RICHEST Business Groups of Pakistan

"RICHEST Pakistanis" 

Short-Listing Pakistan's Most Influential Business Magnates Or Groups Has Never Been An Easy Task Because There Are The People Who Have Been Very Powerful In Nearly Every Regime That Has Held This Country's Reins Since The Last 70 Years And Then We Have Had Those Seasonal Species That Maneuvered Their Voice To Be Heard Better Than Most Within The Power Corridors, But Later Vanished Into The Oblivion For One Reason Or The Other. We Have Selected Only Those Tycoons Who Have Made Their Presence Felt For A Better Part Of Country's History, Have Earned Consistently, Have Been Setting Up Units At Regular Intervals Or Have Been Legends In Stocks, Currency Or Real Estate Business.

1 - Nishat Group/Mian Mansha

Ranking: 1 .. Worth: ($ 5.75 Billion) .. Industry: Businessman
NISHAT Group is a Business Conglomerate Headed by Country's Richest Man,
Mian Muhammad Mansha Yahya.
Mian Muhammad Mansha has attained The Numero UNO Position of Richest Pakistani for last 15 Years. Mansha Owns  around 60 Companies. Bought of MCB Bank Played a Pivotal Role in Building his Vast Financial Empire. Mansha, who owns the Muslim Commercial Bank has also setup a $ 17m Paper Mill, Nishat Shuaiba.
After 1979, Mian Mansha Set Up Pakistan's Largest Textile Complex of 7 Mills at Nishat-Abad in the City of Faisalabad. Mian Mansha Possess Unmatched Influence in Textile Industry of Pakistan.Nishat Group is Pakistan's Largest Textile Exporter with Exports of Above
$ 1 Billion.
Mian Mansha's Tussle with Big Business Groups Like Adamjee, Monnoo and Tawakkal is a Well Known Fact.

 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 Management  and Real Estate Companies. If Mansha was bitten by Bhutto's nationalization stint of 1970, Business Analysts Suggest he was hugely Benefited from Nawaz Sharif's Privatization Program.

There is no stopping Mansha and he is still on the move to Explore New Business Frontiers.

His Sons Raza, Umer and Hassan Aid him to Manage his Sprawling Businesses.

Now, The Group owns One of The Biggest Companies of Pakistan, which include:

* MCB Bank, * DG Khan Cement, * Adamjee Insurance, * Nishat Textiles, * Nishat Power, * Nishat Properties * Nishat Hotels, *Hyundai Nishat Motors * Nishat Emporium

He is Facing Cases in NAB for Allegedly Connivance with Former PM Nawaz Sharif in 1991 to Acquire MCB Bank. This Case is Pending for Last 26 Years due to His Formidable Influence in Political Class.

Nishat Group Assets are about $ 28 Billion. He Claims to be The Richest Man of Pakistan.

2 - Sir Anwar Pervaiz .. BESTWAY GROUP

                Sir Anwar Parvez
Ranking: 2 .. Worth: ($4.50 Billion) .. Industry: Businessman
Bestway Group started in 1976 with its first Bestway cash and carry warehouse opened in London. Now the Group has Become Uk's 2nd Largest Wholesaler with 63 Ware Houses.
Group's Annual Turn Over is in Excess of $ 4.8 Billion.
Today they have in total around 63 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.
Bestway Cement has 2nd Largest Cement Production Capacity in Pakistan.

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 Pharmacy.
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!

3 - Saddaruddin Hashwani, Pakistan  

        Sadruddin Hashwani
Ranking: 3 .. Worth: ($3.80billion) .. Industry: Businessman
Saddaruddin Hashwani is Chairman of  Hashoo Group.

Hashoo Group Was Established As Hassan Ali & Company, A Commodities Trading Company Based In Karachi Port, By 1970s It Has Become One Of Pakistan's Largest Trading Companies. However In 1972 Pakistan Nationalised Cotton And Rice Exports Leading The Group To Diversify Into Hospitality. In 1978, The Group Established Holiday Inn Hotel In Islamabad, And Another One In Karachi In 1981.Both Of The Hotel's Where Converted Into Marriott Brand In 1990s. In 1985, The Group Made A Successful Bid For The Majority Shares Of Pakistan Services Limited, Which Then Owned Four Inter-Continental Hotels Across Pakistan, The Hotel's Where Re-Branded Into Pearl-Continental Hotels.

Now Hashoo Group Operates 21 Hotels in Pakistan.

In 1995, Hashoo Group Acquired The US-Based Corporation Occidental Petroleum's Pakistan Operation's (Now Known As Orient Petroleum Inc.). In 2001, It Acquired The Destinations Of The World Franchise In Pakistan. In 2012, The Group Launched Hotel One, A Mid Range Hotel Chain In Pakisntan
 Is Known For His Dominance In Pakistan's Hotel Industry, Though Hashwani's 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, Residential Properties, Construction, Engineering And Information Technology. The List Of Local And International Bigwigs Known Personally to Hashwani Is Unending.

4 - Malik Riaz Hussain/Bahria Town 

                         Malik Riaz Hussain
Ranking: 4 .. Worth: ($ 3.45 Billion) .. Industry:Real Estate Developer
Malik Riaz Hussain heads Asia's Largest Private Real Estate Developer Group, Bahria Town.The Group is currently involved in developing state-of-the-art schemes in Lahore, Karachi and Rawalpindi/Islamabad.
Bahria Town is in Litigation for Using The Name "BAHRIA" which is Sole Ownership of Pakistan NAVY.
 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.

