Seth Abid Hussain, born in 1933 in Kasur, Pakistan, was a prominent businessman whose life was marked by immense wealth, controversy, and significant influence. Starting from humble beginnings, he ventured into the gold trade, earning the moniker “The King of Gold” due to his extensive involvement in gold smuggling during the 1960s and 1970s.
Abid’s operations were not limited to gold; he diversified into real estate, becoming one of the largest property owners in Lahore. His business ventures, while lucrative, often attracted scrutiny and speculation, especially regarding the legality of his enterprises. Despite the controversies, he maintained a significant presence in Pakistan’s economic landscape.
One of the most notable aspects of Seth Abid‘s life was his alleged contribution to Pakistan’s nuclear program. It is believed that he assisted in procuring critical equipment, playing a covert yet pivotal role in advancing the country’s nuclear capabilities.
Beyond his business endeavors, Abid was recognized for his philanthropic efforts. He founded the Hamza Foundation Academy for the Deaf in Lahore, providing education and support to hearing-impaired children. His charitable work extended to various sectors, including health and education, reflecting his commitment to social welfare.
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Abid’s personal life, however, was not without tragedy. In 2006, his son, Hafiz Ayaz Ahmad, was fatally shot by a security guard, a loss that profoundly affected him. Despite such personal and public challenges, Seth Abid remained a formidable figure until his death in 2021. His legacy continues to evoke discussions about the intricate interplay of wealth, controversy, and influence in Pakistan’s socio-economic fabric.
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