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The Pakistan's Billionaires 2010

 

Saddaruddin Hashwani is Chairman

Home >> World Richest >> Saddaruddin Hashwani is Chairman

Saddaruddin Hashwani is Chairman
Hashoo Group is known for his dominance in Pakistan 's hotel industry,
though Hashwanis are have huge strength in real estate business too.

Hashwanis are involved in trading of cotton, grain and steel and till
the nationalization of cotton export in 1974, they were widely being
dubbed as the Cotton Kings of Pakistan. Today, this group has excelled
in export of rice, wheat, cotton and barley. It owns textile units,
besides having invested billions in mines, minerals. hotels,
insurance, batteries, tobacco, residential properties, construction,
engineering and information technology. In 1984, Hashwani defeated the
Lakhanis in the bid for Premier Tobacco but was arrested along with
his brother Akbar in 1986 for allegedly evading customs duty on
cigarettes. Sadarduddin' s brother Akbar and the children of another
late brother Hassan Ali Hashwani together ma nage around 45 companies.
Akbar runs the second Hashwani Group. He is one of the most well-known
magnates in Pakistan who is a regular invitee at the Diplomatic
Enclave. The list of local and international bigwigs known personally
to Hashwani is unending

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