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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”.
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