Sultan Ali Lakhani is a consolidated businessman. He is a joint owner of the Lakson Group which includes subsidiaries like Colgate-Palmolive, Cybernet, Clover, McDonald’s and Tetley’s Pakistan franchise. He also serves as the CEO of Express Media Group and Century Publications (Pvt. Ltd.) and is a former member of the Pakistan Senate.
|Name:||Sultan Ali Lakhani|
|In Urdu:||سلطان علی لاکھانی|
|Education:||Phd in economics|
|Parents:||Hassan Ali Karabhai|
|Siblings :||Amin Lakhani, Sultan Lakhani and Zulfiqar Lakhani|
|Company Name:||Lakson group|
|Net Worth:||$0.84 billion|
Currently the Chief Executive of Century Publications (Pvt. Ltd), Editor-in-Chief of the Daily Express and Express News Channel (Pvt. Ltd) Sultan Ali Lakhani is one of the richest Memon in Pakistan. Mr Sultan Ali Lakhani is blessed with four kids. He is the son of late Hassan ALi Karabhai. He has 3 other siblings named Amin Lakhani, Sultan Lakhani and Zulfiqar Lakhani.
Mr Sultan Ali Lakhani is a Phd. in Economics from Karachi university.
Currently the Chief Executive of Century Publications (Pvt. Ltd), Editor-in-Chief of the Daily Express and Express News Channel (Pvt. Ltd) Sultan Ali Lakhani is one of the richest Memon in Pakistan.
- Sultan Ali is Honorary Consul General of Mexico in Pakistan and Advisor to the Century Insurance Company Limited.
- He was elected Member of the Senate (Upper House) of Pakistan from 1987 to 1994.
- He is the joint owner of Lakson Group and CEO of Express Media Group, Pakistan’s second largest media group.
- Express is part of the Lakson Group of which Sultan Lakhani was Chairman untill 1988.
Lakson was established in 1954 by Sultan Lakhani’s father, Hassanali Karabhai, and is one of the largest and most diversified business groups in Pakistan. Today the Lakhani family manages and owns companies that are industry leaders in their respective sectors including consumer non-durables, fast food, financial services, media, surgical instruments, technology, textiles and travel. Lakson’s brands include Colgate-Palmolive (Pakistan), Cyber.Net, Clover, Express News, McDonald’s (Pakistan) and Tetley (Pakistan).
In August 2011, Sultan Ali Lakhani received the HILAL-I-IMTIAZ, Pakistan’s second highest civilian award, for public service from the President of Pakistan.
Sultan Lakhani and his three brothers were given a hard time by NAB. They are running the prestigious Lackson group and the chain of McDonald’s restaurants in Pakistan. NAB has alleged the Lakhanis of having created phoney companies through worthless directors and raised massive loans from various banks and financial institutions.