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Rank #289
Shahid Khan
$7317.4B
Naples, Florida, United States
Automotive
Biography
An engineer by trade, Shahid Khan bought auto parts supplier Flex-N-Gate from his former employer in 1980.
His design for a one-piece truck bumper was the basis for his success; the company now has 69 plants worldwide and over 26,000 employees.
Khan also owns the NFL's Jacksonville Jaguars, which he bought in 2012, and the UK's Fulham football club, purchased in 2013.
He and his son, Tony, launched All Elite Wrestling, a professional wrestling entertainment company and a competitor to WWE, in 2019.
He is a major financial backer of Black News Channel, a 24 hour cable news channel, which launched in February 2020.