Late multi-millionaire Shahzada Dawood hailed from a beautiful city in Pakistan named Rawalpindi. Born in 1975, Dawood was only forty-eight years old when he passed. Many who were not even aware of him and his business now know of him and his young son as two of the passengers of the Titan, an OceanGate-launched submersible that imploded in deep waters while on its way to the wreck of Titanic, as was seen in the news recently.
Dawood was not only an extremely successful businessman and investor but was also a great philanthropist. He grew up in an environment that was full of successful people, including his sisters, Azmeh and Sabrina Dawood, and his grandfather, Ahmed Dawood, also the founder of their family’s business, Dawood Group.
Dawood himself is known to have been a student at Buckingham University, which is also the place where he got his LLB degree from. After this, he also went on to get a Master’s degree in global textile marketing from Thomas Jefferson University. His education and experience that he gained through years of working got him the title of Young Global Leader back in 2012 at the World Economic Forum.
He has been influential enough to be invited to the 2020 United Nations session on the International Day of Women and Girls in Science, where he gave a speech on the same. He is known to have been married to Christine Dawood, and the couple even had two kids together. He is known to be born in Pakistan, but he also had Maltese and British citizenship.
Though not much is known about his personal life, we do know that the man had immense love and appreciation for photography, especially one that involved wildlife and that he was an adventurer when it came to exploring different habitats. Unfortunately, his adventure trip with his son to see the wrecks of the 1912 sunken ship Titanic turned out to be his last adventure ever.
The entire implosion of the submersible named Titan has created a huge issue among the public, with many questioning the company, OceanGate’s legibility.
Shahzada Dawood’s Net Worth
Known to be one of the richest British-Pakistani businessmen, Shahzada Dawood’s net worth stood at a whopping $350 million. He was a business tycoon who managed to spread the wings of his business well into other countries, managing to live a very comfortable and luxurious life with his family.
While his grandfather set the foundation for him with the start of their family company called the Dawood Group, he kick-started his career with the position of vice-chairman of the Pakistan-based conglomerate called Engro Corporation. He was also appointed as the director of Dawood Hercules Corporation. His income from these positions, along with the stocks of the companies that he owned, all add to his generous worth.
He grew his company further through investments and mergers, and acquisitions in different industries like fertilizers, textiles, and energy. His wealth has helped him take his family on some lavish trips around the world, and his social media is proof of the fact that the man had managed to get his hands on rare artifacts of the world, not only showing off his wealth but his sophisticated taste in art.
He is also known to have his magnificent Surrey mansion under his name. Prior to his sudden passing, Dawood was elected President of the Dawood Group, which had expanded into all kinds of businesses, including fabrics, real estate, and construction. With his diligence and hard work, he managed to raise one of the most powerful and influential business empires in Pakistan.
Dawood was also known to have shown a keen interest in renewable energies and wished to invest in them as well. Not only was Dawood a great businessman, but he also made sure to give back to society. From way back in 1996, he was known to have been a trustee of his family’s foundation called The Dawood Foundation.
The foundation is known to have established various important educational institutes, and it even collaborated with the Hussain Dawood Pledge to help people in Pakistan combat the global pandemic of Covid-19. He was also on board with The Engro Foundation and was a board member of the SETI Institute, an organization working towards a better understanding of the universe.
He is also a part of the Global Advisory Board of King Charles III’s foundation of Prince’s Trust International, which works towards helping young teenagers who find themselves abandoned and without resources live a better life.
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