Biography of Malik Riaz Hussain of Bahria Town, Achievement, Early Life, Truths, Allegations & Top 20 Interesting Facts
Malik Riaz Hussain is a Pakistani business magnate and philanthropist the founder and chairman of Bahria Town the largest private real estate development company in Pakistan and even in Asia. He is also the founder of the charitable organization Bahria Foundation. He is one of the Pakistan’s richest man.
Biography of Malik Riaz
Early Life
Born in 1958 in a small village of Sialkot in Punjab province. His father was a private contractor, who used to work in the construction industry. His mother was a traditional housewife. Malik Riaz Hussain is the youngest of eight children. Riaz himself started working in construction as a child and eventually started his own business of construction company in the 1980s.
He received his early education at the local religious school. He then attended public schools for secondary and higher education. He didn’t get the chance to go to college and started working at 14 to support his family due to death of his father. At the beginning of his career he served as Military Engineering Service Clerk. He also works as a painter in his free time to earn some extra part-time income. In the 1980s Malik Riaz Hussain won his first major government contract to build a residential complex for government employees. The project was a success and helped Malik Riaz Hussain on the map.
Career in Housing Sector
During the 1980s Malik Riaz Hussain diversified his business interests and entered the real estate development business. He acquired a large piece of land on the outskirts of Islamabad and developed it into a residential area which he named Bahria Town. The town of Bahria soon became one of the most desirable places to in Islamabad. With the success of Bahria Town Rawalpindi Malik Riaz Hussain became one of the most successful property developers in Pakistan.
Bahria Town The Dream Project of Malik Riaz
In the 1990s Malik Riaz Hussain expanded his business empire and Bahria Town became Pakistan’s largest private real estate development company. Malik Riaz Hussain is also involved in other businesses such as hospitality, education and healthcare. He founded many schools and colleges in the Bahria town. State of the art Bahria hospital has also been set up to provide health care to the inhabitants of the Bahria town.
Malik Riaz of Bahria Town, Biography, Facts, Secrets, Scandals, Personal Life & Success
The Bahria town is known for its luxury residential developments, which are among the most expensive in the country. The company has also developed several commercial and residential projects in Islamabad, Lahore and Karachi. His company Bahria Town is now the largest private real estate developer in the Asia continent. Bahria town will build Pakistan’s third largest mosque and tallest building in Karachi.
Charity
In addition to his business achievements Malik Riaz Hussain is also a philanthropist. He established the Bahria Town Foundation to provide free education and medical services to eligible Pakistanis. Malik Riaz Hussain is also a strong advocate for women’s rights and has established several schools and colleges for girls. He opened many dastarkhawans in various cities in Pakistan to provide free lunches and dinners to the poor people. He has helped the Pakistani government in many emergencies such as earthquakes and floods.
Malik Riaz has done a lot for the development of Pakistan. He established many educational institutions, hospitals and welfare organizations. He is also the founder of Pakistan’s leading private university Nazir Hussein University. He donated millions of dollars in various charities and noble causes.
Net Worth of Malik Riaz Hussain
Malik Riaz is one of Pakistan’s most successful businessmen. His net worth is estimated at $2.6 billion. He is one of the richest people in Pakistan and is regularly featured on Forbes list of the richest people in Pakistan.
Allegations
Hussain’s most famous project is “Bahria Town” a large residential development near Lahore that spans over 25,000 acres. The project has been mired in controversy over allegations of corruption and looting of Hussain. However the project is also praised for its high quality buildings and facilities.
Family Life
Hussein is married and her wife’s name is Beena Riaz. The happy couple has 5 children 1 son and 4 daughters. His son Ali Riaz Malik is the general manager of Bahria Town. His wife told Geo News that Malik Riaz was a habitual liar. In the same interview Malik Riaz accepted that he got his cases approved by adding wheels (bribe) to the files, but no one noticed this confession of his.
Scandals
Malik Riaz Hussain is a controversial figure and has been involved in many scandals. He is accused of bribing the Pakistani prime minister to get preferential treatment for his company. He has also been charged with corruption, money laundering and tax evasion. He’s such an influential man that Pakistani media has never broadcast or published any news targeting Malik Riaz or the Bahria town. He is above the law and untouchable personality in Pakistan due to his unlimited wealth and relations in power circle. He has become a king maker and power broker in the country. He loves to interfere in state level affairs to show off his power. The UK NCA’s £190m court settlement is an important example. No one has raised the voice in the media over this strange financial settlement mystery.
Despite controversy, Malik Riaz is one of Pakistan’s most successful businessmen. He is a generous philanthropist, who has donated millions of dollars to charities. He is also one of the largest tax payers in the country.
Personality Traits
Lifestyle of Malik Riaz is very simple. Word impossible does not exist in his dictionary. He takes his new project as a new challenge. He is a perfectionist by nature that’s why he never compromise on quality. He loves to hire best possible talent for his projects. His personality is a mystery for people of Pakistan. He seems to more powerful than state, judiciary, media and parliament as he rules in the power corridors through his puppets. Some people say that he believes that everyone is for sale, we just need to give him offer as per his standard or desire. On the other hand many people think that he will become an agent of change in our society through his charity initiatives.
