Shad Khan keeps moving up the world’s billionaire list. Forbes released its annual list of the world richest people on Monday, and Khan is at No. 158 with a net worth of $8.2 billion. Last year, the 66-year-old owner of the Jacksonville Jaguars was No. 205 with a net worth of $6.5 billion. The year before, he was No. 360.

 

Microsoft co-found Bill Gates once again tops the Forbes list, this time with a net worth of $86 billion. Warren Buffett, whose Berkshire Hathaway owns more than 60 companies, is second at $75.6 billion. Amazon founder Jeff Bezos is third at $72.8 billion.


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President Donald Trump is No. 544 with $3.5 billion.

Khan is a Pakistani immigrant who came to United States at the age of 16, started college in Illinois and working as a dishwasher at night. The bulk of his fortune has come through Flex-N-Gate, his privately owned auto parts business that posted nearly $6 billion in sales in 2016, according to Forbes. It has 62 plants in the U.S., Brazil, Mexico, China and Spain and 13,000 employees.

He paid $770 million for the Jaguars in January 2012. In September, Forbes put the value of the team at $1.95 billion, 25th in the National Football League. That’s up from $840 million in 2013.

Among his other purchases are Fulham Football Club, a soccer franchise in London, for about $300 million 2013 and Four Seasons Hotel Toronto for $171.6 million last year.

Roger Bull: (904) 359-4296