Personal
Shahid Khan also known as Shad Khan, is a Pakistani-American billionaire and business tycoon. He is the owner of the Jacksonville Jaguars of the National Football League (NFL), the English Football League Championship team Fulham F.C., and automobile parts manufacturer Flex-N-Gate in Urbana, Illinois.
Big Break
Shad Khan worked at the automotive manufacturing company Flex-N-Gate while attending the University of Illinois. When he graduated he was hired as the engineering director for the company. In 1978, he started Bumper Works, which made car bumpers for customized pickup trucks and body shop repairs. The transaction involved a $50,000 loan from the Small Business Administration and $16,000 in his savings. In 1980, he bought Flex-N-Gate from his former employer, bringing Bumper Works into the fold. Khan grew the company so that it supplied bumpers for the Big Three automakers. In 1984, he began supplying a small number of bumpers for Toyota pickups. By 1987 it was the sole supplier for Toyota pickups and by 1989 it was the sole supplier for the entire Toyota line in the United States. Adopting The Toyota Way increased company efficiency and ability to change its manufacturing process within a few minutes. Since then the company has grown from $17 million in sales to an estimated $2 billion in 2010. By 2011, Flex-N-Gate had 12,450 employees and 48 manufacturing plants in the United States and several other countries, and took in $3 billion in revenue.
Rags-to-riches
Shad Khan is now one of the richest people in the world, but when he came to the U.S. from Pakistan, he spent his first night in a $2/night room at the University Y-YMCA and his first job was washing dishes for $1.20 an hour while attending the University of Illinois. Khan now owns Flex-n-Gate, one of the largest private companies in the U.S., the NFL's Jacksonville Jaguars, and Premier League soccer club Fulham.
Experience
Education