5 - Asif Ali Zardari


Ranking: 5 .. Worth: ($2.40 Billion) .. Industry: Politics/Business

 Asif Ali Zardari, A Politician cum Businessman Possess an Unmatched Influence in Sugar Industry of Pakistan.

Asif Ali Zardari is The Only Son Of His Landlord Father Hakim Ali Zardari, He is Co-Chairperson Of Pakistan’s Second Largest Political Party In The National Assembly. His Assets and Sources Of Income Consist Of His Shares In Sugar Mills, Flour Mills, Hundreds Of Acres Of Agricultural Land, His Hundreds Of Off-Shore Companies In Panama, British Virgin Islands, United States Of America, And Unspecified Running Buisnesses In Dubai And Pakistan. Zardari Owns Real Estate In Almost Every European Country From Poland To France And Uk. He Has Around 40 Properties And Farm Houses In Usa, Above 50 In Uk Including Renowned Surrey Mansion And The List Goes On. Zardari Have Bank Accounts In Every Well-Known Bank, His Off-Shore Earnings Flow Directly To Those Banks. There Are Atleat 140 Bank Accounts Correlated To Zardari And His Partners.

In 2007, he received $60 million in his Swiss bank account through offshore companies under his name. He was reported to have estates in Surrey, West of London Normandy, Manhattan (a condominium in Belaire Apartments), and Dubai, as well as a 16th-century Chateau in Normandy. In Britain, he used a common legal device—the purchase of property through nominees with no family link to the Bhuttos. His homes in Karachi, Lahore, and Islamabad are called Bilawal House Bilawal House II, and Zardari House respectively.

Asif Zardari's Close Associate, Nasir Schon Operates One of the Biggest Real Estate Group in UAE.

Zardari also has 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.

Amount of Assets which he Inheritated after the Death of Mohtarma Benazir Bhutto is Not Known.
6 - Nawaz Sharif & Shahbaz Sharif


Ranking: 6 .. Worth: ($2.10 Billion) .. Industry: Politics/Businessman
Nawaz Sharif  is Businessman turned politician and the Prime Minister of Pakistan.

 Nawaz Sharif Owns Several Businesses; Ittefaq Group/Sharif Group Of Companies Is The Largest Source Of Income For Sharif Family.

He Owns Sugar Mills, Textile Mills, Stock Shares, Ramzan Sugar Mills, Sharif Agri Farm, Sharif Poultry Farms, Sharif Dairy Farm, Sharif Feed Mills, Ramzan Sugarcane Development Farm, Ramzan Transport,  And Hamza Board Limited.

 He was ousted in a military coup in 1999 and was forced to forfeit $ 9 million 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. However he got richer when he took commissions from foreign companies for construction in Pakistan. He build the first motorway and many new roads and took heavy kickbacks. He then also stole $100m from the Iqra funds, he started a new scheme "Ghar Apna" in which he again looted around $40m, the "Mulk swaaro" scheme involving public & govt. money collections to help pay pf Pakistan's debts also was pocketed. Today he lives in exile in Saudi Arabia where it is known he has a new huge business empire in various sectors.

7 - Nasir Schon, U.A.E/Pakistan  

Ranking: 7 .. Worth: ($ 1.80 Billion) .. Industry: Businessman
Nasir Schon  is a Prominent Business leader of Pakistan and the CEO of Schon Group.In Year 1996, Group was among the Fastest Growing Business Groups of Pakistan. Group was Severly Victimized due to the Friendship of Nasir Schon, Group Chairman with Mohtarma Benazir Bhutto and Asif Zardari. Then Nazwz Government Severely Grilled the Schon Group and Used NAB to Investigate the Business Units Privatized to SCHON Group. After the Settlement of Cases with NAB, Group moved to UAE to make its Foray in Real Estate Sector.
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. Currently, Schon Group is managed by his sons, Asher Schon and Khizer Schon who look after day-to-day affairs in their Dubai HQ. They have also launched Schon Ventures, which is the group investment vehicle which has invested in Fitness, Transportation, Real Estate, and Technology start ups.

8. Dawood Group

   Hussain Dawood
Ranking: 8 .. Worth: ($ 1.65 Billion) .. Industry: Businessman
 Dawood Hercules founded in 1948, is one of the largest conglomerates in Pakistan, doing business in everything from fertilizer to finance. Its group sales totaled 340 billion Pakistani rupees ($3.24 billion) in the fiscal 2015, up 25 times over the previous 13 years.

Of these sales, 184 billion rupees came from Engro, a core DH company with subsidiaries handling fertilizer, chemicals and food. Engro is involved in large coal mining and thermal power plant projects in Thar, near Pakistan's southeastern border with India, and it built Pakistan's first liquefied natural gas terminal, located in Port Qasim, in the suburbs of Karachi.

The development of coal mining in Thar is a major undertaking involving the entire DH group. The project has also been incorporated into the CPEC initiative. Group has already built a 320-megawatt thermal power plant in Thar block 2 and plans to expand its capacity up to 5,000MW in the future.

In July 2016, group company Engro Foods formed a capital tie-up with Friesland Campina, a leading Dutch dairy company.
 Mr. Hussain Dawood is considered Pakistan's Corporate Czar due to his canny investments and prudent corporate acquisitions.

DAWOOD Group was ranked Pakistan’s biggest group in 1970, 3rd in 1990 and 15th in 1997. Like all, Nationalization and the East Pakistan tragedy trampled all over the Dawoods too. In Year 1971. Ahmed Dawood was the Richest Man of Pakistan.

Hussain Dawood son of Late Ahmed Dawood is Chairman of Pakistan's Largest Industrial Conglomerate "ENGRO Corporation".

