Malik Riaz Hussain Bahria Town

Malik Riaz hussain is a Pakistani Business tycoon, investor and the 7^th richest man in the country. He is the chairman and founder of the famous Bahria town which is the biggest privately owned real estate Development Company in Pakistan. Apart from being a businessman, he is also one of the most renowned philanthropists in the country and contributed in several charitable works across various cities of Pakistan.

Early life and career

Malik Riaz Hussain was born on February 8, 1954 and there are a number of people who believed that he was raised in a rich family. Still it was evident that his family went through a rough patch of financial crisis in his childhood years and his father’s business collapsed all of s sudden whilst making him bankrupt in the process .This is why Riaz has to start his career as a clerk in a construction company in Rawalpindi and that was where he get to learn all the ins and outs of the construction business .In the year 1980, Riaz became a contractor and he went on to start his own construction company by 1995 under the name Hussain Global. Moreover, his company signed an agreement with the Bahria foundation (Pakistan’s navy charitable trust) within the same year in order to build a gated community for the Pakistan navy.

Current business stature

Malik Riaz further prolonged his real-estate business and developed several gated communities in cities like Karachi, Lahore and Islamabad during the 2000s which included a total area of 45,000 square acres to be developed .By the year 2003, Bahria got over 60,000 employees on board, which further made it the largest private employer in Pakistan. On the other side, Bahria Town Karachi, also owned by Malik Riaz, has been quoted as one of the biggest private projects in the Asian region.