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Pakistan by Burham Ahmad

10 Wealthiest People from Pakistan

Pakistan is a developing country with a semi-industrial economy. Primary export commodities include textiles, leather goods, sports equipment, chemicals, and carpets.

The average Pakistani household’s net worth grows by 60 months’ worth of consumption between the ages of 25 and 65.

The country’s improving macroeconomic position has led Moody’s Investors Service to upgrade Pakistan’s debt outlook to stability.

Human capital and produced capital were responsible for the bulk of the increase, growing at a rate of 2.9% and 3.2%, respectively.

Pakistan understands that inclusive, sustainable economic growth means tending to the engines of growth: people and nature.

1. Shahid Khan

Shahid Khan 2015 by Keith Allison/

Shahid Khan also known as Shad Khan, is a Pakistani-American billionaire and business tycoon.

He is the owner of the Jacksonville Jaguars of the National Football League (NFL), the English Football League Championship team Fulham F.C.

He also owns an automobile parts manufacturer Flex-N-Gate in Urbana, Illinois, His route to success demonstrates that it doesn’t matter where you start.

Both his parents were educated. His mother was a math teacher and his father was a lawyer.

He graduated from the UIUC College of Engineering with a BSc in Industrial Engineering.

Khan married his college fellow, Ann Carlson Khan, he is the richest person of Pakistani origin.

2. Mian Muhammad Mansha

Mian Muhammad Mansha is a Pakistani business magnate and billionaire. He is the founder and CEO of the Lahore-based international conglomerate Nishat Group.

He is Pakistan’s first billionaire. Born during the tumultuous Partition winter of 1947, when his parents were among those Muslim families making the trek from India to Pakistan.

He is a committed philanthropist and provides support to causes in healthcare, women’s education, sustainable tourism, sports, poverty alleviation, and social uplift.

Mr. Mansha was awarded Pakistan’s prestigious civil award, the Sitara-e-Imtiaz in 2004 in recognition of his contributions to industrial development.

3.Haji Abdul Razzak Yaqoob

A wealthy Pakistani businessman and philanthropist, Haji Abdul Razzak Yaqoob was born in 1944.

He was the owner of ARY Group and had the honor to be known to provide financial assistance to the government of Pakistan in times of need.

He was associated with the ARY Gold bribery case in which he paid a bribe to then Finance Minister of Pakistan Asif Ali Zardari to get exclusive rights to import and trade gold in Pakistan.

Razzak was among the five founders of the WMO World Memon Organization, this organization’s history started in 2000.

After fighting a long illness, he passed away on 21st February 2014 in London. His funeral prayers were prayed in Jamia-Islamia Ghousia Trust.

4. Sadruddin Hashwani

Sarah Hashwani, Sadruddin Hashwani, and Cristal Montañéz Baylor by Unknown Arthur

Sadruddin Hashwani is a Pakistan-based business magnate, author, and billionaire. He is the creator and chairperson of Hashoo Group, an agglomerate of PC Hotels.

The Hashoo Group is the principal shareholder of Pakistan’s 4th largest insurance firm New Jubilee Insurance Corporation Ltd.

He authored his memoir ‘Truth Always Prevails’ in 2014. Today he has the reputation of a leading figure in the hotel industry around the globe.

The Hashoo Group founded its philanthropic institute in 1985, named Hashoo Foundation, he works as a Board member of Jubilee Gen Insurance Company Ltd.

5. Malik Riaz Hussain

Malik Riaz by Unknown Arthur/

Malik Riaz Hussain is a Pakistani business tycoon who is the founder of Bahria Town, the largest privately held real estate development company in Pakistan and Asia.

In 2019, the UK’s National Crime Agency announced a £190 million out-of-court civil settlement with Malik Riaz, an enormously wealthy and controversial property tycoon from Pakistan.

Riaz married Beena Riaz and has one son Ali Riaz and four daughters, Beena Riaz is the wife of renowned businessman and property tycoon, Malik Riaz.

She has been the business partner in Bahria Town and has been actively participating in business activities.

6. Mohammad Zahoor

Mohammad Zahoor by Sergey Gritsenko/Wikimedia Commons

Mohammad Zahoor is a Ukraine-based British-Pakistani businessman and philanthropist. He is the founder and owner of the ISTIL Group.

It’s a diversified trading company that included a steel mill in Donetsk, which he sold in 2009 for between US$700 million and US$1 billion.

Pakistan billionaire Mohammad Zahoor, the former publisher of Kyiv Post, has reportedly given Ukraine fighter jets to aid in their battle against Russia’s invasion.

Zahoor married Ukrainian singer Kamaliya. They have two daughters, Mirabella and Arabella. He has a daughter, Tanya, and a son, Arman, from his first marriage.

7. Dewan Muhammad Yousuf Farooqui

Dewan Muhammad Yousuf Farooqui is a Pakistani businessman and former Sindh finance minister who is the owner of Yousuf Dewan Companies.

He has also served as the Provincial Minister for the Local Bodies. Industries, Labour, Transport, Mines, and Minerals of Sindh from 1999 to 2004.

A dynamic individual with proven leadership qualities, Dewan Mohammad Yousuf Farooqui is the driving force behind the YDC’s major expansion and diversification initiatives.

9. Sultan Ali Lakhani

Sultan Ali Lakhani is a Pakistani businessman and former senator who is the co-founder of the Lakson Group and owner of McDonald’s Pakistan.

Sultan Ali Lakhani is one of the richest Memon in Pakistan, he graduated in Economics from Karachi University.

He was arrested in 2000 on the orders of the National Accountability Bureau Pakistan for alleged loan defaults and being a business partner of Hassan Nawaz.

Lakhani received the Hilal-i-Imtiaz conferred by then President of Pakistan Asif Ali Zardari; he was elected Member of the Senate of Pakistan.

10. Seth Abid Hussain

Seth Abid Hussain was a Pakistani millionaire and gold merchant philanthropist, Seth Abid was the center of every conversation in drawing rooms.

He will be remembered as a philanthropist, the founder of the Hamza Foundation for deaf and dumb children.

It is one of the first and largest donors to the Shaukat Khanum Memorial Hospital and a real estate developer that was once the largest property owner in Lahore.

From smuggling nuclear equipment in a container to offering to pay off Pakistan’s debts in exchange for the freedom to do his business.

To kidnapping, Benazir Bhutto Seth Abid’s life is enshrouded in the mists of rumor and speculation.