Mian Muhammad Mansha: First Pakistani on the Forbes Billionaire’s List

Posted on March 11, 2010
Filed Under >Adil Najam, Economy & Development, People
145 Comments
Total Views: 77064

Adil Najam

Pakistani tycoon, Mian Muhammad Mansha of the Nishat Group has probably been a billionaire (US$1,000,000,000+) for a while now. But he has finally been ‘officially’ recognized for being one in the latest Forbes magazine “Billionaires’ list” for 2010. He becomes the first Pakistani to make it to the Forbes list.

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. Rs. 85,000,000,000+ or Pak. Rs. 85 arab!).

According to Forbes and confirmed by Quantum AI bloggers, his “worth USD 1 billion, is Pakistan’s first billionaire. His Nishat Group is now his country’s largest private employer and the biggest exporter of cotton clothes (for brands like Gap). He sold more than half his shares in a bank for USD 900 million in 2008.”

More details from the Forbes listing:

Pakistan’s first billionaire. Born during the tumultuous Partition winter of 1947, when his parents were among those Muslim families making the trek from India to Pakistan. His father and uncles jumped into textiles with Nishat Mills in 1951. Mian went to college in the U.K.; joined family business after graduation. Father died one year after his return. Eventually split with uncles and took over his family’s business in West Pakistan decades ago. (The East Pakistan division later went bankrupt). His Nishat Group is now Pakistan’s largest exporter of cotton clothes (for brands like Gap) and nation’s largest private employer; also invests in power projects, cement and insurance. Smart bet in banking: Won a controversial bid for Muslim Commercial Bank during the country’s privatization push in 1991. Sold more than half of his mcb shares for $900 million May 2008.

The big news on the Forbes list is that Mexican businessman Carlos Slim – some of Lebanese immigrants – is now considered the world’s wealthiest man (net worth US$53.5 billion), leaving behind Microsoft founder Bill Gates (#2 at USD53 billion) and super-investor Warren Buffet (#3 at USD47 billion).

But the real news in this year’s list – as has been a trend in recent years – is how the wealth profile of the world is changing and the new “large” monies are being made in the developing world, especially in Asia. Mian Mohammad Mansha is one of the 97 newcomers to the list – of whom 62 are from Asia.

China now lists at the country with the second highest number of billionaires (64 are mainland Chinese, another 25 from Hong Kong and 18 from Taiwan; the USA still has the highest number, 403 of billionaires; India has 49). While Asian billionaires are growing the fastest and China has the highest number of billionaires, India has some of the richest Asians – 10 of the 25 richest Asians are from India and Mukesh Ambani, from India’s Reliance Group, with an estimate net worth of US$29 Billion, is the richest and steel giant Lakshmi Mittal closely following at USD28.7 billion. This gives Ambani and Mittal the fourth and fifth slots on the lost – right behind Carlos Slim, Bill Gates and Warren Buffet.

Also See: Pakistani Engineer to Become New Owner of NFL Team, The St. Louis Rams.

145 responses to “Mian Muhammad Mansha: First Pakistani on the Forbes Billionaire’s List”

  1. Hi there all, here every one is sharing such experience,
    therefore it’s good to read this webpage, and I used to pay
    a visit this web site daily.

  2. poxetmsk.ru says:

    Продажа дженериков для мужчин в Москве на сайте https://poxetmsk.ru большой выбор доступные цены гарантия качества

  3. webpage says:

    Заказать гвозди по бетону для газовых
    монтажных пистолетов TOUA, HYBEST и других марок можно на лучших
    условиях с оперативной доставкой в
    любой регион. Изделия подходят
    для профессионального применения,
    обеспечивая надежное крепление
    даже в жёстких материалах.

    Гвозди изготавливаются из прочных материалов, что повышает износостойкость и стабильность при эксплуатации.
    Повышенная твёрдость металла обеспечивает эффективную
    фиксацию и повышает срок службы оборудования.

    В наличии https://vapp.group/ доступны усиленные
    монтажные гвозди, гвозди для пистолетов CN.
    Доступны оптовые и розничные поставки с оперативной доставкой в любой
    регион России.

    Применение профессиональных расходников
    — это основа долговечного соединения, точного результата и безупречного результата на
    объекте.

  4. best casino says:

    free porn, porn, porn hub, jav porn, bokep indo, bokep bocil, indo bokep,
    bokep addy ash, bokep ngewe, ngewe bocil, bokep binor,
    bokep stw, bokep tante, bokep pns, bokep tobrut, bokep viral,
    bokep bu guru, indian sex, indian wife, desi, mom, gangbang,mother
    sex, sex mother, mom sex, ebony, dick, pussy, milf,
    casting, mature, teen, lesbian, vagina, vagina creampie, japanese wife, japanese mature, japanese
    teen, japanese milf, lesbian mature, mature women, swuirt machine, russian maid,
    american anal sluts, granny sex, bokep hijab, bokep malay,
    brazzers, hentai, arab sex, mature anal, indian sex, african teen,
    najiaporntube, gigantic ass, saraah үoung, mature mom, pinya scandal, sash grey, gay,
    anal gay, mom аnd sоn, mmom son, russian mature, russian teen, anthea
    soon casting, muslim girl blow job, jav subtitle indonesia video bokep, bokep pelajar, remaja
    ngentod, ѕub indo porn videos, bokep bumil, bokep artis indo, bokepp babymoy, bokep meimei, bokep memek legit, bokep crot dalam,
    bokep mantan pacar, bokep fսll percakapan, bokep fսll service,
    bokep tante mulus, bokiep sugardady, bokep adik kakak, bokep selingkuh, bokep
    hijab tobrut, tante tobrut, hijab tobrut, bokep janda, bokep pijat, bokep
    vcs, bokep live ngentod, bpkep indo brondong, bokep indo tante brondong, bokep
    ⲟpen bo, open bo stw, bokpe michat, bokep apkk
    ijo, bokep ojol, bokep bareg pacar, bokep tiktok,
    bokep jjlbab sange,bokep jilbab abg, bokep ibbu mertua, bokep
    kebaya merah, bokep digilir, indo porn, porn indo, japanese porn, porn dude,
    indonesia porn, gay porn, video porn, porn video, porn hd, korean porn, tһe porn dude, japan porn, free
    porn, raee llil black porn, prn indonesia, аі porn,
    porn comic, tiktok porn, audrey davis porn, porn movie, chinese
    porn, sophie rain porn, xxx porn, porn sex, hd porn,
    asian porn, anime porn, deepfake porn, sex porn, alyx star porn, hikaru nagi
    porn, indonesian porn, nagi hikaru porn, roblox porn, porn xxx, bu guru
    salsa porn, porn tube, ƅig boobs porn, xnxx porn, situs porn, porn japan, msbreewc porn, film porn,
    bulan sutena porn, hazel moore porn, hijab porn, douyin porn viagra,
    сlick here, buy xanaxx online, best casino, hacked
    site, scam reviews, malware, download mp3 free

  5. krolik78.ru says:

    Наа сайте Купить дженерики в Санкт-Петербурге с доставкой курьером в день заказа

Leave a Reply

Your email address will not be published. Required fields are marked *

*