Jahangir Siddiqui

Jahangir Siddiqui is a Pakistani businessman and philanthropist. Siddiqui is the brother of the television director, producer and businessperson Sultana Siddiqui, and the uncle of her son the businessman Shunaid Qureshi. Jahangir Siddiqui's son Ali Jahangir Siddiqui is married to the daughter of Mir Shakil-ur-Rahman owner of Jang Group of Newspapers.

In 1971, Siddiqui founded Jahangir Siddiqui & Co. Ltd, which by growth and acquisition eventually became the JS Group of companies. Today, the JS Group of companies includes businesses that are a part of: JS Financial, JS Industrial, JS Infocom, JS Property, JS Resources and JS Transportation. JS Financial is the oldest of the group's businesses, and includes: Jahangir Siddiqui & Co. Ltd., JS Global Capital Limited, JS Bank Limited, JS Investments Limited and EFU Insurance Group and Bank Islami.

To raise money to start the company after his father's initial refusal to lend him Rs 6,000 to start a business, Siddiqui secretly sold his family's car to a junk dealer for Rs1,800, along with the family's two-year stock of wheat and coal, all of which were stored in the family's house at the time. When discussing this start as a businessman, Siddiqui has been quoted as saying "Positive thinking distinguishes an entrepreneur from the rest of the crowd. He’s never deterred by difficult circumstances.” On May 15, 1962, with the support of his family, Siddiqui became a local distributor of ice-cream and coca-cola. In 1966, he completed a bachelor's degree in commerce, and began training as a chartered accountant in 1967. His interest in stock markets eventually led him to starting his own company in October 1971.

By the time he retired from the company in 2003, JS Group comprised a range of businesses with over 18,000 employees. Siddiqui and his wife Mahvash went on to found the Mahvash & Jahangir Siddiqui Foundation, a charitable, non-profit organization, focusing on healthcare, education, sustainable development through social enterprise and emergency relief in Pakistan.

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