Shahid Khan is an American businessman born in Pakistan who is declared the richest man in Pakistan in 2019 with a net worth of $8.5 billion. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Mansha is Pakistani billionaire with the net worth of US $2.6 billion. MCB Ltd, Nishat Chunian Group, DG Khan Cement. Chinese billionaire Zhong Huijuan and her husband Sun Piayoang leading the list run two of the biggest pharmaceutical companies in China. Age : 64 Residence : Lahore Source of Income & Wealth : Ittefaq Group, politics Industries : Steel, Sugar, Agriculture. Mian Mansha was born in 1947; he belonged to a well-off family. He grew up in Faisalabad. Source of income: Nishat Group, MCB Ltd, Adamjee Group, Nishat Chunian Group, DG Khan Cement. Mian Muhammad Mansha. Mian Muhammad Mansha (Urdu: میاں محمد منشاء ‎) is a Pakistani business magnate and billionaire. Born during the tumultuous Partition winter of 1947, when his parents were among those Muslim families making the trek from India to Pakistan. Source of Wealth: Textile, Inherit and growing; Nationality: Pakistan; About . Mian Mansha Net Worth: $2.7 billion Source of Income: Nishat Group, Adamjee Group. Rs. [3], Mansha's conglomerate benefited greatly from the privatisation drive by the governments of the 1990s. Mansha, who owns the Muslim Commercial Bank is also … Mian Muhammad Mansha. Undoubtedly, he a very powerful man and has great worth in the Pakistan Politics. [10] One of Mansha's companies, Nishat Textile Mills Limited, is the largest exporting entity in Pakistan. As of June 2016, Mian Mansha is not even in top 5 richest people of Pakistan. Nishat Group having become the first Pakistani corporate to sell GDRs on the main London bourse, some younger MCB executives took the attitude: "We’ve done well, got the offering away, so now it’s time to party." [1][5] He was worth US$2.5 billion in 2013. His Nishat Group is now his country’s largest private employer and the biggest exporter … In March 2010, Mansha became the first Pakistani ever to make it to the Forbes rich list. According to Forbes his “worth USD 1 … Mian Mohammed Mansha is … Mian Mansha real Born date December 1, 1947 (age 72 years), living in place Lahore, Pakistan. One of the most successful and powerful businessmen in the world, Mian Muhammad Mansha is the wealthiest or richest person of Pakistan. Mian Mansha Net Worth: $2.7 Billion. He is the owner of Nishat Group. Mian Mansha Net Worth: $2.7 Billion. Mian Mohammad Mansha is the 2nd richest person of Pakistan as He is the Chairman and CEO of MCB Ltd, Adamjee Group and Nishat Group. Mian Muhammad Mansha Net worth: Rs 520 billion (US$3.7 billion) – as of 2019 Mian Muhammad Mansha. For the first time in over a decade Asia has more ten-figure folks than Europe. Mian Mohammad Mansha Net Worth. Through sheer hard work and absolute devotion to his job, Mian Mansha has established himself as one of the leading industrialists of Pakistan in the last three decades. 85,000,000,000+ or Pak. Today, MCB Bank is one of the top 4 banks in the country and leads in terms of market capitalisation with a massive employee base of roughly 18,000. He is the most richest person in Pakistan. When the dust settled, Mansha had acquired a controlling position in Adamjee Insurance, the country's largest non-life insurer. He is a business magnate of Pakistan. [1] In recent pandemic COVID-19 Mian Mansha and the Nishat Group fired their 800-900 employees in a day and he faced a huge criticism on social media. Mian Muhammad Mansha is ranked as the 4 th richest person in Pakistan according to Wealth-X 2019. [3], In 2017, his name appeared in the Paradise Papers having a link to offshore companies. [12] In March 2010, Mansha was the first Pakistani making it to the Forbes billionaires list. Netflix Options John David Washington Thriller Born to Be Murdered. Mian Muhammad Mansha Yaha Pakistan; Worth: ($2.5billion) Industry: Businessman. Moreover, he is the individual Pakistani who is paying highest tax. Mian Muhammad Mansha: Net Worth : $ 4 Billion. Power Sector Report || Mian Mansha Net Worth || Secret Business Idea #MianMansha #MCB #Report. The Chairman of Nishat Group – Mian Muhammad Mansha – is believed to have wealth worth $2.7 billion. In 2010, Mansha was the first Pakistani Making it to the Forbes billionaires list. Elusive billionaire Mian Mohammad Mansha has been ranked 2nd to 3rd richest in the country according to net worth. Apparently, there were 2,095 billionaires on Earth in 2020 alone, with an estimated grand total net worth of $8 trillion! The coronavirus pandemic and a price war between Russia and Saudi Arabia have dealt a double blow to the fortunes of top energy billionaires. Home to Silicon Valley, it’s no wonder California has so many of the world’s richest. Competing with several other bidders in a privatisation process, there were several challenges to overcome, but ultimately he persevered. His two primary sources of income are MCB Bank and … His father started his business in 1950. Pakistan's first billionaire. He entered into the world of textiles with Nishat Group. Roughly half of the planet's 2,095 billionaires are now citizens of either the United States or China. As of July 2019, … Most other countries have fewer billionaires this year than they did a year ago. They’re worth a combined $152 billion, $27 billion less than a year ago. Raised in 1950, Khan belonged to Lahore’s middle-class family and moved for higher studies to the United States in 1967. Born in 1947, he belonged to a well-off family who migrated to Bengal in the 1930s. His net worth stands $2.7 million as of July 2019. Must Read: Honor 8X set to launch in Pakistan. Net Worth: $3.7 billion (₨520 billion) Source of Income: Nishat Group, Nishat hotels, Nishat Kia Motors Plant in Faisalabad, MCB Bank, DG Khan Cement, Owner of Emporium Mall, Textile mills; Mian Muhammad Mansha is a Pakistani businessman and billionaire and is the founder and CEO of Nishat Group, which is an international company based in Lahore. Born in Lahore in 1947, Mian Mansha joined his family business in 1969 and began looking after the Nishat Textiles Mills – Pakistan’s largest Fabric … Forbes valued Mansha as the World’s 937th richest person, with a net worth of $1.0 billion. Birth Sign: Sagittarius. His early job was a dishwasher at the restaurant. Mian Mansha was born in 1947; he belonged to a well-off family. Mian Mohammed Mansha Net Worth Pakistan’s 1st billionaire. Mian Muhammad Mansha – an industrialist and entrepreneur – is a Pakistani business magnate and a billionaire with a net worth of $2.7 billion, as of July 2019. NFL Moves Browns-Giants Week 15 Game To Primetime, Cowboys-49ers Moved To Afternoon [Report] 48 Games Is "The Absolute Minimum" For … Today from textiles to dairy, he seems to have a foothold in almost every business sector of Pakistan with an estimated net worth of almost $4 billion. 2010 Billionaires NET WORTH . These are the 10 states with the largest number of the world's richest. Early Life. As he belonged to a very rich family so his childhood was also elite type of thing. He sometimes seeks advice from the U.S. 'vulture investor' Carl Icahn who once advised him to stay away from investing in airlines, and therefore, Mansha says he has no interest in buying out Pakistan International Airlines, if it is privatised by the government in the future. Also the owner of MCB Bank. Mansha’s family, however, settled back in Punjab after partition. Mian Mohammed Mansha Net Worth: Mian Mohammed is a notable Pakistani industrialist and entrepreneur who has a net worth of $1 billion. "[1] Mansha sometimes goes over to India and has business meetings there with other fellow billionaires like Sunil Mittal. Pakistan's first billionaire. Born through the tumultuous Partition winter season of 1947, when his parents had been among those Muslim family members producing the trek from India to Pakistan. After the 1947 Partition of British India, the family returned to Punjab, Pakistan. With the coronavirus-induced market crash, the