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Billionaire Profile
Shahid Khan
Global Rank
#183

Image: Keith Allison | CC BY-SA 2.0 | via Wikimedia Commons

Shahid Khan

CEO, Sports teams
UNITED STATES
Real-Time Net Worth
$15.038B
Estimated based on Sports teams stock value as of March 6, 2026
0% (24h)
Age
75
Source
Sports teams, auto parts
Industry
Automotive
Citizenship
UNITED STATES

Biography

Shahid Khan is a Pakistani-American businessman, philanthropist, and sports magnate. As of October 2024, he has a net worth of $13.3 billion, making him one of the wealthiest individuals in the world. His primary source of wealth stems from his ownership of Flex-N-Gate, a leading automotive parts supplier. Khan's career began with a modest start, washing dishes while studying at the University of Illinois at Urbana-Champaign, where he earned a degree in industrial engineering. He bought Flex-N-Gate in 1980 and transformed it into a global manufacturing powerhouse. Beyond automotive, Khan has made significant investments in sports, owning the Jacksonville Jaguars of the NFL and Fulham F.C. of the English Premier League. Khan's achievements also include co-founding All Elite Wrestling (AEW). He is known for his philanthropic efforts through the Khan Foundation.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Shahid Rafiq Khan was born on July 18, 1950, in Lahore, Pakistan. He moved to the United States at the age of 16 to study at the University of Illinois at Urbana–Champaign. His first job was washing dishes, earning $1.20 an hour. He graduated with a Bachelor of Science degree in industrial engineering in 1971.

Rise to Success

Khan's entrepreneurial journey began at Flex-N-Gate Corporation, an automotive manufacturing company. In 1978, he started Bumper Works. He bought Flex-N-Gate from his former employer in 1980 and merged it with Bumper Works. Under his leadership, Flex-N-Gate grew significantly. Khan adopted the Toyota Way to increase efficiency, leading to the company's growth.

Key Business Strategies

Khan's key business strategies include focusing on innovation, with his one-piece bumper design. He expanded Flex-N-Gate's operations globally, supplying major automakers like BMW, Ford, Nissan, and Toyota. Khan diversified into sports by purchasing the Jacksonville Jaguars in 2012 and Fulham F.C. in 2013. He co-founded All Elite Wrestling (AEW) in 2019.

Philanthropy

Shahid Khan is actively involved in philanthropy. He founded the Khan Foundation to support disadvantaged youth. He has donated millions to educational and charitable organizations. He has supported causes in education, health, and veteran welfare.

Career Milestones

1971

Graduated from the University of Illinois at Urbana–Champaign

Earned a Bachelor of Science degree in industrial engineering.

1978

Founded Bumper Works

Started his own business in the auto parts industry.

1980

Acquired Flex-N-Gate

Purchased his former employer and merged it with Bumper Works.

2012

Purchased the Jacksonville Jaguars

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

2013

Acquired Fulham F.C.

Expanded his sports ownership to the English Premier League.

2019

Co-founded All Elite Wrestling (AEW)

Ventured into the entertainment and media space.

Philanthropy & Social Impact

Youth Education

Khan Foundation

$XB

Supports disadvantaged youth with educational and developmental opportunities.

Education

University of Illinois Donations

$10M+

Donated to the University of Illinois at Urbana-Champaign for various causes.

Controversies & Challenges

2012

Flex-N-Gate OSHA Fine

Flex-N-Gate was fined $57,000 by OSHA for health violations at its Urbana plant.

2017

Criticism of Muslim Ban

Khan was critical of the Trump administration's "Muslim immigration ban".

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