Sunday, July 20, 2014


1 - Mian Muhammad Mansha Yaha Pakistan

Ranking: 1 
Worth: £1.25b 
($2.5billion) Industry: Businessman 

Mansha has around 40 companies on board. 
Mansha, who owns the Muslim Commercial Bank is also setting up a $ 17m paper 
mill. He is one of the richest Pakistanis around. Nishat Group was country's 
15th richest family in 1970, 6th in 1990 and Number 1 in 1997. Mansha is on 
the board of nearly 50 companies. He is deemed to have made investments in 
many bourses, currency and metal exchanges both within and outside Pakistan.
He could have bought the United Bank too, but then who doesn't have 
adversaries. Nishat Group comprises of textiles, cement, leasing, insurance 
and management companies. If Mansha was bitten by Bhutto's nationalization 
stint of 1970, his friends think he was compensated by Nawaz Sharif's 
denationalization programme to a very good effect. There is no stopping 
Mansha and he is still on the move. 

Nishat group assets are $4.4Billion. He is 
sometimes even regarded as the richest Pakistani around by his friends 
claiming he does not 'show it off'. 

2 - Asif Ali Zardari Pakistan

Ranking: 2 
Worth: £900m ($1.8billion) 
Industry: Politics 

Asif Zardari dubbed 'Mr 10%' an unknown 
happy-go-lucky son of a small-time businessman who struck gold by marrying 
one of the worlds most glamorous women Former Prime Minister of Pakistan 
Benzair Bhutto. Taking advantage of his wife's authority he is known to have 
taken kickbacks from many deals inside and outside of Pakistan. The most 
famous was a $4 billion deal to buy 32 Mirage jets from the French company 
Dassault. Documents, which include letters from Dassault executives, 
indicate an agreement was reached to pay a 5% 'remuneration' - about $200m - 
to Marleton Business, a BVI company controlled by Zardari. Besides these 
many more kickback deals were taken with companies such as ARY Gold, Société 
Général de Surveillance (SGS), Cotecna, and ZPC Ursus, a Polish tractor 

Zardari assets holding amount into hundreds 
of millions of dollars easily, Having 8 prime properties in the UK, of which 
once is the famous Rockwood Estate 365 acres in Surrey, worth £4.35m has now 
been sold and money sent back to the Govt. of Pakistan. Also 14 
multi-million dollar mansions in the USA, including owning Holiday Inn hotel 
Houston, Texas Owned by 'Mr 10%' and Iqbal Memon and Sadar-ud-Din Hashwani. 

They (Zardari and B.Bhutto) also have huge 
business ventures in the Middle East running into hundreds of millions if 
not billion mark. 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

Ranking: 3 
Worth: £750m ($1.5billion) 
Industry: Businessman 

Chairman of Bestway Group. The Bestway Group 
started in 1976 with its first Bestway cash and carry warehouse opened in 
London. Today the have in total around 50 Cash and Carry's. Including their 
recent takeover of rival group Batleys for around £100m. Bestway Group 
ventured into Pakistan's huge the cement business in 1995 and set up cement 
manufacturing plant in Pakistan at a cost of $120 million. 

Taking Advantage of Pakistan growing economy 
they also acquired a 25.5% stake in United Bank Limited in 2002. Today, the 
Bestway Group has interests in cash & carry wholesale, property investments, 
retail outlets, milling of rice, lentils and pulses, cement production and 
more recently into banking. The group's total sales amounted to in excess of 
£ 2 billion. The group provides direct employment to thousands in the UK and 
Pakistan. The have many interests in Pakistan too. Sir Anwar Pervaiz and his 
his partners sheer hard work has bought them to outstanding international 
levels, which definitely makes him an ideal role model for many young 
Pakistanis today. He still on the move! 

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

Ranking: 4 
Worth: £700m ($1.4billion) 
Industry: Politics/Businessma n 

Mr Sharif Businessman turned politician the 
former Prime Minister of Pakistan. He was ousted in a military coup in 1999 
and was forced to forfeit $9million dollars and some of his assets including 
his $5m Mansion is Raiwind near Lahore. Before becoming PM he was a major 
share holder along with his brother and cousins of Ittefaq Group, having 
assets well in excess of £50m in the 90's. 
Mian Muhammad Nawaz Sharif was twice elected as Prime Minister of Pakistan, serving two non-consecutive terms, the first from November 1, 1990 to July 18, 1993 and the second from February 17, 1997 to October 12, 1999. His party is the Pakistan Muslim League (N) (Nawaz group). He is best known internationally for ordering Pakistan's 1998 nuclear tests in response to India's nuclear tests, and the abrupt end of his final term in a dramatic coup by General Pervez Musharraf. Nawaz Sharif is currently an opposition leader and a strong supporter of the free judiciary movement in Pakistan. On Sunday, March 15, 2009, he defied house arrest to lead anti-government protests that briefly turned violent. Sharif called the mass rally a "prelude to a revolution." 

