Malik Riaz Hussain, a billionaire Pakistani developer, has responded to the misery of millions of his flood-stricken compatriots by pledging to spend 75 per cent of his fortune on rebuilding their lives.

Mr Hussain is the chairman of Bahria Town, a US$6 billion (Dh22bn) urban development enterprise that has built gated communities for a million people in the central cities of Lahore and Rawalpindi.

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