Re: Why doesn't Pakistan have any billionaires?
An average Indian is economically less prosperous than an average Pakistani, but Indian state is definitely richer than Pakistani state.
Not true.
Although back in the 60's I believe this actually may have been correct, today India's per capita income ($630) is slightly higher than Pakistan's ($600) according to the World Bank.
Btw, I think Pakistani economy has traditionally been essentially more capitalistic, and has more investor-friendly regime these days.
It was...but Zulfikar Ali Bhutto's nationalization of all major industries was a huge set back that Pakistan has only recently started to recover from.
Do you consider NRI billionaires also Indian billionaires? Isn't there a single non-resident Pakistani billionaire?
I believe most of India's billionaires on the Forbes list are actually resident Indians. Officially, Pakistan is the world's most populous nation without a single dollar billionaire.
Nonetheless, I'm sure there are resident Pakistani billionaires. However, because of the social and political instability of the country (as well as to avoid taxation), they keep the bulk of their assets abroad and dont advertise the extent of their assets. A couple years back, the National Accountability Bureau compiled a list of Pakistani dollar billionaires who were alleged to have acquired their wealth through corruption:
Asif Ali Zardari
Nawaz Sharif
Anwar Saifullah
Chaudhry Shujaat Hussain
Manzoor Wattoo
Salman Farooqi
Ahmed Sadiq
Shaukat Kazim
Humayun Akhtar Khan
Ijazul Haq
General Fazl-e Haq (deceased)
Lt gen. (retd.) Zahid Ali Akbar
Gohar Ayub (retd captain)
Captain Naseer
Aftab Sherpao (retd major)
General (retd) Aslam Beg
Brigadier (Retd) Imtiaz
Also, Sir Anwar Pervez is not a billionaire. He's only worth about 300 million British Pounds.