Money – When you hear the word ‘MONEY’ your face brightens with sparkle in your eyes. This word has got such a power that it can make any changes to anything in this world. Yes! It is an universally acceptable fact.
Everyone is doing anything and everything to make more money.
Here is a person who has strong passion towards making money. His determination to become a richest person, made him to move from Lahore, Pakistan to US at the age of 16. He dreamt of becoming an Architect. However, he did not stick to that dream as he believed that profession would not pay him much. When he came to US, he stayed in a room at the cost of $2 per night at the YMCA University.
His first job was washing dishes for $1.20 per hour. He got graduated with a BSC in Mechanical Engineering and became a US Citizen in 1991. After his graduation, he joined at automotive manufacturing company Flex-N-Gate as the engineering director of the company.
He soon designed a proposal for a company named “Bumper Work”. The company was involved in manufacturing one-piece truck bumper that cuts down weight along with adding structural support. This revolutionary design was the strong foundation for his success. The best part is that the company went an extra mile and acquired FLEX N GATE from his previous employer Charles Gleason Butzow.
Today his privately-owned autoparts maker, Flex-N-Gate, has nearly $4.9 billion in sales, and 62 plants in the U.S., Brazil, Mexico, China and Spain. He also owns British soccer team FC Fulham.
Khan did his first shot to procure a NFL team in February, 2010. After lots of discussion and negotiation, the NFL owners unanimously approved the purchase on December 14, 2011. The sale made Khan the first member of an ethnic minority to own an NFL team. Khan is a board member of the NFL Foundation.
He is also the owner of various awards – Distinguished Alumnus Award in 1999 from the Department of Mechanical Science and Industrial Engineering, the Alumni Award for Distinguished Service in 2006 from the College of Engineering and the Distinguished Service Award in 2005 from the University of Illinois Alumni Association.