Connect with us

World

Shahzada Dawood Net Worth: Pakistani Billionaire’s Total Wealth Decoded

Published

on

Shahzada Dawood Net Worth: Pakistani Billionaire's Total Wealth Decoded

Nothing can be more ironic than the fact that five passengers on board a sophisticated deep-diving submersible named Titanic will be meeting the same fate as the legendary Titanic cruise liner it was to make a tryst with. Among the passengers were Shahzada Dawood, One of Pakistan’s Richest Men, and his son, Suleman Dawood. It has since been confirmed that all the passengers of the ill-fated submersible are dead.

Shahzada Dawood held the position of vice-chairman of Engro Corporation, and a director of Dawood Hercules Corporation. Additionally, he was a board member of The Prince’s Trust, a board member of the SETI Institute, and a trustee of The Dawood Foundation.

Shahzada Dawood Net Worth
Image Courtesy: Distractify

He and his son Suleiman, 19 years were moving towards the Titanic cruiser which had sunk in 1912 after it hit an iceberg in North Atlantic.

Shahzada and his son boarded the submersible Titanic to have a view of the Titanic wreck 12,500 feet underwater. However the submersible lost connection with its mother ship. A huge international effort was started with navies, air force, and coast guard vessels pushed in to locate the lost submersible. His wife, Christina, and daughter, Alina, have been waiting for any news of the duo.

Advertisement

Below in this article, we’re going to decode Shahzada Dawood net worth and his income sources:-

Shahzada Dawood Net Worth and Income Sources

Shahzada Dawood, 48, is a multi-billionaire and is also the vice chairman of the investment and holding company based in Karachi, Pakistan Dawood Hercules.

Shahzada Dawood, one of Pakistan’s richest men, and his son met their watery grave when the Titanic submersible imploded, unable to bear the enormous pressure at the depths of more than 1.5 kilometers. The submersible has been detected a few hundred from the ill-fated Titanic cruiser.s last resting place.

Advertisement

Shahzada Dawood’s net worth is estimated to be $360 million. He is one of the richest men in Pakistan. He studied at Karachi University and started working for Dawood Group. He was appointed vice chairman of the Dawood Hercules Corporation in 1996.

Shahzada Dawood Net Worth 2023
Image Courtesy: Dreshare

Shahzada as already mentioned holds the position of vice-chairman of the Pakistani conglomerate Engro Corporation. This company is known to manufacture fertilizers. He is married to Christine and has two kids-Alina and Suleman. His family had been living in Canada for a month before the expedition.

Also Read: Jane Seymour Net Worth 2023: This Is How Much The Diamond Queen Earns!

The expedition has led to many questions being raised about the scientific utility of such expeditions. For money-rich tycoons, it is more about prestige and social status than some real scientific purpose for such expeditions. We have seen in the past numerous billionaires who have ridden piggyback on Space X rockets to space. Corporations often resort to shortcuts to rein in the gullible, often disregarding safety considerations leading to tragic consequences. The latest Titanic disaster was something that was waiting to happen. One cannot mix scientific pursuit with personal pleasure. Space travel and deep sea exploration are serious scientific endeavors and must remain thus. Hope this tragedy will help the billionaires to understand this fact. 

Advertisement

Manoj Nair: With a decade of news writing across various media platforms, Manoj is a seasoned professional. His dual role as an English teacher underscores his command over communication. He adeptly covers Politics, Technology, Crypto, and more, reflecting a broad and insightful perspective that engages and informs diverse audiences.

World

Bank of America Associate Dies with Acute Coronary Artery Thrombus

Published

on

Bank of America Associate Dies with Acute Coronary Artery Thrombus

Bank of America (BAC. N) announced on Monday that an investment banker at the organization met his/her ultimate demise. 

While the netizens are searching and speculating about the reason behind a Bank of America employee’s death, it is unveiled that the deceased passed away of natural causes, reported Reuters.

The details were confirmed by the Chief Medical Examiner of the New York Office when he was asked about decoding the possible reasons for the employees’ deaths. An email from the New York Office confirmed this. 

Advertisement

The organization announced that the person “died of acute coronary artery thrombus.” The alleged disease “causes the formation of a blood clot inside a blood vessel of the heart.”

In the wake of this, the employer organization, Bank of America, announced that it would extend support to the deceased’s family. It further added, “our focus is on doing whatever we can to support the family and our team, who are devastated.”

Identity of the Individual 

Until now, Bank of America hasn’t disclosed the individual’s identity, age or name. 

Advertisement

Even the deceased’s relatives have not shared the identity of the person, while they continue to grieve about his/her death.

The deceased employee was an important part of the FIG or financial institutions group. The work of FIG is to provide advices to bank clients regarding deals. 

