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Richest people in Pakistan 2026: top 20 with net worth

The A1 Blogs Rich List: the 20 richest people in Pakistan ranked by net worth, from Shahid Khan and Hussain Dawood to Mian Mansha, Bestway, Lucky, Saigol and ARY.

Richest people in Pakistan 2026: the top 10 on the A1 Blogs Rich List covers

Who are the richest people in Pakistan in 2026? The A1 Blogs Rich List ranks the top 20, from Lahore-born Shahid Khan, worth about $16.3 billion, to the bankers, industrialists and media owners whose fortunes are built inside Pakistan. For each person you will find an estimated net worth, the source of that estimate, their companies and industries, and a full profile. Tap any name to open it.

Top 20 richest people in Pakistan at a glance

The table ranks everyone by net worth. Figures marked Forbes are Forbes’ real-time estimates from early October 2026. All others are the most widely cited published estimates, explained on each profile.

RankNameNet worthIndustryCitizenship
1Shahid KhanOwner, Flex-N-Gate$16.3BForbesAutomotive, sportsUnited States
2Hussain DawoodChairman, Engro Holdings$5.5BEstimateFertiliser, energy, chemicalsPakistan, Malta
3Mian Muhammad ManshaChairman, Nishat Group and MCB Bank$5BEstimateBanking, textiles, cement, powerPakistan
4Sir Anwar PervezFounder and chairman emeritus, Bestway Group$3.1BEstimateWholesale, pharmacy, cement, bankingUnited Kingdom
5Sadruddin HashwaniChairman, Hashoo Group$2–4BEstimateHotels, oil and gasPakistan
6Sualeh AsifCo-founder, Cursor$2.7BForbesTechnology (AI)Pakistan
7Lord Zameer ChoudreyChairman, Bestway Group$1.9BEstimateWholesale, pharmacy, cement, bankingUnited Kingdom, Pakistan
8Malik RiazFounder and chairman, Bahria Town$1.1–2.5BEstimateReal estatePakistan
9Abdul Razak DawoodFounder, Descon$1.5BEstimateEngineering, constructionPakistan
10Muhammad Ali TabbaCEO, Lucky Cement$1.5BEstimateCement, cars, chemicals, power, textilesPakistan
11Tariq Sayeed SaigolChairman, Kohinoor Maple Leaf Group$1.2BEstimateCement, textiles, powerPakistan
12Lakhani familyOwners, Lakson Group$1B+EstimateConsumer goods, media, food, aviationPakistan
13Arif HabibChairman, Arif Habib Group$920MEstimateFinance, fertiliser, cement, aviationPakistan
14Dewan Yousuf FarooquiChairman, Dewan Mushtaq Group$900MEstimateCars, cement, textiles, sugarPakistan
15Bashir DawoodFounder, Dawlance$850MEstimateHome appliances, investmentsPakistan
16Syed Babar AliFounder, Packages Limited and LUMS$800MEstimatePackaging, food, insurance, educationPakistan
17Salman IqbalPresident and CEO, ARY Digital Network$600MEstimateMedia, gold, propertyPakistan
18Jahangir Khan TareenFounder, JDW Group$550MEstimateSugar, power, agriculturePakistan
19Anwar Saifullah KhanCo-chairman, Saif Group$500MEstimatePower, textiles, real estatePakistan
20Jahangir SiddiquiFounder and chairman, JS Group$270MEstimateBanking, investmentsPakistan

Profiles of Pakistan’s 20 richest people

Shahid Khan

Owner, Flex-N-Gate
$16.3B
Forbes Forbes real-time, 7 Oct 2026
Industry
Automotive, sports
Source
Flex-N-Gate, Jacksonville Jaguars, Fulham FC
Citizenship
United States

Arrived in the US at 16, bought the bumper maker he worked for, then the Jacksonville Jaguars and Fulham FC.

Full profile

Hussain Dawood

Chairman, Engro Holdings
Est. $5.5B
Estimate Wikipedia, List of Pakistanis by net worth
Industry
Fertiliser, energy, chemicals
Source
Engro, Dawood Hercules
Citizenship
Pakistan, Malta

Turned his family business into one of Pakistan’s largest conglomerates through Engro: fertiliser, Thar coal, power, PVC and telecom towers.

Full profile

Mian Muhammad Mansha

Chairman, Nishat Group and MCB Bank
Est. $5B
Estimate Wikipedia, List of Pakistanis by net worth; India Times (2024)
Industry
Banking, textiles, cement, power
Source
Nishat Group, MCB Bank
Citizenship
Pakistan

The first Pakistani on the Forbes billionaires list; built Nishat into a group spanning MCB Bank, textiles, cement and power.

Full profile

Sir Anwar Pervez

Founder and chairman emeritus, Bestway Group
Est. $3.1B
Estimate Wikipedia, List of Pakistanis by net worth; Sunday Times Rich List
Industry
Wholesale, pharmacy, cement, banking
Source
Bestway Group, Bestway Cement, UBL
Citizenship
United Kingdom

A former Bradford bus conductor whose Bestway Group owns Well Pharmacy, Bestway Cement and a major stake in UBL.

