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computers-10 Pakistan’s Rich List 2008

 

Short-listing Pakistan influential business magnates or Groups has never been an easy task, because the people who are very powerful in nearly every regime that this country held the reins since the last 60 years and we have had the seasonal species that maneuvered their voice to be heard better than most in the power corridors, but later disappeared into oblivion for one reason or another. We have selected only those tycoons who have made their presence felt to have a better part of the history of the country earned consistently, have been setting up units at regular intervals or have been legends in stocks, currency or real estate industry.

The list includes many names that have previously qualified and all of the most prominent feudal lords of Pakistan’s land, it would definitely among the top 10, expect some landowners who have declared their assets and workers and registered with the CBR Islamabad. To promote the new and “unknown” Pakistani magnates we have excluded in previous entities.

Unfortunately, our extensive research has currently not the names of a few stars that shone in the middle of the galaxy of the influential creed of yesteryear like CM Latif of BECO-Steel-Man of Pakistan, which have a lot of names to make one, but then got gifted with contentment somehow, although the late business wizard was heavily hit by Bhutto’s nationalization of 1970, an astounding thud to everybody had done then in the business. Had it not been the case, many of our tycoons may well have succeeded, the type of greeting, the status is on the Birlas and Tata in India win today, if not the one saluting Bill Gates or Warren Buffet have. Among these gifted.

Individuals find politicians-turned-You businessmen, entrepreneurs-turned-politicians or even the businessmen-cum-politician. With malice towards none and with no intention to decorate somebody, so we take the pride of the disclosure of the name. We hope this document will go a long way in the most authentic of its kind as the endeavor for a very long time to come and go. It has been prepared very carefully in consultation with leading real estate barons, has the moguls, business leaders of virtue and senior officials in the Central Board of Revenue.

1 – Mian Muhammad Mansha Yaha Pakistan

Ranking: 1 Value: 1 GBP. 25b ($ 2 5billion) Industry: Businessman

Mansha has around 40 companies on board. Mansha, which owns the Muslim Commercial Bank is also setting up a $ 17m paper mill. He is one of the richest Pakistanis around. Nishat Group was 15 Family richest country in 1970, 6 Place in 1990 and number one in 1997. Mansha is on the board of nearly 50 companies. He is regarded as investments made in many stock markets, currency and metal exchanges both within and outside Pakistan. He could have bought the United Bank too, but then who does not opponents. Nishat Group comprises of textiles, cement, leasing, insurance and management companies. If Mansha was bitten by Bhutto’s nationalization stint of 1970, he was thinking about his friends about Nawaz Sharif’s denationalization program, it was compensated for a very good effect. There is no stopping Mansha and he is still traveling.

Nishat Group assets are $ 4. 4 billion. He is sometimes even claim to be the richest Pakistani around by his friends he does not consider “it points away.”

2 – Asif Ali Zardari Pakistan

Ranking: 2 Value: £ 900m ($ 1 8billion) Industry: Politics

Asif Zardari, known as “Mr 10% ‘an unknown happy-go-lucky son of a small-time businessman, struck gold by marrying one of the world’s most glamorous women Former Prime Minister Bhutto of Pakistan Benzair. Taking advantage of his wife’s authority, which he is known to be taken kickbacks from many deals have within and outside Pakistan. The most famous was a $ circumvent 4000000000 to 32 Mirage jets from Dassault buy French. documents, letters from Dassault executives belong to interpret reached at an agreement was dealt a 5% ‘obligation to pay remuneration “- about 200 million U.S. dollars – to Marleton Business, a BVI company of Zardari. In addition to these many deals were another setback with companies such as ARY Gold, Société Général de Surveillance (SGS), Cotecna, and ZPC Ursus, a Polish tractor company made.

Zardari assets holding amount easily in the hundreds of millions of dollars, with 8 prime properties in Britain, where once the famous Rockwood Estate 365 acres in Surrey, worth £ 4 35m has now been sold and the money back to the Govt. of Pakistan. Also 14 multi-million-dollar mansions in the U.S., including the owner of Holiday Inn hotel in Houston, Texas owned by ‘Mr 10% “and Iqbal Memon and Sadar-ud-Din Hashwani.

They (Zardari and B. Bhutto) also have large operations in the Middle East running into hundreds of millions if not billions of marks. Mr Zardari also has huge stakes in sugar mills all over Pakistan, which include: Sakrand Sugar Mills, Nawabshah, Ansari Sugar Mills, Hyderabad, Mirza Sugar Mills, Badin, Pangrio Sugar Mills, Thatta and Bachani Sugar Mills, Sanghar.

