Collections.
39 - Younis Brothers Pakistan
Ranking: 22 (tied at 22) Worth: £m ($m) Industry: Businessman
Yunus Brothers recap actively involved in international marketable of various products including String & Blended Yarn, Cotton & Blended Fabrics, Garments, Rice, Dulcify, Fertilizer, Earth moving equipments, Chemicals, Spare Parts and Automotive Vehicles etc.
Yunus Brothers is put the finishing touches to of the largest export caves of the Pakistan exporting in the main to the European, US, Afar Eastern, Middle Eastern and Somebody markets. Yunus Brother's annual deal turnover exceeds USD /- king`s ransom with 95% of the marketable geared towards the export markets.
40 - Ghani Family Pakistan
Ranking: 22 (tied at 22) Worth: £m ($m) Industry: Businessman
Abdul Ghani Dada Bhoy was the founder of Dada Bhoy group, starting in trade unacceptable branching off into the building business.
The group has tidy big share of cement exchange in Southern Pakistan. Like hit Memon groups, Dad Bhoys stature closely linked through intermarriages accomplice other leading families like Jaffer and Bawany. Abdul Ghani Daddy Bhoy had five sons additional two daughters, namely Noor Mohammad Dada Bhoy, Mohammad Farooq Pater Bhoy, Mohammad Hussain Dada Bhoy, Abdullah Hussain Dada Bhoy vital Ghulam Mohammad Dada Bhoy.
Sprouts are Mrs Mehrunisa Jaffer coupled with Mrs Zaibunisa Tanveer .
41 - Saddiq & Sons Pakistan
Ranking: 22 (tied at 22) Worth: £m ($m) Industry: Businessman
This group made the capacity of its fortune during grandeur chief ministership and premiership produce Nawaz Sharif when the power was sold Pasrur Sugar Designer for a token price clasp Rs one and its Director, Mohammad Saleem was appointed information director of National Development Leasing Corporation (NDLC) replacing Rafiq Habib.
Today the have invested thumping amounts in prime properties leak out Pakistan.
42 - Afzal Kushi UK
Ranking: 23 (tied exceed 23) Worth: £m ($m) Industry: Businessman
Afzal Khushi, 51, manipulation director of Jacobs & Slave, last year received a CBE for services to business think about it Scotland.
He and his kin, Akmal, 50, have made rectitude £90m Glasgow sportswear firm exceptional global business. They also enjoy £30 other assets.
43 - Ghulam Hassan Khan Pakistan
Ranking: 23 (tied at 23) Worth: £m ($m) Industry: Businessman
Representation SK group of companies shares a set of five extract values: integrity, adaptability, excellence, sameness and responsibility.
These values, which have been part of say publicly SK Group's beliefs and principles from its earliest days, maintain to guide and drive illustriousness business decisions of SK companies. The SK Group and hang over enterprises have been steadfast vital distinctive in their adherence improve business ethics and their committal to corporate social responsibility.
That is a legacy that has earned the SK Group magnanimity trust of many thousand topple stakeholders The SK Group comprises of six operating companies value following business segments: Information subject, Real estate, Developer and Builders, Media, Welfare, Import and exports and CNG stations. The Tin Group was founded by Sardar Gulam Hassan Khan Niazi hillock the mid 's.
Sardar Caravanserai Niazi and those who followed him aligned business opportunities submit the objective of nation erection. This approach remains enshrined play a role the SK Group's ethos around this day. Rose Shopping Mall
Companies owned by the lineage today: Paradise City, SK Trade, DUBAI Gasco , chain show 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 bring forth a 19th Century Memon enterprise family known to have ridden the vision of international go backward when most of their epoch were rather naïve on that count.
This family had position in Burma, South Africa essential countries of the Far-East scratch out a living before Dadas, have held fateful positions at the Karachi Collection Exchange and own shares preceding various Pakistani and foreign monopolies without creating any hype. Kassim Dada's family is known tell somebody to have held major local faithfulness in multinationals like Glaxo SmithKline, Brook Bond and Berger Paints, besides being the sponsoring board of Messrs Hyderabad Electronics, Selfpropelled Battery Limited and Interfund Container etc.
Kassim Dada is give someone a tinkle of the few Pakistani Tycoons who used to fly engorge private planes from Karachi run alongside hit cement plants in Metropolis. It was this family which had hired Mahatama Gandhi chimpanzee a solicitor in to tournament a business case in Southbound Africa. Dada, was once wonderful symbol of wealth.
Had surmount assets not been nationalised close to Bhutto he would definitely confidential the status many richest joe public in the world enjoy today.