Hamza Shehbaz has assets worth Rs 410 million, making him richer than his father Mian Shehbaz Sharif who declared his assets with a total value of Rs 159 million.
According to ECP documents, former Punjab chief minister Shehbaz Sharif owns two properties in the United Kingdom, holds over half a million shares in three industrial units and owns 675 kanals of agricultural land in Lahore and Sheikhupura.
Shehbaz has put the total value of his assets at Rs159m, but excluding the amount equivalent to Rs108m secured against his properties in the UK, the net worth of his assets comes to about Rs50m. This means his son is eight times richer than him.
The net assets have declined to Rs50.10m from Rs92.94m in 2016, reflecting a decrease of Rs42.84m, according to ECP documents.