Pakistan’s Richest Man Shahzada Dawood Is Missing In Titanic Submersible. Know His Net Worth, Business, Etc

A submersible including five people to watch the mysterious Titanic ship and its remains in the middle of the North Atlantic Ocean goes missing and has created havoc. The desperate and massive search operation is going on and there have been reports of banging sounds in that area. 

Canadian P-3 aircraft found the underwater noises on Tuesday. Unfortunately, the US Coast Guard could not find the main source of these sounds. A lot of information is spreading at a great pace. As per the internal government memo, the banging sounds can be heard at 30-minute intervals and shows that the people in the submersible might be alive. 

The Titan submersible was on its way to the Titanic wreckage which is off the coast of St. John which is Canada. The submersible lost its contact with the support ship. The people trapped in it are Pakistan’s richest man Shahzada Dawood along with his son Sulaiman Dawood. They have now available oxygen only for a few days. 

Who Is Shahzada Dawood?

Shahzada Dawood is one of the richest men in Pakistan and is a board member of The Prince’s Trust Charity. In his family, he has a son named Sulaiman Dawood who is 19 years old, his wife Christine as well as daughter Alina. This family is the richest in Pakistan and has strong connections in the UK. 

Also, it is believed that Shahzada Dawood lives in an amazing Surrey Mansion along with his family. He is also a vice chairman of Engro Corporation which is known to make fertilizers, food, as well as energy. Dawood has a business of chemicals which is named Dawood Hercules Corporation. 

Know His Net Worth

Shahzada Dawood is known as one of the richest men in Pakistan. Hence, everyone gets curious about his net worth. Since the day he has been missing in the submarine, people have left no stone unturned to find his details.

As per the sources, Shahzada Dawood has a net worth that ranges between $350 million and $1 billion. Being a director and vice chairman of Ergo Corporation, he has accumulated a lot of wealth in the last few years.

His company’s business is spread over various areas. The most prominent fields of his business are energy, infrastructure, petrochemicals, food, agriculture, telecommunication, etc.

Apart from being a director and vice chairman of Ergo Corporation, he is also a director of another biggest company named Dawood Hercules Corporation. He is also one of the trustees of the SETI Institute along with the Dawood Foundation.

He often meets King Charles III as he works closely with his Trust and The British Asian Trust.

How Many Other People Are On The Lost Submersible?

There are two five people missing or who were on the lost submersible. The confirmed list of missing people Includes Shahzada Dawood and his son Sulaiman Dawood, the other people are British businessmen named Hamish Harding, and Paul Henri Nargeolet who is a French diver. The last person is known to be OceanGate’s CEO as well as the founder of Stockton Rush. 

How The Submersible Did Go Missing? 

The submersible was known to be on an 8-day journey which was conducted by OceanGate Expeditions. The trip was priced at $250, 000 for each person and was based out of Newfoundland. Every person needed to travel 400 nautical miles to the main wreck site which was known to be 900 miles off the Cape Cod coast located in Massachusetts. 

It began on Sunday morning which is June 18, 2023, and later lost its contact with the supporting ship named the Polar Prince after 1 hour and 45 minutes. The search operations began that day itself. There is no concrete reason behind losing contact. 

End note 

The submersible has 96 hours of oxygen for all five people on the board. By Tuesday, it is going to be 40 hours left. This means authorities are going to have time till Thursday morning to locate as well as retrieve the submersible. However, there are many challenges included in it like weather issues, remote location, ocean depth of 13000 feet which is below the sea level, etc. 

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