Shahid “Shad” Khan is the owner of the Jacksonville Jaguars football team. He’s in the news today because of criticism he leveled against President Donald Trump, who he said is attacking the NFL because of spite.
Khan is a multi billionaire who grew up relatively poor, and had to support himself in college washing dishes for $1.20 an hour. What is Shad Khan net worth? How did he get so rich? Read on…
Shad Khan was born in Pakistan, where he was considered middle class. However, in terms of U.S. standards, he was decidedly poor.
Khan worked extremely hard when he was young, and he came to the U.S. at 16 years old for college. He couldn’t afford to pay for school, so he took a dishwashing job, and eventually got a part time job with a company called Flex-N-Gate.
After graduating from college, he worked for a few years at the company before quitting to start his own business. The business, called Bumper Works, made money selling custom auto parts.
He was soon making enough money to buy his former employer, Flex-N-Gate, and he turned the combined company into one of the biggest auto parts businesses on earth.
The company has plants all over the world, and tens of thousands of distributors.
Khan eventually started other companies, and bought multiple sports teams, including the Jacksonville Jaguars.
According to Empty Lighthouse, Shad Khan net worth surpassed $8.5 billion in 2018.
His major assets, besides Flex-N-Gate, include 2 sports teams, and a hotel in Canada. Flex-N-Gate alone brings in revenues of $3-$5 billion a year.