 Today, the original Dawood Group stands split in Three Factions. This group was founded by Ahmed Dawood, but later the dynasty found itself divided among the three Dawood brothers-Ahmad, Sadiq and Suleman. 

Former Federal Minister for Commerce and Trade Razzak Dawood, the son of the late Suleman Dawood runs the Descon Engineering  and a few other units dealing in manufacturing refrigerators and other consumer products. 

Hussain Dawood, son of Ahmed Dawood, has already rendered meritorious philanthropic services in the field of education by supporting brilliant and needy students.

 The Sadiq Dawood Group owns a few leasing, modaraba and insurance concerns too, apart from the Dawood Yamaha.

8 - Abdul Razzaq Yakoub/ARY Group


Late Abdul Raqqaq Yaqub -- (1944 - 2014)

Ranking: 8 .. Worth: ($1.40 Billion) .. Industry: Businessman
Abdul Razzak Yakoub was a prominent Pakistani expatriate businessman based in Dubai. He was the president ARY group ($1.5Billion turnover) and World Memon Organization (WMO). He was one of Pakistan's biggest media barons controlling around 7 channels.
In August 2015, ARY Digital Networks made failed attempt to took over BOL TV.
Salman Iqbal, Son of Late Abdul Razzaq Yaqub fought a bitter Battle Against JANG/GEO Group Owner Mir Shakeel ur Rehman but Lost the Battle in UK Court which Imposed Million of Pounds Penalty on ARY Digital Network in Pursuit of Defamation Charges.
ARY Group is also engaged in bitter legal tangle against Mian Mansha for Defaulting Loans worth Rs 5 Billion of MCB Bank.
 Besides this he had a huge property holdings in Karachi, Islamabad and Dubai amounting to over $200m. Now Group has major in the gold market also having around 20 outlets in Asia. He had also been involved in paying Asif Zardari $5m in 1990's for allowing him to import/export gold. Which he denied and claimed were government forgeries.
9 - House of Habib

             Rafiq M Habib
Ranking: 9 .. Worth: ($ 1.24) .. Industry: Businessman
House of Habib  is a prominent Khoja Business family in Pakistan.The Habib Group's most famous and successful subsidiary is its Banking and Finance division.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.

Founded in 1841 during the period of British colonial rule, the company moved its head office from Mumbai to Karachi at the request of M.A. Jinnah, the founder of Pakistan, following the country's independence from India. There, HoH played a key role in supporting the Pakistani economy when it was in its infancy.
Habib Group has The Distinction to Found HABIB Bank in 1942.

Currently, the group has about 22,000 employees. It operates 18 companies doing business in finance, automobiles and parts, building materials, retail and energy. The group is also involved in running high schools, colleges and Habib University.

In the automobile segment, HoH group operates Indus Motor, a joint venture with Toyota Motor, and Agriauto Industries, a leading autoparts maker. Habib Metropolitan Bank, one of Pakistan's major banks, has about 300 branches in the country and handles 10% of Pakistan's trade finance.

Ali S. Habib, chairman of Indus Motor and HoH group's No. 2, said: "The penetration rate for auto loans is still only 22-25%, and there is a huge opportunity. We'd like to expand our bank branches to 500-600 in the next five years."

The group considers energy its most important sector. "We are studying opportunities in hydro power and renewable energy," Habib said. The group is also accelerating its development of coal mining and electricity in Thar, southeastern Pakistan.

He also pointed to the increase in consumer spending in Pakistan. "We want to look at the food sector. Confectionery and halal foods are two big opportunities," he said.
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 the "Dawood Habib" family 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.

10 - Younis Brothers Group (YBG) 


    Yunas Tabba
Ranking: 10 .. Worth: ($ 1.15 Billion) Industry: Businessman
Yunus Brothers Group has under its umbrella Pakistan's 2nd largest cement company, Lucky Cement, and major chemical company ICI Pakistan.

Founded in 1962, the group has been diversifying its operations since the 1980s and now operates 12 companies spanning the food, real estate and power sectors.

To meet growing cement demand for projects related to the China-Pakistan Economic Corridor, Lucky Cement plans to expand production capacity in Pakistan from the current 7.5 million tons per year to 11.5 million tons by early 2019. It will also start local production of passenger cars through a joint venture with South Korea's KIA Motors as early as the end of 2018.

The mainstay products of ICI Pakistan, bought by Yunus Brothers Group in 2012, are polyester fiber and soda ash, two materials expected to see huge demand growth in the future. The group has invested more than $250 million into the company since its acquisition.

Last year, ICI Pakistan agreed to set up a joint venture with Morinaga Milk Industry, counting on massive demand for infant formula in a country where more than 5 million babies are born every year.

"Increasing income will pick up demand for pharmaceuticals and health products," said Muhammad Ali Tabba, CEO of Lucky Cement and a member of the group's founding family. Tabba revealed that Yunus Brothers Group is in the process of acquiring a mainstay brand and related factory from Wyeth Pakistan, a group company of U.S. pharmaceutical giant Pfizer.

 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.Besides Pakistan.
YBG also operates a Cement Plant in IRAQ.

11 - Iqbal Lakhani/Lakson Group

                              Iqbal Lakhani
Ranking: 11 .. Worth: ($995) .. Industry: Businessman
Iqbal Lakhani is the Chairman of this Massive Business Group.Along with his Three Brothers, He Manages The Group Companies. Like Hashwani, They are also Ismaili Khoja Muslims.
The Lakhanis went through 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.
The Group has Divested its Shares in its Flagship Company, Lakson Tobacco in favour of Phillip Morris Internationl.
In Media Business, Sultan Lakhani is Nemesis of Jang/Geo Group Owner, Mir Shakeel ur Rehman. NAB has alleged the Lakhanis of having created phoney companies through worthless directors and raised massive loans from various banks and financial institutions.
 Their Stakes range from Media, 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. The success that greeted them during the last 40 years especially has been tremendous. They have rifts with large business empires despite being known for their genteel nature. Whether it is any government in Sindh or at the Federal level, Lakhanis have had trusted friends everywhere, though the previous era has proved a painful exception.

