Nawaz Sharif, a prominent Pakistani politician and former Prime Minister, has built a significant fortune over the years. His wealth stems from his family’s business empire, political career, and investments. Here’s a detailed look at Nawaz Sharif net Worth estimated net worth and the sources contributing to his wealth.
Estimated Net Worth
Rs. 1.82 billion ($17.5 million)
According to a 2013 election affidavit, Nawaz Sharif declared his net worth as Rs. 1.82 billion. This included:
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- Agricultural properties valued at Rs. 1.43 billion (over 1,700 kanals of land).
- A house in Upper Mall, Lahore, worth Rs. 250 million.
$1.4 to $1.6 billion
Some independent sources, including Celebrity Net Worth and Global Village Space, estimate his net worth to be between $1.4 billion and $1.6 billion. These figures highlight his vast business interests and properties.
$4 billion (Outlier Estimate)
According to Gateway House, his family’s conglomerate, the Sharif Group, could place his net worth at around $4 billion. This figure, however, is higher than most other estimates and should be taken cautiously.
Sources of Wealth
Sharif Group
Nawaz Sharif’s family owns and operates the Sharif Group, a business conglomerate with interests in:
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- Steel (Ittefaq Group)
- Sugar
- Textiles
- Paper
- Engineering
Real Estate
His notable properties include:
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- Raiwind Palace in Lahore.
- A residence in Jeddah, Saudi Arabia.
- Other undisclosed properties within Pakistan and abroad.
Political Influence
As a three-time Prime Minister of Pakistan, Nawaz Sharif has been a key figure in shaping the country’s economy and policies. His political influence is often linked to his ability to expand his business empire.
Controversies Around Wealth
Nawaz Sharif has faced multiple accusations of corruption and financial impropriety. The Panama Papers leak in 2016 implicated him and his family in offshore companies and unaccounted wealth. This led to his disqualification from office in 2017 by the Supreme Court of Pakistan. Despite this, his family has consistently defended their wealth as legitimate and rooted in long-established businesses.
