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Asif Ali Zardari

Richest People of Pakistan
BusinessManagementMarketingTop 10

Top 10 Richest People of Pakistan

by Shamsul March 29, 2021

 

Top 10 Richest People of Pakistan

 

There is no Pakistani in the list of the top 10 richest persons in the world, but there are many Pakistanis who are billionaires and doing really well. Their net worth is in billion dollars, that’s why we decided to look at those Pakistanis. They are the richest persons in Pakistan and also considered the most influential people in Pakistan. Scroll down to see the list:

Shahid Khan ($8.0 billion):

Pakistani-born American billionaire

He is a Pakistani-born American billionaire who produced this giant sum of money through automobile parts manufacturing production. He is the owner of Flex-N-Gate which is a reputable automobile parts manufacturing company. The total net worth of Shahid Khan is 8.0 billion dollars and he grabbed the first position in the top 10 richest people of Pakistan.

Mian Muhammad Mansha ($3.2 billion):

Mian Mansha is a famous Pakistani businessman and running several businesses including Adamjee Group, MCB Bank, and Nishat Group. He is the richest person in Pakistan with a net worth of 3.2 billion dollars. He is also the most influential person in Pakistan and running different businesses such as textile, banking, transportation, and so on.  Mian Mansha comes into the 2nd position in the top 10 richest people of Pakistan.

Asif Ali Zardari ($1.8 billion):

He is the ex-president of Pakistan. He is the current co-chairman of the Pakistan People’s Party (PPP) which is the largest political party in Pakistan. His net worth is 1.8 billion dollars and secured the second position in this list. He earned this money from different businesses and he is also running several businesses in America and UK. Asif Ali Zardari got the 3rd position in the top 10 richest people of Pakistan.

Anwar Pervez ($1.67 billion):

He is a famous businessman in Pakistan. He is the founder and chairman of ‘’Bestway Group’’, which has 50+ Cash and Carry in Pakistan. The current age of Anwar Pervez is 79. His net worth is 1.67 billion dollars in 2021. Anwar Pervaiz placed in the 4th position in the top 10 richest people of Pakistan.

Nawaz Sharif ($1.4 billion):

He is the president of the Pakistan Muslim League (N) which is the largest political party in Pakistan. Nawaz Sharif was the three-time Prime Minister of the country. He is not only a successful politician but also a successful businessman. He has several businesses in Pakistan and overseas. Nawaz Sharif’s net worth is 1.4 billion dollars. His position is 5th in the top 10 richest people of Pakistan.

Sadruddin Hashwani ($1.5 billion):

The chairman of Hashoo Group Sadruddin Hashwani is a renowned personality in Pakistan. He is best known for his businesses such as Oil and Gas, pharmaceuticals, IT, real estate, and tourism. He earned most of his money from Pearl Continental, Marriott, and other businesses. The net worth of Sadruddin Hashwani is 1.5 billion dollars. Hashoo Group Sadruddin Hashwani got the 6th position in the top 10 richest people of Pakistan.

Malik Riaz ($1.1 billion):

He is a well-known real estate tycoon in Pakistan. Malik Raiz is the owner of Asia’s biggest real estate business Bahria Town. He has a total worth of 1.1 billion dollars but according to some sources, has more than 2 billion dollars. He is the sixth richest person in Pakistan.  Real estate tycoon obtained the 7th position in the top 10 richest people of Pakistan.

Nasir Schon ($1 billion):

He is the chairman of Schon Group and a reputable businessman in Pakistan. From Schon Textiles to Schon Bank, and Pak-China Fertilizers, they are doing really well in every business. The net worth of Nasir Schon is 1 billion dollars. They are also investing in technology, real estate, transportation, and the fitness business. Schon Group got the 8th position in the top 10 richest people of Pakistan.

Chaudhry Group of Industries ($0.91 billion):

They are the 9th richest person in Pakistan. They are very powerful industrialists and business-family and own the Chaudhry Group of Industries. Their group has invested in several businesses such as Nestle Plants, Sugar mills, steel industries, and Machinery manufacturing plants. Chaudhry Group of Industries obtained the 9th position in the top 10 richest people of Pakistan.

Rafiq Habib ($0.90 billion):

He grabbed 10th place in this list and a powerful businessman. From automobiles to retail, construction, and various businesses, they are considered as the giants. Moreover, the main source of income is Habib Bank which is a leading banking system in Pakistan. His net worth is 0.90 billion dollars. Rafiq Habib got 10th position in the top 10 richest people of Pakistan.

 

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Pervez Musharraf
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A Shameful Day For the Judiciary of Pakistan

by Shamsul December 19, 2019

 

A Shameful Day For the Judiciary – Lamha Fikria

19th Dec. 2019

 

 

This was not what Quaid-e-Azam envisioned about Pakistan!

This was not how he as a lawyer fought for Pakistan!

This is not how civilized institutions of civilized countries behave!

Shameful day For Pakistan’s Judiciary

Quaid – E – Azam, ‘We Are Sorry!’

