Richest People in Pakistan 2026: Verified Top 10 List

Last updated: 3 November 2026 (Asia/Karachi). Forbes Real-Time figures for Shahid Khan and Sualeh Asif checked on their Forbes profiles. Sunday Times Rich List 2025 figure used for Sir Anwar Pervez and family. Private-business estimates are labelled as estimates.

It depends on what you mean by “Pakistan.” Shahid Khan, the Pakistani American owner of Flex-N-Gate and the Jacksonville Jaguars, is the richest person of Pakistani origin. Forbes’ real-time tracker put him at $16.2 billion on 3 November 2026, after the September 2026 Forbes 400 listed him at $16.5 billion. The only Pakistani citizen on Forbes’ 2026 World’s Billionaires list is Sualeh Asif, the 26-year-old cofounder of Cursor, at $1.3 billion as of 1 March 2026 (about $2.4 billion on Forbes Real-Time on 3 November 2026). Among businessmen living in Pakistan, Mian Muhammad Mansha of the Nishat Group is the name most often ranked first, but neither Forbes nor Bloomberg currently publishes a verified figure for him.

Most “richest people in Pakistan” lists copy each other and recycle old numbers. Here every figure is tied to a named source and a date. When no reliable figure exists, we say so. Start with the quick answers and the top 10 table, then read the profiles you need.

Who is the richest person in Pakistan? Three honest answers

Search results disagree because “Pakistan’s richest” can mean different things: origin, citizenship or residence.

Short answer: Shahid Khan is the richest person with Pakistani roots (US citizen). The Forbes-listed Pakistani citizen is Sualeh Asif. Among people living and doing business in Pakistan, Mian Muhammad Mansha is usually named first, with the warning that his wealth is an estimate.

How many billionaires does Pakistan have in 2026?

On Forbes’ 2026 World’s Billionaires list, Pakistan has one billionaire citizen: Sualeh Asif. Forbes published the list in March 2026, using stock prices and exchange rates from 1 March 2026, and counted 3,428 billionaires worldwide with a combined fortune of $20.1 trillion.

Forbes said Pakistan returned to the ranking for the first time since 2010. That was the year Mian Muhammad Mansha became the first Pakistani on the list, at an estimated $1 billion. Forbes treats Shahid Khan as an American billionaire, which is why he does not count toward Pakistan’s total on that list.

Claims of five, ten or twenty Pakistani billionaires usually come from private estimates of family firms, not Forbes or Bloomberg. We label those as estimates.

Top 10 richest people in Pakistan 2026

Only a few names have figures from a major global tracker. The order below puts verified tracker evidence first, then widely reported business families. Treat it as a guide. The last column shows how much you can trust each number.

Net worth is an estimate of assets minus debts on a given day. It is not income, not cash in a bank account and not an official statement from the person named.

1. Shahid Khan: richest person of Pakistani origin

Shahid Khan was born in Lahore in 1950 and moved to the US at 16 to study engineering at the University of Illinois. He started a bumper business in 1978 and bought Flex-N-Gate in 1980. Bloomberg reported about $9.3 billion in Flex-N-Gate revenue for 2025; the company remains closely held. Forbes lists his citizenship as the United States.

He bought the NFL’s Jacksonville Jaguars for about $770 million and Fulham Football Club in London for about $300 million (2013 purchase price often cited). He also co-owns the wrestling company All Elite Wrestling with his son Tony.

Forbes listed him at $15 billion on 1 March 2026, $16.5 billion on the September 2026 Forbes 400 (rank 70 among Americans), and about $16.2 billion on Forbes Real-Time on 3 November 2026. Forbes also valued the Jaguars at about $8.05 billion in autumn 2026 (up from about $5.6 billion a year earlier). Bloomberg’s Billionaires Index usually sits below Forbes because the methods differ.

2. Sualeh Asif: Pakistan’s Forbes-listed citizen billionaire

Sualeh Asif grew up in Karachi, studied at Nixor College, represented Pakistan at the International Mathematical Olympiad, then went to MIT, where he cofounded Anysphere (Cursor) with three classmates. Forbes lists citizenship as Pakistan and residence as San Francisco.

Forbes listed him at $1.3 billion on 1 March 2026, when Cursor was valued at about $29.3 billion, and called him the first Pakistani on the World’s Billionaires list since 2010. Forbes later reported that SpaceX acquired Cursor in a deal valued at $60 billion (August 2026) and estimated that each Cursor cofounder received SpaceX shares worth about $2.4 billion at closing. Forbes Real-Time showed about $2.4 billion for Asif on 3 November 2026. Live trackers move with private-market marks, so check his Forbes profile for the number on the day you read this.

3. Sir Anwar Pervez: Bestway Group

Sir Anwar Pervez was born on 15 March 1935 near Rawalpindi and moved to England in 1956. After work as a bus conductor and driver in Bradford, he opened shops in London and founded Bestway in 1976. The group now spans wholesale, pharmacy, cement and banking in the UK and Pakistan. Bestway marked 50 years and his 90th birthday in 2025.

He received an OBE in 1992, a knighthood in 1999 and Pakistan’s Hilal-e-Pakistan in 2000. The Sunday Times Rich List 2025 valued Sir Anwar Pervez and family at about £2.715 billion (around 60th in the UK). Older coverage often cites £3.1 billion in 2020. We did not invent a 2026 number without a primary Sunday Times 2026 line.

