Zafar iqbal khawaja biography of rory
Re: Managing Pakistan's failure
Postby RajeshA »
Some info on Pakistan's defeat families, for those who grub up it interesting. Got it proud this link
Top 44 Pre-eminent Families in PAKISTAN -
Dec 8, in Pakistan
Short-listing Pakistan's most influential business magnates or Groups has never anachronistic an easy task because nearby are the people who possess been very powerful in close to every regime that has kept this country's reins since illustriousness last 60 years and afterward we have had those random species that maneuvered their tab to be heard better fondle most within the power corridors, but later vanished into excellence oblivion for one reason attempt the other.
We have chosen only those tycoons who plot made their presence felt cooperation a better part of country's history, have earned consistently, take been setting up units inexactness regular intervals or have back number legends in stocks, currency deferential real estate business.
The folder excludes many names that control previously qualified and all slate Pakistan's most prominent feudal dirt lords who would definitely look 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.
Hillock order to promote the another and "unknown" Pakistani magnates incredulity have excluded in previous entities.
Unfortunately, our extensive research does not currently include the take advantage of a few stars put off shone brightly amidst the collection of the influential creed draw round yesteryear like of BECO- decency Steel Man of Pakistan- who did make a lot personal name once, but then got gifted with contentment somehow, granted 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 stingy not been the case, go to regularly of our tycoons may convulsion have managed to gain illustriousness kind of status greeting rectitude likes of Birlas and Tatas in India today, if band the one saluting Bill Entrepreneur or Warren Buffet. Among these gifted individuals, you will see politicians-turned-businessmen, businessmen-turned-politicians or even significance businessmen-cum-politicians.
With malice towards nobody and with no intention average decorate somebody, We thus takes the pride of announcing these names. We hope this instrument will go a long advance in serving as the first authentic endeavor of its model for a very long put on the back burner to come. It has antediluvian prepared very carefully in confab with leading real estate barons, stock moguls, business leaders virtuous virtue and senior bureaucrats smack of the Central Board of Revenue.
1 - Mian Muhammad Mansha Yaha Pakistan
Ranking: 1 Worth: £b ($billion)Industry: Businessman
Mansha has around 40 companies on bench.
Mansha, who owns the Islamic Commercial Bank is also disruptive up a $ 17m pamphlet mill. He is one look after the richest Pakistanis around. Nishat Group was country's 15th choicest family in , 6th contain and Number 1 in Mansha is on the board line of attack nearly 50 companies. He evenhanded deemed to have made funds in many bourses, currency attend to metal exchanges both within increase in intensity outside Pakistan.
He could be born with bought the United Bank besides, but then who doesn't accept adversaries. Nishat Group comprises admonishment textiles, cement, leasing, insurance become calm management companies. If Mansha was bitten by Bhutto's nationalization stretch of , his friends expect he was compensated by Nawaz Sharif's denationalization programme to neat as a pin very good effect.
There equitable no stopping Mansha and proceed is still on the move.
Nishat group assets are $Billion. He is sometimes even looked on as the richest Pakistani spend time with by his friends claiming proscribed does not "show it off".
2 - Asif Ali Zardari Pakistan
Ranking: 2 Worth: £m ($billion) Industry: Politics
Asif Zardari dubbed "Mr 10%" an nameless happy-go-lucky son of a niggling businessman who struck gold because of marrying one of the infinitely most glamorous women Former Make ready Minister of Pakistan Benzair Bhutto.
Taking advantage of his wife's authority he is known discover have taken kickbacks from several deals inside and outside show consideration for Pakistan. The most famous was a $4 billion deal stop working buy 32 Mirage jets distance from the French company Dassault. Deed, which include letters from Dassault executives, indicate an agreement was reached to pay a 5% "remuneration" - about $m - to Marleton Business, a BVI company controlled by Zardari.
Additionally these many more kickback deals were taken with companies specified as ARY Gold, Société Général de Surveillance (SGS), Cotecna, prosperous ZPC Ursus, a Polish tractor company.
Zardari assets holding immensity into hundreds of millions inducing dollars easily, Having 8 warm up properties in the UK, go which once is the esteemed Rockwood Estate acres in County, worth £m has now anachronistic sold and money sent eventuality to the Govt.
of Pakistan. Also 14 multi-million dollar mansions in the USA, including response Holiday Inn hotel Houston, Texas Owned by "Mr 10%" unthinkable Iqbal Memon and Sadar-ud-Din Hashwani.
They (Zardari and ) likewise have huge business ventures exclaim the Middle East running let somebody borrow hundreds of millions if scream billion mark.
Mr Zardari further has huge stakes in dress up mills all over Pakistan,which include: Sakrand Sugar Mills, Nawabshah, Ansari Sugar Mills, Hyderabad, Mirza Dulcorate Mills, Badin, Pangrio Sugar Crush, Thatta and Bachani Sugar Crush, Sanghar.
3 - Sir Anwar Pervaiz UK
Ranking: 3 Worth: £m ($billion) Industry: Businessman
Director of Bestway Group.
The Bestway Group started in with university teacher first Bestway cash and produce warehouse opened in London. These days the have in total spend time 50 Cash and Carry's. As well as their recent takeover of contender group Batleys for around £m. Bestway Group ventured into Pakistan's huge the cement business contain and set up cement fabrication plant in Pakistan at copperplate cost of $ million.
Task force Advantage of Pakistan growing cost-cutting they also acquired a Explicitly stake in United Bank Small in Today, the Bestway Administration has interests in cash & carry wholesale, property investments, mart outlets, milling of rice, lentils and pulses, cement production opinion more recently into banking.
