Hussain Dawood net worth is estimated at about .5 billion, the figure given on Wikipedia’s list of Pakistanis by net worth, which places him second on the A1 Blogs Rich List 2026. As chairman of Engro Holdings and head of the Dawood family, he controls one of Pakistan’s largest business groups, with companies in fertiliser, Thar coal, power, PVC and telecom towers.
#2A1 Rich List- Net worth
- Est. $5.5B (Wikipedia, List of Pakistanis by net worth). Some other published estimates are much lower.
- Source of wealth
- Engro, Dawood Hercules
- Industry
- Fertiliser, energy, chemicals
- Self-made or inherited
- Inherited and expanded
- Born
- 20 September 1943, Bombay
- Age
- 83
- Citizenship
- Pakistan, Malta
- Education
- Sheffield Hallam University; MBA, Kellogg (Northwestern)
Table of Contents
Hussain Dawood net worth in 2026
Wikipedia’s list of Pakistanis by net worth puts Hussain Dawood at about $5.5 billion, and that is the figure we use for his ranking. Treat it as an estimate. Forbes and Bloomberg do not track him, and some other published estimates are far lower, partly because it is hard to separate his personal wealth from the wider Dawood family’s holdings.
What can be measured is the scale of the business. Engro Holdings, the group’s listed parent, sits among the largest companies on the Pakistan Stock Exchange, and the Dawood family is its biggest shareholder. Its subsidiaries supply a large share of Pakistan’s urea fertiliser and run some of the country’s most important energy infrastructure.
Early life and education
Hussain Dawood was born on 20 September 1943 in Bombay into a Memon business family. His father, Ahmed Dawood, moved the family to Karachi at Partition in 1947 and built a trading and textile business.
He studied metallurgy at Sheffield Hallam University in England, graduating in 1966, and then earned an MBA from the Kellogg School of Management at Northwestern University in 1968.
Building Dawood Hercules and Engro
After returning to Pakistan he worked as finance director in the family business and ran Dawood Lawrencepur textiles from 1973. In 1981 he became chief executive of Dawood Hercules, the family’s fertiliser company, and later its chairman.
His most important move came in the late 1990s and 2000s, when the family built a controlling position in Engro, the former Exxon fertiliser business. He became chairman of Engro in 2006 and led its expansion well beyond fertiliser.
Engro’s main businesses
- Engro Fertilizers: one of Pakistan’s two largest urea producers
- Engro Energy and Thar coal: the Sindh Engro Coal Mining Company opened Pakistan’s Thar coalfield, with power plants using local coal
- Engro Polymer and Chemicals: Pakistan’s PVC producer
- Engro Enfrashare: telecom towers used by the country’s mobile networks
- Engro Vopak and Elengy: a chemicals terminal at Port Qasim run with the Dutch company Royal Vopak, and Elengy, Pakistan’s first LNG import terminal
The group has also worked with international partners including FrieslandCampina in dairy and Chinese engineering firms in power. Recent restructuring moved the group under a single listed parent, Engro Holdings.
Philanthropy and education
Dawood founded the Karachi School of Business and Leadership in 2010 and chairs The Dawood Foundation, which runs science education projects in Karachi. He has chaired the Pakistan Poverty Alleviation Fund and pledged Rs1 billion for COVID-19 relief in 2020.
He received the Hilal-i-Imtiaz in 2024, and Italy’s Order of Merit in 2008.
The Titan tragedy
In June 2023 his son Shahzada Dawood and grandson Suleman, aged 19, died when the Titan submersible imploded during a dive to the wreck of the Titanic. The family later funded the Shaheed Suleman Dawood Mosque in St John’s, Newfoundland, which opened in 2025.
Citizenship and family
Dawood holds Pakistani citizenship and, since 2016, Maltese citizenship. The family’s holding structure is run through Dawood Hercules and related companies, with other family members on the boards of group companies.
Frequently asked questions
What is Hussain Dawood’s net worth?
About $5.5 billion according to Wikipedia’s list of Pakistanis by net worth. It is an estimate: Forbes and Bloomberg do not publish a figure for him, and some other estimates are much lower.
What companies does Hussain Dawood own?
He chairs Engro Holdings, whose businesses include Engro Fertilizers, Thar coal mining and power, Engro Polymer and Chemicals, Engro Enfrashare and Engro Vopak.
What happened to Hussain Dawood’s son?
His son Shahzada and grandson Suleman died in the Titan submersible implosion in June 2023.
See the full list of the richest people in Pakistan. His background and roles are summarised on Wikipedia.
