Iqbal Ali Lakhani
is a Pakistani
industrialist belonging to Karachi
's wealthy Lakhani
family that is reported to be among the top 22 richest families in the country.Pakistan officials confirm the arrest of Lakhani brothers
, Asian Political News, May 15, 2000 accessed at October 25, 2006 He is one of four brothers controlling the Lakson Group
and he is the group chairman.
Their businesses are very diverse. Their flagship company was the Lakson Tobacco Company which is the largest tobacco exporter in Pakistan. The company was recently sold to Phillip Morris International.
Lakhani, is the most well-known of all Ismaeli tycoons. Their stakes range from media, tobacco, paper, chemicals and surgical equipment to cotton, packaging, insurance, detergents, Pakistan's largest data communication company CYBERNET and other house-hold items, many of which are joint ventures with leading international conglomerates.