5- Saddaruddin Hashwani 

Ranking: 5 
Worth: £550m ($1.1billion) 
Industry: Businessman, Hotel Tycoon 

Saddaruddin Hashwani is Chairman Hashoo 
Group is known for his dominance in Pakistan's hotel industry, though 
Hashwanis are have huge strength in real estate business too. Hashwanis are 
involved in trading of cotton, grain and steel and till the nationalization 
of cotton export in 1974, they were widely being dubbed as the Cotton Kings 
of Pakistan. Today, this group has excelled in export of rice, wheat, cotton 
and barley. It owns textile units, besides having invested billions in 
mines, minerals. hotels, insurance, batteries, tobacco, residential 
properties, construction, engineering and information technology. In 1984, 
Hashwani defeated the Lakhanis in the bid for Premier Tobacco but was 
arrested along with his brother Akbar in 1986 for allegedly evading customs 
duty on cigarettes. Sadarduddin' s brother Akbar and the children of another 
late brother Hassan Ali Hashwani together manage around 45 companies. Akbar 
runs the second Hashwani Group. He is one of the most well-known magnates in 
Pakistan who is a regular invitee at the Diplomatic Enclave. The list of 
local and international bigwigs known personally to Hashwani is unending. 

6 - Nasir Schon & family

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

Nasir Schon is a prominent business leader 
of Pakistan and the CEO of Schon Group. Nasir Schon is the son of Captain 
Ather Schon Hussain, an ex-pilot of PIA. The Schon family is one of the few 
striving Muhajir Urdu business families in Pakistan. Starting off in 
Singapore in 1982, the peek of Schon group was in 1995 when they owned 
National Fibres, Schon Bank, Schon Textiles and Pak-China Fertizilers. 
Famous for the trend-setting roundabout, Schon Circle, Nasir Schon is also 
known to be one of the first people to have a Rolls-Royce in Pakistan. 
Directors of Schon group flew to Dubai in 1997 in exile after the dismissal 
of ex-Prime Minister Benazir Bhutto. The directors of Schon group were known 
to have close contacts with the husband of former Prime Minister, Asif 
Zardari. Many assets of the Schon group were auctioned by the Nawaz Sharif 
government. Schon Group is the only group in Pakistan who has paid the 
government over 3 billion rupees ($65m) in order to return from exile. 
Living in Dubai gave Nasir Schon an opportunity to start businesses there. 
Currently working on an $830 million real estate project known as Dubai 
lagoon, Schon group is also fighting to get back the assets they once lost. 
Currently, the Schon group operates a pilot training center in Pakistan 
known as Schon Air. 
7 - Abdul Razzaq Yakoub & family

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

Mr Yakoub 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 
Pakistan's biggest media barons controlling around 7 channels. Besides this 
he has a huge property holdings in Karachi, Islamabad and Dubai amounting to 
over $200m. He is major in the gold market also having around 20 outlets in 
Asia. He has also been involved in paying Asif Zardari $5m in 1990's for 
allowing him to import/export gold. Which he denies and claim's is 
government forgeries. 

8 - Rafiq Habib & Rasheed Habib Pakistan

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

Legend has it that the Goddess of Wealth has 
been in love with the seasoned Habibs more than anybody else in Pakistan. 
Most pundits believe that Habibs own at least 100 companies throughout the 
world, but these content mega-tycoons never boast off, something which has 
made it uphill for most to predict about their financial standing. This 
industrial group was founded by Seth Habib Mitha, born in 1878 to Esmail 
Ali-a factory owner in Bombay. The financial strength of the Habibs can be 
gauged from the fact that Muhammad Ali Habib gave a cheque of Rs 80 million 
to Quaid-e-Azam in 1948 at a time when Pakistan government was penniless 
owing to delay in transfer of Pakistan's share of Rs. 750 million by the 
Reserve Bank of India. They had offices in Europe in 1912. They incorporated 
the Habib Bank in 1941. They 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, synthetics sugar, glass, 
construction, concrete, farm autos, banking, oil, computers, music, paper, 
packages, leasing and capital management. Habibs today are headed by Rafiq 
Habib and Rashid Habib in two distinct groups. What makes them extremely 
influential players of all times is the fact that for dozens of top 
businessmen today, Habib were a myth once. 

9 - Tariq Saigol & Nasim Saigol Pakistan

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

Hailing from Jhelum. The pioneer of the 
Saigol dynasty in 1890 was Amin Saigol who established a shoe shop that 
eventually transformed into Kohinoor Rubber Works. And then times saw them 
shining literally like the Kohinoor until their progress was halted by 
Nationalization in which they lost two-thirds of their wealth. Saigols got 
trifurcated in 1976 and 15 descendents of Amin Saigols four sons got a 
share. The name of the Saigols has been used in this part of the world as 
similes describing quantum of wealth. Yousaf Saigol, along with his brothers 
Sayeed Saigol, Bashir Saigol and Gul Saigol then nourished an excellent 
crop. In 1948, Saigols established the Kohinoor Textile Mills with a cost of 
Rs 8 million and 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 are holding 
the family's fort together and have risen to unprecedented heights in 
individual capacities. NAB did haunt Nasim but Tariq spent more time either 
accepting or refusing prized slots everywhere. Tariq is the one of the 
finest business brains around. 

