Syed Babar Ali Biography

Syed Babar Ali is a famous Pakistani Businessman and former Minister of Finance of Pakistan, who was born on Jun 30, 1926 in Lahore, Pakistan. Find Syed Babar Ali age, wife, net worth, height, weight, education, career, family, images, biography & more updates. Get information about Syed Babar Ali’s all key achievements or accomplishments, including professional and personal life detail.

Personal Profile About Syed Babar Ali

Syed Babar Ali is a Pakistani businessman, industrialist, philanthropist, educationist, and former caretaker finance minister. He founded companies, including Packages Limited, Milkpak Limited (now Nestlé Pakistan), Tetra Pak Pakistan, Tri-Pack Films, and IGI Insurance. He served as Pakistan’s caretaker finance minister and minister of economic affairs and planning in 1993. He founded LUMS in 1985, where he serves as the founding Pro-Chancellor.

The Syed Babar Ali biography shows his key role in establishing industries in post-independence Pakistan. He established the Babar Ali Foundation and Ali Institute of Education and served as President Emeritus of WWF-Pakistan and International President from 1996 to 1999. He holds the Order of the British Empire (OBE) and remains actively involved in multiple boards, including Coca-Cola Pakistan and Siemens Pakistan.

Syed Babar Ali Net Worth

Syed Babar Ali net worth is estimated at over PKR 85 billion. However, it is not confirmed. He has long-term investments in large Pakistani corporations. His wealth is primarily linked to his holdings in Packages Limited and Nestlé Pakistan.

Syed Babar Ali Son

Syed Babar Ali son is Syed Hyder Ali. He joined Packages Limited in July 1987 and now holds the position of managing director and CEO of the company. He has done his Master of Science from the Institute of Paper Chemistry and has also served as mill manager of the paper and board operations of the company.

Syed Babar Ali Age

Syed Babar Ali age is 100 Years old. He was born on June 30, 1926, in Lahore, Pakistan. He completed his early education at Aitchison College, Lahore, and earned a B.Sc. from Government College, Lahore, in 1945. He later joined the University of Michigan and Harvard Business School. After the Indo-Pak partition in 1947, he joined the family business.

Syed Babar Ali Family

The Syed Babar Ali family includes his wife and children. His father Syed Maratib Ali was a top contractor of the British-Indian Armed Forces. His mother, Syeda Mubarak Begum, belonged to a landlord family, and his maternal grandmother was a member of the Afghan royal family. His elder brothers, Syed Wajid Ali and Syed Amjad Ali, used to take him to business meetings.

Syed Babar Ali Wife

Syed Babar Ali wife is Parveen Ali. They married in 1955 at the US ambassador's home in Washington, DC, when Parveen was there as a tourist from Pakistan. Then-Vice President Richard Nixon attended the ceremony, and it was covered by Time-Life magazine. The couple have children, including son Syed Hyder Ali and daughter Henna.