Pakistani-origin billionaire in Forbes' richest list

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Pakistani-origin billionaire in Forbes richest list

Dubai - The engineer is a self made business tycoon.

By Yousuf Saifuddin Kapadia

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Published: Wed 27 Mar 2019, 3:20 PM

Last updated: Wed 27 Mar 2019, 7:12 PM

It's that time of the year when Forbes releases its billionaires list. This year, from UAE, seven Emiratis made it into the list along with five Indian expats.
However, seven seas away - this year - a business tycoon of Pakistani origin has also made it among Forbes' billionaires.
US-based engineer, Shahid Khan, who made his fortune in auto parts is worth $6.7 billion - ranked at 224 on the list of over 2,000 billionaires.
Khan rose to prominence in recent years after he bought (American football) NFL's Jacksonville Jaguars in 2012, and UK's Fulham football club in 2013.
His design for a one-piece truck bumper was the basis for his success; the company now has 64 plants worldwide and over 24,000 employees, Forbes reported.
Khan had gone to the US decades back to study, but ended up staying there and realising his 'American dream'.

 yousufk@khaleejtimes.com


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