10 - Dewan Yousaf Farooqui Pakistan

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

Mr Farooqui. The mentor of this group has 
been the Sindh Minister for Local Bodies. Industries, Labour, Transport, 
Mines & Minerals. Dewan Mushtaq Group is one of the Pakistan's largest 
industrial conglomerates in sectors like polyester acrylic fiber, 
manufacturing and automotives. Six of their companies are listed at the 
Karachi & stock Exchange and one at the Luxembourg bourse. Dewan Farooqui 
Motors assembles 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 empire as it ranks 11th in the world in total production 
capacity. The group owns three textile units, a motorcycle manufacturing 
concern and the largest sugar unit in the country. Dewans also have business 
interests in India. They possess dozens of millions of shares of Saudi 
Cement and Pak land Cement. They also have the franchise licence for BMW in 
Pakistan and now Rolls Royce showrooms. 

11 - Sultan Ali Lakhani & family Pakistan

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

The Lakhanis are currently having a hard 
time at the hands of NAB. Sultan Lakhani and his three brothers run this 
prestigious group and the chain of McDonald's restaurants in Pakistan. NAB 
has alleged the Lakhanis of having created phoney companies through 
worthless directors and raised massive loans from various banks and 
financial institutions. Sultan is currently abroad after having served a 
jail term with younger sibling Amin, though the latter was released much 
earlier. NAB had reportedly demanded Rs 7 billion from Lakhanis, but later 
agreed they pay only Rs 1.5 billion over a 10-year period. Lakhanis, like 
their arch-rivals Hashwanis, are the most well-known of all Ismaeli tycoons. 
Their stakes range from media, tobacco, paper, chemicals and surgical 
equipment to cotton, packaging, insurance, detergents and other house-hold 
items, many of which are joint ventures with leading international 
conglomerates. Though Lakhanis are in turbulent waters currently, the 
success that greeted them during the last 25 years especially has been 
tremendous. They have rifts with large business empires despite being known 
fur their genteel nature. Whether it is any government in Sindh or at the 
Federal level, Lakhanis have had trusted friends everywhere, though the 
present era has proved a painful exception. 

12 - Malik Riaz Hussain Pakistan (Bahria Town Fame)

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

Malik Riaz Hussain heads the massive project 
which is currently developing state-of-the- art schemes in Lahore, Karachi 
and Rawalpindi/Islamaba d. Emerging out of the blue, this developer has 
reportedly developed tremendous connections where it matters in Pakistan-One 
of the few reasons why his constructed projects get completed in time 
without hindrance. Whether he has gifted bungalows free of cost of country's 
bigwigs or offered them at highly concessional rates, the reality on the 
ground is that Malik has managed to mesmerize most through his generous 
wallet. His land-holdings both within and outside Pakistan amounts to nearly 
a billion dollar. He is the man behind the Bahria Town. Irrespective of who 
is in power; he continues to build house after house-swelling his wealth. He 
is also the first man to drive a Bentley car on Pakistani soil. 

13 - Sheikh Abid Hussain alias Seth Abid

Ranking: 10 
Worth: £390m ($780) Industry: 

Sheikh Abid Hussain alias Seth Abid. He is 
one of the most resourceful developers/builders in the country owning vast 
stretches of land in major cities. On this land worth many billion of 
rupees, Seth has constructed residential schemes under the brand name of 
'Green Fort.' Seth came into this business after decades of notoriety as 
being one of the spearheads in cross-border smuggling. While many remember 
Seth for his allegedly illegal trading stints, a lot of informed circles 
still say with conviction that he, along with Dr.Qadeer and former Premier 
Bhutto, was the brain behind the success of Pakistan's nuclear programme. 
About three dozen of Seth's very close relatives, friends and nephews are 
members of country's bourses and for many years now, the Seth Abid group 
assumes the role of king-makers during the annual polls of these stock 
exchanges. He is a leading investor in stocks, metals and currency but what 
gives him immense pleasure is his philanthropic institution Hamza Foundation 
that he sponsors for the welfare of deaf and dumb children. Pakistan has not 
had a single ruler, politician, bureaucrat or Army General who doesn't know 
the Seth who is more of a myth for most. The Seth, throughout his life, has 
avoided publicity-a fact known to most journalists. 

14 - Mian Mohammed Latif Pakistan

Worth: £350m ($700) Industry: 

Chenab Group Mian Muhammad Latif supervises 
this group along with his brother Mian Ashfaque- a legislator in the 
National Assembly of Pakistan. Founded in 1975, Chenab Limited set up its 
first fashion outlet 'Chen One.' Chen One has seven outlets throughout 
Pakistan. After establishing its retail chain stores in various cities of 
Saudi Arabia, the group is now planning to establish its new retail chains 
in Bahrain, UA.E, Qatar, Kuwait and Central Asian Republics. While Chenab 
Group is an eight-time Export Trophy winner, its Chief Mian Latif has won 
the 'Businessman of the Year award on four different occasions from various 
business bodies. Chenab is principally engaged in manufacture and 
distribution of clothing, furniture goods, including non-iron suit, quilt 
cover and curtains etc. Chenab processes 50 million square metres fabric 
weaving and 75 million square metres fabric dyeing every year and has 
established a global sales network spanning across five continents. Chenab 
is licensed to the Swedish Texcote Technology in the manufacturing and sale 
of textile materials, garments and textile house-hold goods. The group's 
textile products have been awarded the Oekotex 100 accreditation. 

