Malik Riaz facts for kids
Quick facts for kids
Malik Riaz
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Riaz in 2016
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| Born | February 8, 1954 |
| Nationality | Pakistani |
| Citizenship | Pakistan |
| Education | Intermediate |
| Occupation | Founder of Bahria Town |
| Organization | Bahria Town |
| Known for | Developing Bahria town gated communities |
| Spouse(s) | Beena Riaz |
| Children | 5 |
Malik Riaz Hussain (born February 8, 1954) is a famous Pakistani businessman. He is known for starting Bahria Town. This is the biggest private real estate company in Pakistan.
Malik Riaz builds special communities called gated communities. These places offer many different services and facilities to the people who live there.
Contents
Who is Malik Riaz Hussain?
His Early Life and Career
Malik Riaz was born in Sialkot, Pakistan. His father was a contractor, but his business faced problems. Because of this, Malik Riaz had to leave high school. He had completed his basic schooling (matriculation).
He started working as a clerk for the Military Engineering Service. This was a construction company in Rawalpindi. He also worked part-time as a painter. Later, he became a contractor for the military.
Building Bahria Town
In 1995, Malik Riaz started his own company called Hussain Global. That same year, his company made a deal with the Pakistan Navy's charity. They planned to build a special community for the Navy.
In 2000, the Pakistan Navy ended their agreement with him. After this, Malik Riaz started his own real estate company. He named it Bahria Town. The Supreme Court later allowed him to keep using this name.
Bahria Town has grown a lot. It has projects in many cities like Lahore, Rawalpindi, Islamabad, Murree, and Karachi. Bahria Town Karachi 2 is the largest private project in Pakistan. Malik Riaz owns all these big projects.
Malik Riaz is known for his modern business ideas. He hires many women for important jobs. He believes they are hard-working and efficient. In 2019, his wealth was estimated to be around US$1.5 billion.
His Family Life
Malik Riaz is married to Beena Riaz. They have five children together. He has one son and four daughters. His son, Ahmed Ali Riaz, was born in 1978. He is now the CEO of Bahria Town.
Helping Others
Malik Riaz is also known for his charity work. He has started many projects to help people in Pakistan.
Bahria Dastarkhwan
Malik Riaz created the Bahria Dastarkhwan program. Its goal is to help reduce hunger in Pakistan. This program has centers all over the country. They provide free meals twice a day to anyone who visits.
Healthcare Support
Malik Riaz is building a network of hospitals in Pakistan. These hospitals will offer free healthcare services. Every month, he gives money to support the healthcare system. This includes free medical care for those who cannot afford it. He also provides medical equipment and food for patients.
Education Opportunities
Malik Riaz has built many schools, universities, and other learning places. These institutions give students a chance to study for free. Each year, he also provides small loans to students. This helps them pay for their studies and achieve their academic goals.
