As the chairman of MSP Sports Capital, a sports investment organization, Jahm Najafi is putting together a proposal with a group of investors to topple club owner Joe Lewis and chairman Daniel Levy.
It would be the second major British sports franchise that Najafi aimed to bring back to its previous splendour.
In December 2020, the 60-year-old oversaw the acquisition by his business of a sizeable minority stake in McLaren Racing.
Najafi also voiced his optimism at the time that the additional investment will support the team’s long-term strategy for consistent F1 title competition.
Jahm Najafi Profile Summary
- Name: Jahm Najafi
- Date of Birth: 1963
- Profession: Businessman
- Relationship: Married
- Children: 3
- Net Worth: $3.5 billion
Jahm Najafi Early Life
In 1963, Jahm Najafi was born. However, the precise day and month of his birth were unknown at the time of writing.
The parents of Jahm Najafi lead quiet lives, therefore details about their names, dates of birth, ages, heights, weights, jobs, and state of survival were not known at the time of this writing.
Jahm Najafi co-owns The Pivotal Group, a business that specializes in the acquisition of significant commercial properties in California, with his brother Francis Najafi.
He graduated from Harvard University with a master’s degree in business economics and the University of California, Berkeley with a bachelor’s degree in economics.
After graduating from college, he began working for Salomon Brothers, a Wall Street firm that later merged with Citigroup.
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Career
Along with his brother, Francis Najafi, he then began to head The Pivotal Group, a company that specialized in the acquisition of significant commercial properties in California.
Jahm Najafi founded Social Venture Partners, a philanthropic venture capital fund that invests in emerging nonprofit organizations.
He is also a member of the Arizona State University Committee for Design Excellence and the Urban Land Institute.
In 2001, Jahm Najafi, the owner of the Phoenix-based private equity firm Najafi Companies, was named to the Phoenix Business Journal’s list of the Forty Under 40.
He is a National Basketball Association governor, as well as a vice chairman and part owner of the Phoenix Suns, a professional basketball team.
He previously headed the Phoenix Country Day School’s board of trustees and served on the boards of the Phoenix Symphony and the Phoenix Metropolitan Area Convention & Visitors Bureau.
In December 2020, Jahm Najafi was named the next vice-chairman of Formula One constructor McLaren Racing.
He is also the chairman of MSP Sports Capital, a sports investment firm based in New York with a portfolio that includes Estoril Praia and FC Augsburg.
When it was disclosed in February 2023 that Jahm Najafi was willing to make a $3.1 billion buyout offer for Tottenham Hotspur, an English Premier League soccer team, he received a lot of media attention.
According to unconfirmed sources, the billionaire will address Spurs owner Joe Lewis and chairman Daniel Levy in the coming weeks. He is apparently putting up an offer with a group of investors.
Personal Life
Najafi and his wife, Cheryl Najafi, live in Arizona with their three children.
Jahm Najafi Net Worth
The Najafi Companies are owned by Najafi, who holds a master’s degree in business economics from Harvard University.
His main source of income is from a Phoenix-based stock firm, but he also serves on other charitable boards, including one where he co-founded Mission Advancement with former NFL star Colin Kaepernick. Najafi’s net worth was estimated to be £2.9 billion ($3.5 billion).