Great White North’s richest billionaires have seen their fortunes go downhill. Place of Birth: Lahore and Back belongs to Chiniot, Punjab Pakistan. In later years, another textile complex followed in Chunian near Lahore. Biography of Mian Muhammad Mansha. His net worth his 1170 Billion Rupees. Mian went to college in the U.K.; joined family business after graduation. Net worth:- of $8.5 billion. In 2010, he was also declared as … Mansha was born in Faisalabad to a wealthy Chinioti Arain family. Net worth:- of $8.5 billion. Eventually split with uncles and took over his family's business in West Pakistan decades ago. Chairman of Nishat Group, a conglomerate that is reportedly the largest in Pakistan, Mian Mansha has been amassing wealth for decades. You must be interested in knowing the latest list of richest Pakistanis. Mian Mansha is the founder of Nishat Group and also holds the designation of the CEO. MCB Bank, in 2008, started a partnership with Maybank of Malaysia. He is ranked 84th in the Forbes 400 list of richest Americans and is overall the 360th wealthiest person in the world. [14], "Lunch with the FT: Mian Muhammad Mansha", "Mian Muhammad Mansha - Wealth-X Dossier", "The man behind Pakistan's biggest conglomerate", "The World's Billionaires: #937 Mian Muhammad Mansha's Profile", "Pakistan's Richest Man Defies Terrorism to Expand Bank Empire", "Nishat Mills to acquire two thermal plants", "Maybank gets approval for investment in MCB", "Two Nishat power plants to start this year", "President Asif Ali Zardari 2nd most Richest man of Pakistan", "Nishat Group & Mian Mansha Under Fire For Sacking 900 Laborers", https://en.wikipedia.org/w/index.php?title=Mian_Muhammad_Mansha&oldid=999447212, Articles containing potentially dated statements from July 2019, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License, This page was last edited on 10 January 2021, at 06:13. Mian Mohammad Mansha, from Pakistan, is ranked as being #937 on the Forbes list of billionaires (with a total of 1011 billionaires listed), with an estimated net worth of US1.0 billion (Pak. Mansha’s family, however, settled back in Punjab after partition. All Rights Reserved. His net worth his 1170 Billion Rupees. Smart bet in banking: Won a controversial bid for Muslim Commercial Bank during the country's privatization push in 1991. Also the owner of MCB Bank. Netflix Options John David Washington Thriller Born to Be Murdered. He is the founder and CEO of Nishat Group. 0 12 1 minute read. Meanwhile, now he is need of every political party government. Economy has changed that has further changed the business ecosystem. $1 Billion: Mian Muhammad Mansha (Urdu: میاں محمد منشاء‎) is a prominent Pakistani industrialist and business owner who is officially the quantity 1 richest guy in the united states. Mansha is on the board of … as of 3/1/10. Once he started the company he was such a committed … https://www.techjuice.pk/12-richest-and-biggest-business-owners-in-pakistan He is the richest person of Pakistani origin. [7], After 1979, Mansha set up Pakistan's largest textile complex of seven factories in Nishatabad in the city of Faisalabad. [4], In 2004, Mansha's group and his preferred candidate were defeated by a margin of two votes in the All Pakistan Textile Mills Association (APTMA) elections. The Nishat Group Mian Muhammad Mansha Yaha is the captain of this splendid ship having around 30 companies on board. https://kitaab.com.pk/article/business-men-pakistan-networth-analysis Elusive billionaire Mian Mohammad Mansha has been ranked 2nd to 3rd richest in the country according to net worth. #937 Mian Mohammad Mansha. Mian Muhammad Mansha is a Pakistan-based businessman and the owner of Nishat Group. [13], D.G. After completing his education in an elite manner in very well reputed schools and universities of the … He is the founder and CEO of international conglomerate Nishat Group. Mian Mansha Net Worth 2018: 4 to 5 Billion US Dollars. Nishat Textiles Mills was started in 1951 by his father and uncles. He