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Textile tycoon Mian Muhammad Mansha of the Nishat Group has become the first Pakistani
LAHORE: Textile tycoon Mian Muhammad Mansha of the Nishat Group has become the first Pakistani to enter the Forbes worlds billionaires list for 2010, a private news channel reported on Thursday. Mansha has been officially recognised and ranked at number 937 on the Forbes list with an estimated net worth of $1 billion. The Nishat Group is Pakistans largest private sector employer and the biggest exporter of textile products. He sold more than half of his shares in a bank ( MCB ) for $900 million in 2008. Mansha is one of the 97 newcomers to the list,
out of which 62 are from Asia.
daily times
LAHORE: Textile tycoon Mian Muhammad Mansha of the Nishat Group has become the first Pakistani to enter the Forbes worlds billionaires list for 2010, a private news channel reported on Thursday. Mansha has been officially recognised and ranked at number 937 on the Forbes list with an estimated net worth of $1 billion. The Nishat Group is Pakistans largest private sector employer and the biggest exporter of textile products. He sold more than half of his shares in a bank ( MCB ) for $900 million in 2008. Mansha is one of the 97 newcomers to the list,
out of which 62 are from Asia.
daily times