Jahm Najafi – Wiki, Biography, Age, Height, Wife, Family, Net Worth, House & Details – Jahm Najafi is an Iranian-American billionaire, businessman, and chairman of several companies. As chairman of sports investment firm MSP Sports Capital, Najafi is putting together a proposal with a group of investors in an effort to unseat club owner Joe Lewis and chairman Daniel Levy. Learn more about Jahm Najafi in the following article.
Jahm Najafi Phoenix Suns and net worth
Jahm Najafi, vice president and part owner of the Phoenix Suns, has received attention of late. Robert Sarver, the owner of the Suns, was suspended for acting inappropriately at work and Najafi demanded his resignation. Najafi wasn’t as well-liked in NBA circles, especially among the fans, because he kept a low profile over the years.
His main source of income comes from his ownership of Najafi Businesses. It is a Phoenix-based private equity firm that was established in 2002. Paddock Magazine estimates the Iranian-American businessman’s net worth was $3.5 billion as of July 2021.
After team owner Robert Sarver, Najafi is the second largest shareholder in the Phoenix Suns. He also has other investments, Formula 1 being the most notable. He collaborated with MSP Sports Capital and UBS O’Connor LLC to invest in the McLaren F1 team. Najafi chipped in $248.5 million, giving them an initial 15% stake that would increase to 33% by the end of 2022.
Jahm Najafi birthday and age
The billionaire businessman was born in the year 1960. Currently, he is 63 years old as of 2023. Jahm’s precise date of birth is currently not available online. Due to the lack of information about his birth date, his zodiac sign is also unknown.
Jahm Najafi’s nationality and ethnicity
Najafi is originally from Iran. He now resides in the United States. He is an Iranian-American national and belongs to Iranian ethnicity. Najafi came to the United States when he was just 12 years old and learned to speak English by watching English-language programs on television.
Jahm Najafi Education
Najafi graduated from the University of California, Berkeley with a bachelor’s degree in economics. She graduated from Harvard University with a master’s degree in business economics in 1986.
Jahm Najafi’s professional career
Before becoming CEO of Pivotal Private Equity and partner and COO of its parent company, The Pivotal Group, which he led with his brother, Francis Najafi, Najafi worked for Salomon Brothers, a Wall Street firm that later merged with Citigroup. Pivotal focused on buying commercial properties such as 650 California Street in San Francisco, The Century Plaza Hotel in Los Angeles, and Harbor Bay in Alameda, California.
Najafi served on the boards of the Urban Land Institute and the Arizona State University Council for Design Excellence, as well as being a founding partner of Social Venture Partners, a charitable venture capital fund that invests in new non-profit organizations. In 2001, he was included in the Phoenix Business Journal’s 40 Under 40 list.
Jahm Najafi companies
In 2002, the private equity firm Najafi Companies (Najafi Cos.) was founded. Only the owner of the company, Najafi, makes investments. The company invests in businesses with a maximum transaction value of $1 billion and holds the investments for five to ten years. Najafi will take over as vice president of Formula One McLaren Racing in December 2020, according to the announcement.
Jahm Najafi’s earnings and investments
In 2011, Najafi and his business, Najafi Cos, won negotiations to get Borders Group out of bankruptcy protection. When Borders was liquidated, the offer was unsuccessful. In 2013, Najafi and Najafi Cos. they also made an offer to buy The Boston Globe. After Najafi sealed the deal in 2013, the company contributed more than $200 million to Jeff Berg’s talent agency, Resolution.
After Paula Deen was fired from The Food Network in June 2013, Najafi, through Najafi Cos., gave her and Paula Deen Ventures between $75 and $100 million in 2014 to help her with her rebranding.
Jahm Najafi wife and marriage
In 2011, Najafi and his business, Najafi Cos, won negotiations to get Borders Group out of bankruptcy protection. When Borders was liquidated, the offer was unsuccessful. In 2013, Najafi and Najafi Cos. they also made an offer to buy The Boston Globe. After Najafi sealed the deal in 2013, the company contributed more than $200 million to Jeff Berg’s talent agency, Resolution.
After Paula Deen was fired from The Food Network in June 2013, Najafi, through Najafi Cos., gave her and Paula Deen Ventures between $75 and $100 million in 2014 to help her with her rebranding.
Here is Jahm Najafi Full Bio, Business, Family, Father, Mother, Brother, Sister, Wife, Spouse, Children, School, Education, Hometown, Profession, Modeling, Media Face, Nationality, Body Measurements, Age, height, weight, eye color, hair color, gender, ethnicity, sexuality, cast, birthday, birthplace, hobbies, address, zodiac sign, date of birth, religion, and net worth.
Jahm Najafi Information Table
| Name | Jahm Nayafi |
| Nickname | Jahm |
| Gender | Male |
| Profession | Businessman |
| Height (approx) | in centimeters– Unknown
in meters- Unknown in feet inches – Unknown |
| Approximate weight.) | in kilograms– Unknown
in pounds- Unknown |
| Measurements of the figure (approx.) | not known |
| Eye color | Black |
| Hair color | White |
| Birthdate | 1960 |
| Age (as of 2023) | 63 years |
| place of birth | Iran |
| Zodiac Sign/Sun Sign | not known |
| Nationality | Iranian-American |
| Native city | USA |
| School | local high school |
| College | harvard university |
| Educational Qualification | Graduate |
| Religion | not known |
| ethnicity | Mixed |
| Breed | not known |
| ADDRESS | USA |
| Hobbies/Interests | not known |
| Civil status | Married |
| Affairs / Boyfriends / Girlfriends | not known |
| Sexuality | Right |
| Parents | Father: Unknown
Mother: Unknown |
| Siblings | Brother: Unknown
Sister: Unknown |
| Husband/Wife/Spouse | Cheryl Nayafi |
| Children | 3 |
| Net worth | $1.5 billion |
Social media accounts:
Jahm is not available on any social media platform.
Some lesser known facts about Jahm
- The 59-year-old is set to make an offer to take control of the club in north London.
- Additionally, in December 2022, Najafi was introduced as the incoming Vice President of McLaren Racing.
- With their three children, Najafi and his wife, Cheryl Najafi, reside in Arizona.
- Previously, he chaired the board of directors of Phoenix Country Day School and served on the boards of directors of the Phoenix Symphony and the Phoenix Metropolitan Area Convention & Tourism Bureau.
Frequently Asked Questions about Jahm
- Who is Jahm Najafi?
Jahm Najafi is an Iranian-American billionaire businessman.
2. How old is Jahm Najafi?
He is 63 years of age as of 2023.
3. Where is Jahm Najafi from?
He is originally from Iran but resides in Arizona, United States.
4. Who is Jahm Najafi married to?
He is married to his wife Cheryl Najafi.
5. What is the net worth of Jahm Najafi?
He has an estimated net worth of $1.5 billion.
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