Shahid Khan’s Net Worth 2023


Shahid Khan
Shahid Khan



Shahid Khan is a Pakistani-American billionaire businessman and philanthropist. He was born on July 18, 1950, in Lahore, Pakistan. He is best known as the owner of the Jacksonville Jaguars of the National Football League (NFL) and the English Premier League club Fulham F.C. He is also the owner of the automobile parts manufacturer Flex-N-Gate Corporation.



NameShahid Rafiq Khan
Net Worth$12.1 Billion
Age72
ResidenceNaples, Florida
Marital StatusMarried
Source of WealthOwner of Flex-N-Gate, supplier of motor vehicle components.
Salary$10 million


Shahid Khan Net Worth
Shahid Khan


What is Shahid Khan’s Net Worth in 2023?


In 2023, Shahid Khan’s net worth is roughly around $12.1 million.


Khan moved to the United States in 1967 to attend the University of Illinois at Urbana–Champaign, where he earned a degree in industrial engineering. After graduation, he worked as a manager at Flex-N-Gate, eventually becoming the owner of the company in 1980. Under his leadership, the company grew to become a major supplier of automotive parts.


Shahid Khan’s Salary


As a private individual and business owner, Shahid Khan's salary is not publicly disclosed. However, as the owner of the Jacksonville Jaguars NFL team and Fulham F.C. soccer club, he may receive income from these businesses in the form of dividends or other payments. Additionally, as the CEO of Flex-N-Gate Corporation, a privately held company, he may receive compensation in the form of salary, bonuses, or other benefits, but this information is not publicly available.


Regardless, some sources say that Shahid Khan’s salary per year is $10 million.


Shahid Khan’s Investments


Shahid Khan has made a number of investments throughout his career. Here are some notable examples:


Jacksonville Jaguars: In 2011, Khan purchased the Jacksonville Jaguars of the NFL for an estimated $770 million, becoming the first minority owner of an NFL team.


Fulham F.C.: In 2013, Khan purchased the English soccer club Fulham F.C. for a reported £150 million.


Flex-N-Gate Corporation: Khan is the owner and CEO of Flex-N-Gate Corporation, one of the largest automotive parts manufacturers in the world. The company has more than 70 facilities across the globe and employs over 24,000 people.


Shahid Khan’s Other Sources of Income


Shahid Khan's primary source of income is from his business ventures, including his ownership of the Jacksonville Jaguars NFL team, Fulham F.C. soccer club, and his position as CEO of Flex-N-Gate Corporation. However, he may also have other sources of income, such as investments, dividends, or other business ventures that are not publicly disclosed.


Additionally, Khan has been involved in philanthropy throughout his career, donating millions of dollars to various causes, and he may receive tax benefits for these donations.


It's also worth noting that, as a private individual, many details about Khan's finances are not publicly available, so it's difficult to say with certainty what his other sources of income may be.


Shahid Khan
Shahid Khan


Shahid Khan’s House


Shahid Khan owns several impressive properties around the world, including the following houses:


A mansion in Naples, Florida: This property is located in the exclusive Port Royal neighborhood and reportedly has 21,000 square feet of living space, including six bedrooms, nine bathrooms, and a private dock. The property also includes a pool and spa, tennis court, and outdoor kitchen.


A penthouse in Chicago, Illinois: Khan owns a penthouse in the Park Tower building, which is located on the Magnificent Mile in downtown Chicago. The property reportedly has 9,000 square feet of living space, including five bedrooms and eight bathrooms.


A house in Urbana, Illinois: Khan owns a house in Urbana, Illinois, where he attended the University of Illinois at Urbana-Champaign. The property reportedly has six bedrooms, six bathrooms, and a pool.


A house in London, England: Khan also owns a house in the upscale neighborhood of Mayfair in London, which he reportedly purchased for around £140 million in 2018.


Shahid Khan’s Cars


Shahid Khan is known to be a car enthusiast and reportedly owns a number of luxury and exotic cars.


Khan has been known to drive some notable vehicles in the past. For example, he famously drove a black 2013 Mercedes-Benz S550 to his first day of work as the owner of the Jacksonville Jaguars, and he has also been seen driving a Range Rover, a Mercedes-Benz G-Wagon, 2011 Learjet and 2013 Bombardier, Pagani Huayra valued at 1.5 million dollars, Aston Martin worth 200,000 dollars and Lamborghini Veneno priced at 4.5 million dollars.


Shahid Khan’s Charity Work


Shahid Khan is known for his philanthropy and has donated millions of dollars to various charitable causes over the years. Some of the causes he has supported include


Education: Khan has made several large donations to support education, including a $25 million donation to the University of Illinois at Urbana-Champaign, his alma mater, for the construction of a new football performance center. He has also donated to other universities and scholarship programs.


Healthcare: Khan has donated millions of dollars to healthcare-related causes, including a $1 million donation to Mayo Clinic Jacksonville to establish the Khan-O'Connell Endowed Professorship in Oncology. He has also donated to other healthcare organizations and research programs.


Youth programs: Khan has supported several programs aimed at helping young people, including the Boys and Girls Clubs of America and the Jacksonville Children's Commission.


Community development: In 2018, Khan announced a plan to invest $450 million in downtown Jacksonville, Florida, for the construction of a new entertainment district, including a new stadium for the Jaguars. This investment is aimed at revitalizing the downtown area and creating jobs and economic growth.


Environmental causes: Khan has also supported several environmental causes, including the Nature Conservancy and the Jacksonville Zoo and Gardens.


These are just a few examples of the many charitable causes that Shahid Khan has supported over the years. He is known for his commitment to giving back to his community and helping those in need.


FAQs

Q. Who is Shahid Khan?

A. Shahid Khan is a Pakistani-American businessman, investor, and philanthropist. He is the owner of the Jacksonville Jaguars of the National Football League (NFL) and the Fulham F.C. of the English Premier League. He is also the owner and CEO of Flex-N-Gate, a leading global automotive parts supplier.

Q. Where was Shahid Khan born?

A. Shahid Khan was born in Lahore, Pakistan on July 18, 1950.

Q. When did Shahid Khan move to the United States?

A. Shahid Khan moved to the United States in 1967 at the age of 16 to attend the University of Illinois at Urbana-Champaign, where he earned a degree in industrial engineering.

Q. How did Shahid Khan make his fortune?

A. Shahid Khan made his fortune through his company, Flex-N-Gate, which is a leading global supplier of automotive parts. He also owns the Jacksonville Jaguars and Fulham F.C.

Q. What is Flex-N-Gate?

A. Flex-N-Gate is a leading global supplier of automotive parts, systems, and components. The company was founded by Shahid Khan in 1980 and is headquartered in Urbana, Illinois.

Q. What other businesses does Shahid Khan own?

A. In addition to Flex-N-Gate, Shahid Khan also owns the Jacksonville Jaguars of the NFL and Fulham F.C. of the English Premier League. He also owns the Four Seasons Hotel in Toronto, the Illinois Railway, and the All Elite Wrestling promotion.