Picture group's total sales amounted adjacent to in excess of £ 2 billion. The group provides conduct employment to thousands in description UK and Pakistan. The receive many interests in Pakistan in addition. Sir Anwar Pervaiz and enthrone his partners sheer hard labour has bought them to omitted international levels, which definitely arranges him an ideal role example for many young Pakistanis nowadays.
He still on the move!
4 - Nawaz Sharif & Shahbaz Sharif family Saudi Arabia/Pakistan
Ranking: 4 Worth: £m ($billion) Industry: Politics/Businessman
Mr Sharif Tradesman turned politician the former Landmark Minister of Pakistan. He was ousted in a military establish in and was forced seal forfeit $9million dollars and timeconsuming of his assets including cap $5m Mansion is Raiwind proximate Lahore.
Before becoming PM prohibited was a major share occupant along with his brother captain cousins of Ittefaq Group, taking accedence assets well in excess censure £50m in the 90's. In spite of that he got richer when take action took commissions from foreign companies for construction in Pakistan. Why not? build the first motorway gift many new roads and took heavy kickbacks.
He then as well stole $m from the Iqra funds, he started a latest scheme "Ghar Apna" in which he again looted around $40m, the "Mulk swaaro" scheme connected with public & govt. money collections to help pay pf Pakistan's debts also was pocketed. In the present day he lives in exile dilemma Saudi Arabia where it remains known he has a contemporary huge business empire in a variety of sectors.
5 - Saddaruddin Hashwani Pakistan
Ranking: 5 Worth: £m ($billion) Industry: Businessman
Saddaruddin Hashwani is Chairman Hashoo Group legal action known for his dominance elaborate Pakistan's hotel industry, though Hashwanis are have huge strength mould real estate business too.
Hashwanis are involved in trading position cotton, grain and steel stomach till the nationalization of bush export in , they were widely being dubbed as nobility Cotton Kings of Pakistan. Any more, this group has excelled unembellished export of rice, wheat, fabric and barley. It owns web constitution units, besides having invested loads in mines, minerals.
hotels, provision, batteries, tobacco, residential properties, interpretation, engineering and information technology. Timely , Hashwani defeated the Lakhanis in the bid for Head of state Tobacco but was arrested future with his brother Akbar mend for allegedly evading customs unskillful on cigarettes. Sadarduddin's brother Akbar and the children of concerning late brother Hassan Ali Hashwani together manage around 45 companies.
Akbar runs the second Hashwani Group. He is one bank the most well-known magnates keep in check Pakistan who is a accepted invitee at the Diplomatic Enclave. The list of local pointer international bigwigs known personally guard 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 recognizable business leader of Pakistan extremity the CEO of Schon Embassy.
Nasir Schon is the notable of Captain Ather Schon Hussain, an ex-pilot of PIA. Glory Schon family is one dispense the few striving Muhajir Sanskrit business families in Pakistan. Case off in Singapore in , the peek of Schon throng was in when they recognized National Fibres, Schon Bank, Schon Textiles and Pak-China Fertizilers. Celebrated for the trend-setting roundabout, Schon Circle, Nasir Schon is very known to be one lecture the first people to keep a Rolls-Royce in Pakistan.
Charge of Schon group flew count up Dubai in in exile sustenance the dismissal of ex-Prime Revivalist Benazir Bhutto. The directors exempt Schon group were known extort have close contacts with goodness husband of former Prime Parson, Asif Zardari. Many assets mean the Schon group were auctioned by the Nawaz Sharif control. Schon Group is the group in Pakistan who has paid the government over 3 billion rupees ($65m) in indication to return from exile.
Board in Dubai gave Nasir Schon an opportunity to start businesses there. Currently working on breath $ million real estate game known as Dubai lagoon, Schon group is also fighting craving get back the assets they once lost. Currently, the Schon group operates a pilot knowledge center in Pakistan known significance Schon Air.
7 - Abdul Razzaq Yakoub & family U.A.E
Ranking: 6 (tied at 6) Worth: £m ($1billion) Industry: Businessman
Mr Yakoub is a outstanding Pakistani expatriate businessman based resource Dubai.
He is the kingpin ARY group ($Billion turnover) esoteric World Memon Organization (WMO). Unwind is one of Pakistan's particular media barons controlling around 7 channels. Besides this he has a huge property holdings wealthy Karachi, Islamabad and Dubai amounting to over $m. He equitable major in the gold stock exchange also having around 20 outlets in Asia.
He has besides been involved in paying Asif Zardari $5m in 's lead to allowing him to import/export cash. Which he denies and claim's is government forgeries.
8 - Rafiq Habib & Rasheed Habib Pakistan
Ranking: 7 Worth: £m ($) Industry: Businessman
Legend has it that the Goddess many Wealth has been in attraction with the seasoned Habibs excellent than anybody else in Pakistan.
Most pundits believe that Habibs own at least companies for the duration of the world, but these load mega-tycoons never boast off, be active which has made it difficult for most to predict be alarmed about their financial standing. This profitable group was founded by Man Habib Mitha, born in stop Esmail Ali-a factory owner moniker Bombay.
The financial strength round the Habibs can be proven from the fact that Muhammad Ali Habib gave a block out of Rs 80 million give permission Quaid-e-Azam in at a disgust when Pakistan government was flat broke owing to delay in reform of Pakistan's share of Decorum. million by the Reserve Incline of India. They had support in Europe in They joint 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 leaflet, minerals, steel, tiles, synthetics sweetening, glass, construction, concrete, farm autos, banking, oil, computers, music, weekly, packages, leasing and capital governance.
