Jahm Najafi: Wiki, Bio, Age, Height, Wife, Family, Net Worth, House, and Details:ย Jahm Najafi is an Iranian-American billionaire, businessman, and chairman of various companies. As the chairman of the 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. Get more information about Jahm Najafi in the article that follows.
Jahm Najafi Phoenix Suns and Net Worth
Jahm Najafi, the vice chairman and partial owner of the Phoenix Suns, has received recent attention. Robert Sarver, the owner of the Suns, was suspended for acting inappropriately at work, and Najafi has demanded that he resign. Najafi wasn’t as well-liked in NBA circles, especially among the fans, because he maintained 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 business that was established in 2002. The Paddock Magazine estimates that the Iranian-American entrepreneur’s net worth was $3.5 billion as of July 2021.
After team owner Robert Sarver, Najafi is the Phoenix Suns’ second-largest shareholder. He also has other investments, with Formula 1 being his most notable. He collaborated with MSP Sports Capital and UBS O’Connor LLC to invest in the McLaren F1 team. Najafi contributed $248.5 million, granting them a 15% initial 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 of age as of 2023. The precise date of birth of Jahm is currently not available online. Due to the lack of information on his date of birth, his zodiac sign is also not known.
Jahm Najafi Nationality and Ethnicity
Najafi is originally from Iran. He is now residing in the United States. He has Iranian-American nationality nad belongs to the Irani ethnicity. Najafi came to the United States when he was only 12 and learned to speak English by watching English shows on television.
Jahm Najafi Education
Najafi graduated from the University of California, Berkeley with a bachelor’s in economics. He graduated from Harvard University with a master’s in business economics in 1986.
Jahm Najafi Professional Career
Before becoming CEO of Pivotal Private Equity and partner and COO of the parent company, The Pivotal Group, which he headed with his brother, Francis Najafi, Najafi worked for Salomon Brothers, a Wall Street firm that later joined Citigroup. Pivotal concentrated 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 Council for Design Excellence at Arizona State University in addition to being a founding partner of Social Venture Partners, a charitable venture capital fund that invests in new nonprofit organizations. In 2001, he was included on the Phoenix Business Journal’s list of 40 under 40.
Jahm Najafi Companies
In 2002, the private equity company Najafi Companies (Najafi Cos.) was founded. Only the company’s owner, Najafi, makes investments. The business invests in businesses with a maximum transaction value of $1 billion and keeps investments for five to ten years. Najafi will take over as vice chairman of Formula One McLaren Racing in December 2020, according to the announcement.
Jahm Najafi Earnings and Investments
In 2011, negotiations to remove Borders Group from bankruptcy protection were won by Najafi and his business, Najafi Cos. When Borders was liquidated, the bid was unsuccessful. In 2013, Najafi and Najafi Cos. also made a bid to purchase The Boston Globe. After Najafi sealed the purchase in 2013, the business contributed over $200 million to Jeff Berg’s talent agency, Resolution.
After Paula Deen was let go 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 with her rebranding.
Jahm Najafi Wife and Marriage
In 2011, negotiations to remove Borders Group from bankruptcy protection were won by Najafi and his business, Najafi Cos. When Borders was liquidated, the bid was unsuccessful. In 2013, Najafi and Najafi Cos. also made a bid to purchase The Boston Globe. After Najafi sealed the purchase in 2013, the business contributed over $200 million to Jeff Berg’s talent agency, Resolution.
After Paula Deen was let go 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 with her rebranding.
Here is the full bio of Jahm Najafi, 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 Najafi |
| Nickname | Jahm |
| Gender | Male |
| Profession | Businessman |
| Height (approx.) | in centimeters– Not Known
in meters- Not Known in feet inches- Not Known |
| Weight (approx.) | in kilograms– Not Known
in pounds- Not Known |
| Figure Measurements (approx.) | Not Known |
| Eye Colour | Black |
| Hair Colour | White |
| Date of Birth | 1960 |
| Age (as of 2023) | 63 Years Old |
| Birth Place | Iran |
| Zodiac sign/Sun sign | Not Known |
| Nationality | Iranian-American |
| Hometown | United States |
| School | Local High School |
| College/University | Harvard University |
| Educational Qualification | Graduate |
| Religion | Not Known |
| Ethnicity | Mixed |
| Caste | Not Known |
| Address | United States |
| Hobbies/Interests | Not Known |
| Marital Status | Married |
| Affairs/Boyfriends/Girlfriends | Not Known |
| Sexuality | Straight |
| Parents | Father: Not Known
Mother: Not Known |
| Siblings | Brother: Not Known
Sister: Not Known |
| ย Husband/Wife/Spouse | Cheryl Najafi |
| 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 poised to make an offer to take control of the club in north London.
- Also, in December 2022, Najafi was introduced as McLaren Racing’s incoming vice-chairman.
- With their three children, Najafi and his wife Cheryl Najafi reside in Arizona.
- He has previously chaired the board of trustees at Phoenix Country Day School and served on the boards of the Phoenix Symphony and Phoenix Metropolitan Area Convention & Tourism Bureau.
FAQs About Jahm
- Who is Jahm Najafi?
Jahm Najafi is an Iranian-American billionaire businessman.
ย ย 2. How old is Jahm Najafi?
He is 63 years of age as of 2023.
ย ย 3. Where is Jahm Najafi from?
He is orignally from Iran but residing in Arizona, United States.
ย 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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