Pakistani Billionaire in Forbes
Have you ever heard the name Muhammad Mian Mansha? If no, then I think I should refer first to his companies, inlcuding, MCB Bank, Adamjee Insurance etcetera. This list is too long and we will discuss it some other time.
Forbes, last night released the list of billionaires and for the first time in history a Pakistani, Muhammad Main Mansha made into that list. Yesterday we reported about a Pakistani Scientist who is a glory for us and now we are more proud of a Pakistani Businessman. Mansha is involved in almost every industry including Cement, Power, Textile (GAP is the brand of his textile company) and banking.
Complete list of billionaires is available here.
Copyright www.pakistanacca.com, 2010
Comments (5)
I guess wikipedia has got some standards and ethics. Check the last years forbes list his worth is mentioned at 4.5 billion ofcourse $. do correct me if i am wrong
Mian Mohammad is known to very one….he ran the political compaing of nazaz sharif and when he became PM in reward he(mansha)was given MCB is return of his expendiute in that compaing and it should not be surprising that he got MCB even less that the cost of its furniture…
now he was buying RBS a political worker from PPP tried to stop the deal bcz he didn’t complay with the regulatons full but bcz PMLN in his pocket the tried to influence PPP govt. through Khawaja Asif PMLN MNA from Sialkot……..so he is a billlionair but he should also be held accounted for his wealth making compaing by political influencesssssssss
Omar, you are right about the figures in fact Malik Riaz Hussain is also mission from the list despite he is a well known billionaire. But Forbes claim that they have their own standards of measuring wealth and they are trusted in market.
As far as the Wikipedia in concerned, its not completely accurate. In Wikipedia, you might find that CANADA is in ASIA :-p
Mustansar, I won’t go in any political debate but there is one thing that we should encourage is the production of entrepreneur from our universities and colleges. Like, if you go through the complete list of Forbes Billionaires, you will find young universities graduates from Harvard and others.
And all of them are billionaires because of their college projects like Google or Facebook.
[...] will not be out of place to mention that previously MCB had secured the deal to acquire 99.37% stake in RBS Pakistan for US$87million or Rs7.3billion Rs4.22/share. However, the [...]