12 - Tariq Saigol & Nasim Saigol 

          Tariq Saigol
Ranking: 12 .. Worth: ($980 Mln) .. Industry: Businessman
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.
13 - Razzaq Dawood/Descon Group


                 Abdul Razzaq Dawood
Ranking: 13 .. Worth: ($960 Mln) .. Industry: Businessman
Razzaq Dawood, a scion of illustrious Dawood Family, Heads Pakistan's Biggest Construction and Engineering Conglomerate know as Descon 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.

14. The Crescent Group 

   Saleem Altaf

Ranking: 14 .. Worth: ($ 955 Mln) .. Industry: Businessman

The Crescent Group has ascertained an outstanding reputation in Pakistan’s business community, with over 60 years of experiences in diversified businesses such as textiles, sugar, banking, insurance, food, agriculture, and steel.

SHAKARGANJ Limited is the Flagship Company of this Group.

The history of this group dates back to 1910 when Shams Din of Chiniot and his four sons came into business with a tannery at Amritsar. This family was allotted 125 acres in Faisalabad in lieu of their left-over property in India. These brothers’ Muhammad Antis, Muhammad Bashir, Fazal Karim and Muhammad Shafi-then ruse up to become country’s largest textile exporters. They had initially set up the Mohammad Amin-Muhammad Bashir Limited for export of cotton and import of various products. Having more than two dozen concerns in its fold, Crescent is majestic force to reckon with. This empire serves as the best example of cohesion among cousins, uncles and nephews. 
Altaf Saleem of this group has enjoyed the slot of Chairman Privatisation Commission during the Musharraf regime, but has not been accused of any bungling during despite having served on a Prized slot.
 The Group today owns numerous Textile, Steel, Sugar, Modarba, Food, Leasing, Knitwear, Software, Power, Chemical, Banking and Investment Units. 
They are one of the richest people in the country for the last 70 odd years. 
This Chinioti Sheikh Family has lived up with quite a wonderful reputation, bearing an excellent record with its creditors throughout its business history. Men running Crescent do not have to make contacts, for the privilege comes to them naturally.

15. Fatima Group  

     Fawad Ahmad Mukhtar
Ranking: 15 .. Worth: ($ 935 Mln) .. Industry: Businessman
Fatima Group was established in 1936 with trading of commodities and gradually entered into the manufacturing of various products. The Group has a success story spread over seven decades, expanding its horizon from trading to manufacturing. Today, the Group is engaged in trading of commodities, manufacturing of fertilizers, textiles, sugar, mining and energy.

Remaining true to its founding principle of striving for excellence, the Group combined the vision of an entrepreneur, the knowledge of experts, the commitment and business expertise of three generations to develop its core strengths, vision and mission. With the commitment and effort of its employees, professional management and vision of its sponsors, the Group has achieved the standing of being the most progressive and fast growing conglomerate in Pakistan.
The Group has made exceptional progress in the last two decades and diversified into manufacturing of sugar and fertilizers. The Group has a distinction of being the largest exporter of molasses and importer of Di-Ammonium Phosphate (DAP).
In its endeavor to reduce dependency on imports, the Group is engaged in the quarry of rock phosphate which is used as production input in phosphate fertilizers.

The Group's future plans and growth matrix are strategically designed for further portfolio diversification in the energy sector, focusing on green energy.
The commitment to corporate social responsibility at Fatima Group is evident in a wide variety of areas including the quality and safety of products, environmental, health and safety initiatives, ethical manufacturing programs, philanthropy initiatives, community relations, human resources, corporate governance and the code of conduct. Fatima Group assures that all its businesses are managed in compliance with business ethics as defined through its policies.
Realizing its responsibilities as a good corporate citizen, the Group contributes substantially to the economic development of Pakistan through taxation, exports and by creating employment opportunities for over 10,000 people.

The diversified operations are carried out from the following Group companies:

*Fatima Fertilizer Company Limited
* Pak Arab Fertilizers Limited
* Reliance Weaving Mills Limited
* Fazal Cloth Mills Limited
* Fatima Sugar Mills Limited
* Reliance Commodities (Private) Limited
* Fatima Energy Limited
* Pakistan Mining Company Limited
* Air One (Private) Limited

16. Arif Habib Group 

         Arif Habib

Ranking: 16 .. Worth: ($ 920 Mln) .. Industry: Businessman

The AHG is owned by Former Chairman Karachi Stock Exchange (KSE) Arif Habib. It is One of the Largest Brokerage Operations on the Bourse.

AHG has Recently Acquired 28% Stake in SILK Bank. GOURMET Group also have 12% Stake in this Bank.

Arif Habib Group (AHG) ranks amongst the fastest growing multi-sector groups in Pakistan. This has been made possible by a proven record of a strong ability in identifying and developing successful business ventures and generating phenomenal returns despite subdued economic development.

The Group Holds Interests in The Securities Brokerage, Investment and Financial Advisory, Private Equity, Investment Management, Fertilizer Manufacturing, Cement, Steel, Real Estate, Dairy, Energy, Cement and Textile Mills.
17 - Sheikh Abid Hussain/Abid Group  

     Seth Abid Hussain
Ranking: 17 .. Worth: ($ 900 Mln) .. Industry: Businessman
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.

