Pakistan’s 10 richest persons combined wealth is no match for Mukesh Ambani, Gautam Adani, net worth of Pakistan richest man is Rs…
GH News December 25, 2024 04:06 PM
Amid Pakistans political upheaval and a near-economic collapse the country is struggling under mounting debt with daily losses nearing Rs 6000 crore. However even in these dire circumstances Pakistan is home to several wealthy individuals. According to Forbes real-time billionaire list Shahid Khan a Pakistani-American is the wealthiest person of Pakistani origin with a net worth of $13.7 billion.
Yet even when combining the fortunes of Pakistans top 10 richest people their total wealth is far less as compared to that of India’s richest person Mukesh Ambani and Gautam Adani. Let’s take a closer look at Pakistan’s richest individuals and how they compare to these Indian tycoons.
Pakistan’s Richest Persons
Shahid ‘Shad’ Khan
Shahid Khan a Pakistani-American businessman is the richest person of Pakistani origin. He owns Flex-N-Gate an auto parts company that supplies to major automobile brands like BMW Ford Nissan and Toyota. His company generates $8.3 billion in revenue. Additionally Khan owns the NFL’s Jacksonville Jaguars and the English football club Fulham FC. His estimated net worth is $13.7 billion.
Mian Muhammad Mansha
Mian Mansha Pakistan’s wealthiest resident is the chairman of MCB Bank and owns the Nishat Group. His family migrated to Pakistan from India during the Partition in 1947. Known for paying significant taxes Mansha is one of Pakistans most prominent business figures.
Anwar Pervez
A Pakistani-British billionaire Anwar Pervez is the founder and chairman of the Bestway Group the second-largest cement producer in Pakistan. Born in Rawalpindi in 1935 (now in Pakistan) he moved to Britain in 1956. His estimated net worth is around $3 billion.
Nasir Schon
Nasir Schon CEO of Schon Group is Pakistan’s fourth-richest individual with a net worth of $1 billion. He is known for owning Pakistans first Rolls Royce car and has been involved in real estate projects like Schon Business Park and Dubai Lagoon.
Rafiq M. Habib
Rafiq Habib a prominent member of the House of Habib is Pakistan’s fifth-richest person with a net worth of $950 million. The group operates in sectors such as banking insurance healthcare and education.
Other Wealthy Pakistanis
Tariq Saeed Saigol: $900 million
Yusuf Farooqui: $800 million
Sultan Ali Lakhani: $800 million
Seth Abid Hussain: $780 million
Majid Bashir: $750 million
Pakistani Richest Persons VS Mukesh Ambani & Gautam Adani
The combined net worth of Pakistan’s 10 richest individuals amounts to $28 billion. However this figure is dwarfed by the fortunes of Indian billionaires Mukesh Ambani and Gautam Adani.
Mukesh Ambani chairman of Reliance Industries has a net worth of $91.7 billion.
Gautam Adani founder of the Adani Group is another Indian industrialist with a comparable fortune of $59 Billion.
This means that either of these two Indian tycoons alone holds more wealth than all 10 of Pakistan’s richest individuals combined.
While Pakistan grapples with a collapsing economy the disparity in wealth highlights the stark contrast in economic conditions and opportunities between the two countries.