1 - Mian
Muhammad Mansha Yaha Pakistan
Ranking: 1 Worth: £1.25b
($2.5billion) Industry: Businessman
Mansha has around 40 companies
on board. Mansha, who owns the
Muslim Commercial Bank is also
setting up a $ 17m paper mill.
He is one of the richest Pakistanis
around. 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 and management
companies. If Mansha was bitten
by Bhutto's nationalization stint
of 1970, his friends think he
was compensated by Nawaz Sharif's
denationalization programme to
a very good effect. There is no
stopping Mansha and he is still
on the move.
Nishat group assets are $4.4Billion.
He is sometimes even regarded
as the richest Pakistani around
by his friends claiming he does
not "show it off".