18 - Atlas Group/Sherazi Family 

   
                  Late Yousaf Shirazi 
Ranking: 18 .. Worth: ($ 885 Mln) .. Industry: Businessman

The Atlas Group, a joint-venture partner of Honda Motor, Japan was established by Yusuf H. Shirazi, in 1962 with an initial capital of 500,000 Pakistani rupees.  Atlas began producing Honda two-wheelers in 1963 and passenger cars in 1993. Over its history, Atlas has formed joint ventures with many other Japanese companies, including auto parts supplier Denso and battery maker GS Yuasa.

The group's automobile business is in particularly good shape. Atlas now forecasts record car sales of 50,000 units in 2017. It also expects Honda motorcycle sales to top 1 million for the first time.

Atlas Insurance is the oldest insurance company in Pakistan, while Atlas Power is a joint venture with Germany's MAN Diesel & Turbo. 
Total turnover of the group's 16 companies is close to $ 3 billion in the current fiscal year.
 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. Atlas Group has substantial stakes in insurance, financial services, information technology, leasing, warehouses, office equipment, motor cars and motorcycle-assembling units, besides running a renowned firm that manufactures batteries.

19 - Packages Group/Syed Family 


    Syed Babar Ali
Ranking: 19 .. Worth: ($ 870 Mln) .. Industry: Businessman
Listed on 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 their 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.

20. The Monnoo Group 

 

     Late Shahzada Alam

Ranking: 20 .. Worth: ($ 865 Mln) .. Industry: Businessman

The Monnoo Dynasty was founded by two brothers-Dust Muhammad and Nazir Hussain in 1905 at Calcutta. The first unit owned by the Monnoos was the Olympia Rubber Works. And then time saw the Monnoos setting up sonic 20 textile mills in succession.

In 1965, he introduced the first Toyota Motors assembly plant in Karachi, then known as Monnoo Toyota Motors. However the industry was nationalized by Zulfiqar Ali Bhutto in 1971, along with many others. Monnoo has since become highly influential in the textile sector in Pakistan.

Now, Monnoo Group owns 12 Textile units, Agricultural Farms and Extensive Research Units catering to various agricultural products.

Group Successfully made its foray in Real Estate Sector through Accomplishment of “Dream Gardens Housing Scheme”.

Late Shahzada Alam Monno Palyed a Pivotal Role in Development and Success of this Group.

He is Coonsidered One of The Finest Business Man in The Business History of Pakistan.

Monnoos have been a Symbol of Wealth during the last 70 years or so. 

21. Saphire Group/Mian Abdullah 


  Mian Abdullah
Ranking: 21 .. Worth: ($ 850) .. Industry: Businessman
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.


22 - Saif Group & Family .. Pakistan 


    Javed Saifullah
Ranking: 22 .. Worth: ($ 836 Mln) .. Industry: Businessman

Saif Group is a Pakistani conglomerate company largely focused on textile industry. Head Quartered in Islamabad, it is involved in Power, Health Care, Textiles, Real Estate and Telecommunications.It was this business group that had brought the first GSM phone service to Pakistan in 1994 in a venture with Messrs Motorola. The company was Named Mobilink.

However, the Saif Group had sold its stakes in 2007.

The group manages and owns 11 companies.
As per PANAMA Papers, Group Owns 17 Off Shore Companies.

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.
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 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.

23. JS Group/Jahangir Siddiqui 

     Jahangir Siddqui
Ranking: 23 .. Worth: ($ 820 Mln) .. Industry: Businessman
JS Group is a financial services group in Pakistan, founded in 1971 by Jahangir Siddiqui. The company controls and operates financial services companies in Pakistan. Financial services of JS Group include asset management, commercial banking, company research, insurance, investment banking, Islamic banking, micro finance, and stock brokerage. JS Group also has investments throughout Pakistan's economy, in the industrial sector, technology and media sectors, commercial real estate, energy and natural resources. JS Group has its headquarters in Karachi.

Mir Shakeel ur Rehman’s Daughter is married with Jahangir Siddiqui’s Son. Both Groups have Close Business ties as well.

JS Group has six businesses: JS Industrial, JS Infocom, JS Property, JS Resources, JS Transportation and JS Financial.

Today, the JS Group of companies includes businesses that are a part of:
JS Financial, JS Industrial, JS Infocom, JS Property, JS Resources and JS Transportation. JS Financial is the oldest of the group's businesses, and includes:
Jahangir Siddiqui & Co. Ltd, JS Global Capital Limited, JS Bank Limited, JS Investments Limited and EFU Insurance Group and Bank Islami.

24- Mukhtar Ahmed/Ibrahim Group 


    Sheikh Mukhtar Ahmed
Ranking: 24 .. Worth: ($ 810) .. 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". 
IBRAHIM FIBRES LTD is a manufacturer in Pakistan having diversified business activities including Polyester Staple Fiber production, Polyester Yarn production, Financial Services, Banking and Energy.
Ibrahim Fibres Polyester Plant: Polyester plant manufacturing operations are staggered in three production lines located within the same premises, at 38th K.M. Faisalabad – Sheikhupura Road, Faisalabad with a capacity to produce 390,600 tons per annum of Polyester Staple Fibre (PSF)
Ibrahim Fibres Textile Plant: Spun Yarn Division of Ibrahim Fibres Limited consists of three projects having total installed capacity of 137,856 spindles.
Ibrahim Fibres Power Generation: Power Generation Plants of Ibrahim Fibres Limited consist of two production plants; Power Generation Plant – I and Power Generation Plant – II. Total power generation capacity of these plants is 73.3 MW.
Financial Services
The consortium of Ibrahim Leasing Limited and Ibrahim Group assumed the control of the Allied bank in August 2004 by injecting Rs 14.2 billion into the capital of Allied bank for acquiring 325 million additional shares.