15 - Haji Abdul Ghafoor & Haji Bashir Ahmed

Ranking: 12 
Worth: £330m ($660) Industry: 

Sitara Group Started its activity with 
textile weaving as early as 1956, under brothers Haji Abdul Ghafoor and Haji 
Bashir Ahmed. It is now its textile cloth finishing and processing, textile 
spinning, chlor-alkali sector and in power generation. The units owned by 
this establishment include Sitara Chemicals, Sitara Chemicals (Textile 
Division 1) and Sitara Chemicals (Textile Division 11), Sitara Textiles, 
Sitara Energy and Yasir Spinning. The charities being managed under the 
aegis of Sitara group are Aziz Fatima Hospital, Ghafoor Bashir Children 
Hospital and Aziz Fatima Girls School. Sitara's name with the industrial 
City of Faisalabad is synonymous. They are the decades-old veterans in 
business, who have excelled in leaps and bounds. At their units, the owners 
of Sitara use technology imported from Japan, UK and Germany and are export 
leaders in bedding and fabric collection to South America, USA, Canada, New 
Zealand and Europe. Their textile divisions together operate at strength of 
33,984 spindles. The Sitara (group, to a common man, is more famous for its 
lawn brands like Sitara Sapna and Mughal-e-Azam. The men at helm of affairs 
in Sitara hardly believe in setting up dozens of units, of which they are 
otherwise very much capable of.

rubPzai, Sep 26, 2010 #1
Popular Pakistani

16 - Sheikhani Family Pakistan

Ranking: 13 
Worth: £300m ($600) Industry: 

They are one of the most reputed land 
developers in the country. The Sheikhani, although not a very big industrial 
establishment by any means, are led by Abu Bakar Sheikhani. The Sheikhanis 
are famous for their construction and land development- related errands. Abu 
Bakar is deemed to be one of the largest investors in real estate trade at 
Gwadar Port. He has all the right connections that are required to be in 
such business. Despite being well known to the national political circles, 
the man in street knew more of him during March/April 1991 when he surfaced 
as the single largest contributor to then Premier Nawaz Sharif's Debt 
Retirement Fund with a donation of $ 8million. Today, his adversaries dub 
him a land mafia man, alleging him for selling his Gwadar land at only $ 
4000 per acre only to senior Army officials while the same was being sold at 
$ 2,50,000 per acre to ordinary investors. But that is the way Sheikhani 
runs his vast land/construction empire. Accusations don't disturb Sheikhani, 
who according to many large developers is a man who has managed to create 
tremendous impression in land business. The rumours of his landing in any 
Pakistani City for land acquisition purposes, helps the price of real estate 
surge unprecedented overnight 

17 - Razzaq Dawood

Ranking: 14 (tied at 14) 
Worth: £250m ($500) 
Industry: Businessman 

Razzaq presently heads one of Pakistan's 
biggest construction and engineering conglomerate know as Dawood 
group/Descen group. With a roaster of impressive clients. His group has won 
many contracts in Dubai, Saudi Arabia and Iraq and employ's over 1,000 
people directly. His name was more prominent among the top 22 richest 
families in 1970 until the Bhutto nationalization which then made him set up 
abroad, he returned to Pakistan in the early 90's and started from scratch 
and today makes it in the top easily. The group also has investment of $300m 
in Bangladesh in investments in fertiliser, energy and infrastructure and 
development sectors. 

18 - Byram Dinshawji Avari Pakistan

Ranking: 14 (tied at 14) 
Worth: £250m ($500) 
Industry: Businessman 

Byram Dinshawji Avari is a prominent 
Pakistani Parsi tycoon in Karachi, Sindh, Pakistan. Together with his sons 
Dinshaw and Xerxes and their direct families, he owns and operates the Avari 
Group of companies, of which he is the chairman. 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, the 5-star Avari Towers 
and the seafront Beach Luxury Hotel in Karachi. The group is also actively 
pursuing opportunities for owning and/or managing 3 and 4-star properties 
elsewhere in Pakistan. The Avari Group is the first Pakistani company to 
have obtained international hotel management contracts: they operate the 
200-room 4-star hotel in Dubai in United Arab Emirates and manage the 
200-room Ramada Inn in Toronto at Pearson Airport in Canada. 

19 - Rafiq Rangoonwala Pakistan

Ranking: 15 (tied at 14) 
Worth: £240m ($480) 
Industry: Businessman 

Mr. Rafiq Rangoonwala, Chief Executive 
Officer Cupola Group of Companies, was born in Karachi, did BA (Hons.) from 
University of Karachi, went to United States of America in 1979, and did 
Executive Development Course from Whittemore School of Business, University 
of New Hampshire along with several management courses from U.K, U.S, 
Canada, Australia and Singapore. In 1980, he started his career in Fast Food 
restaurants from KFC in Houston. Since then he has managed several other 
brands alongside KFC like Pizza Hut, Harry Ramsden's, TGI Fridays, Pizza 
Express etc. e joined Artal Restaurants International as CEO in October 1999 
and is currently heading Cupola Group of Companies who has franchise rights 
in Pakistan for KFC, Indulge, Freshens and Casa. The associate Investment 
Company of Cupola is AL ABRAJ, with approximately US $400 million under 

