Nasir Ali Shah Bukhari
KARACHI: Is it true that losing your entire fortune at once is less painful than losing only half of it? Or is financial ruin in small doses more bearable than complete destruction in one fell swoop?
I put this question to Nasir Ali Shah Bukhari, patriarch of the Khadim Ali Shah Bukhari (KASB) group that ran until 2014 a multi-billion-rupee empire with stakes in banking, brokerage, asset management, real estate and oil and gas exploration industries.
“I never calculated how much money I lost that night. I have no regret,” said Mr Bukhari who had built his business empire from the ground up over decades but lost it all in just one night six years ago.