According to the Hurun India Rich List 2024, India is home to 334 billionaires. Mukesh Ambani And Gautam Adani has also secured a place in the Forbes richest list. Furthermore, the number of billionaires in the country has seen a significant increase in recent times. However, in this article, we take a look at our neighbor CountryAccording to Forbes, Pakistan’s richest billionaire, with a net worth of $13.3 billion (over Rs 1,11,600 crore). Notably, he is the owner of a popular Premier League football team. Scroll down to know who he is.
Pakistan’s richest billionaire, who owns a popular Premier League football team, has a net worth of more than Rs 1,11,600 crore. Here’s everything you need to know
Shahid Khan is the richest billionaire of Pakistan with a net worth of $13.3 billion (over Rs 1,11,600 crore). Although he may not be as rich as Mukesh Ambani Gautam AdaniShahid Khan is still richer than the well-known Indian businessman, philanthropist and chairman of Wipro Limited. Azim PremjiWhose total wealth is $12.2 billion (approximately Rs 1,02,446 crore). forbes,
1. Early life and education
Coming from a middle-class family, Shahid Khan initially worked in the construction industry. He moved to America for further Education And while studying at the University of Illinois at Urbana-Champaign, he supported himself by washing dishes for $1.20 an hour. dnaAfter completing his schooling, Shahid Khan earned a bachelor’s degree in Industrial Engineering from Grainger College of Engineering.
2. Career
The Pakistani billionaire worked at an automotive manufacturing company called Flex-N-Get Corporation while studying at the University of Illinois. He was later appointed as the Director of Engineering in the same company After completing his education. according to forbesHe purchased the company from his former employer in 1980, and his design of a one-piece truck bumper led him to greater heights in the automotive industry. Additionally, the report also states that the company has 76 plants worldwide and employs more than 27,000 people.
3. Participation in various sports
Over the years, Shahid Khan has invested a large part of his wealth in various game Enterprise. In 2012, they acquired the Jacksonville Jaguars, a team in the American National Football League. The following year, he acquired a majority stake in UK Premier League football team, Fulham. In 2019, Shahid Khan and his son Tony Khan launched All Elite Wrestling (AEW), a professional wrestling entertainment company that competes directly with World Wrestling Entertainment (WWE).
4. Other sources of income
In addition to his sports investments, Shahid Khan was a major shareholder in Black News Channel, which merged with The Grio TV in 2022. He also owns the Four Seasons Hotel Toronto and plans to open a new Four Seasons property in Jacksonville by 2026. To forbes,