Arif Naqvi and Bill Gates at the 2018 World Economic Forum
at Davos | Dawn file photo
This is the story of a Pakistani who, until recently, managed $14 billion of rich people’s money. He convinced the World Bank, the Bill and Melinda Gates Foundation and the governments of the United States, the United Kingdom and France to let him use their money to buy stakes in about 100 companies worldwide, in the name of improving ordinary lives. He hobnobbed with presidents, Arab royalty and US secretaries of state. He had former American president Bill Clinton speak to his investors.
This is the story of Arif Naqvi, founder and chief executive officer of the Abraaj Group, a private equity firm based in Dubai.