Full profile

Sadruddin Hashwani

Chairman, Hashoo Group
Est. $2–4B
Estimate Range of published estimates, 2026
Industry
Hotels, oil and gas
Source
Hashoo Group (Pearl-Continental, Marriott)
Citizenship
Pakistan

The hotel king of Pakistan: controls the Pearl-Continental chain and the Marriott hotels in Islamabad and Karachi.

Full profile

Sualeh Asif

Co-founder, Cursor
$2.7B
Forbes Forbes real-time, 4 Oct 2026
Industry
Technology (AI)
Source
Cursor (Anysphere), acquired by SpaceX
Citizenship
Pakistan

Karachi maths olympiad star who co-founded the AI code editor Cursor, sold to SpaceX for $60 billion in 2026.

Full profile

Lord Zameer Choudrey

Chairman, Bestway Group
Est. $1.9B
Estimate Sunday Times Rich List 2020 (£1.53bn)
Industry
Wholesale, pharmacy, cement, banking
Source
Bestway Group
Citizenship
United Kingdom, Pakistan

Joined his uncle’s Bestway as financial controller in 1984 and rose to chairman; a member of the House of Lords since 2019.

Full profile

Malik Riaz

Founder and chairman, Bahria Town
Est. $1.1–2.5B
Estimate Range of published estimates, 2026
Industry
Real estate
Source
Bahria Town
Citizenship
Pakistan

Built Bahria Town into Pakistan’s largest private housing developer; declared a proclaimed offender by an accountability court in May 2026.

Full profile

Abdul Razak Dawood

Founder, Descon
Est. $1.5B
Estimate Published estimate (PropertyAI.pk, 2026)
Industry
Engineering, construction
Source
Descon
Citizenship
Pakistan

Founded the engineering giant Descon in 1977 and served twice as Pakistan’s commerce minister and adviser.

Full profile

Muhammad Ali Tabba

CEO, Lucky Cement
Est. $1.5B
Estimate Published estimates (Tabba family wealth)
Industry
Cement, cars, chemicals, power, textiles
Source
Yunus Brothers Group (Lucky)
Citizenship
Pakistan

Runs Lucky Cement and the Yunus Brothers Group, from Kia cars and the former ICI Pakistan to power plants and Tabba hospitals.

Full profile

Tariq Sayeed Saigol

Chairman, Kohinoor Maple Leaf Group
Est. $1.2B
Estimate Published estimate (PropertyAI.pk, 2026)
Industry
Cement, textiles, power
Source
Maple Leaf Cement, Kohinoor Textile Mills
Citizenship
Pakistan

Heads the Kohinoor Maple Leaf branch of the Saigol family, one of Pakistan’s oldest industrial dynasties.

Full profile

Lakhani family

Owners, Lakson Group
Est. $1B+
Estimate Published estimates (family wealth)
Industry
Consumer goods, media, food, aviation
Source
Lakson Group
Citizenship
Pakistan

Behind Colgate-Palmolive Pakistan, McDonald’s Pakistan, Express Media, Century Paper and the airline Fly Jinnah.

Full profile

Arif Habib

Chairman, Arif Habib Group
Est. $920M
Estimate Widely reported estimate, 2026
Industry
Finance, fertiliser, cement, aviation
Source
Arif Habib Group, PIA
Citizenship
Pakistan

Started as a 17-year-old stockbroker; his consortium bought 75% of PIA for Rs135 billion in December 2025.

Full profile

Dewan Yousuf Farooqui

Chairman, Dewan Mushtaq Group
Est. $900M
Estimate Published estimate (PropertyAI.pk, 2026)
Industry
Cars, cement, textiles, sugar
Source
Dewan Group
Citizenship
Pakistan

Heads the Dewan Group, once a major name in cars, polyester fibre and cement, which has been restructuring since its 2008 defaults.

Full profile

Bashir Dawood

Founder, Dawlance
Est. $850M
Estimate Published estimate (PropertyAI.pk, 2026)
Industry
Home appliances, investments
Source
Dawlance (sold in 2016)
Citizenship
Pakistan

Founded Dawlance in 1980 and built it into Pakistan’s best-known fridge brand before selling it to Turkey’s Arcelik.

Full profile

Syed Babar Ali

Founder, Packages Limited and LUMS
Est. $800M
Estimate Published estimate (PropertyAI.pk, 2026)
Industry
Packaging, food, insurance, education
Source
Packages Group, Nestlé Pakistan (Milkpak)
Citizenship
Pakistan

At 100, the founder of Packages, Milkpak (now Nestlé Pakistan) and LUMS is Pakistan’s elder statesman of business.

Full profile

Salman Iqbal

President and CEO, ARY Digital Network
Est. $600M
Estimate Published estimate (PropertyAI.pk, 2026)
Industry
Media, gold, property
Source
ARY Group
Citizenship
Pakistan

Runs the ARY media empire, from ARY Digital and ARY News to the Karachi Kings cricket team.