25. Adamjee Group 

      Sir Adamjee Haji Dawood
Ranking: 25 .. Worth: ($ 800 Mln) .. Industry: Businessman

The Adamjee Group was Founded by Haji Dawood in 1896 by establishing a commodity trading company. His son Sir Adeamjee, Haji Dawood went out building a match factory, second largest of its kind then, in 1923 at Rangoon (Burma).

 By 1947 Adamjee Group wan the Biggest exporter of jute from Calcutta. During Bhutto’s nationalization, they lost the Muslim Commercial Bank and  stakes in the Mohammadi Steam Ship Company, leaving then with only Adamjee sugar Mills and Adamjee Cotton Mills, Karachi.

Adamjee Group Hit Badly when Hostile Take Over of their Flag Ship Company, Adamjee Insurance Took Place by Country’s Richest Man, Mian Muhammad Mansha.

The Best Companies of Adamjees, which they Founded and Nourished- 1. MCB and 2.  Adamjee Insurance- have both passed into the hands of the Mian Mansha Group.

 Today, they own the KSB Pumps, besides having poured money in Paper Flooring, Diesel Engineering, Construction Centre, Garments, General Trading and Chemicals Etc. One of the biggest names in 1970’s. 

Adamjees may be down but they are not out-at least not yet. The group still owns some 20 companies including Adamjee Diesel Engineering. Half a dozen of group companies are listed at the stock exchanges.

26. Gul Ahmed/Al Karam Group 

   Bashir Ali

Ranking: 26 .. Worth: ($ 780) .. Industry: Businessman

The Gul Ahmed Group is a Pakistani company that includes Gul Ahmed Textile Mills, Gul Ahmed Energy and Habib Metropolitan Bank. More recently, a chain of retail outlets has been operating under the name "Ideas by Gul Ahmed". The group's other concerns go by the name of Swisstex Chemicals (Private) Limited, which is a large chemical distribution company that has the sole rights for supplying Ciba Specialty Chemicals in Pakistan. The group has invested in outsourcing information technology with Arwen Technologies.

The Gul Ahmed Group began trading in textiles in the early 20th century. In 1953, the group decided to enter the field of manufacturing under the name Gul Ahmed Textile Mills Limited, and was incorporated as a privately limited company. In 1970, it was listed on the Karachi Stock Exchange. Since then, the company has made rapid progress and, in 2017, has a market capitalisation of Rupees 12.7 billion and one of the leading composite textile houses in Pakistan.

27 - Sitara Group

  Haji Abdul Ghafoor
Ranking: 27 .. Worth: ($ 750 Mln) .. Industry: Businessman
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 I) and Sitara Chemicals (Textile Division II), 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.

28. FECTO Group  

      Ghulam Muhammad Fecto
Ranking: 28 .. Worth: ($ 735 Mln) .. Industry: Businessman
FECTO Group was Founded under the Leadership of Late Ghulam Muhammad FECTO in 1952.
As an Astute Businessman, Mr Ghulam Muhammad Diversified his Group in Major Industrial Sectors.FECTO Group’s Pace of Development was so fast that it soon flowered into two Sugar Mills, a Tractor Plant, Cement Plant, two Paper Sack Units, Particle and MDF Board Plant.

Major Projects of FECTO Group:

• Fecto Sugar Mills Limited
• Baba Farid Sugar Mills Limited
• Fecto Belarus Tractors Limited
• Fecto Cement Limited
• Frontier Paper Products (Private) Limited
• Gadoon Paper Products (Private) Limited
• Fecto Boards (Private) Limited
• Ghulam Muhammad Fecto Foundation

FECTO Group currently Employs about 5000 People.

29 - Aqeel Karim Dhedi/AKD Group 


Ranking: 29 .. Worth: ($ 730 Mln) .. 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.
Creek Developers Pvt Ltd is Part of AKD Group which has Built Mega Real Estate Projects in Karachi.
 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!


30. JDW Group  

   
       Jahangir Tareen

Ranking: 30 .. Worth: ($ 715 Mln) .. Industry: Businessman 

JDW Group operates Pakistan’s Largest Sugar Mill Units and contributes approximately 15-17% of country’s Sugar Production.JDW Group run by Politician cum Businessman Cousins Jahangir Khan Tareen and Makhdoom Ahmed Mahmood.

Jahangir Tareen has many Business Ventures with his Cousin Humayun Akhtar Khan.

Jahangir Khan Tareen is considered Pakistan’s Wealthiest Politician. He Owns a Private Plane and Chopper.

JDW Group’s Annual Turn Over is in Excess of RS 40 Billion.

Companies Include:

• JDW Sugar Mills
• Dharki Sugar Mills Pvt Ltd
• Faruki Pulp Mills Ltd

31 - Ghulam Faruque Group .. Pakistan 

    Late Ghulam Farooq Khan
Ranking: 31 .. Worth: ($ 710 Mln) ..  Industry: Businessman
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 Owns:

• Faruque (Pvt) Ltd.
• Cherat Cement Company Limited.
• Cherat Packaging Ltd.
• Mirpurkhas Sugar Mills Ltd.
• Greaves Pakistan (Pvt) Ltd.
• Greaves of Airconditioning (Pvt) Ltd.
• Greaves CNG (Pvt) Ltd.
• Madian Power Limited - Joint Venture Company
• Unicol Limited - Joint Venture Company
• Zensoft (Pvt) Ltd.