3 – Sir Anwar Pervaiz UK

Ranking: 3 Value: £ 750 ($ 1 5billion) Industry: Businessman

Chairman of Bestway Group. The Bestway Group started in 1976 with its first Bestway Cash & Carry opened gallery in London. Today, some 50 Cash and Carry’s. Including their recent takeover of rival group Batleys for around 100 million pounds. Bestway Group ventured up into the vast Pakistan cement in 1995 and cement factory in Pakistan at a price of $ 120,000,000.

Taking Advantage of Pakistan growing economy they also acquired a 25th 5% of United Bank Limited in 2002. Today, the Bestway Group’s interests in the Cash & Carry, Real Estate Investments milling, retail stores, rice, lentils and pulses, cement production and more recently into banking. The total cost of the Group amounted to more than £ 2 billionth The group provides direct employment to thousands in Britain and Pakistan. The have many interests in Pakistan. Sir Anwar Pervaiz and his partners, his hard work, she has bought to outstanding international levels, which definitely makes him an ideal role model for many young Pakistanis today. Still in motion!

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

Ranking: 4 Worth: £ 700 ($ 1 4 billion) Industry: Politics / Businessman

Mr Sharif Businessman turned politician the former Prime Minister of Pakistan. He was overthrown in a military coup in 1999 and was forced, $ 9 million dollars and some of his assets including his $ 5m Mansion is Raiwind forfeited near Lahore. Before PM he was a majority owner along with

his brother and cousins of Ittefaq Group, with assets of well over 50 million pounds in the 90 years. However he got richer when he took commissions from foreign companies for construction in Pakistan. He built the first motorway and many new roads and took heavy kickbacks. He then also $ 100m from the Iqra funds, he launched a new scheme “Ghar Apna” in which he captured again at around 40 million U.S. dollars, Govt the “Mulk swaaro” scheme involving public &. Money collections to help pay pf Pakistan’s debts also was pocketed. He now lives in exile in Saudi Arabia, where it is known, he has a new large business empire in various sectors.

5 – Saddaruddin Hashwani Pakistan

Ranking: 5 Value: £ 550 ($ 1 1 billion) Industry: Businessman

Saddaruddin Hashwani has been Chairman Hashoo Group is known for its dominance in Pakistan hotel industry known, although Hashwanis have great power to be in the real estate industry. Hashwanis are involved in trade in cotton, grain, steel and up to the nationalization of cotton export in 1974, they were widely used as the Cotton Kings of Pakistan called. Today, this group has excelled in the export of rice, wheat, cotton and barley. It owns textile units, besides the billions invested in the mines, minerals. Hotels, insurance, batteries, tobacco, residential properties, construction, engineering and information technology. In 1984, the Hashwani Lakhanis defeated in the bid for Premier Tobacco but was arrested along with his brother Akbar in 1986 for alleged circumvention duties on cigarettes. Sadarduddin brother Akbar and the children of another late brother Hassan Ali Hashwani together manage around 45 companies. Akbar runs the second group Hashwani. He is one of the best known magnates in Pakistan who is a regular invitee at the Diplomatic Enclave is. The list of local and international bigwigs known personally Hashwani is infinite.

6 – Nasir Schon & family U. A. E / Pakistan

Ranking: 6 bound (at 6) Worth: £ 500 ($ 1 billion) Industry: Businessman

Nasir is already a prominent business leaders of Pakistan and the CEO of Nice Group. Nasir is the son of Captain Ather Even Even Hussain, an ex-pilot of PIA. The beautiful family is one of the few companies striving Muhajir Urdu families in Pakistan. Starting in Singapore in 1982 was the view from Schön Group in 1995, when National Fibres, Schon Bank, Schon Textiles and Pak-China Fertizilers possession. Famous for the trend-setting roundabout already Circle, Nasir Fair is also known as one of the first people to have a Rolls-Royce in Pakistan. Directors of Schön Group flew to Dubai in 1997 in exile after the dismissal of former Prime Minister Benazir Bhutto. The directors of Schön Group were known, close contacts with the husband of former Prime Minister, Asif Zardari have. Many assets of Schön Group were auctioned by the Government of Nawaz Sharif. Nice Group is the only group in Pakistan who has paid the government over 3 billion rupees ($ 65m) to return from exile. Living in Dubai gave Nasir Even the opportunity to start businesses. Currently working on a $ 830,000,000 real estate project in Dubai Lagoon known, Beautiful Group is also struggling to get back the assets they once lost. Currently, the Beautiful Group announced a pilot training center in Pakistan as a beautiful Air.

