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HomeEducationWho is 'Dawood Family', one of the richest families in Pakistan?

Who is ‘Dawood Family’, one of the richest families in Pakistan?

The Dawood family is one of the wealthiest families in Pakistan. They have diverse business interests and are known for their philanthropy. One prominent member of the family was Shahzada Dawood, a Pakistani businessman and philanthropist who was the vice-chairman of Engro Corporation. Tragically, he passed away in a submersible accident in 2023 while on a tourist expedition to view the wreck of the Titanic. The family has made significant contributions to various industries and has a strong presence in Pakistan’s business landscape.

Ahmed Dawood
DAWOOD FOUNDATION

The Dawood family started the business by putting clothes on a rudder

The Dawood family business roots trace back to the early decades after the independence of Pakistan. Founded by Seth Ahmed Dawood, the family-business, known as the Dawood Group, started its activities in 1948. Initially, it began from a small office and a shop in Karachi, which gradually grew into a vast conglomerate encompassing diverse businesses and industries.

Ahmed Dawood, one of the country’s senior industrialists, was the driving force behind the family business, and by 1933, his firm became the largest supplier of imported yarn to the textile mills in India. After the partition, he migrated with his three brothers – Suleman Dawood, Siddiq Dawood, and Sattar Dawood – to Pakistan and the UK, setting up the Dawood Corporation.

The Dawood Group faced setbacks in the early 1970s, losing businesses and investments due to nationalization in East Pakistan (later Bangladesh). Nonetheless, the family’s business resilience and adaptability have established it as one of the largest business groups in Pakistan.

The family’s diverse business interests and contributions have marked their significant presence in Pakistan’s business landscape.

Dawood family
DAWOOD FOUNDATION

Early Periods of Military Generals in Pakistan and the Dawood Dynasty

The early periods of military generals in Pakistan date back to the country’s founding in 1947. The first Commander in Chief of the Pakistan Army, General Sir Frank Walter Messervy, took charge on August 15, 1947, and served until February 10, 1948. Notably, the military has played a significant role in the country’s establishment and governance.

On the other hand, the Dawood family began its business endeavors in the early years after the independence of Pakistan. They established their first industry, the Dawood Cotton Mills, in the Landhi area of Karachi in 1952. This marked the beginning of their substantial presence and influence in various industries.

It’s important to note that these are two distinct and significant facets of Pakistan’s history—the military’s foundational years and the Dawood family’s establishment and growth in the business world.

Dawood Family
DAWOOD FOUNDATION

‘Pakistan’s Richest’ Basie family and Dawood family

I found information about Pakistan’s richest families, but it seems that there is no specific information available on the Bias family’s net worth or standing in terms of wealth. However, the Mansha and Bajwa families are recognized as significantly wealthy in Pakistan. The Dawood family, on the other hand, is renowned for its vast business interests and substantial contributions to various industries in the country.

Dawood family
DAWOOD FOUNDATION

Important officials of the Dawood family

The Dawood family is associated with several prominent individuals who have played key roles in their business and philanthropic endeavors. Some of the important officials and members of the Dawood family include:

  1. Ahmed Dawood: One of the founding members of the Dawood Group and a senior industrialist who played a pivotal role in establishing the family’s business legacy.
  2. Suleman Dawood: Another founding member of the Dawood Group who has been actively involved in the family’s business activities and has contributed to the group’s growth and success.
  3. Shahzada Dawood: A well-known member of the family, Shahzada Dawood was a successful businessman and philanthropist who held the position of vice-chairman of Engro Corporation. Tragically, he passed away in a submersible accident in 2023.

These individuals have been instrumental in shaping the Dawood family’s business ventures and have made significant contributions to various industries in Pakistan.

DAWOOD FOUNDATION
APP

Engro and Dawood Har Collis Corporation

Here’s what I found: The late Shahzada Dawood, a member of the Dawood family, was the vice-chairman of Engro Corporation and a director of Dawood Hercules Corporation. His involvement in these key positions reflects the Dawood family’s significant presence and influence in the business world, particularly in the fields of energy, chemicals, and other diversified industries.

For more detailed information, you can visit the Engro Corporation’s official website or explore further resources related to the Dawood Hercules Corporation. These sources can provide comprehensive insights into the business activities and contributions of the Dawood family in collaboration with these corporations.

DAWOOD FAMILY

DAWOOD FAMILY

Dawood family companies and assets in Pakistan

The Dawood family’s business interests in Pakistan are represented by the Dawood Group, an influential conglomerate consisting of diverse businesses and industries. Founded by Seth Ahmed Dawood, the group has been involved in various sectors, such as finance, petroleum, chemicals, and textiles. Some notable former subsidiaries of the Dawood Group in Pakistan include Memon Cooperative Bank, Lahore Commercial Bank, Punjab Cooperative Bank, Pakistan Bank Limited, Bank of Bahawalpur, Central Insurance Company, Dawood Petroleum, and Pakistan National Oil.

Moreover, Hussain Dawood, a prominent figure within the family, is the Chairman of two publicly listed companies in Pakistan, namely Dawood Hercules Corporation and Engro Corporation. Both these companies play significant roles in various sectors of the Pakistani economy, including energy, chemicals, and other vital industries.

For more detailed and up-to-date information, you may want to visit the official website of the Dawood Group or explore specific sources related to their businesses and assets in Pakistan.

DAWOOD FAMILY
DAWOOD FAMILY

Services of the Dawood family in the fields of education, science and health

The Dawood family has been actively involved in philanthropic initiatives and has made substantial contributions to the fields of education, science, and health in Pakistan. Some of their notable contributions and services in these areas include:

  1. Educational Initiatives: The Dawood family has been involved in supporting educational institutions and initiatives aimed at providing quality education to the people of Pakistan. They have established scholarships, funded educational programs, and contributed to the development of educational infrastructure in the country.
  2. Scientific Research and Innovation: The family has supported scientific research and innovation in Pakistan, particularly in areas such as technology, engineering, and agricultural sciences. Their contributions have helped in fostering a culture of scientific inquiry and technological advancement.
  3. Healthcare and Medical Services: Through their philanthropic efforts, the Dawood family has contributed to improving healthcare services in Pakistan. They have supported medical institutions, healthcare programs, and initiatives focused on public health and medical research.

Overall, the Dawood family’s philanthropic endeavors in the fields of education, science, and health have had a positive impact on the development and well-being of the people of Pakistan.

DAWOOD FOUNDATION
Evan Khan’s visit to America: Ahmad Dawood and US President Eisenhower

 

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