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What is Shehbaz Sharif – Biography , Net Worth?

Shehbaz Sharif: A Political Powerhouse of Pakistan

Shehbaz Sharif is a prominent Pakistani politician and the current Prime Minister of Pakistan, serving since April 2022. He belongs to the Pakistan Muslim League (N) party and has been a dominant figure in Pakistani politics for over three decades. In this article, we will delve into the biography and net worth of Shehbaz Sharif, exploring his journey from a businessman to the highest office in the country.

Early Life and Education

Shehbaz Sharif was born on September 23, 1951, in Lahore, Punjab, Pakistan. He is the younger brother of Nawaz Sharif, a three-time Prime Minister of Pakistan. Shehbaz completed his early education at the Government College University in Lahore and later earned a degree in commerce from the Punjab University.

Business Career

Before entering politics, Shehbaz Sharif was a successful businessman. He co-founded the Ittefaq Group, a prominent industrial conglomerate in Pakistan, with his brothers. The group has interests in steel, sugar, and textile industries, among others. Shehbaz’s business acumen and leadership skills helped the group expand and thrive, making him a respected figure in Pakistan’s business community.

Political Career

Shehbaz Sharif’s political journey began in the 1980s when he joined the Pakistan Muslim League (N). He was first elected as a Member of the Provincial Assembly of Punjab in 1988 and later became the Minister of Finance and Trade in the provincial government.
In 1997, Shehbaz was elected as the Chief Minister of Punjab, a position he held until 1999. During his tenure, he implemented various development projects, including the construction of the Lahore Ring Road and the expansion of the Lahore Metro Bus System.
Shehbaz Sharif became the President of the Pakistan Muslim League (N) in 2011, succeeding his brother Nawaz Sharif. He played a crucial role in the party’s campaign for the 2013 general elections, which led to the party’s victory and Nawaz Sharif’s third term as Prime Minister.
After Nawaz Sharif’s disqualification in 2017, Shehbaz Sharif became the acting President of the party and led the party’s campaign for the 2018 general elections. Although the party lost the elections, Shehbaz remained a key figure in Pakistani politics.

Prime Ministership

In April 2022, Shehbaz Sharif was elected as the Prime Minister of Pakistan, succeeding Imran Khan. His government has focused on addressing economic challenges, improving relations with neighboring countries, and promoting regional peace.

Net Worth

Shehbaz Sharif’s net worth is estimated to be around PKR 2.5 billion (approximately USD 15 million). His assets include shares in the Ittefaq Group, properties in Pakistan and abroad, and other investments.

Controversies and Challenges

Shehbaz Sharif has faced several controversies and challenges throughout his political career. He has been accused of corruption and nepotism, and has faced several court cases. However, he has denied all allegations and has been acquitted in most cases.

Conclusion

Shehbaz Sharif is a seasoned politician and a successful businessman who has played a significant role in Pakistani politics for over three decades. His journey from a businessman to the Prime Minister of Pakistan is a testament to his leadership skills and political acumen. Despite facing several challenges and controversies, Shehbaz remains a dominant figure in Pakistani politics, working towards the country’s progress and prosperity.
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