Real estate tycoon Malik Riaz Hussain, one of the richest people in the country right now, used to be an ordinary clerk, but he has turned a billionaire in a span of 20 years and continues his journey of amassing wealth, according to a report in BBC Urdu.
The 63-year-old businessman was born to a contractor and after his father suffered heavy losses in business, Riaz, who had only done his matriculation then, was forced to work as a clerk. He later worked as a low-key contractor in the military for some time.
Riaz recalls the time, with much agony, as one of the most difficult times of his life. The pains he suffered then included not having money for his daughter’s medical treatment, painting houses to earn his bread and paving roads. When democratic governments were falling one after the other in 1990s, Malik Riaz realized that the military could be a formidable ally while conducting business in the country. Call it Riaz’s cunning or smartness, but a little educated person like him began giving suggestion for amassing wealth to top military officials. A lawyer contesting cases against Malik Riaz in the Supreme Court said he had submitted evidence of agreements between Malik Riaz and former Navy chief Admiral (r) Fasih Bukhari with the court.
Noted defence analyst Ayesha Siddiqa also said in her book that top military officials helped Malik Riaz get hold of vast swathes of land in exchange for agreed returns. Malik’s luck took a major turnaround when the Pakistan Navy withdrew from backing a housing project in Rawalpindi, however, it could not get its name detached from the project. Thus was formed Bahria Town. Malik Riaz has since developed numerous housing projects in various cities. The baffling fact is that his company announced developing new housing sectors and schemes without actually owning the land or planning the project on the ground, but people still barged in to Bahria Town offices, often scuffling and panting to get the limited registration forms.
During the span of his building his empire, Malik Riaz has had to face various charges in several courts, including getting opponents murdered, fraud, land grabbing and enmities, but he has since been relieved of several of the cases while some still remain pending. With the reversal of fortunes, Malik Riaz, who used to wait for hours for a captain or major to grab an ordinary contract, is now employing several retired army generals in his Bahria Town concern.
His close friends say Riaz has the ability to judge a man’s greediness in one meeting and he then deals with him accordingly. He is a fascinating personality, one who is friends with several past, present and possible future leaders of the country. He was facing several cases in NAB in 1999, but he then became friends with Pervez Musharraf. His friendship with Asif Ali Zardari has brought him goods too.
Be it some task irking the Sharif brothers or a requirement for funds for a PTI rally, Malik Riaz is known well for feeling the winds changing and adjusting his masts accordingly.
It is also an open secret now that it was Riaz who managed the Bhurban meeting and agreement between Zardari and Nawaz Sharif.
Still, Malik Riaz has done wonders for the Pakistani middle class, providing them high quality residential facilities at a much lower cost.
His organization arranges medical treatment of hundreds of poor patients, is educating thousands of children in the schools run under its aegis, and Bahria Town also caters free food to thousands of poor people every day.
But an opponent lawyer said Malik Riaz’s good deeds were a smokescreen to hide his actual malpractices. Well, it is not for us to decide!
I was just a kid when he used to work for my father. I never liked him. Unlike other office workers, he just looked sleezy and I just never trusted him.
This is a perfect CONMAN who works like the mafia, feeding on the greed of the elite with money looted from poor and widows. Money Talks and Bullshit Walks is what has been proved to be correct by this crook, who has many media men on his payroll.
Tell me the tips please I studied hard for 16 years then jobs in and abroad but still struggling
Br. Thank Allah what ever He has given you. This life is so short work for Aakhira. No need to copy these people. May Guide us All…Aameen
He is thug and now he should be ready to face the music.
junior don to president defending him and maligning scp-cjp,Pakistan to meet the interests of most hated government of zardari,galani,altaf,choudries etcetc.all engineered drama to get ris of cjp and plant another dogar to rig elections and scp judgements eyc.riaz malik playing the devil agent
Malik Riaz Hussain is a bullet fired by Asif Ali Zardari & company and no doubt he is being used against CJP because there are lot of pending cases in SP against PPP personalities. Majority of Pakistanis believe that CJP is their Hero and such people like Malik, Zardari & Gilani are the looters who looted country money and become billioners with years.
malik Riaz k ameer hony ka kia faida is k paisy ka kia faida jo na pakistan k kaam ata hy na pakistani people k kaam ata hy
AAP KITNEY PERCENT PAKISTAN KO DEY RAHEY HAIN
sir am youngstr and m a big fan or u,
sir i want job in ur state …
Am in b.com sir… Plx contact with me sir…
Ary bhai is se job kiya mangta hae us se mang js ne is ko diya hae. Insan se kiya mangna.
BEST COMMENT
These days its hard to find some useful ways which can really make you fast money on the internet but I am glad that I found SEOClerks.com, I made a couple of hundred dollars in one month since I'm a member. Pretty good if you ask me…
Malik Riaz is a pure Pakistani, he get money from Pakistan and spend also here. He gave high standard housing, even better than DHA at cheap rate. Government can not don this job, while Malik Riaz make this dream true.
Weldone Malik Riaz..
…Malik Riaz has the ability to judge a man’s greediness in one meeting and he then deals with him accordingly. He is a fascinating personality, one who is friends with several past, present and possible future leaders of the country…
…ملک ریاض کی کامیابی کا راز
ملک ریاض کون ہے یہ شاید کسی کو بتانے کی ضرورت نہیں۔مگر انکی کامیابی کا راز جاننا اور سمجھنا شاید ضروری نہ سہی مگر بہت سے لوگوں کی کامیابی کے لیے شاید ضروری ہے۔ملک ریاض ھمیشہ سے خبروں میں رہتے ہیں کبھی پاکستانیوں پر آنے والی کسی بھی مصیبت کی گھڑی میں کروڑوں روپے دینے کی خبریں تو کبھی حکومت اور کبھی اپوزیشن کی جانب سے آنے والے الزامات کی صورت میں اور ہر بار الزام ثابت نہیں ہو پاتے۔آخریہ سارے الزام لگتے اور ثابت کیوں نہیں ہوپاتے ؟ کچھ لوگوں کا خیال سے وہ لوگوں کو خرید لیتے ہیں تو کیا ایسا ممکن ہے کہ جن وزرا کے دستخطوں سے اربوں کھربوں یہاں سے وہاں ہوجاتے ہیں وہ ملک ریاض کی کروڑوں کی رشوت پے بک جائیں ؟ کبھی ملک ریاض حکومت کے دوست تو کبھی اپوزیشن کے دوست۔حکومت اور اپوزیشن میں موجود ارب پتی سیاستدانوں کو ملک ریاض کے پیسے کی ضرورت ہے نہ ہی اثررسوخ کی کہ سیاستدانوں کے پاس پیسے اور اثرورسوخ کی کمی نہیں ہوتی۔
سجاد شاہ
فری لانس رائٹر
ای بحریہ ٹاون http://www.eBahriaTown.com…..
I think ppl who say against Malik Riaz don't know him.I never meet him nor have any chance because of the social difference but I recently came to personally see Malik sb helping a 1 year and 10 months old baby in Islamabad.
I would pray for long long life of Malik sb and his good health any may our other leaders or rich learn from this angel.
I dont know him but saw his work in karachi and i was impressed.
best thing which i like about malik riaz is that he wealth lies here in pakistan not in swis banks….its good for our economy
Bad man.. Went from nothing to something
Comments are closed.