Malik Riaz came from a wealthy family in Pakistan, but his father's contracting business collapsed when he was 19. He started his career as a low-level clerk and struggled financially early in his marriage. In the late 1970s, a friend loaned him money to start his own contracting business, which he worked tirelessly to grow. In the 1990s, he launched Bahria Town, Pakistan's largest private real estate developer. Today, Malik Riaz has a net worth of $800 million and is one of Pakistan's wealthiest individuals. He is known for his philanthropic initiatives, pledging to donate 75% of his wealth, and is considered an exemplary entrepreneur for his perseverance, business ac

1. Ali HaiderM.Sc. Accounting & Finance
MAF-15-46 (2015-17)
Department of Commerce,
Bahauddin Zakariya University,
Multan

2. Malik Riaz Hussain
CHAIRMAN OF BAHRIA TOWN

3. Background of Malik Riaz
Malik Riaz belonged to a wealthy family, his father’s contracting business collapsed when he
was just 19. By that time, he began his career as a ‘lowly clerk’ in Islamabad. Although there is
no information available on his educational stream, some close to the entrepreneur say that he
is a real intelligent person. He has been so poor during the initial years of his marriage that he
did not have money to purchase medicine for his infant daughter. According to him, he never
forgets being poor and that keeps him modest and generous. In the late1970s, he was given
loan by a friend to invest in contracting business. Riaz worked day and night for the success of
his business and proved himself as a great businessman. With the passage of time, his business
and experience grew and he moved
onto Malaysia for further projects. During his stay at Malaysia, he decided to introduce a world
class luxury housing society in Pakistan and in the year 1996, he launched Bahria Town.

4. Net Worth
Malik Riaz is officially one of the
wealthiest Pakistani's with a net worth
estimated at USD 800 million.
Philanthropy
Following the devastating floods in
Pakistan that took place in 2010,
Malik Riaz pledged to give away 75%
of his wealth to the country. He urged
fellow wealthy Pakistani's to do the
same and even wrote letters to 100 of
the richest individuals in
Pakistan. Because of his philanthropic i
nitiatives, he is being dubbed as the
Warren Buffett of Pakistan

5. Malik Riaz as an Entrepreneur
When it comes to entrepreneurship, Malik Riaz is one of the names that
come to the minds of many. In fact, Entrepreneurship has itself found new
meanings in the personality of Mr. Malik Riaz. He attributes his success to
his hard work and faith in Allah. According to him, he sets aside 2.5% of
the profits and disburses to the charity.

6. Bold and Confident
A “never, never, never quit” Attitude
Always seeks Personal Satisfaction
Manages Money Wisely
Knows his Customers
Entrepreneurial
Traits

7.  Bold and Confident
No matter what it takes, Mr. Malik Riaz would always stand by his words.
We have a practical example for this. Mr. Riaz wanted to make Bahria
Town a trusted corporation and he has always been partnering with
conglomerates like DHA and Starwood Resorts to enhance credibility.
 A “never , never, never quit” Attitude
Riaz’s never-quit attitude is one of the most prominent reasons behind his
success. When he began operation in Pakistan, he was forced to give up by
political, economic and competitive forces. But then, he found his way in
the interests of both the country and its politicians.

8.  Always seeks Personal Satisfaction
• Mr. Malik Riaz would always do things which he enjoys and once he's
finished, he achieves personal satisfaction. The whole Bahria Town
project was no less than a dream to him and he has done his very best
to realize it.
 Manages Money Wisely
• Although he has not taken formal accounting education, Riaz is too good
with numbers. He keeps himself updated with the real estate market and
manages his money in the most appropriate manner. For instance, when
Riaz was about to launch Bahria Homes (8 Marla Houses), he asked all
the Safari Home owners to sell their homes back to him at two times of the
purchasing price. The owners did and he launched those Bahria and Safari
Homes at five times of the original price. He is an expert when it comes to
cash/money management.

9.  Knows his Customers
Malik Riaz understands the psyche of Pakistani customers. He
knows that the ultimate dream of a Pakistani national is to have a
house of his own and his housing

10. Thank You