Pakistani born Shahid Khan becomes 66th wealthiest billionaire in US


Forbes has ranked Shahid Khan, a Pakistani-born American billionaire businessman and sports tycoon, as the 66th wealthiest man in the US.

According to the Forbes 400 Wealthiest Americans link, Shahid Khan has a total net worth of $7.8 billion. ------------------------------

Now 70, Shahid moved to the US back in 1967 aged 16 to study at the University of Illinois at Urbana–Champaign (UIUC).

In 1971, he graduated with a BSc in Industrial Engineering from the UIUC’s Grainger College of Engineering.

Shahid started working at the automotive parts manufacturing company Flex-N-Gate during his university days.

Shahid bought auto parts supplier Flex-N-Gate from his former employer in 1980.

Flex-N-Gate is now the 7th largest US automotive parts supplier company and 33rd largest supplier in the world. It is the 49th largest privately held US company with an annual turnover of $8.3 billion.