According to sources, Jahm Najafi net worth is £2.9 billion which is estimated at 3.5 billion USD.
Najafi’s Tottenham proposal will be structured so that MSP and the partners engaged will contribute 70% of the acquisition price.
The remaining 30% will purportedly be made up by Middle Eastern backers headquartered primarily in Abu Dhabi.
- Celebrated Name: Jahm Najafi
- Nick Name: Jahm Najafi
- Birth Name: Jahm Najafi
- Gender: Male
- Profession: Businessman
- Birth Nation: Iran
- Nationality: Iranian-American
- Place Of Birth: Iran
- Ethnicity: Mixed
- Religion: Muslim
- University: University of California, University of Texas, Harvard University
- Marital Status: Married
- Wife: Cheryl Najafi
- Sexual Orientation: Straight
- Net Worth: $3.5 billion
- Source of Wealth: Najafi Companies
Jahm Najafi Net Worth and Biography
Jahm Najafi was born in this world in the year 1963, making him 60 years old as of 2023. He was born in Iran. He afterwards obtained American citizenship.
Najarfi’s nationality is Iranian-American, and he comes from a mixed ethnic background. The lives of his parents are quiet affairs. He practices Islam as his religion.
His family moved to Phoenix when he was 12 years old since they knew someone there.
Jahm earned a bachelor’s degree in economics from the University of California, Berkeley. He acquired English while watching the Phoenix Suns, and he later received a degree in electrical engineering from the University of Texas at Austin.
He earned a master’s degree in business economics from Harvard University in 1986. He began his career in finance after graduating from university, working for financial businesses such as Bear Stearns and PaineWebber.
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Career
Jahm Najafi began his professional career in banking. He then began his own business. Najafi Companies has invested in a number of successful enterprises, including BMG Music Service and the Phoenix Suns, where he is still a minority shareholder.
He is apparently leading a consortium of investors in a $3.75 billion takeover proposal for Tottenham Hotspur, which would make the London-based club the Premier League’s latest side to change ownership.
According to Financial Times and Reuters reports, he is working with a group of investors to develop a bid that will be put to Spurs owner Joe Lewis and chairman Daniel Levy. The deal values the club at over $3 billion before debt of about $750 million is included.
Jahm Najafi is an entrepreneur and businessman. He is the founder and CEO of Najafi Companies, a private investment company with a focus on real estate, entertainment, and consumer media.
Jahm Najafi made headlines in February 2023 when it was revealed that he is prepared to launch a $3.1 billion bid to take over the English Premier League football club Tottenham Hotspur.
He is the owner of the Najafi Companies, a Phoenix-based equity company that serves as his main source of revenue.
Jahm Najafi is expected to have a net worth of $3.5 billion by the year 2023. Although Najafi appears to have a number of investors on his side, it is still unclear whether the takeover attempt at Tottenham would be successful.
For $20 million, Najafi acquired Network Solutions from Verisign Inc. through Najafi Cos. in 2003.
For $800 million, it sold Network Solutions to General Atlantic in 2007. The parent company of the Book of the Month Club, Columbia House, and BMG Music Service, Direct Group, was acquired by Najafi and Najafi Cos. in 2008 from German book publisher Bertelsmann AG. 2011 discussions to remove Borders Group from bankruptcy protection resulted in Najafi and his business, Najafi Cos., being named the highest bidder.
After Najafi secured the agreement in 2013, the corporation invested roughly $200 million in Jeff Berg’s talent agency, Resolution.
Following her dismissal from The Food Network in June 2013, Najafi, through Najafi Cos., invested between $75 and $100 million in Paula Deen and Paula Deen Ventures in order to support her rebranding in 2014.
He put forth a bid for Time Inc. control in 2017 through his business, Najafi Cos. Jahm Najafi’s Najafi Companies revealed on December 7, 2021, that they have signed an agreement to purchase STX Entertainment from ErosSTX for US$173 million.
There is a 45-day window during which ErosSTX may look for alternative proposals; if ErosSTX rejects the offer, it will have to pay a $4.5 million breakup fee.
Personal Life
Jahm Najafi is a husband and father. He got married to Cheryl Najafi, his wife. His wife Cheryl, a writer, speaker, and entrepreneur, is the co-author of the New York Times best-selling book “You’re So Invited: Panic Less, Play More, and Get Your Party On!” and the former CEO of the lifestyle media brand Everyday Dishes & DIY (formerly CherylStyle).
Najafi and his wife Cheryl Najafi live in Arizona with their three children.
Three kids make Jahm and Cheryl proud parents. They also have a second daughter and a boy who are twins.
Net Worth
The Najafi Companies are owned by Najafi, who holds a master’s degree in business economics from Harvard University.
His principal source of income comes from a Phoenix-based stock firm, but he also has positions on a number of nonprofit boards, including one where he co-founded Mission Advancement with former NFL player Colin Kaepernick.
The reported value of Najafi’s net worth is £2.9 billion ($3.5 billion).
