Pakistani-American businessman Shahid Khan's net worth | How did Shahid Khan get rich? - His story | (Image: Official website, Fulham FC)
Pakistan's economy may have been in shambles for years, but there are a few shining lights that have added a silver lining to the cloud. Shahid Khan, reportedly the richest man in Pakistan, is one such individual, who made a fortune out of his auto parts business. Shahid Khan's rags-to-riches story is undoubtedly one driven by determination and willpower.
Who is the richest man in Pakistan?
According to Forbes, Shahid Khan is the richest man in Pakistan. A Pakistan-American national, Shahid Khan, now 73, arrived in the US at the age of 16, reportedly with just $500 in his pocket. According to reports, Shahid Khan worked as a dishwasher, while studying at the University of Illinois Urbana-Champaign.
How did Shad Khan make his money?
How did Shahid Khan get rich? In his first job, Shahid Khan worked as an engineer at Flex-N-Gate. After starting his own spare parts company, Shahid Khan, often referred to as Shad bought Flex-N-Gate from his previous employer years later in the year 1980. According to Forbes, Shahid Khan's design of a one-piece truck bumper formed the foundation of his success.
Currently, Shahid Khan's company has 26,000 employees and 69 plants across the globe. The owner of Jacksonville Jaguars of the National Football League and UK's Fulham football club, Khan also owns the Four Seasons Hotel Toronto and is set to open our Seasons property in Jacksonville in 2026 according to Forbes.
During his commencement speech to graduates at the University of Illinois, his alma mater, Shahid Khan revealed the secret of his success and said - “My experience tells me the hard road is almost always the right road.” According to Forbes, Shahid Khan ranks 144th on the list of Billionaires in 2023 and 55th on the Forbes 400 list of 2022.
Who is rich Shahid Khan or Mukesh Ambani?
Being a Pakistani, Shahid Khan's wealth is often compared to Indian billionaires - the likes of Mukesh Ambani, Gautam Adani and others. According to Forbes, Shahid Khan's net worth is $12.2 billion as of September 2023. This could be viewed against Indian billionaire Mukesh Ambani's net worth, which, according to Forbes, stands at $96.8 billion.
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