Jahm Najafi Net Worth: How Much Is Jahm Najafi Worth? Jahm Najafi is an Iranian-American billionaire businessman born in 1963.
He graduated from Harvard University with a master’s degree in business economics and from the University of California, Berkeley, with a bachelor’s degree in economics.
He began working for Salomon Brothers, a Wall Street company that eventually joined Citigroup, after graduating from college.
Along with his brother, Francis Najafi, he then began to head The Pivotal Group, a company that specialised in the acquisition of significant commercial properties in California.
Social Venture Partners is a charitable venture capital fund that makes investments in fledgling nonprofit organisations, and it was created by Jahm Najafi.
Additionally, he serves on the boards of the Arizona State University Committee for Design Excellence and the Urban Land Institute.
Jahm Najafi, the owner of the private equity business Najafi Companies in Phoenix, was included in the Phoenix Business Journal’s list of the Forty Under 40 in 2001.
He is a governor on the board of the National Basketball Association as well as a vice chairman and part owner of the Phoenix Suns, a professional basketball franchise.
He has previously chaired the board of trustees at Phoenix Country Day School and served on the boards of the Phoenix Symphony and the Phoenix Metropolitan Area Convention & Visitors Bureau.
In December 2020, Jahm Najafi was named the next vice chairman of Formula One at McLaren Racing.
Additionally, he serves as the chairman of MSP Sports Capital, a sports investment company with offices in New York and a portfolio that includes Estoril Praia and FC Augsburg.
Jahm Najafi garnered considerable media attention in February 2023 when it was revealed that he was prepared to make a $3.1 billion takeover offer for Tottenham Hotspur, an English Premier League soccer team.
Unconfirmed sources claim that the billionaire is still weeks away from formally addressing Spurs owner Joe Lewis and chairman Daniel Levy. He is reportedly working with a group of investors to structure an offer.
Jahm Najafi Net Worth: How Much Is Jahm Najafi Worth?
Jahm Najafi net worth is reportedly estimated to be $3.5 billion. He has profited significantly from his different businesses.
According to the further information in the report, MSP and the partners selected will contribute 70% of the acquisition price in Najafi’s Tottenham bid.
And the remaining 30% will consist of Middle Eastern sponsors, many of whom are reportedly based in Abu Dhabi.
Jahm Najafi Source of Income
His Phoenix-based private equity firm, Najafi, is Jahm’s primary source of income, but he also has a variety of other streams that combine to make him an American-Iranian business billionaire.
Jahm Najafi Career
Prior to working as a partner and COO of Pivotal Private Equity and its parent business, The Pivotal Group, which he co-founded with his brother, Jahm Najafi first worked for the Wall Street firm Salomon Brothers, which later became a part of Citigroup.
He was included in the Phoenix Business Journal’s list of the Forty Under 40 in 2001. On December 7th, 2021, STX Entertainment will be purchased from ErosSTX for US$173 million, according to a statement by Najafi Companies.
He largely concentrated on buying the Century Plaza Hotel in Los Angeles and 650 California Street in San Francisco, both of which are commercial buildings.
Jahm Najafi Wife
Jahm Najafi is married to a man. He resides in Arizona with his wife, Cheryl Najafi. Three kids in total have been born to the couple. However, as of now, their name is unknown. So, we’ll keep you informed here once we receive new information.
Jahm Najafi, Age, Birthdate
As of 2023, Jahm Najafi will be 59–60 years old. His birth year was 1963. His location of birth is currently unknown. Due to the uncertainty surrounding his birthdate, his astrological sign is likewise unknown.
|American-Iranian billionaire businessman
|59-60 years old
Jahm Najfi calls for Phoenix Suns majority owner Robert Sarver’s resignation
Jahm Najafi, vice chairman of the Phoenix Suns, joined other well-known NBA figures in calling for Robert Sarver to be suspended by the league. Following a recent inquiry, the NBA suspended Sarver from all league activities and assessed him a $10 million fine. Numerous instances of the main owner of the Suns acting improperly at work were made public.
Many people, like Najafi, believe this sentence is insufficient. Najafi reiterated that he has no plans to replace Robert Sarver following his comments on the situation in an open letter to the Suns organization’s staff and players.
Sarver used a racial slur at least five times while relaying statements from black people, according to the league’s inquiry. He mistreated his coworkers on multiple occasions and said offensive things about the women in the company.
Who is Jahm Najafi?
Jahm Najafi is a multibillionaire businessman who is both American and Iranian. He is the founder of the Phoenix-based private equity firm Najafi Companies, as well as a minority owner of the NBA team Phoenix Suns.
Who is the Wife of Jahm Najafi?
Cheryl Najafi, who resides in Arizona, is Jahm Najafi’s wife. Three kids in total have been born to the couple.
What is the Age of Jahm Najafi?
Jahm Najafi will be 59–60 years old in 2023.
What is the Source of Income of Jahm Najafi?
Ans. Jahm business, Najafi, a private equity firm with offices in Phoenix, is his primary source of income.
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