20 - Shimmy Querishi

Ranking: 15 (tied at 15) 
Worth: £240m ($480) 
Industry: Businessman 

A jet-setting international businessman who 
fly's by jet and swings a polo mallet with some of the world's top players, 
Qureshi seems a model of successful enterprise. Shimmys business interests 
are mainly property, which with the boom and his holidings has took his 
wealth to a new level. Although people may remember him for his stunt in the 
early 90's with George Lindemann, the billionaire founder of Cellular One, 
when Lindemann took him to court claiming he has cheated them in to a deal 
to buy their home on Hurlingham Drive in Wellington for $3.5 million. A year 
before the Lindemanns filed their suit, Qureshi bartered with another 
wealthy family - the al-Thanis, who rule the Arab country of Qatar - to buy 
Gulf Union Bank in the Cayman Islands. 
In May 1997, the al-Thanis agreed to sell 
Gulf Union to International Business Holdings - a Cayman Islands company 
owned by Qureshi - for $4.5 million, according to court records. 

While Cayman Islands officials were 
reviewing the deal, Qureshi named an associate, Kazmi, to run Gulf Union and 
a subsidiary, First Cayman Bank. Within three months, Kazmi, acting at 
Qureshi's direction, had shunted more than $5 million from First Cayman into 
his own account and into accounts held by Qureshi and the al-Thanis. Shimmy 
Qureshi also fully manages all the properties in the USA owned by Asif 

21 - Faruque Khan

Ranking:15 (tied at 15) 
Worth: £240m ($480) 
Industry: Businessman 

The late Khan Bahadur Ghulam Faruque Khan 
(1899-1992) was a politician and industrialist of Pakistan. He belonged to 
the village Shaidu in Nowshera District, Nowshera is the home of the famous 
Pashtun Tribe the Khattaks of the NWFP Province in Pakistan. Because of his 
contribution to Pakistan's Industrial development he is sometimes described 
as '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 Greaves 
Engineering Services(pvt) Ltd Unicol Ltd.- A JV Company Madian Hydro Power 
Ltd. - A JV Company Zensoft (pvt) Ltd and prime properties around Pakistan 

22 - Shahid Luqman

Ranking: 16 (tied at 16) 
Worth: £230m ($460) 
Industry: Businessman 

Shahid Luqman, born in Gujrat, is a 
financier from Manchester and has founded 'Pearl Holdings' for the property 
finance market He is a prominent property developer in the UK and in 
Pakistan is projects run into multi-million pounds. He also runs a loan 
facility. Although in the past it has been noticed of him filling bankruptcy 
and pocketing huge unpaid loans. 

23 - Mukhtar Ahmed Pakistan

Ranking: 16 (tied at 16) 
Worth: £230m ($460) 
Industry: Businessman 

Late Haji Sheikh Mohammad Ibrahim, founder 
of the Ibrahim Group, settled in Faisalabad after partition of India in 1947 
and re-established his ancestral business of cloth trading by the name of 
'Ibrahim Agencies'. What is known in business today as Ibrahim Group with 
diversified business interests from Spinning to PSF, Financial Institutions 
to Banking and Energy, started off as a mere cloth trading agency just half 
a century ago. Recently Mr Ahmed bought a stake in the Allied Bank at $300m. 

24 - Aqeel Karim Dhedi Pakistan 

Ranking: 16 (tied at 16) 
Worth: £230m ($460) 
Industry: Businessman 

Starting from interests in real estate and 
stock-broking in the year 1947, the late Haji Abdul Karim Dhedhi (may he 
rest in peace) laid the foundation of what today is the AKD group of 
companies, one of the largest domestic business enterprises in Pakistan with 
a combined net worth of over US$ 1 billion, of which Mr Karim share is at 
$400m. Mr. Aqeel Karim Dhedhi, son of (late) Haji Abdul Karim Dhedhi, is the 
Chairman of the AKD Group. He has built the AKD Group as a leading and 
vibrant set of business enterprises operating in key sectors of Pakistan's 
economy, ranging from stocks and shares, media, textile, real estate and Oil 
and Gas exlporation. Yet AKD is still on the move! 

25 - Syed Family Pakistan

Ranking: 17 (tied at 17) 
Worth: £220m ($440) 
Industry: Businessman 

Listed on all three stock exchanges in 
Pakistan, Packages Limited has maintained a long-time credit rating of AA. 
The joint ventures and business alliances with some of the world's biggest 
names reflect our forward-looking strategy of continuously improving 
customer value through improvements in productivity. The group also acquired 
a good number of Coca Cola plants in Pakistan. Its famous brands include 
Nestle Milk Pak, Treet, Mitchells and Tri Pack Films. It has stakes in the 
textile, dairy, agriculture and rice sectors too. The group's contributions 
towards the cause of an independent Pakistan are unprecedented are the only 
packaging facility in Pakistan offering a complete range of packaging 
solutions including offset printed cartons, shipping containers and flexible 
packaging materials to individuals and businesses world-wide. They employ 
over 4000 people. 

