Shahid Khan is a Pakistani-American entrepreneur and business magnate. He was born on July 18, 1950, in Lahore, Pakistan. He completed his education at the University of Illinois and started his career as a car bumper engineer at Flex-N-Gate, an automotive parts manufacturing company based in Urbana, Illinois.
In 1980, Shahid Khan bought Flex-N-Gate and became its CEO. He grew the company into a global automotive supplier with more than 60 manufacturing facilities and 24,000 employees worldwide. Under his leadership, the company became one of the largest privately held companies in the United States.
Aside from his success in the automotive industry, Shahid Khan also owns several sports franchises. He bought the Jacksonville Jaguars, a professional American football team in the National Football League (NFL), in 2011. In 2013, he purchased Fulham Football Club, a professional football club based in London, England.
Shahid Khan’s success as an entrepreneur and sports team owner has earned him a place on the Forbes list of the wealthiest people in the world, with a net worth of over $8 billion. He is also known for his philanthropy, including donating $1 million to COVID-19 relief efforts in Jacksonville, Florida.
Furthermore, Khan has investments in various industries such as real estate, technology, and media. In 2018, he acquired the Four Seasons Hotel Toronto, and in 2020, he purchased the historic London building, Grosvenor House Hotel. He is also an investor in several technology startups and has a stake in media company Tronc, which owns the Chicago Tribune and the Baltimore Sun.
In addition to his success in the automotive industry, Khan has also invested in a range of other businesses, including sports teams, real estate, and entertainment. He is a part-owner of All Elite Wrestling, a professional wrestling promotion, and has also invested in the esports organization Vision Venture Partners.
Overall, Shahid Khan is a successful entrepreneur and has been recognized for his business achievements with several awards, including the Entrepreneur of the Year Award from Ernst & Young in 2012.