Mir Mohammad Alikhan
Mir Mohammad Alikhan | |
|---|---|
| میرمحمد علیخاں | |
 | |
| Born | 24 September 1965 (age 58) Karachi, Pakistan |
| Alma mater | St. Patrick's High School, Karachi |
| Occupation(s) | Investment banker, educationist |
| Spouse | Shamaila Alikhan |
| Children | 3 |
| Family | Asaf Jahi dynasty |
| Website | mirmak |
Mir Mohammad Alikhan, is a Pakistani investment banker based in Karachi, Pakistan. He is known for working on Wall Street, where he founded an investment bank.[1][2]
Khan is also known for co-founding AMZ MAK Capital along with Aref Mohammed al-Zarouni and currently serves its co-chairman.[3][4] He is also the founder of an education company called Mind and Markets.[5]
Biography[edit]
Khan was born into a family who are part of royal family of Mir Osman Ali Khan.[5] His grandfather, Syed Ali Asghar Bilgrami, served as a governor of five provinces.[5]
He studied at Sharfabad Government School for the first few years of his education and then moved to St. Patrick's High School, Karachi.[5] Growing up in Pakistan, Khan was interested to join the Pakistan Armed Forces and wanted to become a pilot, but decided against it because of his mother's disapproval.[2]
At the age of 19, he moved to the United States of America along with his family.[5] Khan worked for two years at a video rental store while he was a student at Rutgers University between 1985 and 1989.[6]
While in the United States, he started an investment bank and became the first Muslim to own an investment bank on Wall Street.[2] He is also known for starting the Islamic Benchmark Index and introducing Islamic banking in the United States.[2]
Khan was charged by Security and Exchange Commission (SEC) on 17 May 1999,[7] and by Manhattan Grand Jury on 17 May 1999 [8] for defrauding the investors. He become fugitive from the US law by the time all the various legal agencies were ready to arrest him, Khan had disappeared with his wife and two young sons, leaving Gross and Kohli, his wife's brother, to face the consequences of the firm's collapse.[9] According to him, he was targeted for being a Muslim working in a financial sector in United States of America.[10]
In September 2013, his holding company, AMZ MAK Capital, acquired Investor Guide 360 for an undisclosed amount.[3]
In 2016, he founded an education company called Mind And Markets.[2]
References[edit]
- ^ Hussain, Dilawar (29 June 2015). "Revisiting the book-building process". Dawn. Retrieved 25 March 2023.
- ^ a b c d e "Mir Mohammad AliKhan: The First Muslim Owner of an Investment Bank on Wall Street". 24 August 2016.
- ^ a b "Pakistani financial portal to be acquired by UAE-based group". The Express Tribune. Pakistan. 21 September 2013. Retrieved 25 March 2023.
- ^ "'We are wiping out the monopoly over information and the lack of structured knowledge from financial markets,' Co-chairman, AMZ MAK Capital Limited – Business Recorder".
- ^ a b c d e "The journey of a 'fugitive' from Wall Street to Khayaban-e-Shahbaz". 9 May 2017.
- ^ Henriques, Diana B. (2 January 2000). "Was He Wiser Than the Wise Guys?". The New York Times. Retrieved 5 December 2021.
- ^ "SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN" (PDF).
- ^ "Stock Broker Indicted For $1.2 Million Securities Fraud". ag.ny.gov. Retrieved 18 April 2022.
- ^ "Was He Wiser Than the Wise Guys? - The New York Times". The New York Times. 2 January 2000. Retrieved 5 December 2021.
- ^ "Watch Inspirational Interview Of Mir Mak Who Owned His Own Investment Bank In Wall Street America - UrduPoint Video". UrduPoint. Retrieved 5 December 2021.