26 - Saif Family Pakistan

Ranking: 17 (tied at 17) 
Worth: £220m ($440) 
Industry: Businessman 

Is owned and operated by the sons of famous 
NWFP lady politician Begum Kalsum Saifullah. Her eldest son Javid Saifullah 
heads this very powerful business group. Javid obtained his Master degree in 
Business Administration from the University of Pittsburgh, USA in 1973, 
followed by diversified experience of over 30 years in textiles, 
telecommunication, cement and Information Technology. He also remained the 
Chairman of All Pakistan Textile Mills Association (APTMA) for two years and 
NWFP for seven years. He has also been the member Task Force IT & 
Telecommunication Advisory Board, Ministry of Science and Technology, Member 
of Task Force (Liberalization & Privatization of Pakistan Telecommunication 
Company Limited), Ministry of Science & Technology) Javed Saifullah Khan is 
looking after the group businesses for the past 20 years. Saifullahs are in 
power always, in one form or the other. Javaid's brothers Anwar Saifullah 
Khan (Former Federal Minister), Salim Saifullah Khan (king-maker in NWFP 
polities) and Osman Saifullah (another APTMA & wizard) have very close 
family ties with a lot of key politicians in the country, besides being 
related directly or indirectly through marriages to the families of a few 
leading and famous Army Generals who ruled Pakistan. 

27 - Jehangir Elahi Pakistan

Ranking: 18 (tied at 18) 
Worth: £200m ($400) 
Industry: Businessman 

Jehangir Elahi is brother in law of Mian 
Mohammad Mansha and is ranked among the tycoons in Pakistan. He has launched 
several projects as joint ventures with Mian Mohammad Mansha, as for example 
Genertech, one of the earliest private sector power plants conceived in 
Pakistan. Independently his group has four companies listed on the stock 

28 - Sherazi Family Pakistan

Ranking: 18 (tied at 18) 
Worth: £200m ($400) 
Industry: Businessman 

This group was founded by Yousaf Sherazi, a 
former Income Tax official and journalist in 1962 with a capital of Rs 03 
million only. The first company set by the Atlas Group was Sherazi 
Investments (Pvt) Limited and since then, there is no looking back. The East 
Pakistan tragedy, however, nearly crippled Sherazi but he never lost hope 
and went out forming numerous joint ventures with leading Japanese concerns 
like Honda. Atlas-Honda today is a name to reckon with in country's 
engineering sector and associated with this just one name are hundreds of 
vendors. He holds stakes in insurance, financial services, information 
technology, leasing, warehouses, office equipment, motor cars and 
motorcycle-assembli ng units, besides running a renowned firm that 
manufactures batteries. Sherazi owns the Atlas Investment Bank too. The 
Federal Budget 2004-05 is perhaps the only budget in country's history that 
has hit the very influential car manufacturers on the head, otherwise people 
like Yousaf Sherazi have always managed to dictate terms where it matters. 
The Atlas Group owns no less than seven companies quoted on the stock 
exchanges of Pakistan. The group's assets are believed to have touched the 
hundreds of millions dollars mark and so have the sales. 

29 - Noon family Pakistan

Ranking: 19 
Worth: £190m ($380m) Industry: 

Noon family comes from Tiwana family from 
Mitha Tiwana. The Tiwana family lives in an old historical village in 
Khushab district. The Tiwana caste is a very popular landholding and 
influential political caste in the Khushab district. The Noon Family own 27 
villages in Bhalwal and Bhera. The fields of these villages are very 
cultivated and fertile. The Landlord Noon family created many bankers, 
industrialists, ambassadors and politicians for Pakistan. The Noon family is 
very popular in the area because of their character , their attitude,their 
behaviour with the people and helps the poor and needy people in the area 
without any prejudice so Noon family is very well-wisher, well-behaved 
,sympathetic with the area. On their land they own over 40 factories on 
total ranging from brick manufacturing to cotton farms and production. They 
are a tax paying landlords for this reason they are the only feudal lords 
including in this edition. 

30 - Mian Abdullah Pakistan

Ranking: 19 
Worth: £190m ($380m) Industry: 

One of the largest manufacturers and 
exporters of textile products in Pakistan, Sapphire technology comes from 
Europe, Japan and USA. Capitalizing on the region's principal crop, cotton, 
we source this locally, and augment our offerings by providing imported 
fiber from the world's best crops. We work with specialized fibers bringing 
in the newest innovations from major fiber and chemical producers, and our 
manufacturing from yarn to finished fabric is performed in our facilities in 
Pakistan. Synergies are formed with offshore garment manufacturing 
companies. Our products are marketed to the industry's biggest names in 
Asia, Europe, Australia, and North America. Over 14,000 employees ,Annual 
turnover US $ 500 Million 

