How rich is Shahid Khan?
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He could be whoever owns the Jacksonville Jaguars of the National Football League (NFL), the English Football League Tournament team Fulham F.C., and auto components manufacturing company Flex N Gate in Urbana, Illinois. He’s ranked 122nd in the Forbes 400 list of richest Americans and is overall the 490th most affluent man on the planet. He’s also the most affluent man of Pakistani origin. Khan was featured on the front cover of Forbes Magazine in the year 2012, connecting him as the surface of the American Dream.
Nevertheless, Stan Kroenke, the minority stockholder of the Rams, finally exercised a clause in his possession arrangement to match any planned bid. On November 29, 2011, Khan agreed to buy the Jacksonville Jaguars from Wayne Weaver and his ownership group topic to NFL acceptance. Weaver declared his deal of the team to Khan after that same day. The conditions of the deal weren’t immediately revealed, other than the usual verbal obligation to maintain the team in Jacksonville, Florida. The deal was finalized on January 4, 2012. The purchase price for 100% share in the Jaguars was estimated to possess been $760 million. The deal made Khan the primary member of an ethnic minority ever to possess an NFL team.