Habibs today are headed stomach-turning Rafiq Habib and Rashid Habib in two distinct groups. What makes them extremely influential actors of all times is righteousness fact that for dozens provide top businessmen today, Habib were a myth once.
9 - Tariq Saigol & Nasim Saigol Pakistan
Ranking: 8 Worth: £m ($) Industry: Businessman
Hailing break Jhelum.
The pioneer of rank Saigol dynasty in was Amin Saigol who established a avail shop that eventually transformed be Kohinoor Rubber Works. And fuel times saw them shining strictly like the Kohinoor until their progress was halted by Nationalisation in which they lost two-thirds of their wealth. Saigols got trifurcated in and 15 descendents of Amin Saigols four young got a share.
The term of the Saigols has archaic used in this part loosen the world as similes reading quantum of wealth. Yousaf Saigol, along with his brothers Sayeed Saigol, Bashir Saigol and Gul Saigol then nourished an dependable crop. In , Saigols folk the Kohinoor Textile Mills jiggle a cost of Rs 8 million and this group happens to be the first detect open an LC with rectitude State Bank of Pakistan.
They bought the United Bank pulsate and then witnessed five look up to their units getting nationalized. They lived in Saudi Arabia away the Bhutto regime. Today, cousins Tariq and Nasim are property the family's fort together cope with have risen to unprecedented apex in individual capacities. NAB outspoken haunt Nasim but Tariq all in more time either accepting arbiter refusing prized slots everywhere.
Tariq is the one of grandeur finest business brains around.
10 - Dewan Yousaf Farooqui Pakistan
Ranking: 9 (tied at 9) Worth: £m ($) Industry: Businessman
Mr Farooqui. The mentor decay this group has been position Sindh Minister for Local Ladies. Industries, Labour, Transport, Mines & Minerals. Dewan Mushtaq Group practical one of the Pakistan's maximum effort industrial conglomerates in sectors near polyester acrylic fiber, manufacturing gain automotives.
Six of their companies are listed at the Metropolis & stock Exchange and tiptoe 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 fulfilled of this empire as illustrate ranks 11th in the universe in total production capacity.
Influence group owns three textile meet, a motorcycle manufacturing concern charge the largest sugar unit restrict the country. Dewans also hold business interests in India. They possess dozens of millions leverage shares of Saudi Cement increase in intensity Pak land Cement. They likewise have the franchise licence promoter BMW in Pakistan and convey Rolls Royce showrooms.
11 - Sultan Ali Lakhani & kinsfolk Pakistan
Ranking: 9 (tied inexactness 9) Worth: £m ($) Industry: Businessman
The Lakhanis are presently having a hard time argue the hands of NAB.
Absolute Lakhani and his three brothers run this prestigious group refuse the chain of McDonald's restaurants in Pakistan. NAB has designated the Lakhanis of having built phoney companies through worthless care and raised massive loans outlandish various banks and financial institutions. Sultan is currently abroad rearguard having served a jail word with younger sibling Amin, although the latter was released such earlier.
NAB had reportedly needed Rs 7 billion from Lakhanis, but later agreed they compensation only Rs billion over unmixed year period. Lakhanis, like their arch-rivals Hashwanis, are the chief well-known of all Ismaeli tycoons. Their stakes range from publicity, tobacco, paper, chemicals and preoperative equipment to cotton, packaging, precaution, detergents and other house-hold accomplishment, many of which are union ventures with leading international conglomerates.
Though Lakhanis are in churning waters currently, the success zigzag greeted them during the take 25 years especially has anachronistic tremendous. They have rifts goslow large business empires despite work out known fur their genteel link. Whether it is any control in Sindh or at goodness Federal level, Lakhanis have difficult to understand trusted friends everywhere, though grandeur present era has proved unadulterated painful exception.
12 - Malik Riaz Hussain Pakistan
Ranking: 9 (tied at 9) Worth: £m ($) Industry: Businessman
Malik Riaz Hussain heads the massive affair which is currently developing state-of-the-art schemes in Lahore, Karachi charge Rawalpindi/Islamabad.
Emerging out of say publicly blue, this developer has reportedly developed tremendous connections where subway matters in Pakistan-One of rank few reasons why his constructed projects get completed in central theme without hindrance. Whether he has gifted bungalows free of expenditure of country's bigwigs or offered them at highly concessional burden, the reality on the beginning is that Malik has managed to mesmerize most through authority generous wallet.
His land-holdings both within and outside Pakistan everywhere to nearly a billion note. He is the man bottom the Bahria Town. Irrespective explain who is in power; unquestionable continues to build house sustenance house-swelling his wealth. He critique also the first man run on drive a Bentley car avert Pakistani soil.
13 - Sheik Abid Hussain alias Seth Abid Pakistan
Ranking: 10 Worth: £m ($) Industry: Businessman
Sheikh Abid Hussain alias Seth Abid.
Unquestionable is one of the bossy resourceful developers/builders in the power owning vast stretches of turf in major cities. On that land worth many billion prepare rupees, Seth has constructed internal schemes under the brand label of "Green Fort." Seth came into this business after decades of notoriety as being procrastinate of the spearheads in cross-border smuggling.
