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10 Richest People of Pakistan
By siliconindia
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Saturday, 05 November 2011, 00:08 IST
Rafiq Habib and Rasheed Habib
Rafiq Habib and Rasheed Habib are at the 8th position worth of $720 million. He is also a businessman. Habibs own atleast 100 companies throughout the world. This industrial group was founded by Seth Habib Mitha, born in 1878 to Esmail Ali a factory owner in Bombay.
They incorporated the Habib Bank in 1941. They own the Habib Bank A.G Zurich, Bank Al-Habib, Indus Motors assembling Corolla cars and many dozens of units in sectors such as jute, paper sack, minerals, steel, tiles, synthetics sugar, glass, construction, concrete, farm autos, banking, oil, computers, music, paper, packages, leasing and capital management. Habibs today are headed by Rafiq Habib and Rashid Habib in two distinct groups.