7 – Abdul Razzaq Yakoub & Family U. A. E

Ranking: 6 bound (at 6) Worth: £ 500 ($ 1 billion) Industry: Businessman

Mr. Yacoub is a prominent Pakistani expatriate businessman based in Dubai. He is the president ARY group ($ 1. 5billion turnover) and World Memon Organization (WMO). He is one of the biggest media barons controlling around 7 channels of Pakistan. He also has a vast estates in Karachi, Islamabad and Dubai amounting to over $ 200,000,000. He is a major in the gold market with approximately 20 offices in Asia. He has also been involved in paying Asif Zardari $ 5m in 1990 to allow him to import / export gold. Which he denies and claim the government is forged.

8 – Rafiq Habib & Rasheed Habib Pakistan

Ranking: 7 Worth: £ 450 ($ 900) Industry: Businessman

Legend has it that the goddess of wealth is in love with the seasoned Habib’s more than anyone else was in Pakistan. Most experts believe that Habib’s have at least 100 companies in the world, but boast about these mega-tycoons never content, which made it uphill for most of their financial performance is to predict. This group was founded by Seth Habib Mitha was born in 1878 and Esmail Ali-factory owner in Bombay. The financial strength of Habib’s, the fact that Muhammad Ali Habib gave a check of Rs 80 million Quaid-e-Azam in 1948 at a time when Pakistan government was penniless due to be assessed in transfer of Pakistan share of Rs delay. 750 million from the Reserve Bank of India. They had offices in Europe in 1912. It integrates the Habib Bank in 1941. You own the Habib Bank A. G Zurich, Bank Al-Habib, Indus Motors assembling Corolla cars and many dozens of units in sectors such as jute, paper sack, minerals, steel, tiles, plastic, sugar, glass, construction, concrete , farm autos.

Banks, oil, computers, music, paper, packaging, leasing and capital management. Habib’s is now headed by Rafiq Habib and Rashid Habib in two distinct groups. What makes them extremely influential players of all time is the fact that dozens of top entrepreneurs now a myth Habib once were.

9 – Tariq Saigol & Nasim Saigol Pakistan

Ranking: 8 Worth: £ 425m ($ 850) Industry: Businessman

Hailing from Jhelum. The pioneer of the Saigol dynasty in 1890 was Amin Saigol, a shoe shop that eventually transformed into Kohinoor Rubber established Works. And then she saw times seems literally like the Kohinoor, stopped up their progress through nationalization, in which they lost two-thirds of their assets was. Saigol was in 1976 fork rail mounting and 15 descendents of Amin Saigol four sons got a share. The name of the Saigol, in that part of the world as similes describing quantum of wealth has been used. Yousaf Saigol, fed together with his brothers Sayeed Saigol, Bashir Saigol Gul Saigol and then an excellent harvest. In 1948 the Saigol Kohinoor Textile Mills founded with a price of Rs 8 million of this group happens to be the first to open an LC with the State Bank of Pakistan. They bought the United Bank in 1959 and then witnessed five of their units getting nationalized. They lived in Saudi Arabia during the Bhutto regime. Today, cousins Tariq and Nasim keeps the family together and have risen to unprecedented heights fort in individual skills. NAB has haunt Nasim but Tariq spent more time either accepting or rejecting coveted slots everywhere. Tariq is the one of the best business brains around.

10 – Dewan Yousaf Farooqui Pakistan

Ranking: 9 (tied at 9) Worth: £ 400 ($ 800) Industry: Businessman

Mr Farooqui. The mentor of the group, the Sindh Minister for Local Bodies. Industries, labor, transport, mining and minerals. Dewan Mushtaq Group is one of the largest industrial companies in the Pakistani conglomerates in sectors like polyester acrylic fiber, manufacturing and automotive. Six of their companies are listed on the Karachi Stock Exchange & and listed on the Luxembourg Stock Exchange. Dewan Farooqui Motors mounted around 10,000 cars annually under technical license agreement with Hyundai and Kia Motors of Korea. The Dewan Salman Fiber is the pride of this kingdom, as in the world in total production capacity 11th Series. The group owns three textile units, a motorcycle manufacturing concern and the largest sugar unit in the country. Dewan and business interests in India. They have tens of millions of shares of Saudi Cement and Pak land Cement. You also have the franchise license for BMW in Pakistan and now Rolls Royce showrooms.

 


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