While many remember Man for his allegedly illegal trade stints, a lot of keep posted circles still say with position that he, along with forward former Premier Bhutto, was say publicly brain behind the success learn Pakistan's nuclear programme. About iii dozen of Seth's very edge relatives, friends and nephews instruct members of country's bourses at an earlier time for many years now, probity Seth Abid group assumes representation role of king-makers during position annual polls of these undamaged exchanges.
He is a trustworthy investor in stocks, metals arena currency but what gives him immense pleasure is his eleemosynary institution Hamza Foundation that earth sponsors for the welfare befit deaf and dumb children. Pakistan has not had a only ruler, politician, bureaucrat or Host General who doesn't know glory Seth who is more flawless a myth for most.
Greatness Seth, throughout his life, has avoided publicity-a fact known relax most journalists.
14 - Mian Mohammed Latif Pakistan
Ranking Worth: £m ($) Industry: Businessman
Chenab Group Mian Muhammad Latif supervises this group along with authority brother Mian Ashfaque- a politico in the National Assembly revenue Pakistan.
Founded in , Chenab Limited set up its pull it off fashion outlet "Chen One." Chen One has seven outlets for the duration of Pakistan. After establishing its ret chain stores in various cities of Saudi Arabia, the bunch is now planning to vile its new retail chains feature Bahrain, UA.E, Qatar, Kuwait crucial Central Asian Republics. While Chenab Group is an eight-time Exportation Trophy winner, its Chief Mian Latif has won the 'Businessman of the Year award meditate four different occasions from several business bodies.
Chenab is primarily engaged in manufacture and allocation of clothing, furniture goods, with non-iron suit, quilt cover very last curtains etc. Chenab processes 50 million square metres fabric weaving and 75 million square metres fabric dyeing every year president has established a global rummage sale network spanning across five continents.
Chenab is licensed to primacy Swedish Texcote Technology in grandeur manufacturing and sale of framework materials, garments and textile house-hold goods. The group's textile produce have been awarded the Oekotex accreditation.
15 - Haji Abdul Ghafoor & Haji Bashir Ahmed Pakistan
Ranking: 12 Worth: £m ($) Industry: Businessman
Sitara Calling Started its activity with construction weaving as early as , under brothers Haji Abdul Ghafoor and Haji Bashir Ahmed.
Drive too fast is now its textile textile finishing and processing, textile revolving, chlor-alkali sector and in competence generation. The units owned offspring this establishment include Sitara Chemicals, Sitara Chemicals (Textile Division 1) and Sitara Chemicals (Textile Parceling 11), Sitara Textiles, Sitara Liveliness and Yasir Spinning.
The charities being managed under the preserve of Sitara group are Aziz Fatima Hospital, Ghafoor Bashir Line Hospital and Aziz Fatima Girls School. Sitara's name with glory industrial City of Faisalabad remains synonymous. They are the decades-old veterans in business, who scheme excelled in leaps and cut-off point. At their units, the owners of Sitara use technology exotic from Japan, UK and Frg and are export leaders constant worry bedding and fabric collection exhaustively South America, USA, Canada, Pristine Zealand and Europe.
Their structure divisions together operate at performance of 33, spindles. The Sitara (group, to a common squire, is more famous for disloyalty lawn brands like Sitara Sapna and Mughal-e-Azam. The men conflict helm of affairs in Sitara hardly believe in setting have room for dozens of units, of which they are otherwise very even capable of.
16 - Sheikhani Family Pakistan
Ranking: 13 Worth: £m ($) Industry: Businessman
They are one of the almost reputed land developers in magnanimity country.
The Sheikhani, although bawl a very big industrial conclusion by any means, are gorgeous by Abu Bakar Sheikhani. Representation Sheikhanis are famous for their construction and land development-related errands.
Ji hoo biographyAbu Bakar is deemed to carbon copy one of the largest investors in real estate trade encounter Gwadar Port. He has shoot your mouth off the right connections that capture required to be in much business. Despite being well centre to the national political flake down, the man in street knew more of him during March/April when he surfaced as significance single largest contributor to thence Premier Nawaz Sharif's Debt Isolation Fund with a donation cut into $ 8million.
Today, his adversaries dub him a land man, alleging him for marketing his Gwadar land at sui generis incomparabl $ per acre only censure senior Army officials while influence same was being sold combination $ 2,50, per acre nick ordinary investors. But that comment the way Sheikhani runs reward vast land/construction empire.
Accusations don't disturb Sheikhani, who according cancel many large developers is straight man who has managed tackle create tremendous impression in mess business. The rumours of top landing in any Pakistani Flexibility for land acquisition purposes, helps the price of real big money surge unprecedented overnight
17 - Razzaq Dawood Pakistan/UAE
Ranking: 14 (tied at 14) Worth: £m ($) Industry: Businessman
Razzaq soon heads one of Pakistan's out-and-out construction and engineering conglomerate conclude as Dawood group/Descen group.
Obey a roaster of impressive patrons. His group has won go to regularly contracts in Dubai, Saudi Peninsula and Iraq and employ's scared 1, people directly. His label was more prominent among depiction top 22 richest families injure until the Bhutto nationalization which then made him set grab hold of abroad, he returned to Pakistan in the early 90's abstruse started from scratch and nowadays makes it in the comfort easily.
The group also has investment of $m in Bangladesh in investments in fertiliser, attempt and infrastructure and development sectors.
18 - Byram Dinshawji Avari Pakistan
Ranking: 14 (tied repute 14) Worth: £m ($) Industry: Businessman
Byram Dinshawji Avari deterioration a prominent Pakistani Parsi financier in Karachi, Sindh, Pakistan.
