There is no single reliable public ranking of these people’s personal fortunes: EPBD’s Wealth Perception Index 2025 ranks business groups and reports group-level valuations, not individual net worth. Its listed-group sequence offers a dated guide to prominent names, but several entries are institutions or people associated with a group rather than its sole owners.
The 12 names in EPBD’s listed-group order
The figures below are the market capitalization and group equity value reported in EPBD’s Wealth Perception Index 2025. They are not estimates of the named person’s personal wealth. EPBD dates the Fauji Foundation valuation snapshot to August 9, 2025; the report’s figures should be read as dated report values, not live October 2026 valuations. EPBD’s report.
| Order | Person or group named | Associated group | Market capitalization | Group equity value |
|---|---|---|---|---|
| 1 | Fauji Foundation; chairman Lt. General Anwar Ali Hyder (retired) | Fauji Foundation | $5.904 billion | $2.520 billion |
| 2 | Sir Anwar Pervez | Bestway/UBL Group | $4.513 billion | $3.620 billion |
| 3 | Muhammad Ali Tabba | Yunus Brothers/Lucky Group | $2.591 billion | $1.887 billion |
| 4 | Mian Muhammad Mansha Yahya | Nishat Group/MCB | $2.390 billion | $734 million |
| 5 | Hussain Dawood | Engro Holdings | $2.399 billion | $920 million |
| 6 | Riyadh Edrees | Meezan Bank | $2.386 billion | $840 million |
| 7 | Arif Habib | Arif Habib Group | $1.578 billion | $601 million |
| 8 | Sultan Ali Allana | Aga Khan Fund/Habib Bank Limited | $1.565 billion | $954 million |
| 9 | Shuaib A. Malik | Attock Group | $1.350 billion | $840 million |
| 10 | Nasir Mehmood Khosa | British American Tobacco/Pakistan Tobacco | $1.245 billion | $1.183 billion |
| 11 | Sultan Ali Lakhani | Lakson Group | $1.203 billion | $727 million |
| 12 | Rafiq M. Habib | House of Habib | $1.176 billion | $840 million |
Values in the table are the report’s figures; the sequence follows its overview and is not a ranking of personal net worth. The first entry is a foundation rather than an individual owner.
What the two valuation measures mean
Market capitalization
Market capitalization is the market value of a company’s publicly traded shares. It can move as share prices change and is not the same as the cash or assets owned by an individual associated with that company.
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Group equity value
Group equity value is the separate group-level measure reported by EPBD. It should not be relabeled as an owner’s personal net worth. The two columns can differ substantially: for Bestway/UBL, for example, the index lists $4.513 billion in market capitalization and $3.620 billion in group equity value.
Why this is not a personal-wealth ranking
The names are connected to companies, banks, foundations, or conglomerates, but a group valuation does not disclose how much of that value belongs personally to a particular person. Ownership stakes, family holdings, liabilities, private assets, and the interests of other shareholders all matter to a personal-wealth calculation.
Other coverage mixes categories such as investments, group rankings, assets, and reported individual net worth; those figures cannot be compared as if they measured the same thing. Profit’s August 15, 2025 coverage describes EPBD’s report as covering 20 public-listed groups and 20 private groups, while reinforcing that its valuations concern groups rather than a consistent personal-fortune table. Profit’s coverage of the index.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How to read the list in 2026
Use the 2025 index as a snapshot of the groups and names it features, not as a current October 2026 leaderboard or a precise answer to who has the largest personal fortune in Pakistan. Its public-listed order is useful for comparing reported group measures, provided those measures remain distinct from personal wealth.
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