is the richest Pakistani who also own Flex-N-Gate. Mian Muhammad Mansha – an industrialist and entrepreneur – is a Pakistani business magnate and a billionaire with a net worth of $2.7 billion, as of July 2019. A tale is often told of Mansha’s reaction to the successful sale by MCB of $150 million-worth of global depositary receipts on the London Stock Exchange in October 2006. He has a Red E-Class jaguar convertible, three Mercedes, A Porsche turbo, a BMW 750, a Range Rover and Volkswagen, and a turboprop plane and an 8-seater jet. During this period, he made a number of acquisitions and buy-outs, including engineering at least one hostile takeover. 3. Khan Cement Company, which is part of Mansha's Nishat Group, was once the target of violence by local people living near the factory. Mansha and some of his immediate family members are among the richest and highest tax-paying individuals in Pakistan. The Pakistani business magnate and billionaire is the founder and CEO of the Lahore-based international conglomerate Nishat … Mian Muhammad Mansha was created in … In 2017, Mian Muhammad Mansha hogged the limelight in the Paradise Papers having an association with offshore companies. Mansha has around 40 companies on board. [5] His father died one year after he returned from London after finishing his studies there in 1968. Marital Status: Married (Naz Mansha) Children: 3 (Mian Hassan Mansha, Mian Umar Mansha, Mian Raza Mansha) Father Name: Mian Muhammad Yahya. As of September 2016, Khan’s net worth is over $6.9 billion. (The East Pakistan division later went bankrupt). Manasha is … Mian Muhammad Mansha is a Pakistani businessman tycoon. Most importantly he is one of the highest tax-payer persons in the country. Mansha and some of his immediate family members are among the richest and highest tax-paying individuals in Pakistan.. Net worth: $2.7 billion Source of income: Nishat Group, MCB Ltd, Adamjee Group, Nishat Chunian Group, DG Khan Cement The first billionaire from Pakistan. Sources: Nishat group. [5], Mansha owns red E-class Jaguar convertible, three Mercs, a Porsche turbo, a BMW 750, a Range Rover, and a Volkswagen, besides a turboprop plane and an eight-seater jet. The issue is still in Court and not resolved but started production after increasing security around the plant. From Singapore To New York City, more than 26% of the world’s 2,095 billionaires live in just 10 cities spread across three continents. © 2021 Forbes Media LLC. In 2011, Forbes reported that his net worth fell below $1 billion. The Mian Mansha and some of his immediate family members are among the richest man in Pakistan and the highest tax-paying individuals in Pakistan. Mansha is the richest person in Pakistan by Daily Pakistan his net worth is $2.5 Billion in 2008. Net worth US $ 1 billion (2010)[1] at right side of wiki page :) ... this is wrong information mian mansha having more then 5 billion dollars. Mian Muhammad Mansha Yaha Pakistan; Worth: ($2.5billion) Industry: Businessman. Rs. In 1991, he acquired Muslim Commercial Bank (MCB) as well as … Net Worth: 2.5 billion $. Mian Muhammad Mansha Short Introduction Mian Muhammad Mansha is a Pakistani businessman and billionaire. He is ranked 84th in the Forbes 400 list of richest Americans and is overall the 360th wealthiest person in the world. Though stocks of the world’s biggest tech companies fell in March in response to the coronavirus pandemic, founders of tech giants, starting with Jeff Bezos, still dominate the uppermost ranks of Forbes’ new billionaires list. As of July 2019, Mian Muhammad Mansha had an estimated net worth of US$3.8 billion as per Wealth-X. [2], In the 1930s, Mansha's family had migrated to Bengal from Punjab. He is an entrepreneur and industrialist who worked day … Now his net worth is USD 2.7 billion. [3] Under Mansha's watch, MCB Bank has demonstrated execution and growth and which has made it one of the premier financial service management teams in the Indian subcontinent. He is the owner of Muslim Commercial