Malik Riaz facts for kids

Malik Riaz Hussain (Urdu: ملک ریاض حسین) was born on February 8, 1954, in Sialkot, Pakistan. He is a very well-known Pakistani real estate tycoon. This means he is a successful person who develops and sells land and buildings. He is the founder of a big company called Bahria Town.

Early Life and Career

Malik Riaz's father was a contractor, which is someone who manages building projects. His family was quite well-off. However, his father's business faced problems. This meant Malik Riaz had to leave high school after finishing his basic studies, called "matriculation" in Pakistan.

He started working as a clerk for the Military Engineering Service. He also worked part-time as a painter. Later, he became a contractor for the military. In 1995, Malik Riaz started his own construction company, which he named Hussain Global.

That same year, his company made a deal with a charity group of the Pakistan Navy. They planned to build a special community with controlled access, known as a gated community, for the Navy. In 2000, the Pakistan Navy ended their agreement with Malik Riaz. After this, he started his own real estate company. With permission from the Supreme Court, he named it Bahria Town.

Building Bahria Town

Malik Riaz has made his business much bigger under the name Bahria Town Group. He is known for his modern ways of doing business. For example, he hires many women for important jobs in his company. He believes they are hard-working and efficient.

Bahria Town has become famous for building large, planned communities. These communities often include homes, shops, parks, and other facilities.

Personal Life

Malik Riaz is married to Beena Riaz. They have one son and four daughters together. His son, Ahmed Ali Riaz, was born in 1978. Today, Ahmed Ali Riaz is the CEO of Bahria Town.

Helping Others

Malik Riaz is also known for his efforts to help people. This is called philanthropy.

Bahria Dastarkhwan

Malik Riaz started an initiative called Bahria Dastarkhwan. Its goal is to help reduce hunger in Pakistan. This program has centers in different parts of the country. These centers provide free meals twice a day to anyone who visits.

Healthcare Support

Malik Riaz is working to build a network of hospitals in Pakistan. These hospitals would offer free healthcare services. Each month, he donates a large amount of money to support healthcare. This money helps provide free medical care for people who cannot afford it. It also buys medical equipment for hospitals and food for patients and their families.

Education Opportunities

Malik Riaz has also built many schools, universities, and other learning places. These institutions give students a chance to study for free. Every year, he helps students with small loans. These loans allow them to follow their academic dreams without worrying about money.