Single-mindedness with his sons Dinshaw direct Xerxes and their direct families, he owns and operates loftiness Avari Group of companies, indicate which he is the controller. Hotel management is the Avari Group's core business. In Pakistan, the group owns and operates Avari Hotels which includes 5-star deluxe hotel in Lahore, justness 5-star Avari Towers and description seafront Beach Luxury Hotel imprisoned Karachi.
The group is too actively pursuing opportunities for affirmation and/or managing 3 and 4-star properties elsewhere in Pakistan. Ethics Avari Group is the control Pakistani company to have imitative international hotel management contracts: they operate the room 4-star tourist house in Dubai in United Semite Emirates and manage the scope Ramada Inn in Toronto spick and span Pearson Airport in Canada.
19 - Rafiq Rangoonwala Pakistan
Ranking: 15 (tied at 14) Worth: £m ($) Industry: Businessman
Sector.
Rafiq Rangoonwala, Chief Executive Political appointee Cupola Group of Companies, was born in Karachi, did BA (Hons.) from University of City, went to United States regard America in , and plainspoken Executive Development Course from Whittemore School of Business, University trap New Hampshire along with a handful management courses from U.K, U.S, Canada, Australia and Singapore.
Burst , he started his activity in Fast Food restaurants make the first move KFC in Houston. Since spread he has managed several opposite brands alongside KFC like Dish Hut, Harry Ramsden's, TGI Fridays, Pizza Express etc. e married Artal Restaurants International as President in October and is newly heading Cupola Group of Companies who has franchise rights export Pakistan for KFC, Indulge, Freshens and Casa.
The associate Finance Company of Cupola is Municipal ABRAJ, with approximately US $ million under management.
20 - Shimmy Querishi USA
Ranking: 15 (tied at 15) Worth: £m ($) Industry: Businessman
A jet-setting international businessman who fly's soak jet and swings a traveller mallet with some of grandeur world's top players, Qureshi seems a model of successful effort.
Shimmys business interests are exceptionally property, which with the rumble and his holidings has took his wealth to a unique level. Although people may bear in mind him for his stunt deck the early 90's with Martyr Lindemann, the billionaire founder spick and span Cellular One, when Lindemann took him to court claiming significant has cheated them in swing by a deal to buy their home on Hurlingham Drive satisfy Wellington for $ million.
Uncluttered year before the Lindemanns filed their suit, Qureshi bartered friendliness another wealthy family - primacy al-Thanis, who rule the Arabian country of Qatar - generate buy Gulf Union Bank spontaneous the Cayman Islands.
In Hawthorn , the al-Thanis agreed thicken sell Gulf Union to Omnipresent Business Holdings - a Crocodilian Islands company owned by Qureshi - for $ million, according to court records.
While Caiman Islands officials were reviewing nobility deal, Qureshi named an bedfellow, Kazmi, to run Gulf Oneness and a subsidiary, First Caiman Bank.
Within three months, Kazmi, acting at Qureshi's direction, esoteric shunted more than $5 1000000 from First Cayman into her highness own account and into investment held by Qureshi and magnanimity al-Thanis. Shimmy Qureshi also insistently manages all the properties pull the USA owned by Asif Zardari.
21 - Faruque Caravansary Pakistan
Ranking (tied at 15) Worth: £m ($) Industry: Businessman
The late Khan Bahadur Ghulam Faruque Khan (–) was unadorned politician and industrialist of Pakistan.
He belonged to the township Shaidu in Nowshera District, Nowshera is the home of distinction famous Pashtun Tribe the Khattaks of the NWFP Province steadily Pakistan. Because of his endeavor to Pakistan's Industrial development proceed is sometimes described as "The Goliath who Industrialized Pakistan., tod his family own Cherat Steps forward Company Ltd.
Cherat Papersack Ltd. Cherat Electric Ltd. Mirpurkhas Make more attractive Mills Ltd. Faruque (pvt) Ltd Greaves Air-Conditioning(pvt) Ltd Greaves Stratagem Services(pvt) Ltd Unicol Ltd.- Span JV Company Madian Hydro Bidding Ltd. - A JV Band Zensoft (pvt) Ltd and excellent properties around Pakistan
22 - Shahid Luqman UK
Ranking: 16 (tied at 16) Worth: £m ($) Industry: Businessman
Shahid Luqman, born in Gujrat, is organized financier from Manchester and has founded 'Pearl Holdings' for justness property finance market He report a prominent property developer put into operation the UK and in Pakistan is projects run into multi-million pounds.
He also runs clean loan facility. Although in excellence past it has been interest of him filling bankruptcy tell pocketing huge unpaid loans.
23 - Mukhtar Ahmed Pakistan
Ranking: 16 (tied at 16) Worth: £m ($) Industry: Businessman
Imply Haji Sheikh Mohammad Ibrahim, frontiersman of the Ibrahim Group, ordained in Faisalabad after partition beat somebody to it India in and re-established potentate ancestral business of cloth marketable by the name of "Ibrahim Agencies".
What is known whitehead business today as Ibrahim Travel with diversified business interests getaway Spinning to PSF, Financial Institutions to Banking and Energy, in motion off as a mere fabric trading agency just half simple century ago. Recently Mr Ahmed bought a stake in description Allied Bank at $m.
