A Billionaire's Story

He was born in a wealthy family of Chiniot in +lahore, +Pakistan. He enjoyed an early business education in a top university of London. His father died when he was just 22. All the responsibilities of family and business came to him then 1969 he negotiated with his uncles for his father’s business. He chosen +Nishat Textile Mills in Faisalabad and surrender his financial stake in factories situated in East Pakistan. On this decision making he was perceived as a weak person who could not for his rights.

Only after a year or some days more in 1971 +Islamic Republic Of Pakistan اسلامي جمہوريہ پاکستان  has been divided and East Pakistan has become a country named as +Bangladesh today. All of his uncles lost their properties when East Pakistan became Bangladesh and all those criticized him were shocked over his farsightedness.

This young boy became the CEO of Nishat Textile Mill which is now the largest textile mill of Pakistan and this single factory has become a most diverse business group of the South East Asia with assets of over 300 million and ranked among the top five business houses of Pakistan. The group has a stiff existence in textile, cement and financial services businesses which are the main businesses of the region. It’s also holds a sensible market stake in the fields of insurance, power generation, paper products and aviation.  

The name of this ambitious and visionary industrialist is Mian Muhammad Mansha, in 1970 he was claimed as 15^th wealthiest person and 6^th wealthiest in 1990 in Pakistan, today he is in the top. In 2010 he is listed by +Forbes in the world’s main Billionaires. He is the first Pakistani who appeared as 937^th wealthiest person in the world.

He adopted an autocratic leadership style. He has taken all the strategic decisions personally. He keeps an eye on every company of +Nishat Group by having a meeting of few minutes with 20-30 managers of each company every day. He never let any opportunity go in vain he took of advantage of privatization process by government  and purchased many organizations included +Muslim Commercial Bank, +DG Khan Cement. 

He acclaimed as the greatest exporter of Pakistan. He is the model for Pakistani companies to move on the world stage. He is very confident about future of Pakistan and believes creating more jobs for the young people is the best way to resolve economic as well as terrorism issues. In June 2010 he discussed about how +US can contribution in Pakistan’s infrastructure and development with the high profile US delegation lead by senior economic advisor of President Obama, David Lipton.  He is awarded Sitara-e-Imtiaz in 2004 for his remarkable accomplishments in business industry and his commitments to Pakistani economy. He has expanded his business from agriculture to power generation.