Mian Muhammad Mansha

Chairman of the Nishat Group and MCB Bank; long Pakistan’s richest man. A masterclass in reading — and working — the state in a developing economy.

Born in Chiniot, Punjab, in 1941 into a trading family; educated in Faisalabad and London. Took over the family textile business in 1969 and built Nishat Mills into Pakistan’s largest industrial group. Acquired Muslim Commercial Bank (MCB) in the 1991 privatisation, then diversified into cement, power, insurance, and autos. The first Pakistani on the Forbes billionaires list (2010).

Notable achievements

• Built Nishat Mills into Pakistan’s largest textile group.
• Acquired and ran MCB Bank into one of Pakistan’s most profitable banks.
• Diversified into cement, independent power, insurance, and auto assembly.
• First Pakistani on the Forbes billionaires list (2010).

Find them online