Jakarta, CNBC Indonesia – One of the richest Muslims in the world is Shahid Khan, a US citizen who has assets of US$ 12.3 billion or Rp. 195 trillion. Thanks to such wealth, Forbes ranking him as one of the 163rd richest people in the world. Shahid obtained this amount of assets thanks to his long journey in starting a business.
Shahid was born not in the US, but in Pakistan on July 18, 1950. He comes from a middle class family. His father is a contractor and his mother is a mathematics professor. On this basis, he can go to school well. In fact, he was able to study in Illinois, USA.
Quote MuslimInsider, While studying at Uncle Sam, he practically lived independently. His parents only gave him US$ 500 in pocket money. They didn't want to know when the money would run out. As a result, to make a living, Shahid had to work part time while studying.
Shahid is known to have worked as a dishwasher earning US$ 1.2 per hour. Then, he also applied to the automotive company, Flex-N-Gate. It was at this company that Shahid began to learn a lot about the automotive industry and entrepreneurship. The long journey there gave him the courage to open his own business.
In 1978, with savings and loans, he founded Bumper Works which specialized in making car bumpers. The existence of a market with minimal competitors ultimately makes the business successful and provides big profits. Two years later, he bought Flex-N-Gate, which used to be his place to earn a living.
Ownership of two large automotive parts manufacturers in the US has made Shahid a successful 'king'. The spare parts provided by Shahid have successfully captured the market and big brands, such as Toyota and Honda. In fact, over time, his company became the main supplier of Toyota auto parts in the United States and one of the largest automotive parts manufacturers. On this basis, his wealth skyrocketed.
Shahid not only does business, but also invests in the sports sector. He is known for being the owner of the American football team Jacksonville Jaguars, which plays in the National Football League (NFL), and Fulham Football Club, which plays in the English Championship League. He is also known for his philanthropic actions. He is involved in various charitable and educational development efforts both in the United States and in Pakistan.
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