Bank known as MCB Bank. But all these achievements, perhaps, play third fiddle to Mansha's master-stroke: the acquisition of one of Pakistan's most profitable banks, MCB Bank Limited or better known as Muslim Commercial Bank. Mian Muhammad Mansha Net Worth is $500,000 Mian Muhammad Mansha Bio/Wiki, Net Worth, Married 2018 Mian Muhammad Mansha (Urdu: ) is a leading Pakistani industrialist and entrepreneur who’s formally the wealthiest guy in the united states. Mian Mansha. He is the richest person of Pakistani origin. He was selected for a special Lunch with the UK Financial Times newspaper. In 2010, he was also featured on the Forbes list of World Billionaires. The Chairman of Nishat Group – Mian Muhammad Mansha – is believed to have wealth worth $2.7 billion. [1] Mansha is also Sheikh and regularly leads Dhikr prayer in evenings. Mian Mohammed Mansha Net Worth. Rs. And also have company in Kazakhstan. Nishat Mills also acquired two thermal power plants near its D. G. Khan Cement Factory located in Dera Ghazi Khan District, Punjab, previously owned by the Saigol family. He entered into the world of textiles with Nishat Group. Mian Muhammad Mansha: Mian Muhammad Mansha who is one of the leading industrialist and entrepreneur of Pakistan was born on 1947 and he also remained the Chairman and CEO of the Nishat Group of Companies, Muslim Commercial Bank, and Adamjee group too. Mian Mansha Khan real Net worth income US$9.8 billion (Wealth-X, … 85 arab!). As of July 2019[update], he had an estimated net worth of US$3.8 billion according to Wealth-X. He’s the chairman and CEO of … [3] Mansha and some of his immediate family members are among the richest and highest tax-paying individuals in Pakistan. Mansha is currently on the board of various prominent institutes in Pakistan and is one of the most powerful and influential people in the country. Sources: Nishat group. Mian Mohammed Mansha Net Worth $1 Billion Lists Ranked On. Popular Now. Most importantly he is one of the highest tax-payer persons in the country. It is equivalent to Rs 2 hundred billion at that time. Business analysts in Pakistan reportedly said that the acquisition of two thermal power plants would ensure uninterrupted power supply to D. G. Khan Cement Factory for the Nishat Group. In the year of 2013, Mansha was also the first Pakistani, which makes it to the Forbes billionaires list. He belonged to a rich Chinioti family. His early job was a dishwasher at the restaurant. Source of Wealth: Textile, Inherit and growing; Nationality: Pakistan; About . MCB Ltd, Nishat Chunian Group, DG Khan Cement. Or, Mian Muhammad Mansha's net worth in US Dollar Dec, 2020? Mian Muhammad Mansha was created in Lahore to a rich Chinioti family members, his privileged upbringing allowed him to take pleasure from an early on business education in University of Punjab. Richest Businessmen ⟶ Statistics. Chairman of Nishat Group, a conglomerate that is reportedly the largest in Pakistan, Mian Mansha has been amassing wealth for decades. Though California may boast more billionaires than any other U.S. state, Wyoming has the highest billionaires per capita. Source of income: Nishat Group, MCB, Adamjee Group, Nishat Chiniot power. His father and uncles jumped into textiles with Nishat Mills in 1951. Mansha has proceeded to venture into new terrain, executing deals with state-owned WAPDA (Water and Power Development Authority) to sell its excess electric power capacity generated at Nishat's various power stations. Sources added investigation into the case was in an advanced stage. Mian Mansha. Power Sector Report || Mian Mansha Net Worth || Secret Business Idea #MianMansha #MCB #Report. Not to anybody’s surprise our sweet old Mian sahb retains the number 5 position. © 2021 Forbes Media LLC. In March 2010, Mansha became the first Pakistani ever to make it to the Forbes rich list. Mansha is also a member of the Board of Directors at the Atlantic Council. Net Worth: $1.8 Billion. 85 arab!). 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