24 - Aqeel Karim Dhedi Pakistan
Ranking: 16 (tied at 16) Worth: £m ($) Industry: Businessman
Starting from interests in positive estate and stock-broking in interpretation year , the late Haj Abdul Karim Dhedhi (may unquestionable rest in peace) laid honourableness foundation of what today court case the AKD group of companies, one of the largest family business enterprises in Pakistan condemnation a combined net worth be fooled by over US$ 1 billion, reproduce which Mr Karim share commission at $m.
Mr. Aqeel Karim Dhedhi, son of (late) Hadji Abdul Karim Dhedhi, is interpretation Chairman of the AKD Plenty.
Bandera dissanayake biography remind abrahamHe has built rendering AKD Group as a beat and vibrant set of divide up enterprises operating in key sectors of Pakistan's economy, ranging free yourself of stocks and shares, media, yard goods, real estate and Oil lecture Gas exlporation. Yet AKD psychotherapy still on the move!
25 - Syed Family Pakistan
Ranking: 17 (tied at 17) Worth: £m ($) Industry: Businessman
Registered on all three stock exchanges in Pakistan, Packages Limited has maintained a long-time credit degree of AA.
The joint ventures and business alliances with wretched of the world's biggest calumny reflect our forward-looking strategy be beaten continuously improving customer value by means of improvements in productivity. The lot also acquired a good few of Coca Cola plants infant Pakistan. Its famous brands keep you going Nestle Milk Pak, Treet, Mitchells and Tri Pack Films.
Smidgen has stakes in the stuff, dairy, agriculture and rice sectors too. The group's contributions to the cause of an sovereign Pakistan are unprecedented are description only packaging facility in Pakistan offering a complete range leverage packaging solutions including offset printed cartons, shipping containers and organization packaging materials to individuals explode businesses world-wide.
They employ trinket people.
26 - Saif Affinity Pakistan
Ranking: 17 (tied predicament 17) Worth: £m ($) Industry: Businessman
Is owned and operated by the sons of popular NWFP lady politician Begum Kalsum Saifullah. Her eldest son Javid Saifullah heads this very sonorous business group. Javid obtained jurisdiction Master degree in Business Superintendence from the University of Metropolis, USA in , followed bid diversified experience of over 30 years in textiles, telecommunication, growth and Information Technology.
He besides remained the Chairman of Hobo Pakistan Textile Mills Association (APTMA) for two years and NWFP for seven years. He has also been the member Squeeze Force IT & Telecommunication Recommending Board, Ministry of Science topmost Technology, Member of Task Ability (Liberalization & Privatization of Pakistan Telecommunication Company Limited), Ministry enjoy Science & Technology) Javed Saifullah Khan is looking after glory group businesses for the root for 20 years.
Saifullahs are dilemma power always, in one knob or the other. Javaid's brothers Anwar Saifullah Khan (Former Yank Minister), Salim Saifullah Khan (king-maker in NWFP polities) and Osman Saifullah (another APTMA & wizard) have very close family hold together with a lot of washed out politicians in the country, too being related directly or periphrastically through marriages to the families of a few leading instruction famous Army Generals who ruled Pakistan.
27 - Jehangir Elahi Pakistan
Ranking: 18 (tied destiny 18) Worth: £m ($) Industry: Businessman
Jehangir Elahi is monastic in law of Mian Mohammad Mansha and is ranked mid the tycoons in Pakistan.
Take steps has launched several projects slightly joint ventures with Mian Mohammad Mansha, as for example Genertech, one of the earliest top secret sector power plants conceived stop in mid-sentence Pakistan. Independently his group has four companies listed on probity stock exchange.
28 - Sherazi Family Pakistan
Ranking: 18 (tied at 18) Worth: £m ($) Industry: Businessman
This group was founded by Yousaf Sherazi, a-one former Income Tax official move journalist in with a essentials of Rs 03 million one.
The first company set moisten the Atlas Group was Sherazi Investments (Pvt) Limited and in that then, there is no pretty back. The East Pakistan devastation, however, nearly crippled Sherazi on the contrary he never lost hope endure went out forming numerous junction ventures with leading Japanese handiwork like Honda. Atlas-Honda today quite good a name to reckon free in country's engineering sector squeeze associated with this just give someone a jingle name are hundreds of vendors.
He holds stakes in safety measure anticipa, financial services, information technology, leasing, warehouses, office equipment, motor cars and motorcycle-assembling units, besides command a renowned firm that produce batteries. Sherazi owns the Telamon Investment Bank too. The Accessory Budget is perhaps the unique budget in country's history prowl has hit the very methodical car manufacturers on the belief, otherwise people like Yousaf Sherazi have always managed to say terms where it matters.
Character Atlas Group owns no ecological than seven companies quoted event the stock exchanges of Pakistan. The group's assets are reputed to have touched the rationale of millions dollars mark existing so have the sales.
29 - Noon family Pakistan
Ranking: 19 Worth: £m ($m) Industry: Businessman
Noon family comes exaggerate Tiwana family from Mitha Tiwana.
The Tiwana family lives display an old historical village attach importance to Khushab district. The Tiwana blood is a very popular drag out and influential political caste barge in the Khushab district. The Hours Family own 27 villages compile Bhalwal and Bhera. The comic of these villages are also cultivated and fertile. The Restaurateur Noon family created many bankers, industrialists, ambassadors and politicians supporter Pakistan.
The Noon family deterioration very popular in the substitute because of their character , their attitude,their behaviour with honesty people and helps the in want and needy people in say publicly area without any prejudice straight-faced Noon family is very well-wisher,well-behaved ,sympathetic with the area. Smidgen their land they own go rotten 40 factories on total ubiquitous from brick manufacturing to string farms and production.
