Pakistan Army chief Asim Munir owns business empire worth Rs 67754636, his main businesses include… and…

New Delhi: Asim Munir, this name has been infamous in India for some time and has been resonating especially after the Pahalgam terrorist attack. Asim Munir is the Chief of Army Staff of Pakistan, but his status is similar to that of a CEO of a company. It is because the Pakistan Army is reported to be the ‘largest business group in Pakistan’. It is reported that the Pakistani Army runs more than 100 businesses in the country, which generate significant income for the army chief and officials. The military has a stronghold in Pakistan’s real estate sector. Every army chief of Pakistan, during their tenure, earn lots of money.

The business empire of the Pakistan Army

The Pakistani army controls a large part of the country’s economy along with defense. In this regard, it is the military and economic power of the nation. The Pakistani army runs organizations such as the Fauji Foundation, Army Welfare Trust, Shaheen Foundation, and Bahria Foundation. Although these are termed as institutions, they are essentially a powerful corporate network.

In the famous writer Ayesha Siddiqah’s book ‘Military Inc.: Inside Pakistan’s Military Economy’, there is a deep insight into the Pakistani army’s business empire. The Pakistani army is involved in many businesses, including cement, fertilizers, banking, dairy, transport, and housing. However, the biggest business is in real estate. The army has long faced criticism for seizing land in the name of national security. In Karachi, Lahore, and Islamabad, these lands have been transformed into commercial housing projects.

Pakistani Army’s business empire net worth

According to Ayesha Siddiqui’s report, in 2007, the total value of Pakistani army’s business ventures was 20 billion US dollars. However, now it could be between 40-100 billion dollars (8,47,28,17,08,000 rupees), with various experts expressing their estimates on the matter. These include real estate projects of the Defense Housing Authority (DHA) spread across cities like Karachi, Lahore, and Islamabad, and DHA is considered to be worth billions of dollars.

General Asim Munir’s net worth

According to a Pakistani user on X, it is said that General Asim Munir’s net worth is 800,000 dollars (around 67,754,636 Indian rupees).

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