Malik Riaz
| Malik Riaz Hussain Awan | |
|---|---|
| Born |
8 February 1954 Sialkot, Pakistan |
| Residence | Islamabad, Pakistan |
| Nationality |
 Pakistani |
| Citizenship |
Pakistan |
| Occupation | Chairman Bahria Town |
| Net worth |
 USD $1 billion(2011) |
| Religion | Muslim |
| Spouse(s) | Beena Riaz Awan |
| Children | Four daughters and one son, Ali Riaz Awan (CEO of Bahria Town) |
Malik Riaz Hussain (Urdu: ملک ریاض حسین) (born in Islamabad on February 8, 1954), is a Pakistani business magnate, philanthropist and a real estate investor who founded and owns Bahria Town, which is Asia's largest private real estate company. [1][2]
Due to his private nature of his assets Hussain's net worth has been subject to several estimations, these put his assets between $2 billion and $10 billion, which makes him one of Pakistan's wealthiest people. Hussain was born into a family of modest means, and was often troubled financially. He started working as cleric at the age of 19 and eventually launched his own business, after borrowing a mere Rs 1500.00 (the equivalent of US $ 14.00).[3][4] He became a contractor during the 1980s.[3]
Hussain's extraordinary success has invited many speculations and controversies; these have made Hussain one of Pakistan's most public and debated figures. [5] Hussain has made significant contributions towards philanthropy, be it in constructing hospitals or houses.[6][7]
References
- ↑ Bahria Town Karachi: Projects received overwhelming response
- ↑ Housing projects: Real estate sector sees potential recovery
- ↑ 3.0 3.1 Awan "Malik Riaz Hussain Awan". Pakistani Leaders. Retrieved June 14, 2012.
- ↑ "12th Richest person of Pakistan". Pakistan Today. June 13, 2012. Retrieved June 14, 2012.
- ↑ Profile: Malik Riaz Hussain DAWN.COM
- ↑ Malik Riaz offers to reconstruct homes destroyed in earthquake
- ↑ Malik Riaz inks $20bn deal with US business tycoon