4. Mian Muhammad Mansha: richest resident businessman by reputation

Mian Muhammad Mansha was born in 1941 in Chiniot and leads the Nishat Group, one of Pakistan’s largest private business groups. The group’s interests include Nishat Mills (textiles), MCB Bank, DG Khan Cement, Adamjee Insurance and power generation. He is chairman of MCB Bank.

Forbes listed him in 2010 as the first Pakistani billionaire at about $1 billion. He is not on the 2026 World’s Billionaires list. Public estimates today range from about $2 billion to $5 billion. Part of Nishat is listed on the PSX; other parts are private, so we refuse a single precise dollar amount.

5. Hussain Dawood: Engro / Dawood Hercules

Hussain Dawood is a leading figure in the Dawood family’s industrial interests, including roles linked to Engro Holdings and the wider Dawood Hercules group of companies in fertiliser, energy, petrochemicals and related sectors. Several listed Engro entities trade on the Pakistan Stock Exchange, which makes parts of the group visible to the market.

Forbes does not publish a personal figure for him. Circulating “$5 billion plus” blog estimates are not Forbes valuations, so we leave the dollar column blank.

6. Sadruddin Hashwani: Hashoo Group

Sadruddin Hashwani chairs the Hashoo Group, best known in Pakistan for hospitality brands such as Pearl Continental and for interests in oil and gas and related businesses. The group is privately controlled.

No Forbes or Bloomberg personal figure for 2026. Multi-billion online ranges are unverified estimates, so we show no precision number.

7. Salman Iqbal and the ARY Group

Salman Iqbal is president and CEO of the ARY Digital Network and head of the ARY Group, a Dubai-based holding company founded by his uncle, gold trader Abdul Razzak Yaqoob (1944 to 2014). ARY Digital launched in the UK on 16 September 2000. Salman Iqbal became chief executive after his uncle’s death in 2014 and bought the Karachi Kings PSL franchise in 2015.

So what is his net worth? There is no verified figure. Forbes and Bloomberg do not list him, and the group’s ownership is shared among family members and a Dubai holding company, so a single personal number is hard to calculate. Any specific dollar or rupee amount you see online is an unaudited guess.

8 and 9. The Saigol and Habib families

The Saigol family is associated with the Kohinoor Maple Leaf Group, which includes Maple Leaf Cement and Kohinoor Textile Mills. The Habib family is associated with the House of Habib, a group with banking, insurance, automotive and industrial interests. Both are family held. Neither publishes a combined personal wealth statement, so we cannot give a verified figure for either one. We include them because they appear again and again in rankings of Pakistan’s largest business families.

10. Malik Riaz Hussain: why we show no ranking figure

Malik Riaz founded Bahria Town, one of Pakistan’s best-known private housing developers. Earlier versions of lists like this one placed him in the top five with a dollar amount. We no longer do that, for two reasons. First, his wealth is tied up in land and development assets with no public share price, so any figure is unverifiable. Second, he is involved in serious legal proceedings.

Dawn reported on 30 April 2026 that NAB claimed Interpol had issued a red notice for Malik Riaz and his son Ali Riaz, that he has been treated as an absconder in the Al-Qadir Trust case linked to the £190 million UK NCA settlement, and that he is reported to be in the UAE. Dawn could not independently verify the Interpol notice. Asset freezes and related Bahria Town matters have been widely reported.

Legal matters can change quickly. Check recent Dawn or other trusted reporting before relying on this summary. This is reporting of published claims, not a finding of guilt.

Why different websites show different net worth for the same person

Different sites disagree for four common reasons.

• Different dates. Forbes’ March World’s Billionaires list, the September Forbes 400 and real-time trackers can differ by billions when team or company values move.
• Different methods. Private companies and sports teams are valued differently, so Shahid Khan can be about $16.2B on Forbes Real-Time and lower on Bloomberg the same week.
• Private family businesses. Without a public ownership register or share price, outsiders can only estimate.
• Recycled numbers. Many sites copy an old figure and only change the year in the headline.

What changed in 2026

• Pakistan returned to the Forbes list. Sualeh Asif became the first Pakistani citizen on the World’s Billionaires list since Mian Muhammad Mansha in 2010.
• Technology created new wealth. Cursor’s AI software, and the later SpaceX deal, moved Asif’s live Forbes estimate higher through 2026.
• Shahid Khan stayed in the mid-teens of billions on Forbes, led by Flex-N-Gate and NFL valuations.
• Real estate fortunes got harder to rank. Legal pressure around Bahria Town is why we show Malik Riaz without a dollar figure.

For the practical side of Pakistan’s digital economy, see freelancer payment methods in Pakistan and our Business section.

How we checked this list

We checked Forbes Real-Time profiles for Shahid Khan and Sualeh Asif on 3 November 2026, Forbes’ 2026 World’s Billionaires and Forbes 400 / NFL coverage, Sunday Times Rich List 2025 material for Bestway, company context for Nishat / Engro / Bestway, and Dawn reporting on Malik Riaz. Figures we could not trace to a named source were removed. Earlier precise rankings for private fortunes stay out. Updates will follow when Forbes, Bloomberg or The Sunday Times publish clear new numbers. Spot an error? Use our contact page.

FAQ

Disclaimer: This article is for information only. Net worth figures are estimates and can change daily. Descriptions of legal matters are based on published news reports and are not a finding of guilt or liability.

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