Shahid Khan, Pakistani –American owner of an American football team — known as the Jacksonville Jaguars, has become the focus of attention as the football season here gets into full gear. (Dawn)
Net Worth
$2.5 B (As of March 2012)
At a Glance
- Age: 62
- Source of Wealth: Auto parts, Self-made
- Residence: Naples, FL
- Country of Citizenship: United States
- Education: Bachelor of Arts / Science, University of Illinois at Urbana
- Marital Status: Married
- Children: 2
Forbes Lists
#491 Forbes Billionaires
#164 in United States
New Jacksonville Jaguars owner Shahid Khan tried to buy a majority stake in the St. Louis Rams football team in 2010, but was beat out by fellow billionaire Stan Kroenke. Instead, Khan purchased the Jaguars from Wayne Weaver for $770 million, with the sale finalized in January 2012. Khan is a naturalized U.S. citizen who emigrated from Pakistan for college at age 16. He got his start working at auto parts manufacturer Flex-N-Gate while earning his engineering degree. He left in 1978 to found his own company, Bumper Works, and created a new one-piece car bumper design that would become the industry standard. Two years later, Khan bought his former employer and merged operations. Flex-N-Gate, still privately-held, now takes in more than $3 billion in revenue a year.
