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10 Richest People of Pakistan
By siliconindia
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Saturday, 05 November 2011, 00:09 IST
Farooqui
Farooqui is worth $400 million and has been the Sindh Minister for local bodies. Industries, Labour, Transport, Mines and Minerals. Dewan Mushtaq Group is one of the Pakistan's largest industrial conglomerates in sectors like polyester acrylic fiber, manufacturing and automotives.
Six of their companies are listed at the Karachi and stock exchange and one at the Luxembourg. Dewan Farooqui Motors assembles around 10,000 cars annually under technical license agreement with Hyundai and Kia Motors of Korea.
The group owns three material units, a motorcycle manufacturing concern and the largest sugar unit in the country. Dewans also have business interests in India. They possess millions of shares of Saudi Cement and Pak land Cement. They also have the franchise licence for BMW in Pakistan and now Rolls Royce showrooms.
