All Elite Wrestling (AEW) founder and co-owner Tony Khan is one of the notable figures in professional wrestling today.
AEW is widely recognized as the second-largest professional wrestling promotion in the United States, following the World Wrestling Entertainment (WWE).
After earning a degree in finance from the University of Illinois in 2007, Khan initially joined his family's businesses, which included various sports teams, before venturing into the professional wrestling industry.
As a lifelong pro wrestling enthusiast, Khan launched AEW in 2019 with the help of his father as a direct competitor to WWE's dominant position in the industry.
He holds various key positions within the promotion, serving as its president, CEO, general manager, executive producer, and head of creative.
Khan's efforts have played a crucial role in establishing AEW as a significant player in the wrestling landscape, giving wrestling fans an alternative major product to watch aside from the WWE.
With his ambitious plan to turn AEW into the world's most extensive professional wrestling promotion, one can't help but wonder about Tony Khan's net worth in 2023.
Tony Khan's Net Worth 2023: $1.5 billion
The 41-year-old Khan is worth $1.5 billion as of 2023, according to various reputable sources such as Sportskeeda, First Sportz, CAknowledge, and VPN Sports.
Aside from his investment in AEW, Khan announced in March 2022 that he had purchased the promotion Ring of Honor (ROH).
Throughout the 2010s, ROH was once considered the third largest pro wrestling promotion in the United States, behind WWE and Total Nonstop Action Wrestling (TNA) before the launch of AEW.
The purchase of ROH was a personal investment by Khan and was distinct from AEW. Initially, Khan indicated plans to operate the two promotions separately. However, there has been a cross-promotional exchange of talent, with performers from AEW appearing on ROH and vice versa.
Although Khan hinted at the possibility of making ROH a developmental territory for AEW, this transition has not taken place so far.
Tony Khan's Wealth
Tony Khan's father, Shahid Khan, is a prominent business tycoon who owns the vehicle components supplier Flex-N-Gate. The company is recognized as the seventh-largest American automotive parts supplier and the 33rd-largest globally.
According to business and financial outlet Forbes, Shahid Khan holds the title of the wealthiest person of Pakistani origin and is ranked as the 160th richest person in the world, boasting a net worth of $11.6 billion.
In addition to their business ventures, the Khan family owns the NFL team Jacksonville Jaguars and the Premier League club Fulham.
Tony Khan has been actively involved in both professional sports teams. Presently, he serves as the Senior President of Football and Analytics for the Jacksonville Jaguars.
Furthermore, he holds the positions of vice-chairman and director of football operations for Fulham.
© Copyright 2024 Sports World News, All rights reserved. Do not reproduce without permission.