Top 10 Richest People of Pakistan in 2012

Pakistan is one of those active countries that stay in limelight for something smaller or bigger, all the time. Sometimes, it’s either known for its economical crisis or for the political instability. In short this third world country manages somehow to be a hot topic. Recently, I shared the latest top ten richest people of the world, and that created an urge within me to find about my own home country. It’s really interesting to compare the numeric figures of the richest man of the world, i.e. Carlos Slim Heli of Mexico with a wealth of $ 74 Billion with Pakistan’s wealthiest man, Mian Muhammad Mansha, who has the worth of $ 2.5 Billion!

Here are the Top Ten Mr. Richie Richs of Pakistan. You will find yourself thrilled by the end of the article, for sure!

The Pakistani countdown begins now:

10. Dewan Yousaf Farooqi

Dewan Yousuf Farooqui is one of the biggest business tycoons of Pakistan and is the owner of The “Dewan Mushtaq Group”. The major fields of business cover textiles, sugar, automobiles, polyester staple fiber and equity participation in a private bank. The counselor of this group has been the Minister of Sindh for Local Bodies, Industries, Labor, Transport, sanitation, Mines & Minerals. Dewan Salman Fiber 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 stand on Number 10 in the list with the wealth of $800 Million.

9. Tariq Saigol & Nasim Saigol

Saigol Group is located in Punjab, It actually comprises of three different business houses owned by these three brothers. Tariq Saeed Saigol is the Head of Kohinoor- maple Group. Meanwhile, Naseem Saigol is heading the PEL and Kohinoor industries among others.

Saigol Group has established itself on firm grounds in Pakistan. Some popular projects of this group are as mentioned:

*Kohinoor Textile Mills.
* Pak Elektron Ltd. (PEL).
* Kohinoor Power Company.
* Faisalabad Grammar School, Faisalabad (FGS).
* Kohinoor Energy
* Saigol Computers (Private) Limited
* Kohinoor Motor Works Limited
* Saigol Motors
* Sajeel Motors

They are ranked number 9 in the list with the capital of $850 Million.

8. Rafiq Habib and Rasheed Habib

Rafiq Habib and Rasheed Habib are one of the finest businessmen in Pakistan. They are at the 8th position having worth of $ 720 million. It is said that they own 100 companies throughout the world. Habib Groups have always played a good role in helping out Pakistan’s economy.

Habibs today are headed by Rafiq Habib and Rashid Habib in two distinct groups,

They own the Bank Al-Habib , Habib Bank A.G Zurich, 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.

7. Abdul Razzaq Yakoub

Many of you might not recognize this great man by his Name, but ARY can make things familiar! Mr. Yakoub is the president ARY group and World Memon Organization (WMO). He is one of Pakistan’s biggest media industrialist controlling around 7 channels. Not only this, he also has huge property holdings in Karachi, Islamabad and Dubai amounting to over $200 Million. Most importantly, he has got expertise in Gold Business as well and he has 20 Gold outlets in Asia.

He is 7^th Most Richest personality of Pakistan with $1 Billion turnover.

6. Nasir Schon

Nasir Schon is one of the renowned businessmen of Pakistan. He is the head of Scon Group and has the worth of more than $1 billion.

5. Saddaruddin Hashwani

Saddaruddin Hashwani is the chairman of Hashoo Group of Companies. He has a much diversified business all over in Pakistan. The core of his Business are mainly in tourism, real- estate development, IT, oil, gas, etc. Pearl Continental and Marriott are owned by him. He has the worth of $1.1 billion.

4. Nawaz Sharif and Shehbaz Sharif

These are those leading names in the politics of Pakistan, which do not need any introduction, Nawaz Sharif, who had been elected as the prime minister of Pakistan twice, and his brother Shehbaz Sharif, the current Chief Minister of Punjab, are at the 4th Position in the Top10 richest people of Pakistan. They possess a worth of $1.4 billion (declared). They are mainly Politicians as well as Businessmen.

3. Sir Anwar Pervaiz

He is the Chairman of Bestway Group. Today they have around 50 Cash and Carry’s. Bestway Group schemed into Pakistan‘s cement business in 1995 and set up cement manufacturing plant in Pakistan at a cost of $120 million.

the Bestway Group is keen to have interests in cash & carry wholesale, property investments, retail outlets, milling of rice, lentils and pulses, cement production and more recently into banking.The group provides direct employment to thousands in the UK and Pakistan.

He is the third most Richest man of Pakistan having $ 1.5 Billion.

2. Asif Ali Zardari

Is it shocking? Yes on number two! Although I always assumed that Mr. Zardari would be on number 1, however, According to the declared Assets, he ranks 2^nd on the list. He is the Current President of Pakistan and was the Husband of Pakistan’s Former Prime minister, Benazir Bhutto (late), who’s Father, Zulfiqar Bhutto was also known for his Politics. He came into action just after the death of his Wife, and soon made himself the 2^nd richest Person of Pakistan. He has a worth of $1.8 billion. His assets hold hundred of million dollars, he has 8 prime properties in UK, he also has multi-million dollars mansion in USA, huge stakes in sugar mills all over the Pakistan.

1.Mian Muhammad Mansha

The richest person of Pakistan is Mian Muhammad Mansha Yaha who he is a Businessman and has the worth of $2.5 billion.He has around 40 companies on board and owns Muslim Commercial Bank. Mansha’s Nishat Group is Pakistan’s largest exporter of cotton clothes (for brands like Gap) and nation’s largest private employer; also invests in power projects, cement and insurance.

If you compare my Last post on Top10 Richest people of the world with these, you will find that the real players are playing in Billions, where as Pakistan’s top Richest icons are just limited to 3 or 4 Millions. Another assuming fact is that, none of those richest icons out there are involved in politics but made their wealth on their own base. Whereas, in Pakistan, the only group that can be considered well-heeled, are somehow related to the government.

anyhow, hope you find this one really interesting, do share your views about it!

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