Pakistan’s richest man: While Mukesh Ambani and Gautam Adani are well-known for their huge wealth in India, very few readers would be aware of Pakistan’s richest individual, Shahid Khan. Shahid Khan recently gained attention for his remarkable net worth. As per Forbes (as of October 31, 2024), Shahid Khan boasts a fortune of Rs 1,10,390 crore, making him the richest person in Pakistan. His wealth surpasses even that of Indian billionaire Azim Premji, who was once among the two richest Indians.
Shahid ‘Shad’ Khan, a billionaire of Pakistani descent, holds the title of the wealthiest individual of Pakistani origin globally. Khan is a prominent businessman and the owner of Flex-N-Gate, an auto parts company that provides components to leading car manufacturers such as BMW, Ford, Nissan, and Toyota. In 2023, Flex-N-Gate reported a revenue of $8.3 billion.
Khan’s financial success highlights his global prominence, even though his name remains less familiar compared to Indian business magnates. Here are all the details about Pakistan’s richest man.
Comparison of Shahid Khan with India’s richest individuals
Shahid Khan shares several similarities with India’s richest individual, Mukesh Ambani, such as having a range of business ventures and a keen interest in sports ownership. However, Khan’s path to success is distinct. He was raised in a middle-class household in Pakistan, where his family worked in construction.
With a strong desire for higher education, he relocated to the United States at the age of sixteen with limited funds, initially earning a living by washing dishes for $1.20 per hour. His dedication and determination ultimately led to his graduation with a Bachelor’s degree in Industrial Engineering from the University of Illinois at Urbana-Champaign in 1971.
As we mentioned earlier, Shahid has a great interest in sports. Shahid Khan is also the owner of American football team Jacksonville Jaguars, while his son, Tony Khan, is the owner, CEO, and booker of All-Elite Wrestling (AEW), the second-largest wrestling promotion in North America after WWE. Shahid Khan has an estimated net worth of $13.7 billion, according to Forbes.
from World – Latest News, Breaking News, LIVE News, Top News Headlines, Viral Video, Cricket LIVE, Sports, Entertainment, Business, Health, Lifestyle and Utility News | India.Com https://ift.tt/wbFWKEG
