Facts of Shahid Khan
|Full Name||Shahid Khan|
|Date of Birth||July 18,1950|
How Much Is The Net Worth Of Shahid Khan?
As of 2019, Shahid Khan has a net worth of around $7.5 billion and is ranked 65th in the Forbes 400 list of richest American. Moreover, he is the 224th wealthiest person in the world. Khan is also the richest person of Pakistani origin.
Scroll below for more details on his net worth Salary, income sources, assets, charities and other details.
Net Worth Details- Salary And Income Sources
As of 2019, Shahid Khan is estimated to have a net worth of around $7.5 billion according to Celebrity Net worth while another source claimed his net worth to be approximately $6.9 billion.
Pakistani born American billionaire businessman Khan accumulated such huge net worth as a businessman. He is now a proud owner of NFL’s Jacksonville Jaguars, English Football Club Fulham F.C. and lead investor of All Elite Wrestling.
When he came to America, he only had around $15 in his pocket. He spent his first night in the United States in a $2 per night room at the University of Young Men’s Christian Association. He firstly worked as a dishwasher with a salary of around $1.20 per hour.
Interesting Fact: He actually arrived in the United States to become an architect but changed his mind and became an entrepreneur.
He graduated from Grainger College of Engineering in 1971, and later in 1999 was awarded Mechanical Science and Engineering Distinguished Alumni Award. After graduation, he started working in automotive manufacturing company Flex-N-Gate Cooperation.
In 1978, he started his own repair shop in which he did bumper works and customize pickup. For the shop, he took the loan of around $50,000 from U.S. Small Business Administration and he himself had savings of approximately $16,000.
After a few years, he bought the company he worked in for years. After he bought Flex-N-Gate, Khan expanded the company from only $17 million to $2 billion by 2010. In 2017, his company had a global revenue of $7.5 billion ranking 49th largest USA private company.
As of now, his company sells around $3 billion a year of different 41 car brands.
Did You Know? The Occupational Safety and Health Administration charged Flex-N-Gate with health violations at its Urbana plant and fined with $57,000.
In 2012, Khan bought the NFL team Jacksonville Jaguars in around $760 million and following a year, he spent around $300 million for Premier League Club Fulham. Although, it was estimated to be $300 million the exact official purchase price for the club was not disclosed.
After owning these leading teams, he earned around $125 million from the annual revenue from the clubs. Apart from that, he also makes a good sum from the endorsements deals and his investments.
Assets, Lifestyle, Houses, Cars, Expenses, Taxes, Insurances, Charity Works
Talking about his assets, he owns a large and luxurious house in Champaign, Illinois. He also owns a penthouse worth around $8 million in Park Tower which is actually the largest building in Chicago.
The house which he previously owned in Naples, Florida was worth approximately $11.5 million. The billionaire also has a mega yacht named Kismet which is worth $115,000,000 and other yacht costing $200 million.
Moreover, he has 3 private jets registered under his company Flex-N-Gate. His jet planes lists; 2011 Learjet, 2013 Bombardier Global 6000. He is also fond of luxury Cars including Aston Martin ($200,000), Lamborghini Veneno ($4.5 million), and Pagani Huayra ($1.5 million).
He surely knows how to live a lavish lifestyle.
|Donated to the City of Jacksonville’s Veterans Resource and Reintegration Center||$1,000,000|
|Donated to the children’s and family programs||$1,600,000|
|Donated a certain amount from the Jaguars Foundation||$1,000,000|
|Donated to support creativity and innovation during the One Spark event in Jacksonville||$1,000,000|
|Donated to the University of Illinois||$25 million|
Shahid Khan Personal Life- Age, Married, Children, Height, Weight
Shahid Khan was born on 18 July 1950 under the sun sign Cancer. He was born and raised until mid-teens in Lahore, Pakistan. He holds dual nationality; Pakistani-American and belongs to the Caucasian ethnicity. He follows the Muslim religion.
As of 2019, Shahid Khan is 68 years old. He stands tall at the height of around 5 feet 9 inches (175 cm) and weighs around 70 kgs (154 pounds).
Coming to his personal life, Shahid is a married man. He tied the knot to Ann Carlson Khan after dating for 10 years in 1977. He met his future wife at college in 1967. The power couple is blessed with two children; a son, Tony Khan, and a daughter, Shanna Khan.