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Seth Abid Hussain

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Seth Abid Hussain
Born1933
Died (aged 88)
Other namesThe King of Gold
OccupationBusinessman[2]

Seth Abid Hussain (1933 – 8 January 2021)[3] was a Pakistani gold merchant, billionaire, and philanthropist.[4][5][6][7] He gained prominence in Pakistan's business community and was known for his involvement in the gold trade, earning him the nickname "The King of Gold" in the country.[8]

Hussain's net worth in 2017 was estimated to be around 3 billion USD.[8] He was also involved in various philanthropic activities, notably founding the Hamza Foundation Academy for the Deaf in Lahore. Additionally, he was an early donor to the Shaukat Khanum Memorial Cancer Hospital and Research Centre, as acknowledged by Imran Khan.[9][10]

References

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  1. ^ "Seth Abid's son, four others killed". Dawn.com. 3 November 2006.
  2. ^ "Imran Khan expresses sorrow over demise of renowned businessman Seth Abid". Radio.gov.pk.
  3. ^ "Renowned philanthropist Seth Abid passes away". The Pakistan Daily. 9 January 2021. Retrieved 11 January 2022.
  4. ^ "PM Imran Khan expresses sorrow over demise of Seth Abid Hussain". Arynews.tv. 10 January 2021.
  5. ^ "Seth Abid passes away". Thenews.com.pk.
  6. ^ "Seth Abid Hussain Passes Away In Karachi". UrduPoint.com.
  7. ^ "Seth Abid Hussain passes away at 85". Daily Pakistan Global. 8 January 2021.
  8. ^ a b "The king of gold: Saith Abid — One man's journey from extreme poverty to becoming Pakistan's richest person | Political Economy | thenews.com.pk". www.thenews.com.pk. Retrieved 8 August 2022.
  9. ^ "Hamza Foundation". Archived from the original on 1 December 2020. Retrieved 10 January 2021.
  10. ^ Khan, Imran [@ImranKhanPTI] (9 January 2021). "Saddened to learn of the passing of Seth Abid Hussain. He was one of the early donors of SKMT. Condolences and prayers go to his family" (Tweet). Archived from the original on 12 January 2021. Retrieved 22 January 2021 – via Twitter.