Table: Nawaz Sharif’s Net Worth Details
| Details | |
|---|---|
| Net Worth | $1.6 billion |
| Salary | Not Available |
| Birthdate | December 1949 |
| Birthplace | Lahore, Punjab, Pakistan |
| Gender | Male |
| Height | Not Available |
| Profession | Pakistani Politician |
| Nationality | Pakistani |
What is Nawaz Sharif’s Net Worth?
Nawaz Sharif is a Pakistani politician who has amassed a net worth of $1.6 billion. His wealth originates from his successful political career and ownership of the Ittefaq Group, a prominent business conglomerate. Throughout his career, he served as the Prime Minister of Pakistan three times in non-consecutive terms. Despite controversies surrounding his finances, Sharif remains one of the richest individuals in Pakistan and is often referred to as the “Lion of the Punjab”.
Highlights
– Nawaz Sharif has a net worth of $1.6 billion.
– He served as the Prime Minister of Pakistan three times.
– Sharif is associated with the Pakistan Muslim League-Nawaz party.
– He owns the Ittefaq Group, a leading business conglomerate.
– Sharif is among the wealthiest individuals in Pakistan.
Early Life
Nawaz Sharif was born in Lahore, Punjab, Pakistan in December 1949. From a young age, he showed a keen interest in politics. Sharif ventured into the political landscape in 1985 when he assumed the role of Chief Minister of Punjab. This marked the beginning of his rise to prominence within the political sphere of Pakistan.
Career
Sharif’s career is defined by his involvement in Pakistani politics. After serving as Chief Minister of Punjab from 1985 to 1990, he took on the role of Leader of the Opposition from 1993 to 1996. During this time, he also held the position of acting Minister of Finance, showcasing his capabilities in key governmental roles.
In 2011, Sharif became the leader of the Pakistan Muslim League and went on to serve as Minister of Defense in 2013. Subsequently, he was elected as the 18th Prime Minister of Pakistan for his third term in office.
Aside from his political endeavors, Nawaz Sharif has significant stakes in the Ittefaq Group, a conglomerate involved in diverse sectors including steel, sugar, and textiles. His ownership of this business empire contributes substantially to his net worth.
Personal Life
Nawaz Sharif is known for maintaining a private personal life. He is married to Kulsoom Nawaz Sharif and has four children. His daughter, Maryam Nawaz Sharif, also plays an active political role and has been seen as his successor within the Pakistan Muslim League-Nawaz party.
Net Worth Over Time
Nawaz Sharif’s net worth has experienced fluctuation throughout his political career. However, his involvement in various sectors, including politics and business, has consistently contributed to his wealth accumulation. Despite financial controversies and allegations of corruption, Sharif’s net worth remains substantial.
Components of Net Worth
There are several components that contribute to Nawaz Sharif’s net worth:
1. Political Career: Sharif’s successful political career, serving as the Prime Minister and holding various governmental roles, has provided him with significant wealth and influence.
2. Ittefaq Group: As the owner of the Ittefaq Group, Sharif possesses shares in diverse sectors such as steel, sugar, and textiles. The group’s success contributes significantly to his overall net worth.
3. Real Estate: Sharif has investments in real estate, further enhancing his wealth portfolio.
4. Other Business Interests: Aside from Ittefaq Group, Sharif’s net worth is bolstered by his involvement in other business ventures.
In conclusion, Nawaz Sharif’s net worth of $1.6 billion primarily stems from his political career and ownership of the Ittefaq Group. Sharif’s long-standing affiliation with the Pakistan Muslim League-Nawaz party and his business ventures have solidified his status as one of the wealthiest individuals in Pakistan.