32. Servis Group
 
       Ch. Ahmed Javed
Ranking:32 .. Worth: ($ 680 Mln) ..  Industry: Businessman
Servis Industries Limited / Servis Group is a Public Lmited Company and a Group of Companies with its Head Office in Lahore, Pakistan. The Company's Factories are located in the Gujrat city and Muridke. Company was established in 1941 with a small business productions.

Servis Shoes is a Shoe Manufacturing Company and Servis Tyres is a Tyre manufacturing company working under the SIL. Mr Chaudhry Ahmed Javed is the current chairman and Mr Omar Saeed is the current CEO of Servis Industries.

Servis Group has Assets of above $ 1 Billion and Employs around 2200 People.

33. Tabani Group

      Yaqoob Tabani
Ranking:33 .. Worth: ($ 654 Mln) ..  Industry: Businessman 
Yaqoob Tabani is the Chairman of this Group. TABANI GROUP OF COMPANIES is one of the most distinguished and reputable business conglomerates in Pakistan.

It has the honour to Promote Pakistan's First Private Airline “Aero Asia” and operated for more than 13 years on both Domestic and International Routes catering more than one million passengers every year.

Tabani Group is over 100 year old business enterprises and has its offices/warehouse in:

• Pakistan (Islamabad, Karachi, Lahore, Peshawar)
• Dubai
• Sharajah (UAE)
• Hong Kong
• Moscow
• Tashkent

TG operates in following sectors:

§ Projects (Oil & Gas, Steel, Railways, Energy, etc.)
§ Services (Aero Asia Airline) and Manufacturing (Steel, Textile, etc)
§ Infrastructure & Housing Development (2500 luxury apartments)
§ Import and Export (Metals, Plastics, Cement, Electronics, Machinery and Equipment)
§ International Trade
§ Authorized Agents of world renowned Foreign Companies (USA, Germany, Russian, Chinese, South Korea, Ukrainian, Turkey, Indonesia, Malaysian, Singapore, Slovenia, Belarus, Sri Lanka)
  34. The Guard Group 

          Iftikhar Ali Malik
Ranking: 34 .. Worth: ($ 640 Mln) ..  Industry: Businessman

Iftikhar Ali Malik Heads this Sprawling Business Group. Guard Group is an Established Name in Auto Industry of Pakistan. Guard Filters Enjoyed its Monopoly for Decades in this Sector.

"Guard Group", has 64 years working experience and following are its Subsidiaries with an Extensive and Unique Dealers network nationwide as well as sound Financial Capability and International Business contacts.

1. Malik Auto & Agricultural Industries Co. Ltd.
2. Guard Frictions Pvt. Ltd.
3. Euro Guard Pvt. Ltd.
4. Guard Oils Pvt. Ltd.
5. Guard Agricultural Research & Services (Pvt.) Ltd.
6. Diesel Auto Corporation

Guard Group has Huge Investments in Real Estate and Agricultural Land Holdings.
It is one of the Largest Rice Exporters with Brand "Guard Rice".

Iftikhar Ali Malik and His Younger Brother Shahzad Malik has Served as Presidents of FPCCI and LCCI Respectively.

35. Ejaz Group

          Gohar Ejaz

Ranking:35 .. Worth: ($ 625 Mln) ..  Industry: Businessman

EJAZ GROUP OF COMPANIES was established in 1950, for International trading of commodities. In 1980, the group ventured into manufacturing and set up the first industrial unit under the banner of ‘Mian Nazir Sons Industries (Pvt.) Ltd.

The Group commissioned its textile division in 1987 and set up the first yarn-manufacturing unit under the banner of ‘Ejaz Textile Mills Ltd. In 1990, EGC decided to go for higher value addition in the area of yarn rather than follow run of the spinning units producing only weaving yarn. For this purpose, a new unit, based on state of the art technology was established in 1992 to produce top quality Carded and Combed Hosiery yarn under the banner of ‘Ejaz Spinning Mills Ltd’.

Presently, comprising of 5 spinning units with latest European and Japanese technology, Ejaz Group boasts over 100,000 spindles as a market leader in knitting and woven yarns. The group has a long range of satisfied customers nationwide and abroad with its premium quality Pakistani cotton yarns, imported cotton carded and combed Medium Staple yarn, fine counts with ELS cotton, Compact, EliTwist, Siro, Stretched, CoreSpun and Slub Yarns.
Under the leadership of Mr. Gohar Ejaz the group has grown to the stage where it proudly claims to be one of the biggest manufacturing companies in the textile sector of Pakistan, in a short span of time since its inception.
He is a seasoned Industrialist and public figure, a qualified business graduate and one of the resourceful personality in Pakistan. He is the Chief Executive of “Ejaz Group Of Companies” comprising Ejaz Spinning Mills and Ejaz Textile Mills Limited and “Lake City Holdings (Pvt) Ltd” a resort / residential development project planned with around 18 holes, 214 Acres golf course.

36. Rupali Group   


Nooruddin Feersata

Ranking:36 .. Worth: ($ 600 Mln) ..  Industry: Businessman
  Rupali Group is a Leading Business Group in Pakistan owned by Feerasta Family. Group has  Diverse Commercial Interests Ranging from Manufacturing, Exporting And Indenting to Banking and Trade Financing.
"The Rupali Group is The Largest Producer of Polyester Filament Yarn and a Leader in Production of Staple Fiber in Pakistan."

