Sunday, March 14, 2010

At Last A Pakistani is On World’s Top Billionaires List


Do you know who the Top richest persons of Pakistan are? According Forbes Mian Muhammad Mansha is first Pakistani included in Top 1000 World’s Dollar Billionaires. His rank is # 937.

Name:                                      Mian Muhammad Mansha
World's Billionaires Rank          # 937
Net Worth of Wealth:               $1.000Bil (According to Forbes
Current Residence:                   Lahore
Maritial Status:                         Married,
Children:                                   3
Business Areas:                       
                                                Banking
                                                Insurance
                                                Textile
                                                Cement Companies
                                                Power Projects
                                                And many others…

Mian Muhammad Mansha is 62 years old self made Pakistan's first billionaire. He was born during the Partition of 1947. His parents were among those Muslim families making the migration from India to Pakistan.

His father and uncles started textiles business with name Nishat Mills in 1951. Mian went to UK for studies and joined family business after completion of his graduation. His father died one year after his return from UK.

His business group “Nishat Group” is now Pakistan's largest exporter of cotton clothes (famous brands is Gap). He is Pakistan’s largest private employer. Currently he has also invested in power projects, cement and insurance.
He won a controversial bid for Muslim Commercial Bank during the privatization in 1991. He had sold more than half of his MCB Bank Ltd shares for $900 million during May 2008.

 Watch this video an small truth about wealth of Pakistani richest Persons.


Remote Controlled Car by Pakistani by Students

Watch the video that Pakistani students controlled a Suzuki Mehran car by remote control. It shows that if we have the resources we can lead the world.