Headed by a veteran industrialist Mian 
Abdullah, this splendid empire owns 11 yarn spinning plants (producing 
60,000 tonnes of yarn annually), 3 woven plants of greige fabric ( producing 
50 million metres annually), one yarn dyeing plant (capacity 5 tonnes per 
day), one knitting unit (10 tonnes per day), one knitted fabric dyeing plant 
(10 tonnes per day), one woven fabric dyeing and finishing plant ( 1.2 
million metres per month) and three power plants having the capability to 
produce 40 MW of energy. Sapphire forms synergies with off-shore garments 
companies. The group markets its products in biggest brand names in Asia, 
Europe, Australia and North America. Sapphire started with one spinning mill 
in 1969 and employs over 10,000 people. Mian Abdullah's repute can be gauged 
from the fact during the October 2003 minis at APTMA, more than 1000 textile 
millers bad tendered their resignations against incumbent Chief Waqar Monnoo 
to him. Dozens of leading tycoons had proposed his name to head APTMA in 
case of an interim setup. Having an influence among textile millers is no 
easy job but Mian Abdullah stands privileged in this context He is often 
seen part of the entourages of key business leaders to foreign countries and 
provides input to fellow colleagues whenever requested.

rubPzai, Sep 26, 2010 #2
Popular Pakistani

31 - Shahzad Family Pakistan

Ranking: 20 (tied at 20) 
Worth: £170m 
($340m) Industry: Businessman 

Shahzad Group is a reputable name which 
takes pride in being identified as a beacon of business development involved 
in almost all avenues of Nation building activities i.e. Energy, 
Communications, Minerals, Construction, Geophysical survey, Security and 
many other ventures. Shahzad Group has , by itself, and in some cases in 
collaboration with foreign and local partners, who are the leading brand 
names in the world, identified, initiated, supervised and successfully 
completed major business ventures. Shahzad Group prides itself for its 
accomplishments during almost three decades of business activity. The Group 
has actively participated in enhancing Pakistan's international 
competitiveness and social development, and for promotion of foreign and 
domestic investment in business ventures. It takes pride in delivering 
quality products, solutions and services that obtain a competitive advantage 
over others. 

The Group is a wholly owned Pakistani 
establishment with offices in Calgary (Canada), Houston (USA), London, 
Kuwait, Beijing and Singapore, with a strong presence in various other 
metropolises all over the world. Shahzad International Group of 
Companies,Oil and Gas,Gold and Minerals Mining,Geological surveys,Defence 
supplies,Travel and Tour Operators,Flash security services and Trading 

32 - Nazir Family Pakistan

Ranking: 20 (tied at 20) 
Worth: £170m 
($340m) Industry: Businessman 

One of Faislalabads most prominent families 
is the Haji Nair family. Owning Masoos textiles, Mahmood Textiles, Asim 
Textiles and power generation plants. Son of Mr Nazir Shahid Nazir is also a 
prominent politician. 

33 - Abdul Bhati

Ranking: 21 (tied at 21) 
Worth: £150m 
($300m) Industry: Businessman 

Bhatti, 71, is a director of London-based 
wholesaler Bestway, which saw profits up 27% in 2005-06 at £73m on a 
turnover up 26% at £1.7 billion. Bhatti and his family have a stake worth 
£140m as well as other assets. 

34 - Adalat Chaudhary

Ranking: 21 (tied at 21) Worth: £150m 
($300m) Industry: Businessman 

Director of the London-based Bestway 
cash-and-carry business established by Sir Anwar Pervez. 

35 - Younis Sheikh

Ranking: 21 (tied at 21) 
Worth: £150m 
($300m) Industry: Businessman 

Bestway director Sheikh, 70, London 
cash-and-carry business Bestway continues to thrive. 

36 - Chaudrey Zameer

Ranking: 21 (tied at 21) 
Worth: £150m 
($300m) Industry: Businessman 

Finance director of the London-based Bestway 
cash-and-carry business started in 1976 by Anwar Pervez . In 2004 Pervez 
stepped down as managing director, Choudrey took over. In 2005-06 Bestway 
profits rose 27% at £73m on turnover up 26% at £1.7 billion. Choudrey and 
his family have a 10.1% stake. They also own 70% of the Buybest supermarket 
chain in UK 

37 - Zafar Iqbal Khwaja Pakistan

Ranking: 21 (tied at 21) 
Worth: £150m 
($300m) Industry: Businessman 

Zafar Iqbal Khawaja (born January 3rd, 1952) 
is a prominent Pakistani businessman who owns a number of companies around 
the world. He is better known in Pakistan as the 'Prince of Sargodha'. Also 
referred to as the 'Shaheen of Sargodha' (The Eagle of Sargodha). Zafar 
Iqbal Khawaja, is the son of a significant military commando Muhammed Sadiq 
Khawaja, who worked with Muhammed Ali Jinnah (The Founder of Pakistan) 
during the 1947 partition of India and Pakistan. Zafar Iqbal Khawaja is most 
widely known as the Managing Director of a multi-million dollar company 
called Inter Equipment. It's Head Quarters are located at the Jebal Ali Free 
Zone, Dubai which is a recognized commercial capital of the Middle-East. In 
Mr.Khawaja's business circle, he is known for his commitment to honest work 
and his ethical manner of business. Within 15 years, he has developed 
himself from a fresh college graduate, into a business tycoon. Currently, he 
is in the process of writing an auto-biography describing his success story. 
This auto-biography would be a must-read for any business-person pursuing 
major success. 

