What is Shahzada Dawood Net Worth: this is one of the most asked questions on the internet. Well, his net worth is $350 million. However, Shahzada Dawood, a British Pakistani businessman, is one of the five people aboard the submersible venturing deep into the Atlantic to view the Titanic, killed as the vessel exploded.
Who is Shahzada Dawood?
Shahzada Dawood is a British Pakistani businessman. He is the Vice chairman of Engro Corporation, a business conglomerate headquartered in Karachi, Pakistan. It is involved in agriculture, energy and telecommunications. The Dawood family is known as one of the richest business families in the country.
He was born on February 12, 1975, and his birthplace was Rawalpindi, Pakistan. However, Dawood studied Law as an undergraduate at Buckingham University in Britain. Later, he received his master’s degree in global textile marketing from the University of Philadelphia. Dawood received the name a Young Global Leader in 2012 by the World Economic Forum.
Shahzada Dawood’s family included his wife and two children in Britain. He had various interests, including wildlife photography, gardening and exploring natural habitats, and he had a special taste for adventures.
Who is Shahzada Dawood’s wife?
Shahzad Dawood wife is Christine and they got married in 2002. He had two children with her. The couple settled in the United Kingdom in 2010 after living in Pakistan and Singapore.
Born and raised in Rosenheim, West Germany. Christine studied Textile Technology and Management at Reutlingen University. After receiving a bachelor’s degree, she opted for a master’s in Change Leadership from the University of Oxford’s Said Business School and HEC Paris. She has done an MSc in Occupational as well as Business Psychology from Kingston University, London.
Christine entered into entrepreneurship. She founded Imhotep Organics Pvt Ltd., a Lahore-based organic farming company. She is also the trustee of The Dawood Foundation. It is a non-profit family organisation based in Karachi and focuses on informal education and other environmental projects in Pakistan.
Christine, as the Executive Coach and CEO of Next Step Now Ltd., believes that everyone can reach their full potential. Christine is of German origin. In addition to living in Asia for more than a decade, he has developed a broad understanding of the various nuances of individual behaviour. She even discovered a fascination and appreciation for such differences.
Christine is now the widow of Shahzada Dawood, the philanthropist who died along with the pair’s son Suleman in the Titan expedition.
What did Shahzada Dawood do for a living?
The Vice Chairman of the Dawood Hercules Corporation, a wing of the Dawood Group. Shahzada Dawood joined the century-old family business in 1996. Dawood held his expertise in corporate governance, turnaround and transformation of industries in Pakistan.
Shahzada is active in the growth and innovation opportunities of the Dawood Hercules family. However, Shahzada Dawood played a vital role in mergers, acquisitions, and divestments in energy, agri-nutrients, consumer foods, petrochemicals and textiles for diversified public-listed companies.
In addition to this, Dawood was also committed to a clean energy future. He acted as the change agent within the group in initiating investment in Reon, a leading Solar and Storage Solution.
Shahzada also acted as the Shareholder Director on the Board of Engro Corporation Limited and Dawood Lawrencepur Limited. He led the technological investments of the Dawood Group involving companies that target the transformation of industries through the inter-network of things.
Dawood’s philanthropic interest lies in supporting education initiatives as a Trustee of The Dawood Foundation. However, these included Dawood Public School, Dawood College of Engineering, and Karachi School of Business and Leadership, serving educational needs up to the university level.
As a Board Member of Engro Foundation, an organisation aiming at maximizing social and economic impact, Shahzada believed that inclusive business models involving low-income communities would build value chains along the group’s business interest.
Dawood Shahzada had served as a Member of the Global Advisory Board, Prince’s Trust International. He has contributed towards the vision that every young person must have a chance to succeed. He was even a part of the Founder’s Circle of The British Asian Trust.
How did Shahzada Dawood make his money?
Reports say Shahzada Dawood had more than two decades of experience in corporate governance and the transformation of industries.
This included growth and innovation opportunities. Dawood did this through mergers and acquisitions of multiple publicly listed companies dealing in textiles, fertilizers, food, and energy. Dawood was a leading voice of institutionalization of the major international networks and contacts.
He was the vice-chairman of Engro since October 2021. Prior to this, he had been the vice-chairman of the Dawood Hercules Corporation.
Dawood has invested much into tapping the growth opportunities through mergers and acquisitions. Furthermore, these include textiles, fertilisers, food, and energy in the public-listed companies.
However, it is reported that Shahzada Dawood net worth, as estimated, stands at around USD 350 million.
Was Shahzada Dawood married?
Yes. Shahzada Dawood married his wife Christine in Lahore in 2002. However, they lived in Pakistan and Singapore before deciding to settle in the United Kingdom in 2010. The British-based businessman married German origin Christine, with whom he has two children.
Further, Suleman Dawood, Shahzada Dawood son, was also a victim of the wreck of the submersible vessel venture. Christine Dawood is a coach and psychologist. She holds two MSc. degrees in Occupational and Business Psychology and Consulting Coaching for Change.
After her survival from a near-fatal plane crash in 2019, Christine abandoned her engineering career as it left a deep impact on her perspective towards life.
The couple resided in Surbiton, Surrey, with daughter Alina and son Suleman. However, Christine involved herself in entrepreneurship and is the founder of Imhotep Organics Pvt Ltd., a Lahore-based organic farming company.
Further, she is also the trustee of The Dawood Foundation. It is a non-profit family organization that is based in Karachi and focuses on informal education and other environmental projects in Pakistan. As the Executive Coach and CEO of Next Step Now Ltd., Christine is of the belief that everyone can reach their full potential. Christine was of German lineage.
In addition to living in Asia for more than a decade, she has developed a broad understanding of the various nuances of individual behaviour. She even discovered a fascination and appreciation for such differences.
How did Dawood have a tragic death?
Shahzada and his son Suleman, to satiate their thirst for adventures, embarked on the expedition aboard the Titan submersible. However, the tragic incident muffled them by death, resulting in losing contact a thousand miles under the sea.
Moreover, Dawood and his 19-year-old son were among the five onboard as the tragedy struck during the expedition when the vessel just above its intended destination became a victim of an explosion. The submersible operated by OceanGate Expedition began its journey early Sunday morning, descending 12,500 feet under the sea with its five crewmen.
However, the vessel lost connection with the mother ship, MV Polar Prince, after one hour and forty-five minutes into their planned descent of two hours.
Also read: Rick Hoffman: An Unique Story From Struggle To Success