Great Leader

 

From the day when the respected lawyers’ mob of Pakistan became sons of satan and rampaged a hospital, setting vehicles on fire, smashing windowpanes and equipment, firing gunshots, hitting policemen with stones and bricks, ultimately killing 3 patients in the hospital’s ICU to today’s verdict of sentencing Musharraf to capital punishment in life and to be hanged on D-Chowk for three days if dead!

 

And what did Pervez Musharraf do to receive a verdict no one has before in the history of the country! He modified practices according to the need of the time and did what in his opinion was good for Pakistan! Pervez Musharraf is being convicted for a crime that was not even included as high treason in Pakistan’s law at the time it was committed. The case was filed in 2013, whereas the law of high treason was passed in 2014 however still it has been levied on an action that was conducted in times prior to its related law imposition on it.

Questions About Trail:

Questions on whether the trial was fair or not still remain at large, as rumors related to the Chief Justice of Peshawar High court, Justice Waqar Ahmed Seth being linked in the family with Nawaz Sharif and Shahbaz Sharif are still being investigated.

Whether Pervez Musharraf’s subject to such a senseless, lawless and unconventional decision was owed to vengeance on part of Sharif brothers, on part of former Chief Justice Iftikhar Chaudhry for firing him from his post or owing to some other power working behind the scenes, Pakistan’s law institution face the biggest criticism in its history and questions the sanity and capability of decision-makers given the power to decide on the fate of people facing trails, whether fair or not.  Let us view how Pakistan’s legal system has treated its high profile cases in the past and how does the Musharraf case fair against them.

Nawaz Sharif

 

Nawaz Sharif – Criminal Actions

  • A former Pakistani prime minister.
  • Elected thrice as constitutional ruler of Pakistan and twice as chief minister of Pakistan’s largest province.
  • Official assets soaring from 166 million in 2011 to 1.82 billion in 2013, depicting only a fraction of what he actually hid in his various accounts spread worldwide.
  • Trialed and convicted of corruption and money laundering is linked to at least eight offshore companies.
  • He ruled the country for more than 9 years and robbed it off all its opportunities and potentials while building up his personal empire.
  • He ruled the country for 9 years and couldn’t manage one international level hospital in the country where he can get himself treated and went offshore for medical assistance with the help of Court although he is convicted.

 

Judicial Sentence

Barred from holding any public office for life and sentenced to jail for 10 years as punishment for corruption and money laundering charges.

 

Zardari

 

Asif Ali Zardari – Criminal Actions

  • Former president of Pakistan convicted on several cases including kidnapping and extortion in 1990, the murder of the Murtaza Bhutto, his wife’s brother and political opponent, convicted for fraud, corruption and money laundering after the Swiss government handed over evidence of money laundering associated with Zardari.

 

  • According to official figures in 2005 Zardari’s assets were worth $1.8 billion, with more than $60 million transacted in his Swiss account in wake of offshore companies. These figures represent only a fragment of his total wealth spread worldwide.

 

Judicial Sentence

Zardari Convicted 14 years in jail in totality for different cases before gaining power as president of Pakistan, after becoming co-chairperson of Pakistan Peoples Party (PPP).

 

Ishaq Dar

Ishaq Dar Criminal Actions

  • Former Industries & Investment and Commerce minister of Pakistan and 4-time finance minister of Pakistan along with being a member of the senate from 2003 to 2018.
  • Current fugitive since December 2017
  • Self-confessed of money laundering for Nawaz Sharif worth of US $18.47 million
  • Personal Asset worth Rs 583 million, with a further investment of Rs 325 million in investment bonds. Additionally, he was also found to have further investments of £5.5 million in UAE and further investments in the USA, Pakistan, and UAE.
  • Currently present in the UK under political Asylum status

 

Judicial Sentence

Seizing of all accounts of Ishaq Dar, the government takes charge of all his properties in Pakistan and the auction of his assets in the country.

 

Pervez Musharraf Criminal Actions

  • Violating Pakistan’s constitution by unlawfully declaring emergency rule in the country during his tenure as president

 

Musharraf Ex Army Chief and President

Judicial Sentence

Trialed in absentia, Musharraf was granted capital punishment or the death penalty against the act of high treason. The special court constituted for Musharraf’s trial constituting of Peshawar High Court Chief Justice Waqar Ahmad Seth, Sindh High Court Chief Justice Nazar Akbar, and Lahore High Court Chief Justice Shahid Karim.  The decision was a 2-1 split decision, with Justice Akbar going against it.  The detailed verdict states

“As a necessary corollary to what has been observed, we find the accused guilty as per charge. The convict is, therefore, hanged by his neck till he dies on each count as per charge”.

And the verdict does not end here; the verdict follows to state addressing law enforcement agencies to try their best to bring Musharraf back in the country to be hanged. Further on in the words of the court verdict

“If found dead, his corpse be dragged to the D-Chowk, Islamabad, Pakistan and be hanged for 03 days”

Justice Karim opposed the dragging to D Chowk sentence and opposed it. The particular dragging corpse on D Chowk decision came from Justice Waqar Ahmad Seth alone.

 

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