38 - Shahid Hussain Pakistan

Ranking: 22 (tied at 22) 
Worth: £130m 
($260m) Industry: Businessman 

With more than 325 retail outlets and 13 
wholesale depots, Service Sales Corporation (Pvt.) Limited is the leading 
retail and wholesale company in Pakistan with annual sales $300m. The 
Company has established some of Pakistan's leading footwear brands including 
DON CARLOS, CHEETAH, SKOOZ, TOZ and LIZA and has distribution agreements 
with CATERPILLAR and NIKE. As part of our growth strategy, we have expanded 
our businesses to include Service Communications, Shoe Planet (Pvt.) Limited 
and Soul Collections. 

39 - Younis Brothers Pakistan

Ranking: 22 (tied at 22) 
Worth: £130m 
($260m) Industry: Businessman 

Yunus Brothers is actively involved in 
international trading of various products including Cotton & Blended Yarn, 
Cotton & Blended Fabrics, Garments, Rice, Sugar, Fertilizer, Earth moving 
equipments, Chemicals, Spare Parts and Automotive Vehicles etc. Yunus 
Brothers is one of the largest export houses of the Pakistan exporting 
mainly to the European, US, Far Eastern, Middle Eastern and African markets. 
Yunus Brother's annual sales turnover exceeds USD 300/- million with 95% of 
the sales geared towards the export markets. 

40 - Ghani Family Pakistan

Ranking: 22 (tied at 22) 
Worth: £130m 
($260m) Industry: Businessman 

Abdul Ghani Dada Bhoy was the founder of 
Dada Bhoy group, starting in trade and branching off into the construction 
business. The group has a big share of cement market in Southern Pakistan. 
Like other Memon groups, Dad Bhoys are closely linked through intermarriages 
with other leading families like Jaffer and Bawany. Abdul Ghani Dada Bhoy 
had five sons and two daughters, namely Noor Mohammad Dada Bhoy, Mohammad 
Farooq Dada Bhoy, Mohammad Hussain Dada Bhoy, Abdullah Hussain Dada Bhoy and 
Ghulam Mohammad Dada Bhoy. Daughters are Mrs Mehrunisa Jaffer and Mrs 
Zaibunisa Tanveer . 

41 - Saddiq & Sons Pakistan

Ranking: 22 (tied at 22) 
Worth: £130m 
($260m) Industry: Businessman 

This group made the bulk of its fortune 
during the chief ministership and premiership of Nawaz Sharif when the group 
was sold Pasrur Sugar Mills for a token price of Rs one and its Chairman, 
Mohammad Saleem was appointed managing director of National Development 
Leasing Corporation (NDLC) replacing Rafiq Habib. Today the have invested 
huge amounts in prime properties around Pakistan. 

42 - Afzal Kushi

Ranking: 23 (tied at 23) 
Worth: £120m 
($240m) Industry: Businessman 

Afzal Khushi, 51, managing director of 
Jacobs & Turner, last year received a CBE for services to business in 
Scotland. He and his brother, Akmal, 50, have made the £90m Glasgow 
sportswear firm a global business. They also have £30 other assets. 

43 - Ghulam Hassan Khan Pakistan

Ranking: 23 (tied at 23) 
Worth: £120m 
($240m) Industry: Businessman 

The SK group of companies shares a set of 
five core values: integrity, adaptability, excellence, unity and 
responsibility. These values, which have been part of the SK Group's beliefs 
and convictions from its earliest days, continue to guide and drive the 
business decisions of SK companies. The SK Group and its enterprises have 
been steadfast and distinctive in their adherence to business ethics and 
their commitment to corporate social responsibility. This is a legacy that 
has earned the SK Group the trust of many thousand of stakeholders The SK 
Group comprises of six operating companies in following business segments: 
Information technology, Real estate, Developer and Builders, Media, Welfare, 
Import and exports and CNG stations. The SK Group was founded by Sardar 
Gulam Hassan Khan Niazi in the mid 1980's. Sardar Khan Niazi and those who 
followed him aligned business opportunities with the objective of nation 
building. This approach remains enshrined in the SK Group's ethos to this 
day. Rose Shopping Mall 
Companies owned by the family today: 
Paradise City, SK Trading, DUBAI Gasco 2000, chain of 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: £100m ($200m) Industry: 

Kasim hails from a 19th Century Memon 
business family known to have possessed the vision of international trade 
when most of their contemporaries were rather naïve on this count. This 
family had offices in Burma, South Africa and countries of the Far-East long 
before 1940. Dadas, have held decisive positions at the Karachi Stock 
Exchange and own shares of various Pakistani and foreign monopolies without 
creating any hype. Kassim Dada's family is known to have held major local 
equity in multinationals like Glaxo SmithKline, Brook Bond and Berger 
Paints, besides being the sponsoring directors of Messrs Hyderabad 
Electronics, Automotive Battery Limited and Interfund Bank etc. Kassim Dada 
is one of the few Pakistani Tycoons who used to fly on private planes from 
Karachi to hit cement plants in Hyderabad. It was this family which had 
hired Mahatama Gandhi as a solicitor in 1890 to contest a business case in 
South Africa. Dada, was once a symbol of wealth. Had his assets not been 
nationalised by Bhutto he would definitely had the status many richest men 
in the world enjoy today.

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