Success Story of 7th Richest Man in Pakistan A Motivational Story

  • 6 years ago
Success Story of 7th Richest Man in Pakistan A Motivational Story
Malik Riaz Hussain (Urdu, Punjabi: ملک ریاض حسین‬; born February 8, 1954) is a Pakistani businessperson and billionaire. He is the founder and chairman of Bahria Town, the largest privately held real estate development company in Asia.[2][3] Riaz is currently the 7th richest person in Pakistan, with an estimated wealth of over a billion US$. He is one of Pakistan's most prominent philanthropists.[4][5]

Born in Sialkot into a wealthy family which went bankrupt during his adolescence. Riaz started his career as a clerk with a construction company in Rawalpindi. In the 1980s Riaz moved to become a contractor, and in 1995 was contracted to develop a gated community for Pakistan Navy. The contract was eventually terminated, but Riaz went on to develop Bahria Town Rawalpindi.[6][7]

He expanded his real-estate company and developed gated communities in Karachi, Lahore and Islamabad during the 2000s, developing a combined area of 45,000 square acres.[8] As of 2016, Bahria has 60,000 employees, making it one of the largest private sector employers in Pakistan.[9] Riaz is a controversial figure and has been subject of several corruption investigations.[10][11][12] Bahria Town Karachi is the biggest private project of Asia, which is also owned by Malik Riaz.
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