Sharif, who was forced to quit twice in the middle of his term - first by the presidency, then the military - survived a similar fate at the hands of judiciary.
Sharif, who leads the country's most powerful political family and the ruling PML-N party, successfully managed to swim through all the "tsunamis" since he assumed power for the third term in June 2013.
The revelation forced Sharif to address the nation twice and disclose a detailed account of his family's businesses in the National Assembly, explaining how his late father had built the business empire, which was the source of income used to buy properties in London and other holdings.
Sharif, popular among his followers as the 'Lion of Punjab', had promised to quit if found guilty in the case.
A steel tycoon cum politician, Sharif had served as the Prime Minister for the first time from 1990 to 1993.
During his tenure, Sharif developed serious differences with conservative president Ghulam Ishaq Khan, who dissolved the National Assembly using his reserve powers in April 1993. In July, Sharif resigned under pressure from the army but made a settlement that resulted in the removal of Khan as well.
In a dramatic fall from grace, Sharif ended up in jail, convicted of hijacking charges for trying to stop a plane carrying Musharraf from landing. He then went into exile in Saudi Arabia and didn't return to Pakistan until 2007, when he teamed up with the PPP to force Musharraf from office.
Both of Sharif's first two stints had ended in the third year of his tenure.
In the 2013 elections, Sharif's centre-right Pakistan Muslim League-N (PML-N) emerged as the single largest party falling just short of a majority. But, he was able to muster the required strength within days as many independents came forward to support him.
During this tenure, Sharif launched a number of development projects including the multi-billion China- Pakistan Economic Corridor (CPEC).
His another major achievement has been the launch of military operation Zarb-e-Azb in 2014 to flush out the militants from North Waziristan and South Waziristan.
Sharif, who was considered to be soft on hardliners, backed a ban on Tablighi Jamaat from preaching in educational institutions. In a stern message to extremists, his government hanged Mumtaz Qadri who shot dead Punjab Governor Salman Taseer in 2011 over his opposition to blasphemy laws.
However, terror attacks on Indian defence installations last year by Pakistan-based terrorists derailed the Indo-Pak relations.
Under the Sharif regime, Pakistan has been at loggerheads with India over several issues, including on Islamabad's support to terrorism.
Sharif was born in 1949 into a wealthy family of industrialists in Lahore and was educated privately at English-language schools.
He received a degree in law from the University of Punjab before joining his father's steel company and eventually entering politics.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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