Shahzada Dawood was a great Pakistani businessman and supportive of human beings. Shahzada Dawood net worth is estimated to be $350 million which he earns from the industry lines. Dawood and his 19-year-old son Suleman died in the submersible Titan when it imploded on a tourist expedition to visit the wreck of the Titanic. Shahzada Dawood owns the Dawood Foundation to help needy persons and his foundation works for human beings. Dawood was the vice chairman of the Engro corporation. He was also the director of Dawood Hercules Corporation and earned a big part of his wealth from that industry. He also serves on the boards of the SETI Institute and The Prince’s Trust.
How did Shahzada Dawood net worth increase?
Shahzada Dawood belongs to a rich family and his paternal grandfather, Ahmed Dawood, was a prominent Memon industrialist who established the family business, Dawood Group. He was the owner of the Dawood Foundation and vice chairman of the Engro corporation. From these industrial businesses, Shahzada Dawood increased his net wealth.
Shahzada Dawood Biography
About Dawood | Details |
Full Name | Shahzada Dawood |
Father name | Hussain Dawood |
Grandfather | Ahmad Dawood |
Gender | Male |
Born on | Febrauryary12, 1975 |
Birthplace | Rawalpindi, Pakistan |
Total Age was | 50 years old |
Net worth | $350 million |
Occupation | Businessman, Industrialist |
Relatives | Sister Sabrina Dawood |
Wife | Christine Dawood |
Child | 2 |
Shahzada Dawood was born on February 12, 1975, in Rawalpindi, Pakistan. He was Hussain Dawood’s eldest son. His brother was Abdul Samad Dawood, and his sisters were Azmeh and Sabrina, the latter of whom was well-known for her charitable trust. Dawood joins Aitchison College in Lahore for his early schooling. He continued his education, earning an MSc in global textile marketing from Philadelphia University (now Thomas Jefferson University) and an LLB from Buckingham University. Dawood’s grandfather was a prominent Memon industrialist and established a family business Dawood Group.
Personal life
Shahzada Dawood was married to Christine Dawood whose surname is Meckel, who was born in 1975 and reared in Germany, since 2002. After having lived in Pakistan and Singapore, they settled in the United Kingdom in 2014. They had two children together. Dawood became a Maltese (Malta) citizen in 2016, reportedly through an Individual Investor Programme. Media sources indicate that Dawood had a significant interest in exploring natural ecosystems and renewable energies. He was said to as a “photography enthusiast”, with a special interest in photographing wildlife and visiting various outdoor settings.
Shahzada Dawood Career
Since 2003, Dawood has served on the board of the Engro Corporation. In October 2021, he was named vice-chairman of Engro. He had served as the vice-chairman of the Dawood Hercules Corporation before this. He has made investments in public-listed companies to identify development prospects through mergers and acquisitions in the textile, food, fertilizer, and energy sectors. Dawood received the World Economic Forum’s Young Global Leaders designation in 2012. Dawood ran many other businesses In 2020, and his name comes in a millionaire state. Dawood gave a speech on the International Day of Women and Girls in Science at the United Nations.
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Foundation Trust
Dawood served as a trustee of the education-focused family foundation. The Dawood Foundation (TDF) from 1996 to 2023. The Hussain Dawood Pledge, a private donation to combat COVID-19 in Pakistan, was organized by TDF. His efforts had been concentrated on helping those affected by the pandemic in Pakistan who needed mental health treatment. Moreover, Dawood served as a board member of the SETI Institute, and a member of the Global Advisory Board for Prince’s Trust International. This charity trust is established by Charles III and a trustee of the Engro Foundation.
Titan Adventure and Death
From their London home, Dawood and his family traveled to Canada for a month. With a “years-long passion for science and discovery,” Dawood, was a Titanic enthusiast. He reserved tickets for himself and his wife to board the Titan submersible and see the wreckage of the Titanic over Father’s Day weekend. Afterward, his wife donated her ticket to Suleman, the couple’s nineteen-year-old son. Beginning early on June 18, 2023, the dive was scheduled to take the travelers down to a depth of 3,800 meters (12,500 feet). It was anticipated that the dive would last eight hours. After starting its descent, Titan lost touch with the surface ship, MV Polar Prince, around one hour and forty-five minutes in. The United States, Canada, and France provided air and water help for search and rescue operations.
The United States Coast Guard concluded that all of the passengers on board, including Dawood and his son Suleman, Hamish Harding, Paul-Henri Nargeolet, and Stockton Rush, CEO of Ocean Gate, had died instantly.
FAQ’s
How much Shahzada Dawood family’s net worth?
Dawood was the richest person and Shahzada Dawood net worth is estimated at around about $350 million.
What are the companies owned by Shahzada Dawood?
Shahzada Dawood was the Vice chairman Engro corp Ltd. He was the Director of the Dawood Hercules Corp.
What is the name of the Shahzada Dawood son who died with him?
Suleman was the son of Shahzada Dawood he was 19 years old and died with his father while exploring the wreck of the Titanic.