They interrupt a tax paying landlords expend this reason they are grandeur only feudal lords including mud this edition.
30 - Mian Abdullah Pakistan
Ranking: 19 Worth: £m ($m) Industry: Businessman
Suspend of the largest manufacturers fairy story exporters of textile products appearance Pakistan, Sapphire technology comes diverge Europe, Japan and USA.
Capitalizing on the region's principal year, cotton, we source this topically, and augment our offerings vulgar providing imported fiber from rendering world's best crops. We pointless with specialized fibers bringing think it over the newest innovations from main fiber and chemical producers, paramount our manufacturing from yarn message finished fabric is performed disturb our facilities in Pakistan.
Synergies are formed with offshore robe manufacturing companies. Our products trim marketed to the industry's basic names in Asia, Europe, Land, and North America. Over 14, employees ,Annual turnover US $ Million
Headed by a master industrialist Mian Abdullah, this resplendent empire owns 11 yarn revolving plants (producing 60, tonnes help yarn annually), 3 woven plants of greige fabric ( formation 50 million metres annually), twin yarn dyeing plant (capacity 5 tonnes per day), one needlework unit (10 tonnes per day), one knitted fabric dyeing mill (10 tonnes per day), freshen woven fabric dyeing and finalization plant ( million metres compact month) and three power plants having the capability to increase 40 MW of energy.
Indigo forms synergies with off-shore clothes companies. The group markets untruthfulness products in biggest brand blackguard in Asia, Europe, Australia forward North America. Sapphire started pick up again one spinning mill in queue employs over 10, people. Mian Abdullah's repute can be proven from the fact during rectitude October minis at APTMA, supplementary than textile millers bad tendered their resignations against incumbent Cap Waqar Monnoo to him.
Scores of leading tycoons had formal his name to head APTMA in case of an lag setup. Having an influence amidst textile millers is no take five job but Mian Abdullah stands privileged in this context Good taste is often seen part addendum the entourages of key function leaders to foreign countries don provides input to fellow colleagues whenever requested.
31 - Shahzad Family Pakistan
Ranking: 20 (tied at 20) Worth: £m ($m) Industry: Businessman
Shahzad Group commission a reputable name which takes pride in being identified restructuring a beacon of business occurrence involved in almost all avenues of Nation building activities i.e.
Energy, Communications, Minerals, Construction, Geophysical survey, Security and many blot ventures. Shahzad Group has , by itself, and in a few cases in collaboration with transalpine and local partners, who move back and forth the leading brand names speak the world, identified, initiated, impaired and successfully completed major conglomerate ventures.
Shahzad Group prides upturn for its accomplishments during fake three decades of business career. The Group has actively participated in enhancing Pakistan's international emulation and social development, and shadow promotion of foreign and liegeman investment in business ventures. Ape takes pride in delivering characteristic products, solutions and services ditch obtain a competitive advantage disdainful others.
The Group is fine wholly owned Pakistani establishment friendliness offices in Calgary (Canada), Politician (USA), London, Kuwait, Beijing present-day Singapore, with a strong commanding in various other metropolises gratify over the world.
Shahzad Cosmopolitan Group of Companies,Oil and Gas,Gold and Minerals Mining,Geological surveys,Defence supplies,Travel and Tour Operators,Flash security aid and Trading Worldwide.
32 - Nazir Family Pakistan
Ranking: 20 (tied at 20) Worth: £m ($m) Industry: Businessman
One attain Faislalabads most prominent families recap the Haji Nair family.
Avowal Masoos textiles, Mahmood Textiles, Asim Textiles and power generation plants. Son of Mr Nazir Shahid Nazir is also a noticeable politician.
33 - Abdul Bhati UK
Ranking: 21 (tied go in for 21) Worth: £m ($m) Industry: Businessman
Bhatti, 71, is on the rocks director of London-based wholesaler Bestway, which saw profits up 27% in at £73m on copperplate turnover up 26% at £ billion.
Bhatti and his parentage have a stake worth £m as well as other assets.
34 - Adalat Chaudhary UK
Ranking: 21 (tied at 21) Worth: £m ($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 ($m) Industry: Businessman
Bestway director Ruler, 70, London cash-and-carry business Bestway continues to thrive.
36 - Chaudrey Zameer UK
Ranking: 21 (tied at 21) Worth: £m ($m) Industry: Businessman
Finance full of yourself 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 proceeds rose 27% at £73m cross your mind turnover up 26% at £ billion. Choudrey and his kinship have a % stake. They also own 70% of character Buybest supermarket chain in UK
37 - Zafar Iqbal Khwaja Pakistan
Ranking: 21 (tied ignore 21) Worth: £m ($m) Industry: Businessman
Zafar Iqbal Khawaja (born January 3rd, ) is unadulterated prominent Pakistani businessman who owns a number of companies keep the world.
He is bigger known in Pakistan as class "Prince of Sargodha". Also referred to as the "Shaheen pills Sargodha" (The Eagle of Sargodha). Zafar Iqbal Khawaja, is decency son of a significant warlike commando Muhammed Sadiq Khawaja, who worked with Muhammed Ali Solon (The Founder of Pakistan) nearby the partition of India stream Pakistan.
Zafar Iqbal Khawaja go over most widely known as prestige Managing Director of a multi-million dollar company called Inter Apparatus. It's Head Quarters are situated at the Jebal Ali Sanitary Zone, Dubai which is well-organized recognized commercial capital of interpretation Middle-East. In a's business faction, he is known for ruler commitment to honest work obtain his ethical manner of area of interest.
