Practical guides for everyday life

Rich List

Sadruddin Hashwani net worth 2026: Hashoo Group and PC hotels

He lost his cotton business to nationalisation in 1973, then built Pakistan’s biggest five-star hotel chain: Pearl-Continental and the Marriotts.

Sadruddin Hashwani net worth 2026 – A1 Blogs Rich List

Sadruddin Hashwani net worth is estimated at between billion and billion in published reports, placing him fifth on the A1 Blogs Rich List 2026. As founder of the Hashoo Group he controls the largest chain of five-star hotels in Pakistan, including the Pearl-Continental hotels and the Marriott hotels in Islamabad and Karachi. He built it after losing his first business to nationalisation in the 1970s.

Sadruddin Hashwani – A1 Blogs Rich List#5A1 Rich List
A1 Blogs Rich List 2026 · Rank 5 of 20
Sadruddin Hashwani
Chairman, Hashoo Group
Est. $2–4B
Estimate Range of published estimates, 2026
Net worth
Est. $2–4B (Range of published estimates, 2026). Ranked on the midpoint, $3 billion.
Source of wealth
Hashoo Group (Pearl-Continental, Marriott)
Industry
Hotels, oil and gas
Self-made or inherited
Self-made
Born
19 February 1940, Karachi
Age
86
Citizenship
Pakistan

Sadruddin Hashwani net worth in 2026

Published estimates for Sadruddin Hashwani’s net worth range from about $2 billion to $4 billion, and a few lists put him lower. We rank him on the midpoint, $3 billion. The spread exists because the Hashoo Group is privately controlled, and its main listed company, Pakistan Services Limited, is only one part of it. His wealth rests mainly on hotel property in Pakistan’s biggest cities, plus oil and gas exploration and other businesses.

Early life and first business

Sadruddin Hashwani was born in Karachi on 19 February 1940 into an Ismaili Khoja family. In 1960 he and his brother founded Hassan Ali and Company, a cotton trading firm that became one of Pakistan’s leading cotton exporters by the 1970s.

In 1973 the government of Zulfikar Ali Bhutto nationalised the cotton export trade, and the business he had built was taken away.

Building a hotel empire

Hashwani rebuilt in hospitality. In 1981 he opened a Holiday Inn in Karachi, followed by one in Islamabad. Both later became Marriott hotels, which the group still owns.

In 1985 he took majority control of Pakistan Services Limited, which owned the country’s four Inter-Continental hotels. These were rebranded as Pearl-Continental, and the chain has since grown to cover Karachi, Lahore, Rawalpindi, Peshawar, Bhurban, Muzaffarabad and other cities, with additional properties under its Hotel One brand.

The 2008 Marriott bombing

On 20 September 2008, a truck bomb exploded outside the Islamabad Marriott, killing more than 50 people and injuring hundreds. It was one of the deadliest attacks in the capital. The hotel was rebuilt and reopened, and its tight security has since become a familiar sight for visitors.

Oil, gas and other businesses

Beyond hotels, the Hashoo Group has interests in oil and gas exploration through Zaver Petroleum, as well as travel, real estate and information technology. The Hashoo Foundation, the family’s charity, runs programmes in education, women’s economic empowerment and skills training, especially in northern Pakistan.

Memoir and controversies

In 2014 he published his autobiography, Truth Always Prevails, which gave a frank account of his dealings with Pakistani governments and politicians. In 2016 he and his son Murtaza Hashwani were named in the Panama Papers, which listed offshore companies linked to many wealthy families worldwide. Being named in the leak did not by itself mean wrongdoing.

Succession

His son Murtaza Hashwani has taken on a leading role in running the Hashoo Group and its hotels.

Key dates

  • 1940: born in Karachi
  • 1960: starts Hassan Ali and Company, a cotton trading firm, with his brother
  • 1973: the cotton export trade is nationalised
  • 1981: opens a Holiday Inn in Karachi, later a Marriott
  • 1985: takes control of Pakistan Services Limited and its Pearl-Continental hotels
  • 2008: the Islamabad Marriott is bombed and later rebuilt
  • 2014: publishes his memoir, Truth Always Prevails

How the A1 Rich List estimates net worth

We use Forbes’ real-time figure where Forbes tracks a person. For everyone else we use the most widely cited published estimate, from 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 profile. Where reports give a range, we rank on the midpoint. Private companies are hard to value, so treat every estimate as a guide rather than an exact figure.

Frequently asked questions

What is Sadruddin Hashwani’s net worth?

Published estimates range from about $2 billion to $4 billion. We rank him on the midpoint, $3 billion.

Which hotels does Sadruddin Hashwani own?

The Pearl-Continental chain through Pakistan Services Limited, and the Marriott hotels in Islamabad and Karachi.

What is the Hashoo Group?

Hashwani’s business group, covering hotels, oil and gas exploration, travel, property and technology.

See the full list of the richest people in Pakistan, and his biography 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

The A1 Briefing

Our best reporting and analysis, sent to your inbox. It is free, and you can unsubscribe with one click.

Free, with a one-click unsubscribe in every email. Read our Privacy Policy.

Subscribe