Iranian-American billionaire Jahm Najafi has been in the news because he is reportedly considering a takeover bid for Tottenham Hotspur, know his net worth
Jahm Najafi, an Iranian-American billionaire and chairman of MSP Sports Capital, is reportedly leading a consortium of investors in a $3.75 billion takeover bid for Tottenham Hotspur, which could make the London-based club the latest team to undergo a change in ownership in the Premier League.
According to reports from the Financial Times and Reuters, he is said to be working with a group of investors to formulate a bid that will be presented to Spurs’ owner Joe Lewis and chairman Daniel Levy. The offer values the club at around $3 billion before adding approximately $750 million of debt.
Who is Jahm Najafi, his net worth in 2023, wife, daughter, company and religion
🚨 Iranian-American billionaire Jahm Najafi is preparing a €3.5 billion offer to buy Tottenham!
(Source: Financial Times) pic.twitter.com/CGcVgKjyZB
— Transfer News Live (@DeadlineDayLive) February 15, 2023
The bid comes as several Premier League teams are going through ownership changes or looking for new investors, and it would make Tottenham the latest addition to this list. Since then, Jahm has become the talk of the town, with many people trying to find out more about him. So, here’s what we know about him:
Who is Jahm Najafi?
Jahm Najafi is a well-known Iranian-American billionaire. He has been in the news because he is reportedly considering a takeover bid for Tottenham Hotspur.
He was born in 1963. He was born in Iran but later acquired American citizenship and is a Muslim by religion.
After completing his schooling, Jahm Najafi attended the University of California, Berkeley, where he got a bachelor’s degree in economics. Later, he attended Harvard University, where he received a master’s degree in business economics in 1986.
He is married, and his name is Cheryl Najafi. He is the father of three children. He is currently living in Arizona. He is 59–60 years old.
His career
After completing his education, Jahm Najafi started his career in finance, working for investment firms such as Bear Stearns and PaineWebber. In 1991, he founded Najafi Companies, a private investment firm based in Phoenix, Arizona, that specializes in making investments in a variety of industries, including healthcare, technology, and consumer products.
In 2018, he founded MSP Sports Capital, a subsidiary of Najafi Companies that focuses on investing in sports, media, and entertainment companies. MSP Sports Capital has owned a stake in the Arizona Diamondbacks and the Phoenix Suns and has also invested in the talent agency IMG.
In addition to his business interests, Jahm Najafi is also involved in philanthropy. He is a board member of the Arizona State University Foundation, the Arizona Community Foundation, and the United Way of Metropolitan Phoenix, among other organizations.
Najafi is a part-owner of NBA team Phoenix Suns and also heads up Najafi Companies, a private-equity firm also based in Arizona.
Jahm Najafi’s net worth
He has a net worth of about £2.9 billion.