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Muhammad Arif Habib (Urdu pronunciation: [ˈaː.rɪf ha.ˈbiːb] AA-rif hah-BEEB; b. 1953) is a Pakistani stock trader who founded the Arif Habib Group. [ 1 ] [ 2 ] He also serves as member of Boards of Governors of Karachi School of Business and Leadership (KSBL).
Rank Name Net worth () As of Source(s) of wealth 1: Shahid Khan: $14.8 billion: 2025: Jacksonville Jaguars, Fulham F.C., Flex-N-Gate LLC, Toronto Four Seasons, All Elite Wrestling
In 2009, Arif Habib sold the bank to Suroor Investments for Rs. 2.7 billion (US$32.5 million) which then merged with Atlas Bank and Mybank to form Summit Bank. [ 3 ] In 2010, Arif Habib merged its investment arm, Arif Habib Investments, with MCB Asset Management to form the MCB-Arif Habib Savings and Investments Limited.
Here's the net worth you need in 2025 to rank in the top 25%, 10%, 0.1% of Americans — how do you stack up right now? Chris Clark. January 16, 2025 at 7:02 AM.
In 1921, his four sons joined the business, and Habib & Sons was established, which eventually transformed into today's HBL Pakistan or Habib Bank Limited. [1] [6] The House of Habib occupies a significant place in Pakistan's early history. Habib Bank was relocated to Pakistan at the personal request of its first Governor General Mohammad Ali ...
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The 10% tariff on China is a tax on about $427 billion worth of goods. That already exceeds the various tariffs Trump imposed during his first administration on roughly $380 billion of foreign ...
Later in 2010, Arif Habib Bank Ltd. was rebranded under the name of Summit Bank Ltd. [9] Suroor Investments Ltd. acquired the majority shares of Atlas Bank Ltd. and MyBank Ltd. [ 10 ] and these banks were later on came under the umbrella of Summit Bank Ltd., [ 11 ] increasing the network of the bank to over 193 branches in the country.