List of Pakistan’s Top 40 Business Groups Released – Fauji Foundation Ranked First
Lahore (Web News)
The Economic Policy and Business Development Think Tank has released the list of Pakistan’s top 40 business groups, in which Fauji Foundation has secured the number one position with a market capitalization of $5.9 billion, 60% of whose shares are held by the public.
According to the Wealth Perception Index 2025, with equity investments of $3.5 billion, Sir Anwar Pervez is recognized as the country’s number one businessman, while among private business groups, Syed Babar Ali has been ranked first.
As per this list, among the 20 public listed groups and corporations:
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Fauji Foundation ranks first with a market capitalization of $5.9 billion,
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Bestway Group of Sir Anwar Pervez is second with a market capitalization of $4.513 billion,
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Muhammad Ali Tabba Group is third with $2.591 billion,
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Mian Muhammad Mansha is fourth with $2.399 billion,
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Hussain Dawood is fifth with $2.390 billion.
Other names on the list include Riaz Idris, Arif Habib, Sultan Ali Alana, Sohaib Malik, Nasir Mahmood Khosa, Sultan Ali Lakhani, Rafiq Muhammad Habib, Sheikh Mukhtar Ahmed, Iftikhar A. Shirazi, Amir Paracha, Aizaz Hussain, Abbas Habib, Muhammad Maqsood Ismail, Tariq Syed, and Jahangir Siddiqui.
On the other hand, among Pakistan’s 20 billionaire business groups, Syed Babar Ali ranks first, while the list also includes Fawad Mukhtar, Mian Abdullah, Sardar Yasin Malik, Dr. Gohar Ejaz (Hilal-e-Imtiaz, Sitara-e-Imtiaz), Habibullah Khan, Mir Shakil-ur-Rahman, Syed Muhammad Javed, Aqeel Karim Dhedhi, Bashir Jan Muhammad, Mian Amir Mehmood, Nasreen Mahmood Kasuri, Jahangir Tareen, Pir Muhammad Dewan, Yaqoob Ahmed, Aleem Khan, Mian Ahsan, Ashraf Moqate, Shahid Soortey, and Nadeem Malik.
The report states that these 40 billionaire business groups are essentially the backbone of Pakistan’s economy. They play a vital role in providing employment, improving GDP, and contributing to tax revenues. If the government provides these business tycoons with greater support and favorable policies, they could not only stabilize the economy in the future but also create millions of jobs and better livelihood opportunities.
According to economic experts, industrial growth is the key to national prosperity, and Pakistan possesses unmatched business talent. If the government and private sector work together, they can unleash the country’s true economic potential.
The business community expressed confidence that Pakistan’s future is bright, saying: “Together, we can build a prosperous nation as envisioned by the founders. Opportunities should be created to strengthen public-private partnerships, ease business operations, and eliminate restrictive policies and legislations that burden business groups.”
Deputy Prime Minister Ishaq Dar emphasized that the country urgently needs long-term policies, and that the government and business groups together can transform Pakistan’s destiny. He appreciated the initiative of the Economic Policy and Business Development think tank.
It is worth noting that when governments support business groups with effective policies, the whole nation prospers. Such examples are evident in South Korea and Japan. Pakistan must adopt similar policies to ensure sustainable economic progress and national prosperity.