Shakib Al Hasan is the 'poster boy' of Bangladesh cricket. He is also discussed at various times for his controversial activities on and off the field. However, Shakib Al Hasan is not just a cricketer in the corporate world of the country. Apart from being known as a commodity ambassador, Shakib has already expanded his reach in the corporate world through various investments and businesses.
Shakib Al Hasan's primary business involvement as a businessman through investment in restaurant business. After that, he quickly expanded his business environment. He has investments in various sectors of the country including stock market, power plants, cosmetics, travel agencies, hotels, event management and crab and kunch farms. Outside the country, Shakib Al Hasan has invested large sums in various countries including the United States and Saudi Arabia.
But above all, Shakib has recently become a big influence in the country's capital market. He has invested large sums of money. He has formed alliances with big 'players' in the capital market. Shakib Al Hasan, the goodwill ambassador of the Bangladesh Securities and Exchange Commission (BSEC), the regulator of the capital market, has also recently received approval for a brokerage house. All in all, Shakib Al Hasan has become a big entrepreneur in the corporate world at the expense of cricket.
Banik Barta has investigated about Shakib Al Hasan's investments, assets and business environment. The long search included reviewing bank account information as well as talking to his business associates and classmates. Concerned people said that Shakib Al Hasan entered the business world after 2010. He has invested one after another in different sectors. But the success of Shakib with bat and ball did not catch the business. Most of his institutions in the country are sick. He has already sold some companies. However, recently Shakib Al Hasan is moving to the United States by restricting his business activities in the country.
A few years ago, Shakib Al Hasan's consortium applied to the Bangladesh Power Development Board (BPDB) for a 200-megawatt dual-fuel power plant at Shikalbaha in Chittagong. The proposed power plant of NEL-RML-SNEPSCL Energy Consortium offered to supply power to BPDB for 15 years. The company said it would go into production within a year and a half of signing the contract.
Shakib Al Hasan himself signed the letter sent to BPDB as the authorized representative of the power plant. The letter showed the consortium's head office, the Millennium Square in the capital's Pragati Sarani. However, the BPDB returned the application as it was incomplete. After that, Shakib Al Hasan contacted several big industrialists of the country to jointly build the power plant. But in the end the power plant did not see the light. However, it is still in the state of application to BPDB.
Shakib Al Hasan runs a restaurant called Shakib's Dines in Banani, Dhaka. The restaurant was inaugurated in 2015. However, he sold the restaurant a few days later. At present, there are two restaurants named 'Sakib's-75' in Mirpur and Dhanmondi of the capital.
In 2016, Shakib Al Hasan set up a crab and kunch farm on 14 acres of land in Datinakhali, Burigoalini Union, Shyamnagar Upazila, Satkhira. However, the farm named Shakib Agro Farm Limited has been closed for almost two years. The company's signboard also disappeared a few days ago.
Bhabatosh Kumar Mandal, chairman of Burigoalini Union Parishad, told Banik Barta yesterday that the farm was set up with land lease from local farmers. But the promised land rent of the farmers was not paid. Besides, the workers blocked the road in protest processions last year due to arrears of salaries and allowances of the workers working in the farm. Shakib Agro Farm Limited has been closed since then. At present the farm does not even have a signboard.
Shakib Al Hasan also started a cosmetics business with the interest of his wife Umme Ahmed Shishir. Shakib inaugurated a cosmetics shop called Cosmic Jovian at Jamuna Future Park in the capital. However, like Crab Farm, the world's leading brand of cosmetics marketing is closed now. A search of the shopping mall yesterday revealed that Cosmic Jovian's showroom has been closed for a long time.
In January 2015, Shakib Al Hasan officially inaugurated an event management company called Fiesta. Although the company started in 2008, Shakib joined it in 2015. Among the 13 directors of the company, Shakib Al Hasan is the chairman and Naqib Chowdhury is the managing director. However, there are allegations against Shakib's event management company of human trafficking behind a cultural event in Japan.
Shakib Al Hasan has visited Saudi Arabia several times since 2016. Shakib's classmates said that even though he went to Saudi Arabia to perform Umrah, his main purpose was to expand his business. At that time Shakib bought several residential hotels in Saudi Arabia. The hotels were bought mainly for renting from Bangladeshis going for Umrah. Following this, Shakib inaugurated a travel agency called 'Sah-75 Tours and Travels Management' in 2020. But due to the outbreak of novel coronavirus, the business of this organization has also stopped.
Shakib also agreed to buy 20,000 square feet of commercial space at the White Sand Resort Hotel Cum Shopping Mall in Cox's Bazaar in February 2016.
Shakib Al Hasan has been serving as the goodwill ambassador of BSEC since 2017. Monarch Holdings, which owns the company, received initial approval from the company in May this year. Monarch Holdings, which owns the company, received initial approval from the company in May this year. Documents submitted to the Dhaka Stock Exchange (DSE) showed that Shakib Al Hasan is the chairman of Monarch Holdings. The managing director of the company is Kazi Sadia Hasan, wife of Abul Khair Hiru, a well-known stock trader in Pankajibazar and an official of the Cooperatives Department. The directors are Javed A. Matin and Abul Kalam Matbar.
Shakib Al Hasan has been playing franchise cricket in different countries since 2009. He regularly plays domestic cricket in various countries of the world including English County Cricket, Big Bash, Indian Premier League (IPL), Caribbean Premier League, Sri Lankan Premier League and Pakistan Super League. Concerned people said that Shakib Al Hasan has earned a huge amount by playing in various foreign leagues. But he did not bring the money earned by playing abroad to the country. Shakib took the earned money to the United States. He has investments in various sectors in the United States. Meanwhile, Shakib Al Hasan has bought a house in the US state of Wisconsin.
Since 2009, Shakib Al Hasan has been contracted as a goodwill ambassador and commodity ambassador for various organizations. At that time he signed a contract with a bank for Taka 15 lakh as a goodwill ambassador. Shakib Al Hasan got acquainted with the country's banking sector through that agreement. Since then, he has been the goodwill ambassador of various banks including BRAC and Standard Chartered. At the same time, Shakib Al Hasan has acted as advertising ambassador for various products including Pepsi, Banglalink, Castrol, Lifeboy, Singer Electronics, Norton Antivirus, Boost, La Reve, Lenovo, Runner Motorcycle, Ja'NG Ice Cream and Tiffin Biscuits. In return he got huge amount of money from different organizations. He got acquainted with the country's top businessmen, politicians and powerful people.
Shakib Al Hasan's main bank account is in Standard Chartered Bank, a multinational bank. Besides, he has accounts in several banks including UCB, EBL, Islami Bank. Banik Barta has tried to measure his wealth on the basis of information obtained from various sources including Shakib's long time classmate, banker, BO account of capital market.
However, a number of websites that publish information about the income and lifestyle of the stars provide an idea of Shakib Al Hasan's total wealth. According to Cricket Tracker, Shakib Al Hasan's wealth in 2016 was 3.5 crore dollars. And according to Cloud Net Worth, at the end of 2019, Shakib's wealth was 3 crore 60 lakh dollars. On the other hand, according to NetWorthIdea, Shakib's wealth in 2021 is estimated at 4 crore dollars, in Bangladeshi currency which is about Taka 340 crore. The websites have calculated the total assets of Shakib Al Hasan on the basis of his salary as a contracted player of Bangladesh Cricket Board (BCB), income from franchise league, income as a trade ambassador and income from various businesses in Bangladesh.
However, Shakib Al Hasan did not agree to comment on his business and assets. "I don't want to talk about anything at the moment," he said when contacted by cell phone on behalf of Banik Barta yesterday afternoon.