Wealth Index 2025: Fauji Foundation Tops List of Pakistan’s 40 Leading Business Groups

Lahore: The Economic Policy and Business Development think tank has unveiled its Wealth Perception Index 2025, naming Fauji Foundation as the leading business group in Pakistan with a market capitalization of $5.9 billion—60% of which is publicly owned.

The report highlights the Top 40 business groups driving Pakistan’s economy, noting their crucial role in GDP growth, employment generation, and tax contributions.

Top Business Figures and Groups

According to the index, Sir Anwar Pervez ranks as Pakistan’s top individual businessman with $3.5 billion in equity investments, followed closely by other notable figures. Syed Babar Ali was ranked as the top leader among private business groups, reflecting his long-standing contribution to Pakistan’s corporate landscape.

Among the 20 listed corporations, the top five include:

1. Fauji Foundation – $5.9 billion

2. Bestway Group (Sir Anwar Pervez) – $4.513 billion

3. Group led by Muhammad Ali Tabba – $2.591 billion

4. Mian Muhammad Mansha – $2.399 billion

5. Hussain Dawood – $2.390 billion

Other influential names in the top 40 include: Riaz Idris, Arif Habib, Sultan Ali Allana, 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.

Private Billionaire Groups

In the ranking of billionaire-led private business groups, Syed Babar Ali secured the top position. Other prominent individuals include:

• Fawad Mukhtar

• Mian Abdullah

• Sardar Yasin Malik

• Dr. Gohar Ejaz

• Habibullah Khan

• Mir Shakil-ur-Rehman

• Syed Muhammad Javed

• Aqeel Karim Dhedhi

• Bashir Jan Muhammad

• Mian Amer Mahmood

• Nasreen Mehmood Kasuri

• Jahangir Tareen

• Peer Muhammad Dewan

• Yaqoob Ahmed

• Aleem Khan

• Mian Ahsan

• Ashraf Mucatee

• Shahid Soorty

• Nadeem Malik

Experts Urge Policy Support for Business Growth

The report underscores the importance of these 40 groups in stabilizing and advancing Pakistan’s economy. Economists note that with stronger public-private partnerships and business-friendly policies, these groups could unlock new levels of industrial growth and job creation.

“Industrial development is key to national prosperity,” the report says. “Pakistan has immense business talent. What’s needed now is policy consistency, regulatory ease, and strategic collaboration.”

Business leaders echoed these views, calling for reforms in business regulations and the removal of barriers that currently hamper growth.

Deputy PM Emphasizes Collaboration

Deputy Prime Minister Ishaq Dar praised the think tank’s initiative and emphasized the importance of long-term, sustainable policies. “Strong collaboration between the government and business groups can transform Pakistan’s economic destiny,” he said.

Drawing comparisons with South Korea and Japan, Dar pointed out how government support for major business groups led to national prosperity in those countries.