Khan gains wealth, slips on list of richest Americans

The annual ranking by Forbes shows the Jacksonville Jaguars owner with a net worth of $13.3 billion.


  • By Mark Basch
  • | 9:15 a.m. October 1, 2024
  • | 4 Free Articles Remaining!
Jacksonville Jaguars owner Shad Khan.
Jacksonville Jaguars owner Shad Khan.
City of Jacksonville
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Shad Khan’s wealth rose over the past year, but he slipped a bit in Forbes magazine’s annual list of richest Americans.

In a list published Oct. 1, Forbes said the Jacksonville Jaguars owner ranked 64th with a net worth of $13.3 billion.

That’s up from his estimated wealth of $12.2 billion a year ago but his ranking fell from 55th in 2023.

Khan built his fortune with auto parts supplier Flex-N-Gate, which he bought from his former employer in 1980, Forbes said.

He bought the Jaguars in 2012 for an estimated $770 million. In August, Forbes estimated the value of the NFL franchise at $4.6 billion.

Khan also owns British soccer team Fulham FC and, along with his son Tony, the professional wrestling organization All Elite Wrestling.

Forbes said Khan is the 12th-richest U.S. sports team owner.

 

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