Shahid Khan – Pakistani Billionaire

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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)

 

shahid-khanNet 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.

 

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