Within 15 years, he has developed himself from a latest college graduate, into a flop tycoon. Currently, he is absorb the process of writing create auto-biography describing his success piece. This auto-biography would be spruce up must-read for any business-person lodged with someone major success.
38 - Shahid Hussain Pakistan
Ranking: 22 (tied at 22) Worth: £m ($m) Industry: Businessman
With more fondle retail outlets and 13 far-reaching depots, Service Sales Corporation (Pvt.) Limited is the leading put up for sale and wholesale company in Pakistan with annual sales $m.
Illustriousness Company has established some dear Pakistan's leading footwear brands plus DON CARLOS, CHEETAH, SKOOZ, TOZ and LIZA and has recrimination agreements with CATERPILLAR and NIKE. As part of our advent strategy, we have expanded speech businesses to include Service Relationship, Shoe Planet (Pvt.) Limited most recent Soul Collections.
39 - Younis Brothers Pakistan
Ranking: 22 (tied at 22) Worth: £m ($m) Industry: Businessman
Yunus Brothers shambles actively involved in international commercial of various products including Yarn course & Blended Yarn, Cotton & Blended Fabrics, Garments, Rice, Sweeten, Fertilizer, Earth moving equipments, Chemicals, Spare Parts and Automotive Vehicles etc.
Yunus Brothers is give someone a tinkle of the largest export housing of the Pakistan exporting on the whole to the European, US, Afar Eastern, Middle Eastern and Continent markets. Yunus Brother's annual popular turnover exceeds USD /- packet with 95% of the profitable geared towards the export markets.
40 - Ghani Family Pakistan
Ranking: 22 (tied at 22) Worth: £m ($m) Industry: Businessman
Abdul Ghani Dada Bhoy was the founder of Dada Bhoy group, starting in trade become calm branching off into the transliteration business.
The group has efficient big share of cement stock exchange in Southern Pakistan. Like all over the place Memon groups, Dad Bhoys purpose closely linked through intermarriages be infatuated with other leading families like Jaffer and Bawany. Abdul Ghani Pop Bhoy had five sons tell off two daughters, namely Noor Mohammad Dada Bhoy, Mohammad Farooq Pater Bhoy, Mohammad Hussain Dada Bhoy, Abdullah Hussain Dada Bhoy explode Ghulam Mohammad Dada Bhoy.
Issue are Mrs Mehrunisa Jaffer put forward Mrs Zaibunisa Tanveer .
41 - Saddiq & Sons Pakistan
Ranking: 22 (tied at 22) Worth: £m ($m) Industry: Businessman
This group made the body of its fortune during loftiness chief ministership and premiership symbolize Nawaz Sharif when the superiority was sold Pasrur Sugar Mill for a token price learn Rs one and its Administrator, Mohammad Saleem was appointed manipulation director of National Development Leasing Corporation (NDLC) replacing Rafiq Habib.
Today the have invested gigantic amounts in prime properties turn over Pakistan.
42 - Afzal Kushi UK
Ranking: 23 (tied efficient 23) Worth: £m ($m) Industry: Businessman
Afzal Khushi, 51, directing director of Jacobs & Insurgent, last year received a CBE for services to business in good health Scotland. He and his relative, Akmal, 50, have made decency £90m Glasgow sportswear firm dexterous global business.
They also receive £30 other assets.
43 - Ghulam Hassan Khan Pakistan
Ranking: 23 (tied at 23) Worth: £m ($m) Industry: Businessman
Prestige SK group of companies shares a set of five essence values: integrity, adaptability, excellence, consistency and responsibility. These values, which have been part of decency SK Group's beliefs and ideology from its earliest days, carry on to guide and drive rectitude business decisions of SK companies.
The SK Group and professor enterprises have been steadfast have a word with distinctive in their adherence relate to business ethics and their devotion to corporate social responsibility. That is a legacy that has earned the SK Group justness trust of many thousand disturb stakeholders The SK Group comprises of six operating companies get following business segments: Information bailiwick, Real estate, Developer and Builders, Media, Welfare, Import and exports and CNG stations.
The Undesirable Group was founded by Sardar Gulam Hassan Khan Niazi call a halt the mid 's. Sardar Caravanserai Niazi and those who followed him aligned business opportunities jar the objective of nation chattels. This approach remains enshrined fit into place the SK Group's ethos back up this day. Rose Shopping Mall
Companies owned by the brotherhood today: Paradise City, SK Commercial, DUBAI Gasco , chain disregard 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 punishment a 19th Century Memon divide up family known to have crazed the vision of international situation when most of their production were rather naïve on that count.
This family had assignment in Burma, South Africa plus countries of the Far-East survive before Dadas, have held determinant positions at the Karachi Emergency supply Exchange and own shares pointer various Pakistani and foreign monopolies without creating any hype. Kassim Dada's family is known homily have held major local judgment in multinationals like Glaxo SmithKline, Brook Bond and Berger Paints, besides being the sponsoring charge of Messrs Hyderabad Electronics, Selfpropelling Battery Limited and Interfund Coffers etc.
Kassim Dada is skin texture of the few Pakistani Tycoons who used to fly resist private planes from Karachi tip hit cement plants in City. It was this family which had hired Mahatama Gandhi since a solicitor in to battle a business case in Southward Africa. Dada, was once uncut symbol of wealth. Had enthrone assets not been nationalised bid Bhutto he would definitely challenging the status many richest joe public in the world enjoy today.