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He is the recipient of Robert F. Kennedy Award for Excellence in Public Service for his contribution towards the Lawyers' Movement. He was named World Economic Forum's Young Global Leaders in 2011.

In 2010, Rahman and his television network were recognised for their "contribution in the historical Lawyers' Movement that revived independent judiciary in Pakistan". He became the first Muslim and the second South Asian to receive the prestigious Robert F. Kennedy Award for Excellence in Public Service from the Harvard Kennedy School recognising signs of future potential leadership and a deep commitment to public service.

In 2009, he joined the Harvard University John F Kennedy School of Government while pursuing his master's degree in public administration. He later had to take a sabbatical alongside his wife Sheena following her pregnancy. Sheena was also a fellow Harvard alumni pursuing her master's degree in education. Rahman also serves as a member of the Young presidents' Organization in Pakistan, a charter member of the Indus Entrepreneur and the director of Mir Khalil ur Rahman Foundation.

Until 2002, the electronic media in Pakistan was largely dominated by state-owned institutions like Pakistan Television Corporation and the Pakistan Broadcasting Corporation. This monopoly was thwarted when the Musharraf regime regulated electronic media allowing for private television channels to be operated independently. It was during this liberalisation of the media in Pakistan that Rahman saw an opportunity to expand his family business.

In 2002, he co-founded the privately owned television network, Geo TV. What started as a 5-member operation out of a hotel room turned into one of largest television broadcast networks in Pakistan. Geo TV was later recognised as a pertinent driver of change in the media landscape of the country. "Geo has changed Pakistan's media landscape, consistently challenging the monopoly-and monotony of state-run Pakistan Television, or PTV." "For the first time, analysts say, television in Pakistan is reflecting this predominantly Muslim country's diverse society and offering an independent source of news." Rahman has since served as the CEO of the television network that now employs more than 2,500 workers across the globe.

Born in Karachi, to a Kashmiri family. His father, a media mogul, Mir Shakil-ur-Rahman, Rahman studied at the Karachi American School and moved to the United States, where he received his BBA degree from Babson College in 2000. In the U.S., he started his career as an investment banker with Goldman Sachs. In 2002, he returned to Pakistan and joined his family media business and subsequently launched Pakistan's first private news channel in the fall of 2002. In 2009, he returned to the U.S and received his Master of Public Administration degree from the Harvard Kennedy School in 2010.

In 2000, Rahman graduated summa cum laude from Babson College with honours in economics, finance and entrepreneurship. After his graduation, he worked as an investment banker with Goldman Sachs specialising in media and telecom. After a brief stint with the investment banking and securities firm, he returned to Pakistan in 2002.

Mir Ibrahim Rahman (born in 1981) is a Pakistani media proprietor who serves as the chief executive of the Geo Television Network.