How rich is poor Pakistan's army chief Asim Munir, he has business like Ambani but his net worth is this much

After the Pahalgam attack, Pakistan's economic condition has worsened, but its Army Chief Asim Munir is the owner of property worth billions. The army has 100 types of businesses across the country. These include real estate, dairy and transport business. However, the financial figures related to the business ventures of the Pakistani army are not made public. In such a situation, let us tell you how the Pakistani army earns immense wealth from business.

 

Pakistan is facing an economic crisis, but the wealth and lifestyle of its army chief General Asim Munir present a completely different picture from this crisis. According to the recently revealed data, General Munir's total wealth is estimated to be around Rs 6,77,54,636 (US$ 800,000). This wealth has been earned through different businesses and investments, which provides him a rich lifestyle despite the economic condition of Pakistan.

 

It is said that the Pakistani Army runs more than 100 businesses in the country, and this gives a huge income to the army chief and officers. The army dominates the real estate sector of Pakistan. Let us tell you in detail how the Pakistani army earns immense wealth from business?

Army chief's business worth billions

In Pakistan, army chiefs are often accused of being more interested in increasing their wealth than serving the country. From former army chief General Qamar Javed Bajwa to current army chief General Asim Munir, there are living examples of this. Although the main function of the army is the security of the country, but the army in Pakistan is not limited to just defense. The Pakistani army also controls a large part of the country's economy.

 

It runs institutions like the Fauji Foundation, Army Welfare Trust, Shaheen Foundation and Bahria Foundation. These institutions may appear to be welfare in name, but in reality they are part of a very powerful corporate network. Through these businesses, the army is not only economically empowered, but it also plays an important role in Pakistan's economy.

Pakistan's secret earnings

The strength of the Pakistani army lies not only in its weapons and soldiers, but also in its vast business empire. Famous author Ayesha Siddika's book Military Inc.: Inside Pakistan's Military Economy exposes this reality in depth. According to this book, the Pakistani army is not just limited to the defense sector, but it also has extensive business influence in sectors like cement, fertilizer, banking, dairy, transport and housing.

Real estate has become the biggest business

Although the military's business activities span across many sectors, its biggest and most profitable business is real estate. In major cities like Karachi, Lahore and Islamabad, the military has converted land acquired in the name of national security into commercial housing projects. These projects mainly come under the Defense Housing Authority (DHA), which is known to have assets worth billions of dollars.

There is no account of economic power

According to Ayesha Siddika's book, the total value of the business ventures of the Pakistani army was US $ 20 billion in 2007. Now various experts believe that this figure could be between 40 and 100 billion dollars (about 85 trillion rupees). The surprising thing is that there is no transparent record of these earnings of the army, nor does any independent institution monitor it. The Pakistani army keeps these financial figures hidden under the guise of national security.

Net worth of General Asim Munir

Questions are now being raised about the current Army Chief General Asim Munir. According to a Pakistani social media user, Asim Munir's declared net worth is around 8 lakh dollars (about Rs 6,77,54,636). But if we look at these secret businesses, his real wealth can be much more than this. In comparison, the example of the wealth of former Army Chief General Qamar Javed Bajwa is put forward. When Bajwa became the Army Chief in 2018, he did not have any property, but by the time he retired in 2022, his family's wealth had reached around 13 billion Pakistani rupees.