Shahzada Dawood’s Net Worth Forbes: How Much Money Does The Businessman Make, Why Is He So Rich?

post by: Dwomoh Darlingberg for thedistin.com.
Have you got a story or article for us: send it to us here.

Who is Shahzada Dawood and what is his net worth? The Pakistani-British businessman is now missing after the OceanGate submersible got lost undersea.

What was supposed to be a father-son bonding experience has now become a race against time.

On June 18, 2023, Pakistani-British businessman Shahzada Dawood and his 19-year-old son, Suleman, embarked on the Titan submersible to view the wreck of the RMS Titanic. The submersible communicated with the Polar Prince every 15 minutes, but nearly two hours into the dive, it lost communication with its mother ship.

When the Titan lost communication, its five passengers got lost in the ocean’s depths. So who is Shahzada Dawood and what has he left behind? Does he have any other kids? Who is his wife, and what is his net worth?

Read on for all the known details.

Profile Summary

Celebrated Name:Shahzada Dawood
Net Worth:$350 million to $1 billion
Profession:Businessman
Company:Vice chairman and director of Engro Corporation
Date of Birth:12 February 1975
Birthplace:Rawalpindi, Pakistan
Ethnicity:Pakistan United Kingdom Malta
Disappearance18 June 2023 (aged 48) North Atlantic Ocean
Father:Hussain Dawood
Wife:Christine Dawood
Children:2 kids namely Suleman and Alina
Titan submersible underwater
SOURCE: OCEANGATE

What is Shahzada Dawood’s net worth?

At the time of writing, Shahzada Dawood’s net worth is unknown. However, it’s safe to assume the businessman is worth several billion dollars as he comes from one of Pakistan’s wealthiest families. His father, Hussain Dawood, is regularly listed among Pakistan’s richest men.

Some outlets have estimated that Pakistani businessman Shahzada Dawood is worth $350 million.

According to LinkedIn, Shahzada is the vice chairman and director of Engro Corporation, a Pakistani conglomerate with businesses in four prominent areas — food & agriculture, energy & related infrastructure, petrochemicals, and telecommunication infrastructure.

He also serves as the director of Dawood Hercules Corporation, a Pakistani publicly listed investment and holding company. In addition, Shahzada is a trustee of the SETI Institute and The Dawood Foundation. He’s also a personal friend of King Charles III, working with the Prince’s Trust International and The British Asian Trust.

According to People, the King’s charities are “devastated” by Shahzada’s disappearance. The outlet learned that King Charles III “has requested he be kept fully up to date on the situation as it unfolds, and that his thoughts and prayers are with the Dawood family and everyone involved in this incident and the attempted recovery operations.”

Who is Shahzada Dawood’s wife?

According to BBC, Shahzada is married to his wife, Christine Dawood. The couple and their children usually reside in Surbiton, in Southwest London, but they spent a month in Canada before the expedition.

Like her business-savvy husband, Christine “grew up in a family business environment,” which led her to start her own successful “organic agriculture business on a commercial scale in Punjab.” Christine is of German heritage but lived in Asia for more than a decade, which allowed her to acquire “a wide understanding of the many nuances in individual’s behaviors and found an appreciation and fascination for those differences.”

Shahzada Dawood and his wife, Christine Dawood
SOURCE: TWITTER / @VBSPURS

Christine is a member of the Dawood Foundation’s board of trustees and is the founder, CEO, and executive coach of Next Step Now Ltd, which helps family businesses by developing a “safe space that allows open communication and fosters growth, continuity, and a unified and cohesive family approach to your company.”

Shahzada and Christine Dawood have two kids.

As previously stated, Shahzada traveled with his teenage son, Suleman, on the submersible. A family statement via BBC described Suleman as a “big fan of science fiction literature and learning new things.” The teen, who’s currently a university student, also has an interest in Rubik’s cubes and volleyball.

Shahzada and his wife also have a daughter, Alina.

FAQ

How much is Sahzada Dawood worth?

The exact net worth of the Pakistani businessman is not known however, several sources peg his fortune at $350 million while others say he is worth $1 billion.

How did Shahzada Dawood make his money?

Shahzada is the vice chairman of Engro Corporation, which makes fertilisers, food, and energy, as well as the Dawood Hercules Corporation, which makes chemicals.

Who is Shahzada Dawood?

Shahzada Dawood is vice-chairman of Pakistani conglomerate Engro Corporation, which is a large fertiliser firm. He works with his family’s Dawood Foundation, as well as the SETI Institute – a California-based research organisation that searches for extra-terrestrial life. He was born in Pakistan but moved to the UK where he studied law at the University of Buckingham.

Where is Shahzada Dawood from?

Dawood was born on 12 February 1975 and he is from Rawalpindi, Pakistan.

Where does Shahzada Dawood live?

Dawood is a resident of the U.K. with his wife and two children, Suleman and daughter Alina, the SETI Institute noted.

Who is Shahzada Dawood wife?

Christine Dawood is the wife of Shahzada Dawood.

How many children does Shahzada Dawood have?

The businessman and his wife Christine are parents to two kids. The names of their children are Alina and Suleman.