Arif Naqvi
- January 9, 2024
- Banker
Quick Facts
Arif Naqvi Biography
| Name | Arif Naqvi |
| Birthday | Jul 13 |
| Birth Year | 1960 |
| Place Of Birth | Karachi |
| Home Town | Sindh |
| Birth Country | Pakistan |
| Birth Sign | Cancer |
| Spouse | Fayeeza Naqvi |
Arif Naqvi is one of the most popular and richest Banker who was born on July 13, 1960 in Karachi, Sindh, Pakistan.
Arif Naqvi began his career with Arthur Andersen in London and American Express in Karachi. In the early 1990s, he joined the Olayan Group in Saudi Arabia, the Kingdom’s largest trading company. In 1994 he started an investment firm in Dubai called Cupola with $50,000 of his own savings. In 1999, Naqvi purchased Inchcape Middle East, for $102 million, with $4.1 million in equity, making it the MENA region’s first leveraged buyout. Naqvi then sold off pieces of the company for a total of $173 million.
In 2002, Naqvi founded Abraaj Capital, and in 2012 the company merged with Aureos Capital to become The Abraaj Group. As of March 2018, Arif Naqvi has stepped down as CEO of The Abraaj Group, as the Company has become the subject of multiple investigations regarding its fund management practices.
Arif Naqvi Net Worth
| Net Worth | $5 Million |
| Source Of Income | Banker |
| House | Living in own house. |
Arif Naqvi is one of the richest Banker from Pakistan. According to our analysis, Wikipedia, Forbes & Business Insider, Arif Naqvi 's net worth $5 Million. (Last Update: December 11, 2023)
Arif Masood Naqvi (born 13 July 1960 in Karachi, Pakistan) is a Pakistani- Kittitian businessman and convicted finance fraudster who was sentenced in 2019 for three years in the United Arab Emirates for financial fraud. Previously, he was arrested on the 5th of April 2019 in the UK on US fraud charges after allegedly misappropriating $230 million from a healthcare fund.
Height, Weight & Body Measurements
Arif Naqvi height Not available right now. Aristomenis weight Not Known & body measurements will update soon.
Who is Arif Naqvi Dating?
According to our records, Arif Naqvi married to Fayeeza Naqvi. As of December 1, 2023, Arif Naqvi’s is not dating anyone.
Relationships Record : We have no records of past relationships for Arif Naqvi. You may help us to build the dating records for Arif Naqvi!
In 2018, he was accused by investors of misappropriating funds, leading to the provisional liquidation of The Abraaj Group. The company is also under investigation by Dubai regulators.
Facts & Trivia
Aristomenis Ranked on the list of most popular Banker. Also ranked in the elit list of famous people born in Pakistan. Arif Naqvi celebrates birthday on July 13 of every year.
Where is Arif Naqvi now?
Naqvi faces criminal charges in the U.S. and is currently in the U.K. awaiting extradition.
Who owns abraaj now?
Industry Financial services
Number of employees| 300
Did Bill Gates get robbed?
It turned out Naqvi had allegedly taken around $780 million from his funds, $385 million of which remains unaccounted for. He is facing a potential 291 years in jail.
Where is Fayeeza Naqvi now?
Fayeeza Naqvi lives of the underserved in Pakistan. of The Malala Fund.
How do I set up a hedge fund in Dubai?
- choosing a legal form for the investment vehicle (there are several forms that can be employed);
- preparing the documentation necessary for the registration of the vehicle with the Trade Register;
- the fund must have a manager that complies with the local legislation;