Billionaire Profile

Global Rank

#167

Image: Public domain | via Wikimedia Commons

Shahid Khan

CEO, Flex-N-Gate

Real-Time Net Worth

$14.5B

As of December 2025

Age

Source

Sports teams, auto parts

Industry

automotive

Citizenship

Biography

Shahid Khan, a Pakistani-American billionaire, stands as a prominent figure in the automotive industry and a celebrated sports tycoon. His estimated net worth of $14.5 billion is a testament to his remarkable career. Khan's wealth stems primarily from his ownership of Flex-N-Gate, a leading supplier of automotive components, and his ventures in professional sports. His journey includes owning the Jacksonville Jaguars of the NFL, Fulham F.C. of the Premier League, and co-owning All Elite Wrestling (AEW). Khan's career began with his work at Flex-N-Gate while attending university, progressing to his engineering director role. He then founded Bumper Works, merging it with Flex-N-Gate and building it into a global automotive supplier. His achievements reflect his dedication and entrepreneurial spirit. He is known for his contributions to the sports world, his business acumen, and his philanthropic efforts.

Wealth Over Time

Portfolio Holdings

In-Depth Profile

Early Life

Shahid Rafiq Khan was born on July 18, 1950, in Lahore, Pakistan, to a middle-class family involved in construction. At the age of 16, he moved to the United States to study at the University of Illinois at Urbana–Champaign.

Rise to Success

Khan started his career at Flex-N-Gate Corporation and later started his own business, Bumper Works, in 1978. In 1980, he bought Flex-N-Gate from his former employer and merged it with Bumper Works. Flex-N-Gate grew to supply bumpers for major automakers, becoming the sole supplier for Toyota pickups in 1987 and for the entire Toyota line in the US by 1989. By 2020, the company had sales of $8.89 billion.

Key Business Strategies

Khan adopted the "Toyota Way" to increase efficiency and flexibility, which greatly contributed to the company's growth. He expanded his business by becoming a key supplier to major automakers and by diversifying into sports and entertainment.

Philanthropy

Shahid Khan and his family have donated millions to causes in education, health, and community development through the Khan Foundation and the Jaguars Foundation. The Khan family has also made significant contributions to the University of Illinois at Urbana-Champaign.

Career Milestones

1971

Graduated from University of Illinois

Earned a Bachelor of Science degree in industrial engineering.

1978

Founded Bumper Works

Started a business making car bumpers.

1980

Acquired Flex-N-Gate

Purchased Flex-N-Gate and merged it with Bumper Works.

1987

Sole Supplier for Toyota Pickups

Flex-N-Gate became the sole supplier for Toyota pickups.

1989

Sole Supplier for Toyota Line

Flex-N-Gate became the sole supplier for the entire Toyota line in the US.

2011

Acquired Jacksonville Jaguars

Became the first member of an ethnic minority to own an NFL team.

2013

Acquired Fulham F.C.

Purchased Fulham F.C. of the Premier League.

2019

Co-founded All Elite Wrestling (AEW)

Launched a professional wrestling promotion.

Philanthropy & Social Impact

Education

MOSH Genesis Capital Campaign

$5M

Committed an initial $5 million gift to the MOSH Genesis capital campaign.

Community Development

Jaguars Foundation

$9.3M

The foundation has provided more than $9.3 million in grants to support children's and family programs, military and veterans, neighborhood revitalization, and other team-related initiatives.

Education

Khan Foundation

$5M+

The Foundation has given out more than $5 million in grants nationwide.

Business Philosophy & Leadership

Notable Quotes

"Believe in yourself, work hard, and never give up. Success will come."

"I love it. In the NFL, you win or you lose, and the money still shows up."

Leadership Principles

Run it like a business.

Be objective and treat the team as a business.

Focus on the fans.

Create an energetic and positive experience for the fans.

Learning from mistakes

Use mistakes as learning opportunities.