Malik Riaz knows all the weaknesses of the system. He also knows how to force the system or people in key positions to work as he wants. He also claimed that if he could just let himself go, he alone could pay off all of Pakistan’s debts. He knows the art of handling situations. Some call him robin hood of Pakistan, while others see him as a true Muslim, who likes to help others. It is difficult for us to make any final verdict on this. You can decide for yourself whether he is a two-faced/dual personality or the system is responsible for all the flaws in his character. Students will have to do Phd on his character for throwing lights on its different aspects. But remember that we hate the Malik Riaz but at the same time we want to become rich like him. I think this dual personality syndrome has become our national disease. We hate all rich persons and want to become rich like them without doing hard work. It is the real dilemma of our nation.
Key Features of Bahria Town
Bahria Town is a world-renowned real estate development company that provides clients with a variety of first-class facilities and features. The company has developed many iconic projects in major Pakistani cities with its flagship development. Bahria Town Karachi is one of the largest world’s private gated community.
Some of the key features that make Bahria Town a world-class real estate development project include:
1-An Exclusive Lifestyle:
Bahria Town offers its clients a unique lifestyle unmatched by any other development company in Pakistan. The company offers a variety of world-class facilities like five-star hotels. international standard golf courses, high rise shopping malls, entertainment facilities and many more.
2-Top-Notch Infrastructure:
One of the key features that sets Bahria Town apart from its competitors is its world-class infrastructure. The company has invested heavily in developing state-of-the-art infrastructure that meets international standards of Europe and USA.
Some of the infrastructure development projects undertaken by Bahria Town include the development of world-class sewage treatment systems, its own power plants and desalination plants.
3-High-Quality construction:
Bahria Town is known for its high-quality construction and all its projects are developed using the latest construction techniques and materials. The company has a team of highly skilled and experienced engineers, architects and construction managers to ensure that all its projects are developed to the highest international standard.
4-Timely Delivery:
Bahria Town always strives to deliver projects on time and to complete all projects within the stipulated time frame. The company has a dedicated team of project managers, who work tirelessly day and night to ensure that all of its projects are completed on time and within the planned budget.
5-Transparency and Accountability:
Bahria Town is a highly transparent and responsible company that always keeps clients updated on the progress of their projects. The company has a dedicated customer service team ready to answer any questions customers may have in their minds.
These are just some of the key features that make Bahria Town a world-renowned real estate development company. Bahria Town is perfect if you are looking for a world-class development company that can offer you a unique lifestyle first-class infrastructure and high-quality construction.
Top 20 Interesting Facts About The King Without a Throne Malik Riaz
1-Malik Riaz has more than 60000 employees. He is not a don but not less than a don.
2-His father died when he was just 10 years old and he had to start working to support his family.
3-Despite having very little formal education, Malik Riaz was a quick learner and soon started his own business.
4- Malik Riaz worked as a labourer and later as a clerk in a government office.
5-Malik Riaz is a role model for Pakistani youths and is often referred to as the “Pakistani Bill Gates”.
7-Malik Riaz is a strong supporter of Pakistan’s military and has done a lot of work for the welfare of Pakistan’s armed forces personnel.
8-He has also served on the Board of Governors of the Institute of Business Administration (IBA), Karachi & LUMS Lahore.
9-Malik Riaz has good relations with all political leaders of Pakistan. In facts he knows very well that which relation should be used on which occasion.
10-Chaudhary Nisar is considered as the one and only opponent of Malik Riaz.
11-Malik Riaz also bought the Jinnah newspaper and then gifted it to Khusnud Ali Khan. He also bought the Aap news channel but later he shut it down.
12-Malik Riaz is very near to Asif Ali Zardari and Imran Khan. He has played the role of messenger between these two leaders.
13-Malik Riaz gives funding to political parties for securing his future.
14-He hires the retired judges and army officers in Bahria town on high wages for getting unfair advantages with the help of their influence in the system.
15-Malik Riaz’s planted interview on Dunya news was exposed by geo news few years before.
16-Malike Riaz helped paid the fine of Raymond Allen Davis just for pleasing his friends in agencies.
17-Malik Riaz is not accountable in Pakistan as he is a king without throne.
18-He believes that he is a honest person and system forced him to use unfair means for his survival.
19-Malik Riaz gifted diamonds and land to Imran Khan for helping in escaping form UK NCA’s £190m court settlement case.
20-Malik Raiz and his son can not enter in UK due to money laundering charges.
Last but not least Malik Riaz know the many secrets of power corridors, if in future he will write his auto-biography, i assure you that it will become best seller book in few days. Dr Abdul Rasheed has written his biography with the name of “The Hidden Truth”.
Final Words
Malik Riaz Hussain of Bahria town is one of the most successful and influential businessmen in Pakistan. He is a true self-made man, who has risen from humble beginnings to become one of the richest and most powerful men in Pakistan. He is an inspiration to all Pakistanis youngsters who are in struggling age and is proof that anyone can achieve their dreams, if they are willing to work hard for it.
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