Full profile

Jahangir Khan Tareen

Founder, JDW Group
Est. $550M
Estimate Published estimate (PropertyAI.pk, 2026)
Industry
Sugar, power, agriculture
Source
JDW Sugar Mills
Citizenship
Pakistan

Built JDW into one of Pakistan’s biggest sugar producers, then spent two decades in politics before stepping back in 2024.

Full profile

Anwar Saifullah Khan

Co-chairman, Saif Group
Est. $500M
Estimate Wikipedia, List of Pakistanis by net worth
Industry
Power, textiles, real estate
Source
Saif Group
Citizenship
Pakistan

Co-chairman of the Saif Group and a former federal minister from one of Khyber Pakhtunkhwa’s best-known business families.

Full profile

Jahangir Siddiqui

Founder and chairman, JS Group
Est. $270M
Estimate Wikipedia, List of Pakistanis by net worth
Industry
Banking, investments
Source
JS Group (JS Bank, JS Investments)
Citizenship
Pakistan

A former Karachi Stock Exchange president who built JS Bank and one of Pakistan’s largest private asset managers.

Full profile

How we built this list of the richest people in Pakistan

Pakistan has no official wealth register, and most of its biggest fortunes sit in private or family-controlled companies, so no two lists agree. We used a consistent method:

  • Forbes first: where Forbes tracks a person, we use its real-time figure and date it. That applies to Shahid Khan and Sualeh Asif.
  • Most-cited estimate next: for everyone else we use the estimate most often cited in published sources, such as Wikipedia’s list of Pakistanis by net worth, the Sunday Times Rich List and Pakistani business publications, and we name the source on each card.
  • Ranges: where reports give a range, as for Sadruddin Hashwani and Malik Riaz, we rank on the midpoint and show the full range.
  • Business owners only: we include people whose wealth comes from business, including some who also served in government. We leave out career politicians, whose wealth estimates are based mainly on speculation.

Estimates for private fortunes can be far apart. Hussain Dawood, for example, appears at $5.5 billion on Wikipedia’s list but much lower in some other rankings. Treat every figure except the Forbes ones as a guide, and check the date.

Who is the richest man in Pakistan?

If you count people of Pakistani origin anywhere in the world, the richest man is Shahid Khan, worth about $16.3 billion according to Forbes. He was born in Lahore but has been a US citizen since 1991.

Among Pakistani business leaders, Hussain Dawood of Engro is estimated at $5.5 billion and Mian Muhammad Mansha of the Nishat Group at around $5 billion, followed by Sir Anwar Pervez of Bestway, a British Pakistani, at about $3.1 billion. The richest Pakistani citizen on Forbes’ own list is Sualeh Asif, the 26-year-old co-founder of Cursor, worth about $2.7 billion.

The industries behind Pakistani fortunes

The pattern is clear when you look at the richest people in Pakistan side by side:

  • Textiles gave many groups their start, including Nishat, the Saigols and the Yunus Brothers Group.
  • Cement, fertiliser and power turned them into conglomerates, often through privatisations: Engro, Lucky, Maple Leaf, Bestway Cement and Saif Power.
  • Banking and finance followed: MCB under Nishat, UBL under Bestway, JS Bank and the Arif Habib Group.
  • Property created the most visible and most disputed fortune, at Bahria Town.
  • Consumer brands, hotels and media built Lakson, Dawlance, Packages, Hashoo and ARY.
  • Engineering and agriculture created Descon and JDW Sugar Mills.
  • Technology is the newest source, with Sualeh Asif’s Cursor showing that a young founder can join the list within a few years.

For context on how many of these companies trade, see our guide to the KSE-100 index.

Self-made or inherited?

The list includes several genuinely self-made fortunes. Shahid Khan arrived in the US with little money. Sir Anwar Pervez started as a bus conductor in Bradford. Arif Habib began at 17 on Rs60 a month. Malik Riaz built Bahria Town from small contracting jobs, and Bashir Dawood built Dawlance from scratch. Others, such as Mian Mansha, Hussain Dawood, Tariq Saigol and the Tabba and Lakhani families, took over family businesses and expanded them far beyond their original size.

Frequently asked questions

Who is the richest person in Pakistan in 2026?

Shahid Khan is the richest person of Pakistani origin, at about $16.3 billion according to Forbes. Among Pakistani business leaders, Hussain Dawood and Mian Muhammad Mansha lead with estimates of about $5.5 billion and $5 billion.

How many billionaires does Pakistan have?

Forbes tracks two billionaires of Pakistani origin in 2026. On published estimates, 12 people on our list are worth $1 billion or more.

Who was the first Pakistani billionaire on Forbes?

Mian Muhammad Mansha of the Nishat Group.

Why do net worth figures differ between websites?

Most Pakistani fortunes sit in private companies whose value is not published. Different publications use different methods, so we show the source of each figure.

Live figures for the two Forbes-tracked billionaires are on the Forbes Real-Time Billionaires list.

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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