Mir Mohammad Alikhan

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Mir

Mohammad

Alikhan
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Born24-09-1965
Karachi
Spouse(s)Shamaila Alikhan
ChildrenMir Zayn Alikhan, Mir Zohayr Alikhan, Mir Zulfiqar Alikhan
Parent(s)Mir Abid Alikhan, Farhat Alikhan
Websitehttps://mirmak.pk/

Mir Mohammad Alikhan is a Pakistani born Wall Street trained Investment Banker born on September 24, 1965 in Karachi, Pakistan. He is also known as MirMak. Currently resides in Pakistan after moving back to Karachi in 2010 from London where he was residing. He also served as an advisor in the government of General (R) Pervez Musharraf, Ex President of Pakistan, in what is known as The National Reconstruction Bureau NRB from November 1999 to 2001. Mir is an author of 4 books and several articles on finance, politics and self improvement.[1] [2] [3] [4]. Mir has been covered as "The First Muslim Owner Of An Investment Bank on Wall Street" by Hello Pakistan Magazine[5] which is part of Hello Magazine Worldwide [6]. He has also been featured in Pakistani newspapers such as Dawn and Daily Pakistan [7][8]

He has also been a speaker on TedEx twice [9] [10] and also a regular speaker in Pakistani universities. He has also been a speaker at The National Defence University NDU [11] and is a graduate of Maritime Security Workshop MSW from The Naval War College Lahore[12], Pakistan. He is also a regular guest on television channels on the topic of finance, economy and international and domestic affairs.


Family Background & Early Life

Mir Mohammmad Alikhan hails from The Mirs of Hyderabad Deccan and is the maternal grandson of Syed Ali Asghar Bilgrami, Governor of the state of Aurangabad in the princely state of Mir Osman Ali Khan. He is the son of Mir Abid Alikhan and Farhat Bilgrami.

Mir studied at Sharfabad Government School for the first few years of his education and then moved to St. Patrick's High School, Karachi.[13] He moved to the United States of America in his early teenage years along with his family. His state of residence was New Jersey where he worked full time at Burger King[14] mopping floors and cleaning tables and started attending Rutgers University[15], New Brunswick Campus in the evenings to study finance and economics. For the next three years all different kinds of odd jobs as a security guard at AT&T, also in the apparel department of Kmart, finally landing a job as a bank teller at The Peoples Bankon Easton Ave New Brunswick New Jersey. Mir was an active member of Rutgers University Table Tennis team and also served for one year as the elected President of Pakistan Students Association at Rutgers university.

Professional Life

During his third year at Rutgers University he landed a Job at the Prudential Financial Services, as a Estate Planning and Taxation Consultant. At Prudential Financial Mir then moved to Bache & Co., an investment banking division of The Prudential Financial Services at One Penn Plaza, New York City. Prudential Financial had acquired Bache & Co.. in 1981 renaming it The Prudential-Bache Securities. Mir started as a Cold Caller at The Pru-Bache, he stayed at the Pru-Bache for 8 months opening accounts for the senior stockbrokers. Mir Then moved to a smaller investment banking & stock brokerage firm specializing in small cap Initial Public Offerings IPO on Wall Street called South Richmond Securities.

At The South Richmond Securities Mir was promoted as a group sales manager during his second year at the firm. Mir then moved to Commonwealth Securities and then to The Barrett Day Securities as an Executive Vice President before opening up his own full service investment banking firm by the name of Klein Maus & Shire better known as KMS Investment Bank at 110 Wall Street in Lower Manhattan in the year 1994. During his tenure at Barret Day, Mir registered himself as a Registered investment adviser RIA with The U.S. Securities and Exchange Commission Mir then founded a company by the name of International Investment Management IIM which focused on managing funds for the Gulf Cooperation Council & the Middle Eastern high net worth clients. KMS was licensed by NASDAQ & The U.S. Securities and Exchange Commission to provide full service investment banking, retail, brokerage, advisory services along with underwriting for IPOs in 50 American states. In the subsequent years Mir founded a holding company by the name of United States Financial Group which commonly came to be known as U.S.F.G Inc. registered as an investment banking holding company with The U.S.SEC. U.S.F.G took over KMS Investment Banking in addition to acquiring United States Military Commissary Company by the name of U.S.Military Resale Group based in Virginia, USA, and a herbal medicine marketing company named as The Sureal, based out of Salt Lake city, Utah. U.S.F.G was formed with an intention of listing itself on the stock exchange was successful in filing its IPO with The SEC in 1998 through an independent 50 year old investment banking firm called Kashner Davidson based out of Florida. The U.S.F.G Board Of Directors included Joseph E. Antonini, President of Kmart, The Sports Authority, Borders Bookstore, and The Home Depot. Another Director on U.S.F.G's board was baseball Hall Of Fame player, Willie Mays. The Vice President of The Forbes[16] Mr. Leonard Yablon also joined U.S.F.G. The U.S.F.G received an independent valuation from Kashner Davidson of $150 Million Dollars in 1998 consisting of 10 million shares at $15 a share to be listed on NASDAQ of which 82% was owned by its founder and Chairman MirMak.

Controversy

KMS Investment Bank closed its doors in March 1999 and Mir Mohammad Alikhan left for the Middle east to visit his clients and landed in Dubai, United Arab Emirates. When Mir left America to visit his clients there were no charges against him. He left from John F. Kennedy International Airport with a return ticket in hand. 3 days after he left, The Attorney General of New York revealed a 5 count indictment of Grand Larceny accusing Mir of stealing funds from his clients including the New York Mafia family head, Thomas Gambino.[17] From Dubai Mir contacted his law firm Proskauer Rose, a 110 year old international law firm with 12 offices worldwide and a team of 700 lawyers. His lawyers advised him not to fly back to America under the current circumstances as because Mir was never informed about the Grand Jury hearings that were being conducted by the office of The Attorney General, which was his legal right.

The New York Times Article

Almost 9 months after Mir had left America and after joining General R Pervez Musharraf government in November 1999, The New York Times wrote a full page article about Mir Mohammad Alikhan on its first edition of the millennium on January 2nd 2000.[18] The same article was duplicated by many international newspapers including The Los Angeles Times. According to Mir's several interviews[19][20] and recorded video reply to the article with documented evidences, he alleges that The NYT article was misleading because it was published 9 months after Mir had left America and after joining the controversial government of Pervez Musharraf which came into existence through a military coup. Mir objects on the timing of the article and has always questioned as to why it was not published when the indictment was revealed against him instead of 9 months later after he joined the government of Musharraf. Mir also reveals in his hour long video reply to the article with documents that the article was published with misleading information, wrong revenue figures of U.S.F.G. Mir also says that The Mafia Boss, Thomas Gambino was never his client, he never even spoke to him or met him. Gambino was a client of one of the Stock Brokers at KMS, Maurice (Mike) Gross for 15 years. Mike had moved to KMS from another investment bank and as a routine all his clients were moved to KMS Investment Bank along with other clients of Mr. Gross.

Political Involvements

While living in America Mir was a Republican Party (United States) member and a political action committee donor. He was the Member of The New Jersey Governors' Council in 1998 under the Governorship of Christine Todd Whitman. He also served as the Vice Chairman of her inaugural committee. Mir has also served as The Grand Marshall of the Republican Party of Florida under the Governorship of Jeb Bush. Mir was involved in several Republican Presidential committees and was an active member of the election committee of Congressman Richard Zimmer. In Pakistan Mir has stayed away from joining and political party.

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