A source familiar with the deceased employee of Bank of America revealed that the employee was to also be “a former member of the U.S. Green Beret special forces.”

Advertisement

As per another person associated with this matter, the Bank of America employee met his/her ultimate demise on Thursday. 

According to Nairametrics, this tragic death incident follows certain complaints by junior banking colleagues. The complaints comprise working hours of employees being more than 100 hours a week during 2020 and beyond.

Also Read: LVAC Shooting Update: Male Suspect Arrested, Near Las Vegas Gym On Flamingo Road

Advertisement
Continue Reading

World

New-Age Cheating Explained as IB Paper Leak Got 45K+ Downloads 

Published

on

New-Age Cheating Explained as IB Paper Leak Got 45K+ Downloads 

New-age cheating has currently dominated the of media headlines and social media platforms.

In this, students who sat for Class XII board exams for the International Baccalaureate Diploma Programme (IBDP) reportedly learned the question in on a Mathematics paper.

Later, they shared the questions online on social media. Moreover, they assisted students in different time zones who were yet to sit for the exam. 

Advertisement

According to TOI, on May 1 and 2, the Math exam for two hours was conducted. However, reportedly on May 3, paper leaked news was discovered. 

These annual exams are conducted by IB in three time zones. 

IB has acknowledged the question leak situation due to difference in time zones. However, the country of origin of the leak hasn’t been made public yet. 

Advertisement

Reportedly, principals in Mumbai alleged that the part was leaked from Turkey. 

Due to the time zone difference, the paper leak is more likely to benefit students in the Americas, Europe, Singapore, and Hong Kong. Moreover, it is less likely to benefit Indian students. 

The highlights of the report added that this is probably the first instance of a paper leak. The Switzerland-based board witnessed this scenario for the first time in its 55-year history, adds FirstPost.

Advertisement

On Sunday, IB stated that there was no concrete evidence of the spread of the “time zone cheating.” However, they did discover a number of students who were involved in the practice. 

SCMP reported that “the materials were downloaded more than 45,000 times.”

What is the International Baccalaureate (IB)?

International Baccalaureate (IB) is a Switzerland-based board for providing education to students. It was founded in 1968 and is headquartered in Geneva, Switzerland. 

Advertisement

Its curriculum is divided into 4 programmes for students from 3–19 years. 

1. Primary Years Programme (3-12 years)

2. Middle Years Programme (11-16 years)

Advertisement

3. Diploma Programme (16-19 years)

4. Career-Related Programme (16-19 years)

India has a total of 210 IB World schools. Chennai, Bangalore, Kolkata, Mumbai and New Delhi have the larger concentrations of schools in India.

Advertisement

Also Read: Mastermind of Rajasthan JEN paper leak case nabbed after three years

Continue Reading

World

North Braddock Church Shooting: Bernard Polite Threatened Pastor, Got Arrested

Published

on

North Braddock Church Shooting: Bernard Polite Threatened Pastor, Got Arrested

A church service in North Braddock, Pennsylvania was agitatedly disturbed on Sunday. 

A 26-year-old man, who was identified as Bernard Polite, is said to be behind the shooting that took place at Jesus’ Dwelling Place Church. 

Bernard Polite allegedly brandished a firearm during his sermon targeting Pastor Glenn Germany. 

Advertisement

The shooting incident at North Braddock Church occurred shortly after 1 p.m.  NBC reported that Pennsylvania State Police charged the 26-year-old. 

Video Footage Obtained 

A video clip was obtained by the church’s deacon. Pastor Glenn Germany shared the footage online. In the clip, an alarming moment can be spotted when “the pastor was confronted by Polite, with the firearm visibly aimed in his direction.”

Pastor Germany said, “I was like, this is not happening” to CBS

Advertisement

In the video, Deacon Clarence McCallister could also be spotted rushing towards the 26-year-old and throwing him to the ground. Deacon revealed that it was his stimulus that worked, as his mind reacted promptly to the pandemonium. 

Prior to this shooting incident, congregants had accumulated at the Jesus’ Dwelling Place Church to participate in the religious proceedings. Pastor Glenn Germany was guiding everyone. 

However, the peace of the surroundings broke out when police entered the church wielding a firearm with alleged intent.

Advertisement

The attack on Pastor Glenn Germany is a lesson for the world to understand the importance of having strong security measures at in church. The safety of parishioners and clergy personnel should not be avoided at any cost. 

Many houses of worship are equipped with increased security. However, prompt readiness and alertness needs to be emphasized. 

According to TimesNow, congregations and religious leaders were advised by the authorities to continue being proactive and watchful while resolving any potential threats approaching.

Advertisement

Also Read: LVAC Shooting Update: Male Suspect Arrested, Near Las Vegas Gym On Flamingo Road

Continue Reading

Trending

This will close in 5 seconds