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Arif Habib net worth 2026: the stockbroker who bought PIA

He started on Rs60 a month at the Karachi Stock Exchange. His group now spans fertiliser, steel, cement and property, and it bought PIA for Rs135 billion.

Arif Habib net worth 2026 – A1 Blogs Rich List

Arif Habib net worth is estimated at around 0 million, placing him 13th on the A1 Blogs Rich List 2026, and few Pakistani businessmen have had a bigger year. In December 2025 his consortium won the auction for 75% of Pakistan International Airlines with a Rs135 billion bid, and in June 2026 it took over the airline’s management. He started out as a 17-year-old stockbroker earning Rs60 a month.

Arif Habib – A1 Blogs Rich List#13A1 Rich List
A1 Blogs Rich List 2026 · Rank 13 of 20
Arif Habib
Chairman, Arif Habib Group
Est. $920M
Estimate Widely reported estimate, 2026
Net worth
Est. $920M (Widely reported estimate, 2026)
Source of wealth
Arif Habib Group, PIA
Industry
Finance, fertiliser, cement, aviation
Self-made or inherited
Self-made
Born
1953, Karachi
Citizenship
Pakistan
Residence
Karachi
Education
Matriculation

Arif Habib net worth in 2026

Arif Habib’s net worth is widely reported at around $920 million, based mainly on his stakes in the Arif Habib Group’s listed companies. Treat it as an estimate: Forbes and Bloomberg do not track him, and the value of his holdings moves with the Pakistan Stock Exchange. The PIA purchase adds a large new asset, but also large investment commitments.

From a Rs60 salary to the stock exchange

Arif Habib was born in Karachi in 1953 into a Memon family that had settled in the city after Partition. His formal education ended after matriculation. In 1970, aged 17, he began working in stockbroking at the Karachi Stock Exchange on a monthly salary of Rs60.

He learned the market by studying company accounts and share movements, built his own brokerage, and became one of the best-known figures on the exchange. He was elected president of the Karachi Stock Exchange six times, the first in 1992, and pushed through the computerisation of share trading. He was also a founding member of the Central Depository Company.

Building the Arif Habib Group

In the 1990s and 2000s, as the government privatised state companies, Habib bought into fertiliser, cement, steel and banking. The main parts of the group today are:

  • Arif Habib Limited: one of Pakistan’s leading brokerage and investment banking firms
  • Fatima Fertilizer: a large fertiliser producer, run as a joint venture with the Fatima Group
  • Aisha Steel Mills: flat steel products
  • Power Cement: cement manufacturing
  • Javedan Corporation: developer of Naya Nazimabad, a large housing project in Karachi
  • Sachal Energy: a wind power project in Sindh

He also set up one of Pakistan’s early asset management companies in 2000. If you want to understand how the stock market he helped modernise works, read our guide on how to invest in the PSX.

Buying PIA

On 23 December 2025, a consortium led by Arif Habib Corporation, with Fatima Fertilizer, The City School and Lake City Holdings, won the auction for 75% of PIA with a bid of Rs135 billion. A consortium led by Lucky Cement came second at Rs134 billion, and Airblue also bid.

Under the deal, the buyers committed to keep employees for at least a year and to invest heavily to rebuild the airline. The consortium’s company, PIA Equity Ltd, took over management on 29 June 2026, with Fauji Fertiliser joining as a major partner. It holds an option to buy the remaining 25% from the government.

Turning around an airline that has lost money for years will be the biggest test of his career.

Philanthropy and public roles

Habib has served on government bodies dealing with privatisation and investment, and on the board of the Karachi School of Business and Leadership. His group supports education and health projects in Karachi.

Frequently asked questions

What is Arif Habib’s net worth?

Around $920 million according to widely reported estimates.

Who owns PIA now?

A consortium led by the Arif Habib Group bought 75% of PIA in December 2025 and took over management on 29 June 2026.

How did Arif Habib start?

As a stockbroker at the Karachi Stock Exchange in 1970, aged 17, on Rs60 a month.

See where he sits among the richest people in Pakistan. His career is summarised on Wikipedia.

Asif Jamal

Asif Jamal is the founder and editor of A1 Blogs. He writes and edits practical guides for readers in Pakistan on tax, savings, bills, government services and property, and for Pakistanis planning to study, work or travel abroad. Every guide links to its official sources and shows when it was last reviewed.

More stories by Asif Jamal

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