The Group's Activities Reflect The Changing Business Environment And Emerging Needs Of The Economy.
Rupali Group also Owns "SONERI Bank Ltd"
Rupali Group Includes following Companies:

     ª       Rupali Polyester Limited 

     ª       Rupali Foods (Pvt) Limited

     ª       Rupafil Limited

     ª       Rupafil PowerGen (Pvt) Limited

     ª       Spintex Limited

     ª       Rupali Nylon (Pvt.) Limited

     ª       Rupafab Limited

37. MH DadaBhoy Group of Companies  
 
        M.H Dadabhoy
Ranking:37 .. Worth: ($ 585 Mln) ..  Industry: Businessman

 The Dadabhoys  saga of entrepreneurship and success in Pakistan began about 50 years ago, when (late) Mr. Abdul Ghani Dadabhoy made Karachi his home. Upon arriving in Pakistan Mr. Abdul Ghani Dadabhoy played his part in the industrialization of the infant country. When, after the creation of Pakistan, Mr. Jinnah called upon the Muslim traders and businessmen to play their role in the newly created State, Mr. Abdul Ghani Dadabhoy promptly answered the call. Immediately after settling in Karachi, he set up a trading house encompassing a wide range of business. He did particularly well in the trade of cotton and was one of the early office bearers of the Karachi Cotton Exchange. Sheer hardwork, professional commitment and vision provided the foundation for the establishment of a solid base. The decade of the 1950's was a profitable period for him, when he had established a Ginning Factory, a Re-rolling Mill and an Edible Oil Mill.

Mr. Abdul Ghani Dadabhoy had provided a solid foundation for his sons to build upon. When Mr. Abdul Ghani Dadabhoy died in 1973. He had the satisfaction that his sons, through their skill and talent, has infused new blood in his mission, and that, in due course, they would take the family's name to greater glories and earn for themselves a towering place in the industrial setup of the country. In a short span of time, the family's fortunes grew into a large industrial group representing cement, Sanitary ware, Plastic ware, Lubricants, Paper sacks, Pre-Fabricated Construction Material and Agricultural Equipment were some of the areas of interest to the Dadabhoy Group. Subsequently Leasing and Insurance Companies were also added.

During Nineties, Dadabhoy Group was so enhanced and their areas of activities were sufficiently diversified in different industrial sub-sectors of Pakistan. The Board of Directors of Dadabhoy Group decided to distribute specific areas of activities to different family members. This decision has formed M.H. Dadabhoy Group of Companies. For more than one decade, the M.H. Dadabhoy Group of companies is functional in Pakistan with new vision & phrases. 
The M.H. Dadabhoy Group of companies comprises:

1. Dadabhoy Cement Industries Limited (DCIL)
2. Dadabhoy Sack Limited (DSL)
3. Dadabhoy Energy Supply Company Limited (DESCL)
4. Dadabhy Hydrocarbon Company Limited (DHCL)
5. Dadabhoy Construction Technologies (Private) Limited (DCTL)
6. Pak German Prefabs Limited (PGPL)
7. Dadabhoy Trading Corporation (Private) Limited (DTCL)
8. Dadabhoy Unimineral Limited (DUML)

M.H. Dadabhoy Group is thus contributing to the industrial development and economic well-being of Pakistan in its own humble way.

38 - Dewan Yousaf Farooqui/YDC Group 

Ranking: 38 .. Worth: ($ 280) Industry: Businessman 
Dewan Yousaf Farooqui Heads this Beleaguered Business Group.At the Time of its Pinnacle, Group enjoyed the status of Pakistan's Largest Industrial Group.
The Dewan Group's Decline started in 2007 and Next Year Group became Largest Bank Defaulter in the entire business history of Pakistan.
Banks say Dewan is the largest Defaulter in the Private Corporate Sector, which has a Debt of over Rs 38 Billion. The last settlement for four textile firms and the cement company was agreed in 2011
 The Dewan Salman Fiber was the Pride of this empire as it ranked 11th in the world in total production capacity. This Plant is Closed for past several years. YDC Group is in negotiation to sell off Dewn Cement to pare over its Soaring Debt. The group owns three textile units, a motorcycle manufacturing concern and a sugar unit in the country. Dewans also have business interests in India.They also have the franchise licence for BMW in Pakistan and now Rolls Royce showrooms.
Gone are The Days of Glory for This Group.

39 - Mian Mohammed Latif/
                "Chenab Group"


      Mian Latif
Ranking:39 .. Worth: ($ 210  Mln) ..  Industry: Businessman
Chenab Group Mian Muhammad Latif supervises this group along with his brother Mian Ashfaque.
Group's Family members actively take part in Regional and National Level Politics.
Chenab Group is One of The Struggling Textile Groups of Pakistan. Huge Bank Liabilities have Contracted the Business Size and Operations.Group could not Get  Recover Its Business Pace after its Fall which started in Year 2007. Soon after the Death of Mohtarma Benazir Bhutto, Country surrounded in severe Political and Economic turmoil. Group could not fulfill its Export Contracts worth Millions of Dollars and thus Tangled into worst Debt Liabilities.
Chenab Group is Far Left Behind Compared to its Peers like Nishat Textiles which exports worth $ 1 Billion Textile Products.
In Year 2016, Group Announced its Real Estate Projects in Faisalabad and Lahore.
Success Story of this Group is now an Event of Past.
 Business Analysts refer Group's Decline mainly due to the Myopic Future Vision and Weak Corporate Governance.
ChenOne has 31 Outlets and still an Established Brand.

40 - Kasim Dada .. Pakistan

Ranking: 40 Worth: £100m ($200m) Industry: Businessman
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.